New Delhi: With this wonderful policy of LIC, you will get a pension of Rs 27 thousand 99 every month, know how the country’s largest insurance company LIC (LIC) has a policy for every class and every age. People rely more on LIC plans as a safe investment. On the other hand, if we talk about pension schemes, then LIC is at the forefront in this category as well. Let us know about it in detail.
One such policy is LIC Jeevan Akshay which has become quite popular as a retirement plan. The special thing in this is that you can get the desired pension every month by making a lump sum investment. This can prove to be a great option in terms of retirement planning.
LIC’s Jeevan Akshay Plan (LIC Jeevan Akshay Policy) is an annuity plan and single premium policy. That is, while taking this policy, you have to invest only once and you start getting regular income. That is, in a one-time investment, the income is fixed for a lifetime. Is.
Through the investment made by you, you can get pension on monthly basis, quarterly basis or yearly basis. The special thing is that whatever option you choose, you get different benefits. Do note that once this policy starts, you cannot change the payment option later.
By investing in LIC Jeevan Akshay policy one can get pension for life. The quantum of pension depends on the investment made by you, the higher the lump sum investment you make, the higher the pension. The pension amount is also calculated on the basis of your investment. This policy is a single premium non-linked non-participating and personal annuity plan and the age limit for investing in it has been fixed from 30 years to 85 years.
You can buy this policy of LIC in single or joint form. You also get the facility of loan after three months from the date of issue of the policy. A minimum investment of up to one lakh rupees can be started in LIC Jeevan Akshay Policy. However, there is no maximum investment limit. That is, the more the investment, the more you can be entitled to get the monthly pension.
For example, if you calculate the pension received under the policy, suppose you invest one lakh at the age of 30 years, then on an annual basis you will get Rs 5600 annually and an investment of Rs 2 lakh. But pension can be received up to about 12 thousand rupees.
Now if a 45 year old person wants a monthly pension of Rs 20,000 every month. Then for this he will have to make a lump sum investment of Rs 40 lakh 72 thousand under LIC Jeevan Akshay Policy and according to this your annual pension will be Rs 2,61,830 and monthly pension will be Rs 21,140.
On the other hand, if you take LIC Jeevan Akshay plan after retirement (60 years of age) and deposit a lump sum of Rs 35 lakh in the scheme, then you will get a pension of Rs 2,79,300 annually and Rs 22,400 every month. on this investment.