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LIC Smart Pension Scheme: Invest Once, Get ₹25,000 Pension for Life!
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News18•28-09-2026, 12:14
LIC Smart Pension Scheme: Invest Once, Get ₹25,000 Pension for Life!
- •The LIC Smart Pension Scheme offers a regular and guaranteed income post-retirement.
- •Invest a lump sum once to receive a lifelong pension through this scheme.
- •To get a monthly pension of ₹25,000, a 60-year-old can invest ₹32 lakh.
- •It's a single premium plan, not linked to the stock market, and offers a loan facility.
- •Individuals aged 18 to 100 years can invest, with a minimum investment of ₹1 lakh.
Key Questions Answered
The LIC Smart Pension Scheme is an immediate annuity plan requiring a one-time lump sum premium payment rather than regular monthly or annual deposits, allowing investors to start receiving pension benefits right away according to chosen policy options and conditions.
According to the plan example, if a 60-year-old person invests a lump sum of 32 lakh rupees with an annual fixed pension of 3,01,056 rupees, it translates to approximately 25,088 rupees per month.
Individuals aged 18 to 100 years can invest in this policy, with a minimum required investment of 1 lakh rupees, while there is no specific upper limit for maximum investment.
