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But after a certain period of time we all get weak and we can’t do any more work at that time. So in old age our biggest tension is how we will be able to earn. Pension system is the best way to relieve this old age stress. But not everyone is lucky enough to get a pension from the Indian government. In some cases, however, we have to arrange our own pensions. Today we are going to tell you about a pension plan through which you can save some money and see your old age very well without any worries. As we know that we have a certain age to work and we can stay fit till that age, so that we can work even after that, we have to think about that in advance.

This is why India’s largest insurance company LIC has come up with a new plan for its Indian customers. This is going to be a special pension plan through which you can get a lifetime pension of Rs. If you invest in this plan then you can get a pension of Rs 1 lakh per month. The way inflation has started to increase in India right now, we have to think about our future life in advance. Let’s know about this plan.

This new plan of Indian government organization LIC is named Jeevan Utsav Plan. Here you can get up to 10 percent income benefit. You can pay premium from 5 years to 16 years by investing in this plan. After that you will get a guaranteed pension of Rs 1 lakh per month. If you insure Rs 10 lakh at the age of 25, and pay the premium for up to 12 years, you will have to pay the premium only from the age of 25 to 36. In the first year you have to pay a premium of 92 thousand 535 taka. For the next years you have to pay the premium of 90 thousand 542 taka. And only then you can get Rs 1 lakh pension every month without any problem.