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LIC New Jeevan Shanti Plan
Immediate Annuity plan - PENSION starts as early as the next month.
This plan can be brought by paying a lumpsum as Single Premium. "Pay Once : Enjoy Forever".
You can choose various options of Pension type and mode of Pension payment from LIC.
| Eligibility Conditions & Restrictions | ||
|---|---|---|
| Minimum age | : | 30 years |
| Maximum age | : | 79 years |
| Premium mode | : | Single Premium |
| Annuity Mode | : | Yearly / Half yearly / Quarterly |
| Premium | : | Min. Rs. 1,50,000 Max. No limit |
| Loan | : | After completion of 3 Month |
| Surrender | : | Allowed after completion of 3 Month |
| Income Tax Benefits | : | Premiums paid is eligible for Tax rebate u/s 80c Pension is taxable |
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