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LIC Special Scheme: Invest once in this LIC Policy and Get Rs 74,300 every year

Swati Sharma
Swati Sharma
LIC Scheme

It's time to say goodbye to your financial problems as Life Insurance Corporation of India (LIC) is offering a scheme which will help you get maximum benefits without any risk.

We are talking about LIC’s Jeevan Shanti policy, which is a non-linked, non-participating, individual and single-premium deferred annuity scheme. This policy provides future security to the customers in form of pension.

Regarding the features of this policy, suppose that if a person of 45 years invests Rs. 10,00,000 in the policy, he will start getting a pension of Rs. 74300 per annum. You will have the option to start pension immediately or after 5, 10, 15, or 20 years. The pension amount will increase in 5,10,15, or 20 years option, but there are some conditions with it. LIC’s Jeevan Shanti Yojna is a non-linked plan. Also, it is a single premium annuity plan in which the insurance holder can choose an immediate annuity or a deferred annuity. 

Buy policies online and offline 

LIC plan can be purchased offline as well as online. Jeevan Shanti of LIC is a comprehensive annuity plan in which the person and his family will also benefit. 

 Feature of the policy:LIC’s ‘Jeevan Shanti’ is an amazing product. It is a single premium deposit pension plan. Some of its merits are; 

Loan facility 

Starts pension immediately or anytime between 1 to 20 years 

You can include any close relative in the joint-life option. 

If you start a pension after five years on an investment of 10 lakhs, according to the return of 9.18 percent, it gets an annual pension. 


LIC can take a minimum of 30 years and a maximum of 85 years of this plan. In Jeevan Shanti Plan can do the loan after one year of pension, and it can be surrender 3 months after the commencement of the pension. 

The annual rates will guarantee at the time of taking the policy for both immediate and deferred annuity options. Various annuity options and modes of annuity payment are available under the scheme. Once selected, cannot change the option. 

You can purchase this plan offline as well as online. This plan is similar to Jeevan Akshaya, the old scheme of LIC. 

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