LIC's Jeevan Shanti
Pay Single Premium and get Guaranteed pension for Lifetime
Choose from: 1. Immediate pension or deferred pension options Or 2. Joint life pension or increasing income every year Or 3. Death benefit in lumpsum or in yearly installments
Loan availability after completion of 1 year
Tax Benefit on premiums paid u/s 80C
Guaranteed Bonus which will be added every month to the policy
The NPS subscribers can also opt for this pension plan
| Eligibility Criteria | |||
|---|---|---|---|
| Min. | Max. | ||
| Purchase Price | Rs.1,50,000/- | No Limit | |
| Pension | Rs.1,000 Monthly Rs.3,000 Quarterly Rs.6,000 Half-Yearly Rs.12,000 Yearly |
No Limit | |
| Age | 30 Years (Last Birthday) | Immediate Pension 85 Years except Option F 100 Year for Option F Deferred Pension 79 Years |
|
| Deferment Period Applicable only for Deferred Pension |
1 Year | 20 Years | |
| Vesting Age Applicable only for Deferred Pension |
31 Years | 80 Years | |
850
Plan No.
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