What is new Jeevan Nidhi plan?
New Jeevan Nidhi is a traditional participating deferred annuity plan of LIC Life Insurance company that facilitates savings for regular income after retirement. Life cover is also available under the plan.
What is the maturity amount of LIC New Jeevan Anand?
LIC New Jeevan Anand Plan (Plan No: 915) is a participating non-linked plan that provides an attractive combination of protection and savings….LIC New Jeevan Anand Premium Illustrations.
| Year of Maturity | 2044 |
|---|---|
| Age at Maturity | 50 years |
| Sum Assured | Rs. 5 lakhs |
| Bonus Additions | Rs. 8 lakhs (approx) |
What is the interest rate of LIC Jeevan Akshay?
Illustrations
| Policy Details | Sum Assured: Rs. 5 lakhs Policy Purchase Year: 2017 Age: 60 years Pension Mode: Yearly By using a premium calculator, you can calculate the benefit details. |
|---|---|
| Pension Details | Pension Type: Yearly The Rate of Interest: 9.38% Pension Amount: Rs. 48, 903 |
Which is better Jeevan Akshay or Jeevan Shanti?
For a person having taxable income, Jeevan Shanti is a better option as he/she can defer additional tax liability through the deferred annuity option. But the annuity rate is slightly higher in Jeevan Akshay. However, Jeevan Shanti has two more options over Jeevan Akshay for immediate annuity on joint life.
Which is the best pension plan?
Best Pension Plans in India 2021
| Pension Plans | Entry Age | Policy Term |
|---|---|---|
| ICICI Pur Easy Retirement Plan | 35 years-75 years | 10 years-30 years |
| India First Annuity Plan | 40 years- 80 years | N/A |
| Kotak Premier Pension Plan | 30 years- 55 years/ 60 years | 10,15,17-30 years |
| LIC New Jeevan Akshay Pension Scheme | 30 years – 85 years | N/A |
What is LIC Jeevan Akshay policy?
LIC Jeevan Akshay is an Immediate Annuity plan offered by Indian Life insurance and investment company Life Insurance Corporation of India (LIC). It is a single premium policy and has to be purchased by paying a lumpsum amount at once. The annuity can be paid monthly, quarterly, biannually or annually as chosen.
How can I check my LIC maturity amount?
Step 1:The insured needs to visit the official website of LIC. Step 2:On the home page, the user can select the option of “New User.” Step 3:In the next step, he can fill up his personal details such as name, date of birth, policy number, mobile number, email address, etc.
How much LIC will I get after maturity?
Maturity Benefit: If the policyholder survives till the period of maturity of the policy, he/she will receive 40% of the basic sum assured coupled with reversionary bonuses and the additional bonus amount.
Is LIC Jeevan Akshay closed?
Reportedly, the Life Insurance Corporation of India (LIC) will stop selling one of its most popular annuity products, Jeevan Akshay VI, from December 1, 2017, and is expected to introduce a new version of the plan with revised rates soon.
Which is best pension plan?
Is SBI pension plan good?
The SBI Life Saral Pension Plan is an individual participating non-linked traditional pension plan which comes with Guaranteed Bones and Simple Reversionary Bonus. If you are looking for a good retirement plan with a regular income, this plan is a good investment.
What is SBI new pension scheme?
The New Pension Scheme is a contribution-based scheme that provides market-linked returns to pensioners. Initially, it was aimed at the Central Government employees only. However, NPS was subsequently extended by the Pension Fund Regulatory and Development Authority (PFRDA) to all citizens.