In life, relationships and money are two sides of the coin. One can do everything with the power of money. There is also a great need for money to lead a healthy and happy life in this modern society. Many people earn money but still they are poor. Because they do not save their money and also do not know the meaning of saving. If you are also earning quite a good money but don’t know how to invest it for your future, then go through this article. In this article you are going to know how you can earn Rs. 12,000 per month after your retirement.
LIC New Pension Plan
Indian Life Insurance Corporation (LIC) has introduced new schemes for each category. LIC also has schemes like pension. If you want to implement any pension plan then LIC plan is said to be the best. There is no risk and you will get money every month. The name of this scheme is LIC Saral Pension Scheme.
What is LIC Saral Pension Scheme?
LIC Saral Pension Scheme is better known as Retiree Plan. In this, pension benefits will be available every month after retirement. Under this scheme after retirement, you will get Rs. 12,000 every month. You need to investing in it only once and you can get lifetime pension. After retirement, by investing the PF fund and gratuity money in it, you can avail the pension every month.
Requirements to Invest in This Scheme
A person below 40 years of age cannot invest in it.
You can pay anytime up to 80 years. To get a monthly pension of Rs.12,000 you have to buy NUT worth Rs.12,000. A person can invest as much as he wants in it. Through this a citizen can collect monthly, quarterly or 6 months pension.
How This Investment Scheme Works?
If a 42-year-old person buys an annuity of 30 lakh rupees, then he will get a monthly pension of Rs.12,388. If this policy has been for 6 months then you can surrender if required. You can also take a loan under this plan. To purchase this plan, you need to visit the LIC India website.
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