Keeping in mind the people of different income groups in the country, LIC is running many great schemes. Many people in the country see LIC as a safe investment option. In this episode, today we are going to tell you about a very great investment plan of LIC, where you can get pension for life by investing once.

The name of this scheme of LIC is Saral Pension Plan. If you want to get regular income every month on your investment, then this scheme is a great option for you. This scheme of LIC is very popular as a retirement plan. If you have recently retired, then you can invest your retirement fund or gratuity amount in this scheme. Let us know about this scheme in detail –

Any person between 40 and 80 years of age can invest in LIC’s Saral Pension Plan. In LIC’s Saral Pension Plan, you can buy an annuity of at least Rs 12,000 annually.

The maximum investment limit has not been fixed in this scheme. In this scheme of LIC, you can get the benefit of pension on annual, half-yearly, quarterly or monthly basis by paying premium once.

If a person buys an annuity of Rs 30 lakh at the age of 42, then he will get a pension of Rs 12,388 every month for life. You can buy this plan by visiting the official website of LIC.

After completion of 6 months of this LIC scheme, you can surrender it at the time of need. The special thing about LIC Saral Pension Plan is that you can also take a loan under this scheme at the time of need. However, the amount of loan you will get will be decided on the basis of your investment amount.

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