Indian Life Insurance Corporation (LIC) is a 'Life Peace' One Time Investment Plan. You can get Lifetime Guarantee Income by investing it at one go. So this plan will work like a pension. Pensions can be taken as math, quartley, half-earli or even anvil. In this plan you get an annual minimum of 32150 rupees.
This is the benefit of the plan₹
In this plan of LIC, you have to invest all the money at once. For this, the minimum amount is 5 lakh and the maximum amount is 1 crore rupees. You can also invest 10 lakhs, 25 lakhs and 50 lakh rupees only once. You need to be 30 years old to get a pension. So if you invest money in this plan you can start taking pension from the age of 30 years.
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For view this plan in detail click here
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