LIC New Jeevan Shanti If you want a good regular income for yourself every month then invest in LIC’s New Jeevan Shanti plan. You get many benefits in this plan. This is a good way for assured income every month.
LIC New Jeevan Shanti: If you want to earn more profit in limited investment then LIC’s New Jeevan Shanti Plan 2023 is a better option for you. Life Insurance Corporation of India (LIC) has revised the rates for its New Jeevan Shanti Plan (Plan No. 858). New policyholders applying for this scheme from January 5 will now get increased interest.
LIC has also increased the incentive amount for higher purchase price for New Jeevan Shanti plan. Policyholders can now avail it at a purchase price of Rs 3 to Rs 9.75 per Rs 1000. However, the incentive amount will depend on the purchase price and the tenure chosen. Life Insurance Corporation of India has revised the annual rates of New Jeevan Shanti (Scheme No. 858) with effect from 05.01.2023.
What is the new Jeevan Shanti plan of LIC?
LIC’s New Jeevan Shanti plan is a single premium plan. Policyholders can choose between Single Life and Deferment Annual Rate. New Jeevan Shanti plan is a better option for working and self-employed professionals who want to plan for regular income for the future after a fixed period of time.
Who can invest
This plan of LIC can be a good option for those who have money to invest. New Jeevan Shanti is a Deferred Annual Plan. This scheme is very good for the youth. You can plan for retirement right from the early days of your career. New Jeevan Shanti plan offers guaranteed annuity rate at the inception of the policy.
An investment of Rs 10 lakh will benefit this much
You can invest in LIC’s new Jeevan Shanti plan with a minimum of Rs 1.5 lakh. It gives you a minimum return of 12,000 every year. Let us tell you that there is no maximum limit for investing money in this scheme.
Get Rs 11,192 every month
According to the sales brochure of the plan, in case of deferred annuity for single life, you can get a monthly pension of Rs 11,192 by purchasing a policy of Rs 10 lakh. In case of Deferred Annuity for Community Life, the monthly pension can be Rs.10,576. The amount of annuity may vary from case to case. More information on this is available on LIC’s website. Let us tell you that this policy comes with a free look period of 30 days from the date of receipt of the electronic or physical mode of the bond.
