It is said that people should always be vigilant about their retirement and must keep investing in some scheme, so that in old age, that money can be useful to you. But the most important is where to invest, which is right, where the money is safe and gives good returns.Â
In such a situation, LIC can be very useful for you. Although there are many plans of LIC, which are very beneficial, but its simple pension plan can be very useful after your retirement. The special thing about this scheme is that by depositing lump sum money in it, you can take advantage of the pension scheme for life. This plan of LIC is considered to be a good pension plan. This plan can also be taken alone and if desired, both husband and wife can buy the policy. Let’s know about this scheme…
This simple pension plan of LIC is a single premium pension plan, in which premium has to be paid only once. If the policyholder dies due to any reason, the entire amount is returned to the nominee.
To take advantage of this pension scheme, the age of the policyholder should be at least 40 years and maximum 80 years. The most important thing about this scheme is that if you want, you can take pension every month, six months or one year together. The amount of pension is determined on this basis.
Under this scheme, if you want to take pension every month, then you will have to take a minimum pension of 1000 rupees and if you want to take it for three months, then three thousand rupees, six months six thousand and one year 12 thousand rupees will be available together. You can take as much pension as you want according to your deposit money.
Suppose if you are 40 years old and you have paid a single premium of Rs 10 lakh under this scheme, then you will be entitled to get Rs 50,250 annually. If you want, you can also apply for a loan after six months from the start of the scheme. This option is also available under this plan.
