Lic Saral Pension Scheme To Get Rs 12000 Monthly Pension in June 2024

The LIC Saral Pension Scheme offers a guaranteed monthly pension after retirement. This scheme is designed to provide individuals with a fixed monthly amount, ensuring financial stability during their post-retirement years. It is an ideal option for those looking for a reliable retirement plan.

One key feature of the LIC Saral Pension Plan is that it requires a one-time investment, after which individuals will continue to receive pension payments for the rest of their lives. This makes it a popular choice for retirement planning, as it ensures a steady income stream during retirement.

The eligibility age for joining this scheme is between 40 and 80 years old. The plan offers flexibility in terms of the amount that can be invested, with options for monthly, quarterly, half-yearly, and annual contributions. Additionally, individuals have the freedom to invest as much as they want to maximize their pension benefits.

For example, if a 42-year-old individual purchases a 30 lakh annuity, they can expect to receive a monthly pension of Rs. 12,388, according to the LIC calculator. In case of a serious illness in the family, the policy can be surrendered after 6 months of purchase. Furthermore, individuals can take a loan after 6 months of initiating the policy.

To explore and purchase this plan online, please visit www.licindia.in.