LIC’s Jeevan Shanti Scheme offers two pension options. In which the first is the Annuity Annuity and the second is the Deferred Annuity. Under this scheme, you will get a fixed amount every month.
LIC’s Jeevan Shanti Scheme ( LIC Jeevan Shanti ) is a better option to secure the future and get a fixed amount every month after retirement . In this, you can get a pension every month by depositing a lump sum amount, that is, investing only once. You can avail pension facility immediately or later under the scheme.
LIC’s Jeevan Shanti Scheme is a non-linked plan. In this, you have to pay annual premium. In this, customers can opt for immediate annuity or deferred annuity. There are also options for when the policy holder wants to take pension. You can take advantage of this after 5, 10, 15 or 20 years. Pension will start getting according to the time you choose. Those who want to get a pension immediately after depositing a lump sum can also take advantage of it.
How to get 9 thousand rupees a month
If a person invests a lump sum of Rs 5 lakh in this policy of LIC in 30 or 35 years and wants to get pension after 20 years, then you will get pension at the interest of about 21.6% per annum. In this case, you will get 1.05 lakh rupees every year. If you want to take this amount monthly, then it will be about 9 thousand rupees. The good thing is that you will continue to get this pension amount for life. On the other hand, if someone has deposited Rs 10 lakh, then the monthly pension will be Rs 17500.
Special things related to the scheme
It is necessary to invest at least 1.5 lakh rupees in this scheme of LIC. There is no maximum limit to invest in it. Death benefit is also available in Jeevan Shanti Scheme. On the death of the investor, his family and the nominee are given other benefits along with pension. In this plan you will get 2 options, first intermediate annuity and second fixed annuity. In an intermediate annuity, the investor gets the payment immediately. At the same time, if you invest in the scheme by paying a single premium in the deferred annuity, then you can get the payment after a certain number of years.
