LIC Plan: After retirement, the fixed income stops, the salary stops, but the expenses remain the same. In such a situation, the biggest problem is with those people who do private jobs or do some small work of their own, who do not get any pension.
LIC New Jeevan Shanti: After retirement, the fixed income stops, the salary stops, but the expenses remain the same. In such a situation, the biggest problem is with those people who do private jobs or do some small work of their own, who do not get any pension. Such people have a lot of trouble in managing their expenses after retirement. This news is very special for these people. The country’s largest insurance company LIC has such a pension plan, in which after investing once, you will keep getting a fixed amount every month.
LIC Pension Scheme
LIC’s New Jeevan Shanti Scheme is such a plan, in which by investing only once, you can get a fixed pension every month. In New Jeevan Shanti Plan (LIC New Jeevan Shanti Plan), you have to invest money only once. Then you will keep getting a fixed amount as pension throughout your life, that is, after retirement you will have a fixed income.
What is New Jeevan Shanti Plan
LIC’s New Jeevan Shanti Plan is better for getting lifetime pension after retirement. Once you invest money in this plan, you have to forget about it. After your retirement, that is, after the age of 60, you will keep getting a fixed pension every month. If you invest the right amount at the right time, then you can get a pension of up to one lakh rupees annually for lifetime.
What are the terms of investment
New Jeevan Shanti Plan is a single policy plan. That is, you have to pay money only once. Under this plan, you can invest at least Rs 1.50 lakh and any amount as much as you want. The more you invest, the more pension you will get. At the same time, the minimum age to invest in this policy is 30 years and the maximum is 79 years. Not only this, if you do not like the policy, you can surrender it anytime.
How much pension will you get
The more you invest in this plan today, the higher will be the pension. Let’s assume that you invested Rs 11 lakh in this plan at the age of 55. So after five years when you turn 60, you will keep getting Rs 1,02,850 every year as pension for life. If you want, you can take this amount every month, three months, six months. If we talk about the specialty of the plan, if the policyholder dies, the nominee gets the entire amount back with interest. You can surrender this policy anytime. The special thing is that its surrender value is higher than other policies. Not only this, you also get the facility of loan on this policy.
