LIC Jeevan Shanti Scheme: New Jeevan Shanti Policy can be purchased through both online and offline means.
New Delhi: If you are also looking for an option to earn a lifetime, then a special policy is offered by LIC (Life Insurance Corporation). In this policy, you can earn for life by investing money once. The name of this policy is Jeevan Shanti Scheme of LIC. The New Jeevan Shanti policy can be purchased both online and offline. Let us tell you about this policy in detail-
While taking this policy, the policyholder has two options regarding pension. First Immediate Second Deferred Annuity. This is a good way to get a fixed amount at the time of retirement. Both the plans have different features and benefits. Immediate means that you start taking pension immediately after taking the policy. Whereas, deferred annuity means that you start taking pension at some time (5, 10, 15, 20 years) of taking the policy. You get 7 types of options in Immediate Policy. At the same time, two options are available in Deferred. With this policy, customers also get the facility of loan. Also, you can surrender it anytime after 3 months.
How much investment is necessary
Under the Jeevan Shanti plan, it will be necessary to invest at least 1.5 lakh rupees. There is no limit on the maximum amount. You can deposit 5 lakhs or 10 lakhs or more in lump sum according to your convenience.
Who can take the policy You must be
At least 30 years of age to take the policy. At the same time, if the pension is wanted immediately, then the maximum age should be 85 years. The maximum age for deferment plan should be 79 years.
Benefits of this plan In this plan of
LIC, you have to invest only once and you will continue to have guaranteed income throughout your life. You can also take the policy jointly with your parents or siblings. Apart from this, customers can select the annuity option in this plan according to their needs and circumstances. This is a single premium plan, where once you invest, you will start getting pension, which will be available for life.
You have these options In
This policy, you get many options for investment. If you want, you can start taking pension immediately or you can take it after some time also. If you join the policy after 35 years, you can get the pension immediately or you can take it for 5, 10, 15 or even 20 years.
You will get this much interest and official notification
At an interval of 5 to 20 years, under different pension plans, there is an option of pension on your deposit at the rate of 8.79 to 21.6 percent per annum in Jeevan Shanti Plan. For more details you can visit the official link https://www.licindia.in/getattachment/Products/Pension-Plans/Jeevan-Shanti/Sales-brochure.pdf.aspx.
You see so many bucks
Suppose a 50-year-old person chooses the option that option ‘A’ or per month pension. Along with this, he opts for the 10 lakh Sum Assured option. So he will have to pay a premium of Rs 10 lakh 18 thousand. After this investment, he will get a pension of Rs 5,617 per month. This pension will be available as long as the policyholder is alive. At the same time, after death, this pension will stop coming.