Everyone is investing some part of their income these days. People are investing money in everything from the stock market to government schemes. Especially, the number of people investing in LIC and post office schemes without taking any risk is high. Under these, people invest for different purposes. Some people choose the scheme as a retirement plan so that they get a fixed amount in their account every month. LIC also offers a plan which can give you a fixed amount on retirement.

LIC Saral Pension Plan is one such scheme, which guarantees pension every month on retirement. Its special feature is that you have to invest only once and you will keep getting pension throughout your life. LIC Saral Pension Plan is quite popular as a retirement plan. This scheme, which gives fixed pension every month, fits perfectly in the investment planning after retirement.

If a person works in a private sector or government department and invests his PF fund and gratuity amount in it before retirement, then he will continue to get the benefit of pension every month throughout his life.

Also Read: Bank License Canceled: Big News! RBI canceled the license of this bank, check details here

If we talk about the specialty of Life Insurance Corporation of India, then a person below 40 years of age cannot invest in it. However, you can invest in it anytime till the age of 80. Under this policy, an annuity of Rs 1000 has to be purchased monthly. At the same time, an annuity of minimum Rs 3000 has to be taken on quarterly basis, Rs 6000 on half-yearly basis and Rs 12000 on yearly basis.

How to get monthly pension of Rs 12,000?

In LIC’s Saral Pension Plan, you can buy an annuity of at least Rs 12,000 per year. However, there is no limit on maximum investment under this policy. You can invest as much as you want and avail pension. In this scheme, after paying the premium once, any person can get pension on annual, half-yearly, quarterly or monthly basis.

He can buy an annuity with this lump sum investment. According to the LIC calculator, if a 42-year-old person buys an annuity of Rs 30 lakh, he will get a pension of Rs 12,388 every month.

Loan facility is also available.

If someone in the family gets seriously ill, then this policy can be surrendered after six months of purchasing the policy. Also, a special feature of this policy plan is that any person can take a loan after six months of starting the policy. To buy this plan online, you can visit the official website of LIC www.licindia.in.

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You have to deposit lump sum money in this wonderful scheme of LIC and you start getting the benefit of pension only from the age of 40 years. The name of this policy of LIC is Saral Pension Yojana (LIC Saral Pension Yojana).

Single premium plan

LIC’s Saral Pension Yojana (Saral Pension) is a single premium pension plan, in which premium has to be paid once at the time of taking the policy. After this, you will continue to get pension for the whole life. If the policy holder dies, the amount of single premium is returned to his nominee.

Saral Pension Yojana is an immediate annuity plan, that is, you start getting pension as soon as you take the policy. After taking this policy, the amount of pension that starts with, the same amount of pension is received for the whole life.

What should be the specialty of this plan-

>> The minimum age limit for the benefit of this scheme is 40 years and the maximum is 80 years.
>> In this policy, the benefit of pension is available for the whole life.
The Saral Pension policy can be surrendered anytime after six months from the date of inception.
You have the option of getting a minimum pension of Rs 1000 every month.

How much pension will you get?

Let us tell you that in this simple pension scheme, you can get a minimum pension of 1000 rupees. Your age is 40 years and you have deposited a single premium of Rs 10 lakh, then you will start getting Rs 50250 annually which will be available for life. Apart from this, if you want your deposited amount back in between, then in such a situation, after deducting 5 percent, you get back the deposited amount.

You will also get the benefit of the facility of loan.

The advantage of this pension of LIC is that you can also take advantage of loan on it. If you have any serious illness, then you can also take money for its treatment. Along with this pension plan, you are also given a list of serious diseases. On surrender of the policy, 95% of the base price is returned. You can apply for the loan after 6 months of starting the scheme.

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Which will be of some help in daily expenses after your retirement. If you want that you get a substantial amount as pension, then this news can prove to be very useful for you. In this news, we are going to give you information about the excellent pension plan of the country’s most trusted insurance company LIC. Know what is special in this plan ..

The name of this plan of LIC is New Jeevan Shanti Yojana. Before investing in it, you must know the complete information about it. By investing in it, you get the facility of lifelong pension after retirement.

Know what is the plan

Many types of pension plans of Life Insurance Corporation of India ie LIC are available in the market. If you have to retire due to age or any other reason in the job, then often people’s source of income ends. After retirement, the burden of expenses in your normal life increases considerably. LIC’s New Jeevan Shanti Scheme (LIC New Jeevan Shanti Scheme) is an annuity plan, that is, while taking it, your pension amount becomes fixed. In this, you will also get the facility of pension every month.

