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LIC has launched the Smart Pension Plan, a non-linked, non-participating scheme offering savings and immediate annuity benefits for individuals and groups. The plan allows for flexible annuity ...
At the age of 55, you will have to invest Rs 11 lakh in this scheme of LIC. After this, your money will be on hold for five years. After this, you will get a pension of Rs 1,01,880 every year ...
LIC new pension plus plan can be purchased offline through agents, other intermediaries as well as online from the LIC website Livemint Published 8 Sep 2022, 09:07 AM IST ...
Entry is open from age 18, with the maximum age limit ranging between 65 and 100 years, depending on the chosen annuity option. The minimum investment starts at Rs 1 lakh, with no upper limit. Pension ...
Hence, the tax liability consequent to investment in the LIC pension scheme for such a person will work out to Rs 5,950 (Rs 5,200 of Rs 750). It will give a return of 6.7 per cent on the amount ...
Life Insurance Corporation of India (LIC) has introduced a new non-participating, unit-linked pension plan called ‘New Pension Plus’. According to LIC, the scheme will ‘help build corpus by ...
LIC Jeevan Shanti is a pension plan offered by the Life Insurance Corporation of India. ... -Minimum vesting age under the plan is 31 years, maximum vesting age is 80 years.
LIC Pension Plan Alert! This scheme can give you Rs 10,000 per month, but hurry up Old age comes with a number of problems and a monetary benefit can go a long way to help us in the twilight years.
LIC's Smart Pension Plan is a non-participating, non-linked annuity plan that caters to both individual and group policyholders. It offers flexible annuity options for single-life and joint-life ...
Varishtha Pension Bima Yojana – VPBY: Operated by LIC, the scheme offers 9% rate of interest for 10 years. Employees Provident Fund – EPF : The popular scheme provides an assured interest of 8 ...
Hence, the tax liability consequent to investment in the LIC pension scheme for such a person will work out to Rs 5,950 (Rs 5,200 of Rs 750). It will give a return of 6.7 per cent on the amount ...