Unified Pension Scheme: After the Central Government’s Unified Pension Scheme( UPS) came, private workers are also allowing about pension options. still, they’ve numerous similar options including NPS, from where they can get pension every month after withdrawal.
LIC also has a scheme in this, which gives pension every month after withdrawal on lump sum investment. The scheme is named as LIC Saral Pension Yojana. It’s anon-linked, single decoration plan. This scheme provides people with the installation of safe and comfortable withdrawal.
Who can mileage this scheme?
This is a pension scheme. Any person from 40 times to 80 times can mileage the benefit of this scheme. This scheme can be profited alone or with a mate( hubby or woman). The benefit of this scheme can be profited indeed after withdrawal.
How important decoration has to be paid?
There’s no yearly or periodic decoration in this. The pension quantum that starts with this scheme is the same for the whole life. The policy can be surrendered anytime after six months of inception.
How important pension is available?
There’s no maximum limit of pension in this scheme. The further quantum you invest, the further pension you’ll get. For pension, subvention has to be bought in this scheme. Suppose you’re 42 times old and you’re buying an subvention of Rs 30 lakh, also you’ll get a pension of Rs 12,388 every month.However, also you’ll have to invest further quantum consequently, If you want to get further pension.
Advantages of the scheme are
Under this scheme, you can also take a loan. After the starting of scheme one can apply for loan just after 6 months. The loan quantum wo n’t exceed 50 percent of the periodic subvention.
still, also the policy can be surrendered, If the policyholder falls ill and needs plutocrat for treatment. On surrendering the policy, the client gets back 95 percent of the base price.
still, the designee gets the base decoration back, If the policyholder dies. You can buy this plan online or offline. You can apply for this plan by visiting the sanctioned website of LIC.