LIC Saral Scheme: After you retire, this plan might provide you with a pension of Rs 12,000 per month. There is a straightforward explanation of how to receive a pension of Rs 12,000 upon retirement.
A plan has been introduced by the Life Insurance Corporation of India (LIC) for individuals from all socioeconomic backgrounds. In addition, LIC offers pension plans. If you’re searching for a pension plan in this scenario, LIC’s plan can be an excellent fit. You will continue to receive your monthly pension benefit under regular income, and there will be no risk involved. Let’s discuss this plan in detail.
This program, called the LIC Saral stipend Plan, ensures a monthly stipend upon retirement. Its unique feature is that you can simply make one investment and you will receive a pension for the rest of your life. One well-known retirement plan is the LIC Saral Pension Plan. After you retire, this plan might provide you with a pension of Rs 12,000 per month. How to receive a pension of Rs 12,000 after retirement can be explained in a straightforward manner.
A person would continue to receive pension benefits each month for the rest of his life if he invests his PF fund and gratuity money before retiring from a government or private sector job.
LIC Saral Scheme: LIC Saral Pension Yojana features
A person under the age of forty is not permitted to invest in this LIC scheme. An annuity of Rs 1000 must be purchased each month under this policy, and the maximum investment amount is any time up to age 80. Simultaneously, an annuity of at least Rs 3,000 must be drawn out every three months, Rs 6,000 every six months, and Rs 12,000 every year.
LIC Saral Scheme: How may I receive a Rs. 12,000 pension?
You can purchase an annuity worth at least Rs 12,000 per year under LIC’s Saral Pension Yojana. This scheme does not have a maximum investment limit; you are free to invest as much as you choose. Any citizen may receive an annual, half-yearly, quarterly, or monthly pension under this policy plan by making a single premium payment. A 42-year-old who purchases an annuity for Rs 30 lakh will receive a pension of Rs 12,388 per month, per the LIC calculator.
LIC Saral Scheme: Another option is to borrow money.
You must go to www.licindia.in to purchase this LIC plan. You can turn it in if necessary after six months have passed under this policy. You can also apply for a loan through this program. Your contribution, however, will determine the loan amount.
