New Jeevan Shanti plan:

The New Jeevan Shanti Scheme of LIC is a non-linked, nonparticipating, individual-type premium scheme.

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In this, the customers have to deposit a lump sum amount to buy the policy. After this, you start getting a pension for a fixed period.

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There are two investment options available in this scheme. 1- Deferred annuity for single life; Deferred annuity for joint life.

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If the policyholder of Deferred Annuity for Single Life dies during the investment, then the money deposited in his account is received by the nominee.

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In LIC's New Jeevan Shanti scheme, it is mandatory for the customers to invest at least 1.5 lakh rupees.

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No limit has been fixed for the maximum investment for the policyholders in the new Jeevan Shanti plan.

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In this, the pension has to be received on annual, 6 months, 3 months, or monthly basis according to your need.

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If you invest Rs 1.5 lakh, you will get a monthly pension of Rs 1,000. The annual interest of 12 thousand keeps on getting.

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