Loading page
A pension scheme for senior citizens aged 60 years and above, administered by LIC of India. It provides a guaranteed pension for 10 years against a one-time lump sum purchase price. The purchase price is returned to the nominee on death of the pensioner.
A pension scheme for senior citizens aged 60 years and above, administered by LIC of India. It provides a guaranteed pension for 10 years against a one-time lump sum purchase price. The purchase price is returned to the nominee on death of the pensioner.
Assured pension payout for 10 years at a guaranteed rate (currently 7.40% p.a.), with options for monthly, quarterly, half-yearly, or yearly payouts.
₹1,000 - ₹9,250 per month (depending on purchase price) (Monthly / Quarterly / Half-yearly / Yearly)
Purchase price is refunded to the nominee on death of the pensioner during the policy term.
Full purchase price (One-time)
Purchase price along with final pension instalment is payable on survival to the end of 10-year term.
Full purchase price + final pension (One-time)