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Lic Saral Pension Plan: Invest Rs 10 lakh and know how much you ge as monthly pension

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In order to have a good life after retirement, it is necessary to write a plan from now on. You can get a good pension if you make the right investment at the right time.



However, many may ask why it is better to invest. However, it is safe to say that investing in public sector companies is a must. It is in this context that many in the country are leaning towards LIC. This organization has won the minds of the people. That is why LIC has introduced good plans for their customers. Also Read: Big blow to BSNL customers! Now less benefit in cheap plan, know all the details

As part of this, LIC has introduced the Outstanding Pension Plan. If you invest only Rs 10 lakh in this plan, you will get Rs. 22 finger will get in the form of pension. Usually, if you deposit Rs 10 lakh at the post office or at a bank, you can get a maximum of Rs 5,000 per month in the form of interest. Also Read: Bsnl Special Discounted Prepaid Plans For these BSNL users Starting At Rs 139 Offers Upto 365 Validity Data Unlimited Calling And More

But with the plan introduced by LIC, post offices and banks can get four times more returns on the amount paid in the form of interest. LIC has recently launched the Saral Pension Plan. You will get a lifetime pension by investing once in this pension plan of LIC. This pension plan brought by LIC is very useful for those who are living a lonely life. Also Read: NPS: If you save Rs 5400 every month, you will get Rs 2 crore on retirement, know this great plan

Stands as a financial egg for them. Under this plan a man can include his wife along with him. If one of the two dies the pension is paid for as long as the other person lives. In case of death of both, the money deposited in the pension plan will be handed over to the nominee. LIC’s Simple Pension Plan Number UIN: 512N342V01. This will also be considered under the Premium Pension Plan. Also Read: LIC policy rules: Life insurance policy nominee benefits, how to change your nominee

This pension plan is available in two forms. One can be taken by those who are single and the other can be taken by both the couples together. Under the LIC Simple Pension Scheme, a minimum pension of Rs.1000 / – per month is mandatory. However, there is no limit on the maximum pension that can be taken. In such a situation, any pension scheme can be opted for. Also Read: Post office saving schemes rules Change for ppf transaction and withdrawal limit

Under LIC’s Simple Pension Plan, pension can be started from 40 years. In terms of maximum age, it is set at 80 years. This means that any person between the ages of 40 and 80 can join the LIC’s pension plan and retire immediately. This is a single premium plan. This will enable you to receive the pension immediately after the day the premium is paid. Simple Pension Plan is available at LIC Online and Offline. Also Read: RBI’s new rule: If there is no cash in the ATM, then the bank will be fined, will be applicable from October 1

There is an added benefit to taking online. This pension is available on a monthly or quarterly or six-month or year basis. How do you get a pension, According to LIC Saral Pension Plan details, a 40-year-old person can earn up to Rs. If he makes a premium deposit of Rs 10 lakh, he will be paid a pension amounting to Rs 50,250 per annum.

This pension is given for the rest of your life. However, if you want to exit the pension plan .. 5 percent of the money deposited will be deducted and then the remaining amount will be refunded. This pension can be taken on a monthly to annual basis.

According to LIC data, an annual pension of Rs. 51,650 will get. This pension is available when the first option is selected. If the second option is chosen, the pension will be Rs. Becomes 51,150. This pension amount can also be taken from monthly to year.

Under the LIC Simple Pension Plan, a 40-year-old person can get a lump sum deposit of Rs 10 lakh and receive an annual pension of Rs 50,250. If you look at the same monthly option, you will get a pension of Rs 4200 per month. This pension is available for life. And if you invest Rs 4,200 per month in SIP for 20 years, you will not get the expected returns.


Under the mutual fund scheme, which started at the age of 40, you get Rs.4200 per month and after SIP 20 years (if you are 60 years old) you get around Rs.41 lakh. Here the return on a mutual fund scheme is 12 per cent. In such a situation, when you are 60 years old, your SIP will stop and you will have Rs 41 lakh. On the other hand, you can save up to Rs. If you invest Rs 10 lakh, you will get Rs 4200 per month.

 

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