Facility of two options in the plan

You get the facility of two types of options under this scheme. The first option in this is Deferred Annuity for Single Life. And the other is Deferred Annuity for Joint Life. In the first option, you can buy a pension scheme for one person.

Nominee will get money on death

If a policyholder dies, and he has a Deferred Annuity for Single Life Plan, then the money deposited in his account will be given to the nominee. If the policyholder survives, he will get pension. If one person dies in Deferred Annuity for Joint Life, then the other gets the facility of pension. On the other hand, if both the persons die, then all the money will be given to the Nominee.

What is annuity payment

The mode of payment is half yearly, quarterly and monthly. Annuity payment will be after 1 year, 6 months, 3 months and 1 month from the date of vesting of annuity, depending on whether the mode of annuity payment is yearly, half-yearly, quarterly or not. The annuity rates are guaranteed at the inception of the policy and the annuity is payable when the deferred period is over.

LIC increased the annuity rate

Recently LIC has increased the annuity rates for the new Jeevan Shanti plan. LIC has increased the annuity rates from 5 January 2023. Revised version of this scheme with annuity rates has become available in the market for sale. It ranges from Rs 3 to Rs 9.75 or Rs 1000 depending on the purchase price and deferment period selected.

Understand at a glance what is special 

• There is no maximum limit for investment in this scheme.
• The minimum plan price of New Jeevan Shanti Scheme is Rs.1.5 lakh.
• You can invest at least 1.5 lakh in this plan. 
• You can take pension on yearly, 6 months, 3 months or monthly basis as per your need.
• If you invest Rs 1.5 lakh, you will get a pension of Rs 1000 every month for life.

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The name of this scheme of LIC is New Jeevan Shanti Yojana. By investing in it, you get the facility of lifelong pension after retirement. After retirement, often people’s source of income ends, but the expenses of normal life increase your burden. In such a situation, the Life Insurance Corporation of India ie LIC keeps coming up with different types of pension plans. LIC’s New Jeevan Shanti Scheme (LIC New Jeevan Shanti Scheme) is an annuity plan, that is, while taking it, your pension amount will be fixed. In this, you will get the facility of pension every month.

LIC has increased the annuity rates for the new Jeevan Shanti plan. LIC says that the revised version of this plan with increased annuity rates will be available for sale from January 5, 2023. The incentive for the higher purchase price has also been increased. It ranges from Rs 3 to Rs 9.75 or Rs 1000 depending on the purchase price and deferment period selected.

Press Release – LIC of India modified New Jeevan Shanti (Plan No. 858)#LIC pic.twitter.com/xBzwAaeyHR

— LIC India Forever (@LICIndiaForever) January 5, 2023

There are two options

You get two types of options in LIC’s New Jeevan Shanti Scheme. The first option is Deferred Annuity for Single Life. And the other is Deferred Annuity for Joint Life. In the first option, you can buy a pension scheme for one person.

On the death of one, the other will get pension 

In Deferred Annuity for Single Life when a policyholder dies. The nominee will get the money deposited in his account. If the policyholder survives, he starts getting pension after a certain period of time. In Deferred Annuity for Joint Life, if one person dies, then the other gets the facility of pension. At the same time, after the death of both the persons, the money that remains of the policy. It is given to the Nominee.

Understand the method of payment 

As per this scheme, the mode of payment is half-yearly, quarterly and monthly. Annuity will be payable in arrears i.e. after 1 year, 6 months, 3 months and 1 month from the date of vesting of annuity depending on whether the mode of annuity payment is yearly, half-yearly, quarterly or No. The annuity rates are guaranteed at the inception of the policy and the annuity is payable when the deferred period is over.

Understand the special things at a glance 

• The minimum plan price of New Jeevan Shanti Scheme is Rs 1.5 lakh.
• You can invest at least Rs 1.5 lakh in this scheme.
• There is no limit on the maximum investment in this scheme of LIC.
• You can get the pension on yearly, 6 months, 3 months or monthly basis as per your requirement.
• If you invest Rs 1.5 lakh, you get a lifetime pension of Rs 1000 every month.
• On an annual basis, a pension of Rs 12,000 will continue to be available throughout life.

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This scheme was started by the central government on 26 May 2020. Couples can invest till 31 March 2023 to take advantage of this scheme. If both husband and wife want, then after the age of 60, they can take advantage of it. Know about the complete plan.

