Now there will be no tension of money after retirement, LIC has launched a new Smart Pension Scheme

India's leading insurance company LIC has launched its new Smart Pension scheme, designed to provide financial security after retirement. This scheme is designed to ensure regular income in the form of pension, so as to provide financial stability to retired persons and their families. This pension plan of LIC is an ideal option for those who want to protect their income after retirement.

What is LIC Smart Pension Yojana?

It is a retirement pension plan, in which the investor pays premiums for a fixed period and then receives regular pension benefits after retirement. This plan is perfect for those who want to make their old age financially secure and comfortable.

Advantages of Smart Pension Yojana

Fixed Monthly Pension – Pension is fixed according to age, which provides financial security.

Lifetime Income – Pension scheme provides pension for whole life.

Tax Benefits – Exemption is available on this scheme under the Income Tax Act.

Flexibility – Pension amount can be chosen as lump sum or monthly.

Risk-free investment – ​​capital is protected due to government-backed insurance schemes.

Who can take the benefit of this plan?

Some of the eligibility conditions for availing the benefit of LIC's Smart Pension Yojana are:

Minimum Age: 30 years

Maximum Age: 70 years

Investment Tenure: 10 to 40 years

Pension Commencement Age: Between 40 to 80 years

Minimum Premium: Varies depending on the plan

How to apply for LIC Smart Pension Yojana?

Applying for this smart pension scheme of LIC is very easy. For this follow the following steps:

• Visit the official website of LIC www.licindia.in.
• Go to Pension Plan section and select 'Smart Pension Scheme'.
• Fill your personal information like name, date of birth, income details etc.
• Select investment amount and pension option.
• Pay online and get policy documents.
• For offline application you can go to your nearest LIC branch and contact the agent.
• This plan is the best way to ensure financial security after retirement. If you are concerned about the financial stability of yourself and your family, then this plan can be an ideal option for you.

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