LIC Saral Pension Plan: Life Insurance Corporation (LIC) is the largest insurance company in the country. It launches financial products keeping in mind the financial needs of the people of the country.
Life Insurance Corporation (LIC) is the largest insurance company in the country. It launches financial products keeping in mind the financial needs of the people of the country.
LIC Saral Pension Plan is one such scheme that fulfills your financial needs after retirement. The motto of this scheme is: “Your welfare is our responsibility.”
Let’s know more things related to this Annuity Scheme:
1. Monthly pension starts as soon as any person buys Annuity.
2. You can buy annuity of minimum Rs 12,000 per annum. However, there is no maximum limit fixed for this.
3. Any person above 40 years and below 80 years of age can buy this Annuity.
4. If you want, you can get pension on annual, half yearly, quarterly or monthly basis after paying the premium once.
5. You can buy this policy both offline and online.
These two options are available (2 Options under Saral Pension Yojana)
1. Life Annuity with return of 100% of purchase price: Under this option, any individual or single policyholder is eligible to get a pension of Rs 12,000 per month till he survives. Is. In the meantime, if he dies, the premium is returned to the nominee.
2. Joint life last survivor annuity with return of 100% of purchase price on death of the last survivor: Under this husband and wife can get pension. However, in the meantime, on the death of both, the premium is returned to the nominee.
How Much
Annuity Will Have to Buy According to the LIC Calculator, if you buy an annuity of Rs 30 lakh and select the first option, then you will get a pension of Rs 12,513 every month.
Loan can be taken
Under this policy, you can take a loan after 6 months from the start of the policy. In the joint life annuity option, the annuitant and the spouse can also avail loan facility on his/her death. Live TV