What is Vaya Vandana Yojana?

Pradhan Mantri Vaya Vandana Yojana is a social security scheme. Under which the beneficiary will get monthly pension. It has been brought by the Government of India, while this scheme is being operated by Life Insurance Corporation of India (LIC).

If both husband and wife have crossed the age of 60 years, then they can invest a maximum of Rs 15 lakh. Earlier the investment limit was Rs 7.5 lakh, which was doubled later. Compared to other schemes, senior citizens get more interest in this scheme. People of 60 years or above can choose this pension plan.

This is how you will get monthly pension of Rs 18500

If both husband and wife want to take advantage of this scheme, then both will have to invest an amount of 15 lakh rupees in the Pradhan Mantri Vaya Vandana Yojana, that is, a total of 30 lakh rupees. 7.40 percent annual interest will also be available on this scheme.

Accordingly, the annual interest on the investment will be Rs 222000. If it is divided in 12 months, then an amount of Rs 18500 is formed, which you will get as monthly pension. There is also a plan in this scheme that only one person can invest in this scheme. If you invest Rs 15 lakh, then the annual interest will be Rs 111000 and his monthly pension will be Rs 9250.

Full amount back in 10 years

This plan is for 10 years. Monthly pension will continue to be received on your deposited money. If you remain in the scheme for 10 years then after 10 years your invested money will be returned to you. You can surrender this scheme at any time.LIC Pension Scheme: Pradhan Mantri Vaya Vandana Yojana is being run by the Modi government. Under which monthly pension is guaranteed. This scheme was started by the central government on 26 May 2020. Couples can invest till 31 March 2023 to take advantage of this scheme. If both husband and wife want, then after the age of 60, they can take advantage of it. Know about the complete plan.

What is Vaya Vandana Yojana?

Pradhan Mantri Vaya Vandana Yojana is a social security scheme. Under which the beneficiary will get monthly pension. It has been brought by the Government of India, while this scheme is being operated by Life Insurance Corporation of India (LIC).

If both husband and wife have crossed the age of 60 years, then they can invest a maximum of Rs 15 lakh. Earlier the investment limit was Rs 7.5 lakh, which was doubled later. Compared to other schemes, senior citizens get more interest in this scheme. People of 60 years or above can choose this pension plan.

This is how you will get monthly pension of Rs 18500

If both husband and wife want to take advantage of this scheme, then both will have to invest an amount of 15 lakh rupees in the Pradhan Mantri Vaya Vandana Yojana, that is, a total of 30 lakh rupees. 7.40 percent annual interest will also be available on this scheme.

Accordingly, the annual interest on the investment will be Rs 222000. If it is divided in 12 months, then an amount of Rs 18500 is formed, which you will get as monthly pension. There is also a plan in this scheme that only one person can invest in this scheme. If you invest Rs 15 lakh, then the annual interest will be Rs 111000 and his monthly pension will be Rs 9250.

Full amount back in 10 years

This plan is for 10 years. Monthly pension will continue to be received on your deposited money. If you remain in the scheme for 10 years then after 10 years your invested money will be returned to you. You can surrender this scheme at any time.

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Regarding this pension scheme, LIC says that people can prepare their retirement corpus with systematic and discipline through this scheme. There are two options available for premium payment in this scheme. You can buy this scheme with single premium payment option or with regular payment option. LIC is already running many types of pension schemes.

But in the Pension Plus scheme, the policyholder will get many options. If you subscribe to the new LIC scheme with the regular payment option, you will have to pay the premium for the entire tenure of the scheme. The special thing about this scheme is that you can convert it into regular income by buying an annuity plan or after the completion of the term.

Since it is a non-participating, unit-linked, individual pension plan, investors will have to pay a fixed premium based on the sum assured and get guaranteed returns. Under this scheme, policyholders can change the accumulation period or deferment period as per their requirement under the terms and conditions of the original policy, subject to certain conditions. This option will be available in the pension scheme.

Investors can invest in any one of the four types of investment funds available. There will be a premium allocation charge for every premium. If a policyholder wishes, he can switch funds four times in a policy year. He will not have to pay any kind of fee for this.

The buyer of the New Pension Plus scheme will get the option to select the policy term keeping in mind the amount of premium and minimum and maximum amount of premium, policy term and vesting age.

Guaranteed additions will have to be paid at one per cent on the annual premium. Guaranteed additions in the range of 15.5 per cent if you pay regular premiums and 5 per cent for a policy year on single premium payment.

