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Home Personal Finance LIC Saral Pension Plan: This Scheme Of LIC Is Very Special, Once...

LIC Saral Pension Plan: This Scheme Of LIC Is Very Special, Once The Premium Is Paid, You Will Get Pension For Life

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New Delhi. Today we are going to talk about a special policy of LIC, in which you can get pension for life by paying premium once. There are many benefits of this scheme, about which we will tell you in detail further, but before that let us know its special things. The name of this special scheme of LIC is Saral Pension Plan. This plan is also known as Intermediate Annual Plan.

There is a lot of curiosity among many people regarding this. Under this policy of LIC, only people between the age group of 40 to 80 years can apply. In this plan, you have to pay the premium amount. After that, on retirement, you will get pension for life. There are many benefits of this scheme of LIC, the benefit of which you will get at the time of your retirement. Let us know in detail about LIC’s Saral Pension Plan –




You will have two options in Saral Pension Yojana. In the first scheme i.e. single account, the pension of the person will be stopped during death. On the other hand, a joint account can be opened in other schemes. In this, even after the death of the person, the other person will continue to get the pension.

Before applying for LIC’s Saral Bima Yojana, there are some important things, which you have to keep in mind. Applicant must be a citizen of India. His age should be between 40 to 80 years. The minimum amount under this scheme is Rs 1000. However, no maximum limit has been fixed yet.

While purchasing this policy, you will need permanent residence proof, income proof, age proof, Aadhar card, PAN card, bank details, passport size photograph and mobile number. The process of applying for this policy is quite simple. Let us know about its process –

To apply, you have to visit the official website of LIC. After that you have to click to apply on Saral Pension Yojana. Now you have to enter your required details in the application form. After filling the details form you have to submit it. After submission your form will be processed successfully.

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