If you are in a government job, you get money on retirement. But if you do business or a private job, then you also have to think about your retirement plan. Because when you retire, how will you manage your expenses after that? For this you prepare a retirement fund. In such a situation, there is a scheme of LIC which can be useful for you. So let's know about it.
New Jeevan Shanti Plan
If you want to get a pension of Rs 1 lakh every year after retirement, then you can invest in LIC's New Jeevan Shanti Policy. This is an annuity plan, you can take it in two ways, in which Deferred Annuity for Single Life and Deferred Annuity for Joint Life. That is, if you want, you can invest single or if you want, combined.
You will get this much pension
LIC's New Jeevan Shanti policy is made for ages ranging from 30 to 79 years. If you are 55 years old and start investing in the scheme, you will have to deposit Rs 11 lakh at once. After this, your money will be on hold for 5 years and then after the age of 60, you will get Rs 1,01,880 every year. If you take pension in 6 months, you will get Rs 49,911. You can also take it every month.
-
Real Madrid have no plans to sell Arsenal target this summer
-
Huge debate over halal slaughter ban as 100,000 Brits sign petition
-
Uri To Sindoor: How Tonbo Imaging Helped Forces With Warfront Intel
-
Indore tourist killed by men, hired by wife, during honeymoon in Meghalaya, 4 held: Police
-
Bengaluru Stampede Tragedy: RCB Files Petition In Karnataka High Court To Quash FIRProceedings Against Them; Check Details
