LIC Jeevan Shanti Scheme Best For Pensioners Benefits: The peculiarity of the LIC Jeevan Shanti Scheme is that the pension received in it is a guarantee of the future. The peculiarity of this policy is that if a 45-year-old man invests Rs 10,00,000 in a policy, he will get an annual pension of Rs 74,300. You will have the option to start a pension after 5, 10, 15, or 20 years. LIC’s Jeevan Shanti Yojana is a non-linked plan. Also, this is a premium annual plan in which the insured will be able to choose the immediate annual option.
The plan can be purchased offline or online. LIC’s Jeevan Shanti Yojana is a popular annual scheme that will benefit the individual and his family.
LIC’s Jeevan Shanti Yojana is an amazing product in which you can buy a single deposit pension plan. You will also get a loan facility in this scheme. You can start pension immediately or anytime between 1 to 20 years. Plus you can keep up with any close relative in the Joint Life option.
You will be able to avail of the benefits of this scheme at least 30 years of age and at most 85 years of age in the Jeevan Shanti Plan loan, 1 year after the commencement of pension or 3 months after the commencement of the pension. You can buy this plan online as well as offline. This plan is similar to LIC’s old plan Jeevan Akshay.