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LIC Pension Plan: Pension plans are better for regular income after retirement, because a fixed income is available every month. In such a situation, like other schemes, LIC’s Jeevan Saral Plan can be a better option. It can give you a fixed amount every month. However, under this scheme, you can also take pension on annual, half-yearly and quarterly basis. Accordingly, an option is given to deposit the premium as per your convenience.
Under LIC Jeevan Saral Yojana, any person aged 40 to 80 years can invest in the scheme. Under Jeevan Saral Plan (LIC Jeevan Saral Plan), lump sum premium amount can be deposited and every month more than Rs 50 thousand can be taken as pension. This plan of LIC has been prepared as per the guidelines of the Insurance Regulatory and Development Authority of India.
How to buy LIC Jeevan Saral policy
Jeevan Saral policy can be purchased online from the official website of LIC at licindia.in. However, it can also be purchased offline through the office. Under this scheme, pension can be taken on monthly, quarterly, half-yearly and yearly basis and the amount of premium is given once.
How much pension will be given
If an investor invests Rs 10 lakh in this policy scheme of LIC, then he is given a pension of Rs 52 thousand annually. However, monthly pension of 12 thousand rupees can be taken in this scheme.
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Documents to buy the policy
It is worth noting that medical tests can be done for the buyer of this policy. Along with this, they will have to provide medical information and other documents. The documents will be checked and if these documents are found correct then the benefit of this policy will be given to you.
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