Lic Saral pension scheme: At present, the Indian Life Insurance Corporation introduces a remarkable pension scheme for citizens, offering support for their future lives! LIC stands as the nation’s largest insurance company, earning the trust of millions across the country.
If you aim to safeguard your future life by investing in LIC, they offer a policy tailored for you. Investing in this policy ensures you receive exceptional pension benefits! Known as LIC’s Simple Pension Policy, it’s designed to meet your needs.
The Indian Life Insurance Corporation has introduced this policy primarily for pension purposes. It is particularly advantageous for those who work in jobs without post-retirement pensions. Consequently, reaching a certain age, namely old age, becomes imperative for individuals to fulfill their financial requirements.
If you desire to secure your retirement pension, you have the option to invest your income in LIC’s exclusive LIC Simple Pension Policy in a timely manner! This way, you can receive monthly pension payments.
Life Insurance Corporation of India
This policy from the Life Insurance Corporation of India has become the most special policy of the present time. If an individual desires to arrange for a specific income, they can invest here to secure their pension.
To participate, you’ll need to make a lump sum investment, meaning you’ll need to purchase an annuity. Through this, an individual can invest in LIC’s Simple Pension Policy on a monthly, quarterly, semi-annual, or annual basis! They can arrange for an annual pension payout!
Facility like taking loan after 6 months
The LIC Simple Pension Policy provides individuals with pension benefits at their old age, i.e., at the age of 60, upon retirement. Under this policy, you receive a monthly pension of 12,000 rupees. To enroll in this policy, you’ll need to make a lump sum payment of the policy amount.
Additionally, the Life Insurance Corporation of India offers customers benefits such as the option to take loans after 6 months of investing in this pension policy.
LIC Saral Pension Policy
If you are aged 42 and looking to access pension benefits via the LIC Simple Pension Policy, and are investing in an annuity of 30 lakh rupees, you will receive a monthly pension of 12,388 rupees.
Through this, you can choose a monthly pension option starting from a minimum of 1,000 rupees, a quarterly pension option starting from a minimum of 3,000 rupees, a semi-annual pension option starting from a minimum of 6,000 rupees, and an annual pension option starting from a minimum of 12,000 rupees.
It’s noteworthy for investors that there is no limit to the maximum pension amount in this policy of the Life Insurance Corporation of India!
