To provide the facility of pension, the government insurance company LIC has given the facility of Saral Pension Yojana plan. Under this plan, you can buy an annuity of Rs 12,000 annually. LIC launched this scheme on 1 July 2021.
The country’s largest government insurance company Life Insurance Corporation (LIC), famous by the tag line of ‘Zindagi Saath Bhi and Zindagi Ke Baad Bhi’, has come up with a new pension scheme, named LIC Saral Pension Plan (LIC Saral Pension Plan). Investors invest in LIC with confidence and without any worries. LIC has won their trust among the people due to the track record of LIC’s better returns.
What is Saral Pension Yojana?
LIC ‘s Saral Pension Plan is a non-linked, single premium, individual immediate annuity plan. To take this policy, you will have to pay a lump sum amount, after which you will get pension for life. You can take advantage of this scheme either alone or with your husband or wife.
According to LIC’s website, this scheme has been launched on 1 March 2023. Let us tell you that the maximum limit of investment in this scheme has not been fixed.
Not only this, if the policy holder dies due to any reason, then in such a situation the amount of single premium is given back to the nominee of the policy holder. If you want, you can buy this policy online from the website of www.licindia.in or from your nearest offline LIC office.
What is the eligibility to take the policy?
You can take advantage of this policy of LIC when your age is minimum 40 years and maximum 80 years. The premium you will have to pay for this policy will depend on your age.
Under this plan, you can buy an annuity of Rs 12,000 annually. After paying the premium on the basis of age, you can avail pension on yearly, half-yearly, quarterly and monthly basis. According to this scheme, the more pension you start getting, the more money you will get for the whole life.
