LIC Jeevan Akshay Policy: LIC Jeevan Akshay Policy is a popular annuity insurance plan run by the Life Insurance Corporation of India (LIC), which provides pension on a lump sum investment. Under this Jeevan Akshay plan, the investor has to pay the premium only once, and after that he gets regular pension for life or for the chosen period of time.
LIC Jeevan Akshay Policy
LIC Jeevan Akshay Policy is specially designed for those people who want to get regular income after retirement. Any citizen living in India can take advantage of this plan. For your information, let us tell you that by making a lump sum investment in it, you can avail pension of ₹ 20,000 every month. Let us know on how much investment it will be available and how to invest.
These people can invest in LIC Jeevan Akshay Policy
As you may know, Jeevan Akshay Plan is an immediate annuity plan, in which the applicant has to invest once and after that he gets regular pension for life. For this Jeevan Akshay Policy, first of all the age of the applicant should be between 30 to 85 years. In the same policy, you can pay pension on monthly, quarterly, half-yearly or yearly basis. If you are an Indian citizen or a non-resident Indian (NRI), then it is available for both.
Start depositing with a minimum of Rs 1 lakh
If you are also thinking of investing in LIC Jeevan Akshay Policy, then it is a very easy process. Any applicant can invest at least 1 lakh in this plan of LIC. And there is no limit on the maximum investment limit, so you can invest more as per your need and avail more pension.
This way you will get a pension of Rs 20,000 per month
The simple math in Jeevan Akshay Plan is that the more amount you invest, the higher the return you will get every month. If you deposit a lump sum of ₹40,72,000 in this policy of Life Insurance Corporation of India, then you will start getting a pension of 20 thousand rupees per month. This policy (LIC Jeevan Akshay Policy) is especially beneficial for those individuals who are planning for regular income after their retirement.
You can invest online
To invest in this Jeevan Akshay Policy run by LIC, you can apply for it by visiting your nearest branch. Apart from this, if you cannot go to the LIC branch, then the facility of online payment is also provided on the official website.
