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LIC Saral Pension Scheme:  What makes LIC Saral Pension Scheme special is that it requires investment only once and pension is arranged for life. 

Nowadays everyone saves some part of their income. They invest it in a place where the money is safe and they get good returns as well.

Many people choose this scheme as their retirement plan in which they get a fixed amount every month after retirement and they do not have to depend on anyone.

A person of every age can take a policy from the country's largest government insurance company, Life Insurance Corporation. LIP's Saral Pension Plan is quite popular. It guarantees pension every month once you invest.

Very popular as a retirement plan

What makes LIC's Saral Pension Scheme special is that it requires investment only once and pension is arranged for life. This is the reason why LIC Saral Pension Plan is quite popular as a retirement plan.

This scheme, which gives a fixed pension every month, fits perfectly in the investment planning after retirement. Let's assume that a person has recently retired.

If he can invest the money received from PF fund and gratuity at the time of retirement in this, then he will continue to get the benefit of pension every month for his entire life.

You will get a pension of 12 thousand rupees every month

In LIC Saral Pension Plan, you can buy an annuity of at least 12 thousand rupees per year. However, no maximum investment limit has been set in this plan, that is, you can invest as much money as you want. You can get pension accordingly.

In this scheme, any person can get pension on yearly, quarterly or half-yearly basis after paying the premium once.

He can buy annuity by making a lump sum investment. According to LIC, if someone takes an annuity of Rs 30 lakh at the age of 42, he will get Rs 12388 every month as pension.

Husband and wife can take a plan together

LIC Salary Pension Scheme can be purchased by any person from the age of 40 to 80 years. You can avail this scheme alone or jointly with husband and wife.

In this, the holder gets the facility to surrender anytime after six months from the date of starting of the policy. Along with this, death benefit is also available in it. If the holder dies, then all the money goes to the nominee.

Whole life pension and loan facility

Under this scheme of LIC, pension for whole life is guaranteed. Loan facility is also available. Under Saral Pension Scheme, the holders can also avail loan after six months.

The special thing about this Saral Pension Scheme is that whatever amount of pension you start getting, you will continue to get the same amount for your entire life.

If you take this plan online then you can visit the official website of LIC www.licindia.in.