The post LIC Pension plan: LIC’s new pension scheme launched, you will be able to invest in two ways.. more benefits first appeared on Rightsofemployees.com.

This scheme was started by the central government on 26 May 2020. Couples can invest till 31 March 2023 to take advantage of this scheme. If both husband and wife want, then after the age of 60, they can take advantage of it. Know about the complete plan.

What is Vaya Vandana Yojana?

Pradhan Mantri Vaya Vandana Yojana is a social security scheme. Under which the beneficiary will get monthly pension. It has been brought by the Government of India, while this scheme is being operated by Life Insurance Corporation of India (LIC).

If both husband and wife have crossed the age of 60 years, then they can invest a maximum of Rs 15 lakh. Earlier the investment limit was Rs 7.5 lakh, which was doubled later. Compared to other schemes, senior citizens get more interest in this scheme. People of 60 years or above can choose this pension plan.

This is how you will get monthly pension of Rs 18500

If both husband and wife want to take advantage of this scheme, then both will have to invest an amount of 15 lakh rupees in the Pradhan Mantri Vaya Vandana Yojana, that is, a total of 30 lakh rupees. 7.40 percent annual interest will also be available on this scheme.

Accordingly, the annual interest on the investment will be Rs 222000. If it is divided in 12 months, then an amount of Rs 18500 is formed, which you will get as monthly pension. There is also a plan in this scheme that only one person can invest in this scheme. If you invest Rs 15 lakh, then the annual interest will be Rs 111000 and his monthly pension will be Rs 9250.

Full amount back in 10 years

This plan is for 10 years. Monthly pension will continue to be received on your deposited money. If you remain in the scheme for 10 years then after 10 years your invested money will be returned to you. You can surrender this scheme at any time.LIC Pension Scheme: Pradhan Mantri Vaya Vandana Yojana is being run by the Modi government. Under which monthly pension is guaranteed. This scheme was started by the central government on 26 May 2020. Couples can invest till 31 March 2023 to take advantage of this scheme. If both husband and wife want, then after the age of 60, they can take advantage of it. Know about the complete plan.

What is Vaya Vandana Yojana?

Pradhan Mantri Vaya Vandana Yojana is a social security scheme. Under which the beneficiary will get monthly pension. It has been brought by the Government of India, while this scheme is being operated by Life Insurance Corporation of India (LIC).

If both husband and wife have crossed the age of 60 years, then they can invest a maximum of Rs 15 lakh. Earlier the investment limit was Rs 7.5 lakh, which was doubled later. Compared to other schemes, senior citizens get more interest in this scheme. People of 60 years or above can choose this pension plan.

This is how you will get monthly pension of Rs 18500

If both husband and wife want to take advantage of this scheme, then both will have to invest an amount of 15 lakh rupees in the Pradhan Mantri Vaya Vandana Yojana, that is, a total of 30 lakh rupees. 7.40 percent annual interest will also be available on this scheme.

Accordingly, the annual interest on the investment will be Rs 222000. If it is divided in 12 months, then an amount of Rs 18500 is formed, which you will get as monthly pension. There is also a plan in this scheme that only one person can invest in this scheme. If you invest Rs 15 lakh, then the annual interest will be Rs 111000 and his monthly pension will be Rs 9250.

Full amount back in 10 years

This plan is for 10 years. Monthly pension will continue to be received on your deposited money. If you remain in the scheme for 10 years then after 10 years your invested money will be returned to you. You can surrender this scheme at any time.

The post LIC Pension Plan: Government will give Rs 18,500 a month to married people! just have to do this work immediately first appeared on Rightsofemployees.com.

Pension is such a word, wherever it is talked about, people listen carefully, people also compare each other that the pension of a government employee is so much that even after retirement, they have no tension to run the house. does not live. On the other hand, there is no such facility for the employees of Pradwaya company and those who do business, although now the government has issued new pension plans in view of such problems. Similarly, LIC has also come up with such a plan, under which you will have to invest only once, after that you will be given pension for life by LIC.

Jeevan Akshay plan

Investing in Life Insurance Corporation of India (LIC) is considered safe as it is the largest and government insurance company in India. If you also want to buy a good LIC policy, then today we are telling you about Jeevan Akshay plan. You will have to invest only once in this policy, after that you will be able to get pension on every month, quarter, half yearly and yearly basis.

