If you are thinking of investing in a scheme to get a safe and guaranteed pension. In such a situation, today we are going to tell you about a great scheme of LIC. The name of this scheme is LIC Saral Pension Scheme. Many LIC schemes are very popular. Many people in the country see LIC as a safe investment option. In such a situation, most people keep various schemes of LIC in their priority instead of investing in another scheme. Keeping in mind the investors and their needs, LIC runs several schemes. Today we are going to tell you about LIC’s simple pension plan, where you can get a big benefit by investing. Let us know about it in detail –
LIC’s simple pension scheme is a non-linked, single premium, personal immediate annuity scheme. In LIC’s simple pension scheme, you have to invest outright. After this, you start getting pension.
In this scheme, you submit a lump sum premium. Based on the same, the pension amount is fixed. You get the amount of pension throughout your life. You can surrender this LIC policy anytime after 6 months of start.
Only those who have a minimum age of 40 years can invest in LIC’s simple pension scheme. Talking about the maximum age limit, it is fixed at 80 years.
Under this scheme you can get pension benefits on monthly, quarterly or semi-annual basis. Suppose you are 42 years old and you buy an annuity worth Rs 30 lakh. In such a situation, you will get a pension of Rs 12,388 per month under this scheme.
