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