Want immediate pension, check out LIC’s Jeevan Shanti

Jeevan Shanti is a investment cum pension, Single Premium Plan by LIC of India. The plan is ideal for people who want to invest one time and get a regular pension for the entire life. The plan can also be taken for two lives combined. So that the pension is paid to either of the the two survivors till the death of the last survivor. The plan can be taken for third gender as well. Jeevan Shanti plan has been relaunched with new features on Oct 2020. Gurguram has the highest number of Jeevan Shant plan sells.

Jeevan Shanti can be opted for a immediate pension or pension at a differed time. That is the pension starts after a few years.

LIC Jeevan Shanti Pension Plan is an ideal investment option for people who do not want to wait for a long time to get a pension. For examples Jeevan Shanti can be taken by a person who has retired recently and has got his accumulated savings or someone who has received a good amount of money from somewhere and wans a regular income life long.

LIC JEEVAN SHANTI CHART

Jeevan shanti chart

JEEVAN SHANTI CALCULATOR

INR 1,50,000 invested today will get you a pension of INR 843 per month if opted for immediate pension, INR 1048 if opted for pension after 5 years, INR 1454 if opted for pension after 10 years, and INR 2536 if opted for pension after 20 years.

JEEVAN SHANTI SURRENDER VALUE

The policy can be surrendered anytime after 3 months of completion of policy. Surrender is allowed only under option F, and J.

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