Everyone saves some amount from their earnings and plans to invest it in such a place. Where his money is safe and also gets a great return on his investment. There are many investment options available today. But today we are going to tell you about a scheme of the country's largest insurance company, LIC. This can make your old age better. LIC's retirement plan is quite popular. Which provides you financial security after retirement. The name of this scheme is LIC New Jeevan Shanti Plan. Let us tell you about it in detail.
You get two options in the plan.
LIC's New Jeevan Shanti Plan guarantees you a regular pension after retirement through investment. That is, after a single investment made in it, you keep getting a pension for life after retirement. The age limit to take this policy is 34 to 79 years. There is no risk cover in this plan, but the benefits available in it are quite popular. In this plan, you get two options from the company. The first is Deferred Annuity for Single Life, the second is Hedged Annuity for Joint Life. If you want, you can invest in either of the two.
LIC New Jeevan Shanti Plan
LIC New Jeevan Shanti Plan is an annuity plan. Along with buying it, you can fix the limit of your pension in it. You get the pension fixed in it for life after retirement. You also get great interest in it. If you buy this plan at the age of 55, then at that time you will have to deposit Rs 11 lakh and hold it for five years. Then you can get a pension of more than Rs 1,01,880 annually on your lump sum amount. The amount of pension received based on six months will be Rs 49,911, and the pension every month will be Rs 8,149.
Minimum investment of up to Rs 1.5 lakh
The annuity rates for the New Jeevan Shanti Plan have also been increased in the recent past. Anyone can invest in this plan. The most important thing in this is that you can surrender this plan anytime and can also make a minimum investment of up to Rs 1.5 lakh in it. There is no maximum limit for this. During this period, if the policyholder dies, then the entire deposit amount in his account is given to the nominee.
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