Suspense crime, Digital Desk : Retirement planning is crucial, but many people find it daunting because of modest savings. For financial self-sufficiency in the later years, Life Insurance Corporation of India (LIC) offers a reliable solution—Jeevan Shanti Scheme, a one-time investment plan that offers lifetime pension.
Pension Assurance with Single Premium
With the Jeevan Shanti policy, you can now invest just once and receive annual income on a yearly basis. A pension amounting to ₹1 lakh can be earned every year, which will continue for life. This scheme is perfect for individuals who wish to have steady income after retirement.
Eligibility: Age between 30 and 79 years
Type: Non-linked, non-participating, single-premium annuity
Benefits: Secured pension, grant of loan, and surrender value
Steps to Submit Application for LIC Jeevan Shanti Scheme Online
Go to: licindia.in/jeevan-shanti
Proceed: Click on “Buy Online”
Enter Details: Provide the required details and select your preferred annuity plan
Premium Estimation: Make use of the given online calculator
Confirmation and Payment: Verify through mobile OTP and complete the payment
Policy Availment: Policy documents are dispatched via email to your registered email address
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