Table of Contents
How much pension will I get from LIC Jeevan Nidhi?
Key Features of LIC’s New Jeevan Nidhi Plan
| Plan type | Pension plan |
|---|---|
| Sum Assured | Minimum: Rs.1 lakh (regular premium) Maximum: No limit |
| Grace Period | 30 days (Yearly, Half-yearly and Quarterly modes) 15 days (Monthly mode) |
| Service Tax | 3.09\% |
| Freelook Period | 15 days. A policy cannot be cancelled after 15 days till for three years |
Is LIC Jeevan Akshay a good policy?
Is LIC Jeevan Akshay VI Plan a good policy? Well, the LIC Jeevan Akshay VI Plan is surely a good policy for it comes from one of the most reputed insurance companies of India, LIC. Apart from its credibility, it offers several benefits such as uniform pension plans, lump sum payments, tax deductions, etc.
What is LIC Jeevan Nidhi pension plan?
LIC’s JEEVAN NIDHI is a with profits Deferred Annuity (Pension) plan. On survival of the policyholder beyond term of the policy the accumulated amount (i.e. Sum Assured + Guaranteed Additions + Bonuses) is used to generate a pension (annuity) for the policyholder.
What is the benefit of LIC Jeevan Shanti?
Benefits. Make one time investment and get Guaranteed life long income. 9 different annuity options to choose from to suit every need and circumstance. Option to choose either Immediate Annuity or postpone it to a future date as Deferred Annuity.
What is the current interest rate for LIC Jeevan Shanti?
Under different pension plans at intervals of 5 to 20 years, Jeevan Shanti Plan has the option of pension on your deposit at the rate of 8.79 to 21.6 per cent per annum.
Which pension plan is good in India?
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 |
Which is the best PPF plan?
Banks offer PPF accounts at the rate fixed by Indian Government….PPF Interest Rate.
| PPF Account | Details |
|---|---|
| Current PPF interest rate | 7.10\% w.e.f. 1st Jul 2021 |
| Lock in period | 15 years |
| Minimum Account | ₹ 500 |
| Tax on PPF interest | Nil, tax exempted |