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LIC Policy: You can get huge amount of money as pension by investing money only once in this scheme. Your invested money will be safe.

Everyone wants to build a large fund during their retirement. This will make his retired life good. However, many times due to lack of money even the employees are not able to do this work. Because it is difficult to save money in the current rising market.

Now again common people are interested in investing in mutual funds. They are investing some of their earnings in this project. But, today we are going to talk about such a scheme, one can get money regularly on monthly basis without depositing money on monthly basis. One can get huge amount of money as pension in this scheme by investing money only once.

This scheme is managed by LIC. Regular income is guaranteed under this scheme. Own money is also safe. This scheme is called LIC New Jeevan Shanti Yojana. The special feature of this scheme is that the money has to be invested only once. Pension guaranteed for life. 1 lakh pension can be availed in lifetime by investing only once. Know about this amazing scheme of LIC.

Lifetime Pension Available -LIC New Jeevan Shanti Yojana is available to people of all age groups. LIC New Jeevan Shanti Yojana has many policies and many of its terms are beneficial after retirement. LIC New Jeevan Shanti Yojana is a single premium plan. The scheme guarantees guaranteed pension after you retire. A pension of Rs 1 lakh per annum can be availed under this scheme. This pension can be enjoyed throughout life through LIC New Jeevan Shanti Yojana.

Who can take this policy? - In this pension policy of LIC, the company has fixed the age for this scheme from 30 years to 79 years. The scheme offers guaranteed pension and various other benefits. There are two options to purchase this plan. The first is a single life deferred annuity. Second is deferred annuity for joint life. One can opt for single life option if desired. One can opt for joint option if desired.

Ways to get Rs 1 Lakh Pension - LIC New Jeevan Shanti Yojana is an annual scheme. The pension limit can be fixed on it immediately after purchase. Even after retirement, the pension will be paid at fixed rate. It also earns good interest rate. If you are 55 years old and invest Rs 11 lakh while buying LIC New Jeevan Shanti Yojana, the investment will last for five years. After the age of 60, a pension of Rs 1,02,850 per annum will be available. One can get this pension once in 6 months or every month if they want.

How much money will be available in 6 months or every month - With an investment of Rs 11 lakh, the annual pension will be more than Rs 1 lakh. If someone wants to withdraw that amount every six months, it will be Rs 50,365. If the pension is calculated every month, the pension at this rate will continue to be Rs.8217 per month.

These benefits are available with Pension -In this policy of LIC, it should be noted that other benefits are available with Assured Pension. It also has death protection. If the policyholder dies during the policy term, the entire amount in his account is paid to the nominee. 12,10,000 will be given to the nominee for an investment of 11 lakhs. Note that this plan can be stopped at any time. At least 1.5 lakh can be invested in this.