LIC Saral Pension Plan : Most of the employed people working in private sector are worried about not getting regular income after retirement. Pension is not available in private jobs. This is why it becomes mandatory for an employee to invest in a pension scheme or fund while on the job.
There are many people who do not take pension plan during their job and are worried after retirement. Here we are telling you about one such pension scheme in which you have to deposit money once and you will get a maximum pension of Rs 12,000 every month throughout your life.
LIC’s Saral Pension Scheme – Will provide pension for the whole life after retirement
Under the Saral Pension Scheme of Life Insurance Corporation of India (LIC), a pension of Rs 12000 is available every month. In LIC’s Saral Pension Scheme, you have to pay premium only once. After that, after 60 years, you will get a pension of Rs 12000 every month. You will get the benefit of this pension throughout your life. If you invest Rs 10 lakh in this at the age of 60, you will get Rs 58950 annually. The pension received in this scheme depends on the amount of your investment.
You can take Saral Pension Scheme online or offline.
These pension schemes can be taken both online and offline. A minimum investment of Rs 12000 per year will have to be made in this scheme. There is no limit on maximum investment in this. This scheme is for people between 40 to 80 years. In this plan, the policy holder can get a loan at any time after 6 months from the date of commencement of the policy.
Rules of Saral Pension Scheme
Life Annuity with 100 percent return of purchase price This pension is a single payment policy. This policy will be related to one person. As long as the investor i.e. the pensioner is alive, he will continue to receive pension. After the death of the investor, the nominee will receive the base premium.
