Today, in the area of Investment, we will discuss the LIC Jeevan Shanti Plan. It is the plan from the Life Insurance Corporation of India also known as LIC with some modifications implemented. LIC has designed the plan specifically for retirees or is in the process of retiring. The plan has been designed to ensure that you will not have any issues following retirement. The amount of money you can invest in this scheme is already set. You will earn more by placing your money into this plan.
The New Jeevan Shanti Scheme
This is a plan where you can set up an enormous amount of money to fund your retirement. This plan is specifically designed specifically for those who intend to be able to retire with a pension. You will receive the money in this investment upon it has reached its maturity.
How can I invest?
In the New Jeevan Shanti Plan (LIC New Jeevan Shanti Plan) you must invest as much as 1.5 lakhs. It can be used for 3 months, 6 months, or even within the year. If you put in 1.5 lakh, you will receive an annual amount of Rs 12000.
Who is able to purchase this policy?
You have to be between 30 and the age of 79 to buy this policy. You are entitled to pension benefits only for the period of 31 to 80 years old. If the policyholder dies in the event of his death, all the money goes to his nominee. However, you may also get loans from this policy.
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