Will get a pension of 20 thousand rupees every month

If the age of the investor is 75 years, then he will have to deposit a lump sum premium of Rs 610800. On this his sum assured amount will be Rs 6 lakh. In this way, annual pension will be Rs 76 thousand 650, half yearly pension will be Rs 37 thousand 35, quarterly pension will be Rs 18 thousand 225. At the same time, you will get a monthly pension of 6 thousand 08 rupees. Under Jeevan Akshay plan, there is an annual pension of Rs 12000. Let us tell you that this pension will continue to be available to the investor till his death. If you want to take a pension of 20 thousand rupees every month, then you have to invest 40,72,000 rupees at a time.

Benefits of the policy

There are many other benefits of this plan. For example, you can take a loan only after three months of purchasing this policy. Let us tell you that the maximum limit for investment in this policy has not been fixed i.e. you have to invest at least Rs 1 lakh in this scheme.

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This scheme was started by the central government on 26 May 2020. Couples can invest till 31 March 2023 to take advantage of this scheme. If both husband and wife want, then after the age of 60, they can take advantage of it. Know about the complete plan.

What is Vaya Vandana Yojana?

Pradhan Mantri Vaya Vandana Yojana is a social security scheme. Under which the beneficiary will get monthly pension. It has been brought by the Government of India, while this scheme is being operated by Life Insurance Corporation of India (LIC).

If both husband and wife have crossed the age of 60 years, then they can invest a maximum of Rs 15 lakh. Earlier the investment limit was Rs 7.5 lakh, which was doubled later. Compared to other schemes, senior citizens get more interest in this scheme. People of 60 years or above can choose this pension plan.

This is how you will get monthly pension of Rs 18500

If both husband and wife want to take advantage of this scheme, then both will have to invest an amount of 15 lakh rupees in the Pradhan Mantri Vaya Vandana Yojana, that is, a total of 30 lakh rupees. 7.40 percent annual interest will also be available on this scheme.

Accordingly, the annual interest on the investment will be Rs 222000. If it is divided in 12 months, then an amount of Rs 18500 is formed, which you will get as monthly pension. There is also a plan in this scheme that only one person can invest in this scheme. If you invest Rs 15 lakh, then the annual interest will be Rs 111000 and his monthly pension will be Rs 9250.

Full amount back in 10 years

This plan is for 10 years. Monthly pension will continue to be received on your deposited money. If you remain in the scheme for 10 years then after 10 years your invested money will be returned to you. You can surrender this scheme at any time.LIC Pension Scheme: Pradhan Mantri Vaya Vandana Yojana is being run by the Modi government. Under which monthly pension is guaranteed. This scheme was started by the central government on 26 May 2020. Couples can invest till 31 March 2023 to take advantage of this scheme. If both husband and wife want, then after the age of 60, they can take advantage of it. Know about the complete plan.

What is Vaya Vandana Yojana?

Pradhan Mantri Vaya Vandana Yojana is a social security scheme. Under which the beneficiary will get monthly pension. It has been brought by the Government of India, while this scheme is being operated by Life Insurance Corporation of India (LIC).

If both husband and wife have crossed the age of 60 years, then they can invest a maximum of Rs 15 lakh. Earlier the investment limit was Rs 7.5 lakh, which was doubled later. Compared to other schemes, senior citizens get more interest in this scheme. People of 60 years or above can choose this pension plan.

This is how you will get monthly pension of Rs 18500

If both husband and wife want to take advantage of this scheme, then both will have to invest an amount of 15 lakh rupees in the Pradhan Mantri Vaya Vandana Yojana, that is, a total of 30 lakh rupees. 7.40 percent annual interest will also be available on this scheme.

Accordingly, the annual interest on the investment will be Rs 222000. If it is divided in 12 months, then an amount of Rs 18500 is formed, which you will get as monthly pension. There is also a plan in this scheme that only one person can invest in this scheme. If you invest Rs 15 lakh, then the annual interest will be Rs 111000 and his monthly pension will be Rs 9250.

Full amount back in 10 years

This plan is for 10 years. Monthly pension will continue to be received on your deposited money. If you remain in the scheme for 10 years then after 10 years your invested money will be returned to you. You can surrender this scheme at any time.

The post LIC Pension Plan: Government will give Rs 18,500 a month to married people! just have to do this work immediately first appeared on Rightsofemployees.com.

What is Vaya Vandana Yojana?

