look news india
LIC Saral Pension Scheme: Everyone saves some part of their earnings and invests it in such a place where their money is not only safe but also gets excellent returns. Some people choose such a scheme as a retirement plan, in which after retirement, they get a fixed amount every month and they do not have to depend on anyone. Life Insurance Corporation (LIC), the country's largest government insurance company, has policies for people of all age groups. One of these is LIC Saral Pension Plan, which guarantees pension every month once invested.
Popular as a retirement plan
The special thing about LIC's Saral Pension Scheme is that investment has to be made only once and pension is provided for the entire life. This is why LIC Saral Pension Plan is very popular as a retirement plan. This scheme, which gives fixed pension every month, fits perfectly into investment planning after retirement. Suppose someone has recently retired. If he can invest the money received from PF fund and gratuity during retirement, then he will continue to get the benefit of pension every month throughout his life.
In this way you will get a pension of Rs 12000 every month.
In LIC Saral Pension Plan, you can buy annuity of at least Rs 12,000 annually. However, there is no limit on maximum investment in this scheme, that is, you can invest as much as you want and get pension according to that investment. In this scheme, any person can get pension on annual, half-yearly, quarterly or monthly basis after paying the premium. With this lump sum investment he can buy annuity. According to LIC calculator, if a 42 year old person buys an annuity worth Rs 30 lakh, he will get Rs 12,388 as pension every month.
Husband and wife can plan together
LIC Saral Pension Scheme can be purchased by a person between the age of 40 years to 80 years. You can take this scheme alone or with husband and wife. In this, the policyholder is also given the facility to surrender the policy anytime after six months from the date of commencement of the policy. Moreover, in case of death benefit, if the policyholder dies, the investment amount is returned to his nominee.
Life long pension and loan facility
In this scheme of LIC which guarantees lifelong pension, loan facility is also provided to the policyholder. Under Saral Pension Scheme, policyholders can also take a loan after six months. Another special thing in this simple pension scheme is that the amount of pension you start getting, you will continue to get the same amount throughout your life. To buy this plan online, you can visit the official website of LIC www.licindia.in.