Do you want economic security after retirement? If yes, LIC’s smart pension scheme can be a great option for you. It gets a pension of at least Rs 12,000 on investment of only Rs 1 lakh.
If you are also looking for a pension scheme for your retirement, then let us understand this plan in detail.
Benefits of LIC Smart Pension Scheme
Fixed pension: Pension up to Rs 12,000 annually on investment of Rs 1 lakh.
Flexibility: Monthly, quarter, half -year -old or annual pension option.
Lifetime guarantee: Annuity is also benefited under the scheme.
Joint Account: Joint pension facility for husband and wife.
Pension even after death: If the account holder dies, then the other person will continue to benefit.
How to get pension?
You can get pension in four ways by investing outright in this scheme:
🔹 Monthly Pension: You will get ₹ 1,000 every month.
🔹 quarterly pension: ₹ 3,000 will be available every three months.
🔹 Half Pension: You will get ₹ 6,000 every six months.
🔹 Annual Pension: You will get ₹ 12,000 every year.
You can choose any option as per your need.
How to apply to LIC Smart Pension Scheme?
Online application:
1 go to the official website of LIC: www.licindia.in
2 Fill the form of Smart Pension Scheme.
3 upload the required documents.
4 buy a policy by paying.
Offline application:
Contact LIC agent.
Apply by visiting the nearest LIC branch.
Applications can also be made through the Common Service Center (CSC).
conclusion
LIC’s Smart Pension Scheme is a safe and guaranteed income scheme for those who want to remain financially independent after retirement. The biggest advantage of this scheme is that you will continue to get fixed pension, and your spouse will also get the benefit.
