Invest Rs 80 per day and get Rs 28,000 pension, this policy of LIC
Life Insurance Corporation (LIC) is considered one of the most trusted companies for long term investment. LIC plays a major role in planning from life security to retirement.
Life Insurance Corporation (LIC) is considered one of the most trusted companies for long term investment. LIC plays a major role in planning from the safety of life to retirement. Let us tell you how you can get a pension of Rs 28,000 by investing Rs 80 per day through LIC's Jeevan Anand policy.
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| Invest Rs 80 per day and get Rs 28,000 pension, this policy of LIC |
You must be at least 28 years of age to invest in a LIC Jeevan Anand policy. The plan offers returns after a period of 25 years. This is considered to be one of the best policies of LIC in terms of bonus facility, liquidity, and investment.
The minimum sum assured under this policy is Rs. 1 lakh and there is no maximum limit. In addition, the risk of the investor is also covered. This is an endowment policy, which means you get the benefit of both investment and insurance.
How to get a pension of Rs 28,00
Now let me tell you how you can get a pension of Rs 28,000 per month by investing Rs 80 per day.
If a person starts investing at the age of 25 for a period of 35 years, he will have to pay a premium with 4.5 percent tax in the first year, though it is Rs 29,5555. That is 80 rupees per day.
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After the earlier premium, this will be reduced from Rs 80 to Rs 79 with a 2.5 percent tax. According to this calculation, you will get Rs. 50,15,00 after 35 years. At age 61, your pension will be 3,48,023 annually.
According to the report, according to this calculation, your pension will be Rs 27,664 per month. Millions of people invest in LIC. Because investment here is considered safe because this is run by the government.
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