Today many people want that after retirement their old age should be spent comfortably and they should get a good pension every month. For this, there are many investment options available in the market today but today we are going to tell you about a scheme of LIC in which you can get a good pension by investing just once. Let’s know about it
Everyone is investing some part of their income these days. People are investing money in everything from the stock market to government schemes. Especially, the number of people investing in LIC and Post Office schemes without taking any risk is high. Under these, people invest for different purposes. Some people choose the scheme as a retirement plan, so that a fixed amount is received in their account every month. A plan is also offered by LIC, which can give a fixed amount when you retire.
LIC Saral Pension Plan is one such scheme, which guarantees pension every month on retirement. Its special feature is that you have to invest only once in it and you will keep getting pension throughout your life. LIC Saral Pension Plan is quite popular as a retirement plan. This scheme, which gives a fixed pension every month, fits perfectly in the investment planning after retirement.
If a person works in a private sector or government department and invests his PF fund and gratuity amount in it before retirement, then he will get the benefit of pension every month for life.
Features of LIC Saral Pension Yojana
If we talk about the special thing about Life Insurance Corporation of India, then a person below 40 years of age cannot invest in it. However, you can invest in it anytime till the age of 80. Under this policy, an annuity of Rs 1000 has to be purchased monthly. At the same time, an annuity of minimum Rs 3000 has to be taken on quarterly basis, Rs 6000 on half-yearly basis and Rs 12000 on annual basis.
How to get monthly pension of Rs 12000
In LIC’s Saral Pension Plan, you can buy an annuity of at least Rs 12,000 annually. However, there is no limit set under this policy of maximum investment. You can invest as much as you want and avail as much pension as you want. In this scheme, any person can get pension on yearly, half-yearly, quarterly or monthly basis after paying the premium once.
He can buy annuity with this lump sum investment. According to LIC Calculator, if any 42-year-old person buys an annuity of Rs 30 lakh, then he will get a pension of Rs 12,388 every month.
Loan facility also
If someone in the family gets seriously ill, then this policy can be surrendered after six months of taking the policy. Also, a special feature of this policy plan is that any person can take a loan after six months of starting the policy. To buy this plan online, you can visit the official website of LIC www.licindia.in.
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