Full form of LIC- Life Insurance Corporation of India. It is India’s largest life insurance company and also the country’s largest investor company.
LIC Pension Scheme: Those working in the private sector are worried about their retirement. In such a situation, people start doing different types of planning for saving. But saving does not bring regular income in retirement. Many schemes have been implemented in the country for regular income. In which the country’s largest insurance company LIC is working vigorously. LIC has policy plans for all categories. With the help of these schemes, you can arrange income for your future.
Let us tell you that LIC can deposit a lot of money for retirement with its simple pension plan.
What is LIS Saral Pension Plan?
Under LIC Saral Pension Yojana, a pension of Rs 12,000 is received every month. For this you will have to pay the premium only once and after that at the age of 60 you will get a pension of Rs 12,000. You will get the benefit of this pension throughout your life. If you invest Rs 10 lakh at the age of 60, you will get a pension of Rs 58,950 annually. It depends on the pension investment account.
How to apply for Saral Pension Yojana?
If you want to apply for this pension scheme, then you can apply for this pension scheme through both offline and online modes. A minimum investment of Rs 12,000 has to be made annually in this scheme. There is no limit to the maximum investment in this. This scheme is for people from 40 years to 80 years. The policyholder will get the benefit of the loan any time after 6 months from the date of inception of this policy.
What is LIC?
Full form of LIC- Life Insurance Corporation of India. It is India’s largest life insurance company and also the country’s largest investor company. It is completely owned by the Government of India. It was established in the year 1956. Its headquarters is in Mumbai.
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