Table Number 850
Single investment, guaranteed return, whole life, pension cum investment plan
Also called E-Flat of LIC
Who can purchase?
Anyone aged 30 and above, individually or jointly with kids or spouse, who are also 30 plus years of age.
Example: husband and wife, father and son, father and daughter, mother and son, mother and daughter, grandfather and grandchildren. All should be minimum 30yrs or above.
Why to buy Jeevan Shanti plan?
The rate of interest on fixed deposit are decreasing every year. Earlier the rate of interest for the fixed deposit used to be 9% with the time it is decreased to 8.5% then 8% then 7.5% then 7% and now it is somewhere around 6%. In future the rate of interest can be 3% or even 2%. So to guarantee the rate of interest for whole life one should buy LIC’s Jeevan Shanti policy.
When the pension or returns will start?
LIC Jeevan Shanti pension can be taken in two ways immediately or after deferment period from 1 year to 20 years. As the deferment period will increase from 1 to 20 years, the rate of interest on initial investment will be increased accordingly. For Example: For a person aged 40yrs, on an investment of Rs 10Lac, the immediate pension will be Rs 55800 p.a., Rs 27,350 Hly, Rs 13538 Qly and Rs 4483.pm and if we choose the deferment from year 1 to 20 the chart for yearly pension is given below.
In this way, one can guaranteed rate of interest on his investment upto @21.34% for whole life. This is the best option available in entire insurance industry.
Note: The rate of interest in this policy can be revised anytime. so don’t delay. Buy today.
How LIC Jeevan Shanti is E-Flat?
On an Investment of 30Lacs in flat and in LIC Jeevan Shanti, LIC Jeevan Shanti is clear winner
|Investment of Rs 30Lac||Flat||LIC Jeevan Shanti|
|Rent per month||8-10000||13538|
|Rent||May be vacant||Always on 1st of every month|
|Security||Tenant may not vacate flat||No such option|
|Peace of Mind||Nil||100%|