LIC Smart Pension Plan : Friends, if you also want to invest your money in a safe place and want to get safe returns every month, then a best plan has been launched for all of you by the Life Insurance Corporation of India Company.
Whose name is LIC Smart Pension Plan. By investing once in this plan i.e. LIC’s scheme, you will get ₹ 12000 per month for life.
Know what is LIC Smart Pension Plan?
We are going to give you detailed information about LIC Smart Pension Plan. Let us tell you that this is an annuity based plan. This plan is also called Immediate Annuity Plan in other languages.
You just need to invest a single free penny in LIC Smart Pension Plan after which a fixed pension scheme will be provided to you every month throughout your life.
Note: – Under LIC Smart Pension Plan, after investing a free penny, it is decided how much pension will be given every month throughout the life.
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How much investment is required to get ₹ 12000 pension
If you want to receive a monthly pension of ₹12,000 for life through LIC Smart Pension Plan, then you have to invest around 22 lakh rupees in LIC Smart Pension Plan. Pension starts immediately after investing and you will be provided pension till death.
If you all want to provide the deposited amount to the nominee after death, then for this you must choose the “Return of Purchase Price” option given in the scheme, after which the entire amount will be returned to the nominee on death. This scheme is securing your future as well as the future of your family.
Age limit to participate in the scheme
An age limit has also been fixed for participating in LIC Smart Pension Plan. You can participate in all the schemes only by keeping in mind the prescribed age limit. To participate in LIC Smart Pension Plan, the minimum age of the candidate should be 30 years while the maximum age is kept up to 85 years.
Tax exemptions and protection
Friends, in LIC’s scheme, tax exemption is being given under section 80CCC of the Act. Also, pension is included in the taxable income and tax has to be paid on it. But along with the guarantee of pension, it definitely provides security cover on investment in the present time.
