LIC Jeevan Akshay: Get ₹16,000 Monthly Pension with One-Time Investment

New Delhi :

Renowned for its reliability, LIC policies serve as a trusted investment option for a multitude of individuals. While private sector employees often lack the pension security post-retirement, planning for a secure financial future becomes essential.

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The LIC Jeevan Akshay Policy emerges as a potent retirement planning solution, offering substantial benefits for a worry-free retirement.

LIC Jeevan Akshay Policy Details

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LIC Jeevan Akshay Policy is an annuity plan designed to ensure steady post-retirement income. This policy operates on a single premium payment model, where a lump sum investment guarantees a regular pension payout.

With options to receive annuity payments on a monthly, quarterly, semi-annual, or annual basis, retirees can tailor the plan to suit their needs.

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Payments commence immediately upon the plan’s activation, offering timely financial assistance.

Pension Amount

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The pension amount received under this scheme is directly proportional to the invested sum. While the minimum investment starts at ₹1 lakh, the age requirement for entry is a minimum of 30 years.

As an example, an investment of ₹5 lakh yields an annual return of ₹28,625, translating to ₹2,315 per month, ₹6,988 per quarter, and ₹14,088 semi-annually.


₹16,000 Monthly Pension

For those aiming to secure a ₹16,000 monthly pension through the LIC Jeevan Akshay Plan post-retirement, an investment of ₹35 lakh is required.


With this investment, retirees can relish a monthly pension of ₹16,479, a quarterly payout of ₹49,744, a semi-annual payment of ₹1,00,275, and an annual pension of ₹2,03,700.

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