Everyone saves some amount from their income and plans to invest it in such a place that they do not have to face financial problems after retirement and they get regular income. To get rid of this problem, many plans are being offered by the country’s largest insurance company LIC, which guarantees pension for life. One popular scheme among these is LIC New Jeevan Shanti Policy, the special thing about which is that money has to be invested only once and pension is guaranteed for life.

Lifetime pension guaranteed plan

Life Insurance Corporation of India (LIC) has not just one but many great plans for people of all ages. LIC’s retirement plans are quite popular, which have been specially introduced to maintain financial health after retirement. Talking about LIC New Jeevan Shanti Plan, let us tell you that this is a single premium plan and guarantees you regular pension after retirement through a one-time investment. You can get a pension of Rs 1,00,000 every year, that too for life.

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The age limit is 30 to 79 years.

For this pension policy of LIC, the company has fixed the age limit from 30 years to 79 years. In this scheme, along with guaranteed pension, many other benefits are also available. There are two options available to buy this plan, the first of which is Deferred Annuity for Single Life and the second is Deferred Annuity for Joint Life. That is, if you want, you can invest in a single plan, or if you want, you can choose the combined option.

This is how you can get a pension of Rs 1 lakh every year

. Now let us tell you how you can ensure an annual pension of Rs 1,00,000 after investing once in LIC’s New Jeevan Shanti Scheme. So, as told, this is an annuity plan and you can fix your pension limit in it as soon as you buy it. You will keep getting the fixed pension for life after retirement. You also get a great interest on investment in this.

Talking about pension, if a 55-year-old person invests Rs 11 lakh while buying LIC New Jeevan Shanti plan, then it will be held for five years and after 60 years you will start getting a pension of Rs 1,02,850 every year. If you want, you can take it every six months or even every month.

On the basis of calculation, on a single investment of Rs 11 lakh, you get an annual pension of more than Rs 1 lakh, while if you want to take it every six months, then it will be Rs 50,365. If we calculate the monthly pension, then on this much investment, a pension of Rs 8,217 will be assured every month.

Along with pension, these benefits

are also worth noting that along with guaranteed pension, other benefits available in LIC’s New Jeevan Shanti Plan also include death cover. If the policyholder dies during this period, the entire deposit amount in his account is given to the nominee. The amount received by the nominee on an investment of 11 lakhs will be Rs 12,10,000. The special thing is that you can surrender this plan anytime and can make a minimum investment of Rs 1.5 lakh in it, while there is no maximum limit for this.

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LIC Chairman Siddharth Mohanty has said in an interview that we are estimating double digit growth as compared to last year. Recent trends are showing a boom in personal retail business, so we will achieve this target.

Will introduce new service in the first week of December

Let us tell you that LIC is going to introduce a new service in the first week of December. Hopefully it will get a good response in the market. Sharing some of the features of the new service, Mohanty said that it will provide assured returns and after its completion, the policyholder will get 10 percent of the sum assured for the lifetime.

Impact of new service will be visible in the market

He expressed confidence that the new service will create a stir in the market as everyone wants to know how much he is paying and how much return he will get after 20-25 years. He said that apart from this, loan facility and premature withdrawal are also included in the features of this new service.

Income increased by 2.65 percent in the first half

In the first half of the current financial year 2023-24, LIC’s new policy premium income segment increased by 2.65 percent to Rs 25,184 crore, compared to Rs 24,535 crore in the same period a year ago. New policy premium is the insurance premium payable or lump sum payment made by the policyholder in the first policy year of the life insurance contract.

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What is LIC Jeevan Shanti Policy?

LIC Jeevan Shanti Policy is the best option to get a fixed amount as pension after retirement. Lifetime monthly pension is available after investing in this policy. With this, any person can easily meet his expenses after retirement.

