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LIC Smart Pension Plan: Invest Once, Secure ₹25,000 Lifetime Monthly Pension!
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News18•24-09-2026, 12:59
LIC Smart Pension Plan: Invest Once, Secure ₹25,000 Lifetime Monthly Pension!
- •LIC's Smart Pension Plan offers a lifetime monthly pension of ₹25,000 with a single lump-sum investment.
- •The plan is available for individuals aged 18 to 100, ensuring financial stability after retirement.
- •It is not linked to the stock market, providing security from market fluctuations, and offers a loan facility after three months.
- •A minimum investment of ₹1 lakh is required, with no maximum limit, allowing for higher pensions with larger investments.
- •Policyholders can choose monthly, quarterly, semi-annual, or annual pension payments, with an option to increase pension by 3%-6% annually.
Key Questions Answered
The LIC Smart Pension Plan requires a minimum investment of ₹1 lakh, with no upper limit on the maximum investment amount.
The LIC Smart Pension Plan is an immediate annuity plan that is completely non-linked and non-participating, meaning stock market fluctuations do not impact your pension payouts.
Any individual between the ages of 18 and 100 is eligible to invest in the LIC Smart Pension Plan, and policyholders can opt for either single or joint account coverage.
