If you are planning for retirement, we are going to tell you about a plan through which you can manage your pension. After taking this plan your retirement will be easy. LIC has found a solution for people.
LIC has a policy where you can deposit a huge fund and in return a pension of 20 thousand rupees per month is assured. The special feature of this policy is that while taking the policy the policy holder is informed that he will get pension for life. In this plan, you can start investing for yourself or your family immediately.
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lic life goal: LIC is the largest insurance company in the country. It offers various types of insurance plans to the customers. Among them LIC has a policy called Jeevan Akshay Plan. By depositing money in this lump sum, you get money throughout your life. The peculiarity of this policy is that the policyholder does not know how much pension he will get.
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If you want, you can opt for annual, half-yearly, quarterly or monthly pension on investment in this policy. This plan has many other benefits as well. The policy starts as soon as you invest. After three months you can also get loan facility. There is no maximum limit to invest in this.
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LIC Policy Details: This is a type of single premium non linked non participating and personal annuity policy. A minimum investment of 1 lakh rupees has to be made in this. If you deposit 1 lakh rupees, you will get an annual pension of 12 thousand rupees.
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People between 35 years to 85 years can avail LIC policy. Any member of the same family can also take joint annuity in this. Here are 10 different options to get pension.
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Many options will be provided in this policy of LIC. One option provides a pension of 20 thousand rupees per month. If you want pension every month then you have to choose every month option. As per calculation, to get a monthly pension of 20 thousand rupees, you have to invest 40 lakh 72 thousand rupees at one time. After which you will get a monthly pension of Rs 20967.
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