Lic's beautiful scheme, once money is paid for 1 lakh pension
Everyone wants to save part of their earnings and invest in such a place where their money is completely safe and also received good returns on investment. In today’s times, there are many investment options in the market, but there are very few of them that provide the best balance between safety and returns. Today we will tell you about a special scheme of Lic, India’s largest insurance company, which can make you retirement safe and financially. The scheme is called the name Lic New Jeevan Shanti plan, which is a pension -based annuity plan. What is Lic New Jeevan Shanti Plan? Lic New Jeevan Shanti Plan is an annuity plan, in which you can invest a lump sum and in exchange for it pension with fixed intervals. This plan is specially designed for those looking for retirement regular income. Any person between 34 and 79 years can invest in this scheme. The main purpose of this scheme is to provide a safe and stable retirement income to investors. Two options are available in the plan Lic gives you two options in this plan: Deford Annuity for Single Life: In this, only the investor gets a life pension. Deford Annuity for Jint Life: In this, both the investor and his spouse are pension. If one dies, the other person receives pension. In both of these options, investors can choose the option according to their comfort and family needs. Calculation of pension and interest under this plan, if someone invests in it at the age of 55 and deposits Rs 11 Lakh single, then after five years he will be pension annually to 1,01,880 £. Half pension: £ 49.911 Monthly pension: £ 8,149 In it, the amount of pension depends on your deposited capital and selected annuity option. Interest rates in this scheme vary from time to time, but recently these rates have been increased, which has more benefits to investors. The minimum and maximum investment in this scheme is £ 1.5 lakh. There is no maximum investment limit. You can surrender this plan at any time, which makes this plan more flexible. If the investor dies, the entire deposit is transferred to the nominee. Why choose Lic New Jeevan Shanti Plan? The guarantee of regular pension of a lifetime and under the death advantage run by the surrender and loan facility of the government insurance company is a reliable option -effect in retirement schemes, if you also want to make your retirement financially safe and you want to depend on someone in age, Lic New Jeevan Shanti -Plan can be a good option for you. This plan not only provides you with pension, but also offers your deposit capital complete protection. So make the right decision on time and make your future safe. Share this story -tags