LIC Jeevan Shanti One Single Premium Plan

LIC Jeevan Shanti is a single premium plan. Means you have to invest only once in this and in return you will get monthly pension. You can choose two types of options in LIC Jeevan Shanti policy. First Immediate Annuity and second Deferred Annuity.

Know how and how much pension will be received?

In LIC Jeevan Shanti policy, if a 45-year-old person invests Rs 10 lakh in a lump sum and wants pension after 5 years, then he will start getting a pension of Rs 95,300 annually with 9.53% interest. On a monthly basis, it works out to Rs 7,941. On the other hand, if you start taking pension after 10 years, you will get Rs 133,800 annually with an interest rate of 13.38%. In this context, your monthly pension will be around Rs 11,150.

Who can take LIC Jeevan Shanti Policy

Please tell that a person from the age of 30 years to 79 years can take this policy. This is a non-linked plan. Loan facility is also available in this single premium deposit pension plan. Loan can be taken in this scheme after 1 year of commencement of pension. It can also be surrendered after 3 months from the commencement of pension.

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LIC Policy Status : Many schemes are being run by LIC, but today we will tell you about a policy through which you can earn Rs 36000 per month. LIC is also giving investors an opportunity to earn every month. Apart from this, the security of life and the guarantee of Rs.

Resuming plan

The name of this policy is LIC Jeevan Akshay Policy and this scheme is being started once again by the company. Under this policy, you can earn for life by paying installment only once. Jeevan Akshay Policy is a single premium non linked non participating and personal annuity plan.

There is no limit of maximum investment, let us tell you if you want to invest a little money, then you also have the option of pension of Rs 12000 annually. On the other hand, if you have more money to invest in, then you can choose other options. You can earn every month even by investing only 1 lakh rupees. On investing 1 lakh, you will get 12000 rupees every year. At present, there is no maximum investment limit in this scheme.

Who can take advantage of this policy

>> People from 35 years to 85 years can take this policy.
>> Apart from this, disabled people can also take advantage of this policy.
>> In this policy, you can take advantage of the option of getting pension in 10 ways.

How to get Rs 36000 per month To get Rs 36000 per month in this policy, you have to select the option of Annuity payable for life at a uniform rate. In this, you will get a lump sum pension every month. For example- If any 45 years old person takes this plan and opts for Sum Assured option of Rs 70,00,000 then he will have to pay a lump sum premium of Rs 71,26,000. After making this investment, he will get a pension of Rs 36429 every month. Let us tell you that after the death of the person, this pension will stop.

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LIC has launched a new and luxurious policy Jeevan Shanti Policy. Once you invest in this policy, you will get a pension with a lifetime guarantee. With this, you can easily meet the expenses after your retirement (LIC Life Insurance).

Know what is the scheme? (LIC Jeevan Shanti Scheme)

Jeevan Shanti Policy is similar to LIC’s old plan Jeevan Akshay plan. You have two options in Jeevan Shanti policy. The first is Immediate Annuity and the second is Deferred Annuity. This is a single premium plan. The facility of pension is available immediately after taking the policy under the first i.e. Immediate Annuity. On the other hand, in the option of deferred annuity, pension facility is available after 5, 10, 15 or 20 years of taking the policy. The biggest thing is that if you want, you can start your pension immediately.

How Much Pension Will Be Received

The amount of pension under this scheme is not fixed. You will get your pension according to your investment, age and deferment period. The longer the period between investment and the commencement of pension or the higher the age, the more you will get the pension. LIC gives pension according to the percentage being made on your investment.

People Of This Age Can Take Benefits 

This plan of LIC can be taken by individuals of minimum 30 years and maximum up to 85 years. Apart from this, loan in Jeevan Shanti plan can be done after 1 year of commencement of pension and it can be surrendered after 3 months of commencement of pension.

The annual rates will be guaranteed while taking the policy for both the options. Various annuity options and modes of annuity payment are available under the plan. But before taking this policy keep in mind that the option once selected cannot be changed. This plan can be purchased offline as well as online.

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