LIC Saral Pension Plan When we cross the age of 60 years, we take retirement from the job but we always want that our income should never stop. If you also want to spend your post-retirement life peacefully with family members, then you must invest in this plan of ALIC.
The country’s largest government insurance company has brought such a policy for all of you, through which your income will not stop after retirement. Many schemes of LIC are very much liked by the people. In this you get guaranteed returns.
Today we are telling you about such a policy in which you will have to invest only once. Many people do not like to invest in this type of insurance because of the recurring investment. You have to invest only once in LIC’s Saral Pension Plan. Let us know what are the criteria of this policy?
Age Range
Life time pension is guaranteed to you in this policy. If your age is between 40 to 80 years, then you can take advantage of this policy by purchasing it. In this, you are also guaranteed death benefit. If the policyholder dies, then the invested amount is returned to the nominee. The policyholder can surrender anytime after 6 months from the inception of the policy.
Best retirement plan
In LIC’s Saral Pension Yojana, you get a fixed pension every month. This scheme is perfect for post retirement investment planning. If you deposit the fund or gratuity money received after retirement in this scheme, then you will continue to get the benefit of pension every month. You will get this benefit for the rest of your life.
What is its limit
In this scheme, you have to deposit Rs 12,000 every year. You can invest any amount in this. This means that there is no limit to the maximum investment in it. Once you invest in this scheme, you can then avail pension on yearly, half-yearly, quarterly or monthly basis. You have to invest lump sum money in this scheme, after which you can buy annuity.
Suppose you have invested Rs 30 lakh in this scheme when you were 42 years old, then you will get a pension of Rs 12,388 every month. You will get this pension for life.
Loan facility
You can also take a loan in this scheme. You can take loan after 6 months. A special feature of this scheme is that from the day you get the pension, after that you will get the benefit of life time. You can get information about this scheme from the official website of LIC.