Pradhan Mantri Vaya Vandana Yojana is a social security scheme. Under which the beneficiary will get monthly pension. It has been brought by the Government of India, while this scheme is being operated by Life Insurance Corporation of India (LIC).

If both husband and wife have crossed the age of 60 years, then they can invest a maximum of Rs 15 lakh. Earlier the investment limit was Rs 7.5 lakh, which was doubled later. Compared to other schemes, senior citizens get more interest in this scheme. People of 60 years or above can choose this pension plan.

This is how you will get monthly pension of Rs 18500

If both husband and wife want to take advantage of this scheme, then both will have to invest an amount of 15 lakh rupees in the Pradhan Mantri Vaya Vandana Yojana, that is, a total of 30 lakh rupees. 7.40 percent annual interest will also be available on this scheme.

Accordingly, the annual interest on the investment will be Rs 222000. If it is divided in 12 months, then an amount of Rs 18500 is formed, which you will get as monthly pension. There is also a plan in this scheme that only one person can invest in this scheme. If you invest Rs 15 lakh, then the annual interest will be Rs 111000 and his monthly pension will be Rs 9250.

Full amount back in 10 years

This plan is for 10 years. Monthly pension will continue to be received on your deposited money. If you remain in the scheme for 10 years then after 10 years your invested money will be returned to you. You can surrender this scheme at any time.

The post LIC Pension Plan: Government will give Rs 18,500 a month to married people! just have to do this work first appeared on Rightsofemployees.com.

What is Vaya Vandana Yojana?

Pradhan Mantri Vaya Vandana Yojana is a social security scheme. Under which the beneficiary will get monthly pension. It has been brought by the Government of India, while this scheme is being operated by Life Insurance Corporation of India (LIC).

If both husband and wife have crossed the age of 60 years, then they can invest a maximum of Rs 15 lakh. Earlier the investment limit was Rs 7.5 lakh, which was doubled later. Compared to other schemes, senior citizens get more interest in this scheme. People of 60 years or above can choose this pension plan.

This is how you will get monthly pension of Rs 18500

If both husband and wife want to take advantage of this scheme, then both will have to invest an amount of 15 lakh rupees in the Pradhan Mantri Vaya Vandana Yojana, that is, a total of 30 lakh rupees. 7.40 percent annual interest will also be available on this scheme.

Accordingly, the annual interest on the investment will be Rs 222000. If it is divided in 12 months, then an amount of Rs 18500 is formed, which you will get as monthly pension. There is also a plan in this scheme that only one person can invest in this scheme. If you invest Rs 15 lakh, then the annual interest will be Rs 111000 and his monthly pension will be Rs 9250.

Full amount back in 10 years

This plan is for 10 years. Monthly pension will continue to be received on your deposited money. If you remain in the scheme for 10 years then after 10 years your invested money will be returned to you. You can surrender this scheme at any time.

The post LIC Pension Plan: Government will give Rs 18,500 a month to married people! just have to do this work first appeared on Rightsofemployees.com.

What is Vaya Vandana Yojana?

Pradhan Mantri Vaya Vandana Yojana is a social security scheme. Under which the beneficiary will get monthly pension. It has been brought by the Government of India, while this scheme is being operated by Life Insurance Corporation of India (LIC).

If both husband and wife have crossed the age of 60 years, then they can invest a maximum of Rs 15 lakh. Earlier the investment limit was Rs 7.5 lakh, which was doubled later. Compared to other schemes, senior citizens get more interest in this scheme. People of 60 years or above can choose this pension plan.

This is how you will get monthly pension of Rs 18500

If both husband and wife want to take advantage of this scheme, then both will have to invest an amount of 15 lakh rupees in the Pradhan Mantri Vaya Vandana Yojana, that is, a total of 30 lakh rupees. 7.40 percent annual interest will also be available on this scheme.

Accordingly, the annual interest on the investment will be Rs 222000. If it is divided in 12 months, then an amount of Rs 18500 is formed, which you will get as monthly pension. There is also a plan in this scheme that only one person can invest in this scheme. If you invest Rs 15 lakh, then the annual interest will be Rs 111000 and his monthly pension will be Rs 9250.

Full amount back in 10 years

This plan is for 10 years. Monthly pension will continue to be received on your deposited money. If you remain in the scheme for 10 years then after 10 years your invested money will be returned to you. You can surrender this scheme at any time.

The post LIC Pension Plan: Government will give Rs 18,500 a month to married people! just have to do this work first appeared on Rightsofemployees.com.