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After retirement, a certain amount of money is required so that financial strength can be achieved in old age. To plan for retirement, people these days are investing in the stock market as well as in government schemes. Due to the risk in the stock market, most people choose government schemes. If you also do not want to take risk and want a fixed amount for retirement, then today we are telling you about a scheme of LIC in which a fixed amount will be guaranteed and there will be no risk.
This scheme is LIC Saral Pension Scheme, which guarantees pension every month on retirement. Its special thing is that you can invest in it only once and you will continue to get pension throughout your life. LIC Saral Pension Yojana is quite popular as a retirement plan. This scheme can give you a pension of Rs 12000 every month after retirement.
If a person works in the private sector or government department and invests his PF fund and gratuity amount before retirement, then he will continue to get the benefit of pension every month throughout his life.
Features of LIC Saral Pension Plan
Talking about this scheme of LIC, a person below 40 years of age cannot invest in it. At the same time, you can invest in it anytime till the age of 80 years. Under this policy, an annuity of Rs 1000 has to be purchased every month. At the same time, a minimum annuity of Rs 3000 has to be taken on quarterly basis, Rs 6000 on half yearly basis and Rs 12000 on annual basis.
How to get Rs 12000 pension?
In LIC's Saral Pension Scheme, you can buy annuity of at least Rs 12,000 annually. There is no maximum limit for investment under this scheme, you can invest as much as you want under this scheme. Under this policy plan, any citizen can avail the benefit of annual, half yearly, quarterly and monthly pension by paying the premium once. According to LIC calculator, if a 42 year old person buys an annuity worth Rs 30 lakh, he will get a pension of Rs 12,388 every month.
You can also take a loan
To buy this plan of LIC, you have to go to www.licindia.in. If 6 months have been completed under this policy, then you can surrender it if needed. Besides, you can also take loan under this scheme. However, the loan amount will depend on your investment.