Single Premium
The modes of pension payment are monthly, quarterly, half-yearly and yearly. The pension payment shall be through NEFT OR Aadhar Enabled Payment System only.
Minimum entry age 60 Year Completed and Maximum no limit
Sum Assured minimum Rs • Rs.1,50,000/- to Max ni limit
LIC Pradhan Mantri Vaya Vandana Yojana policy details:
Benefits On Death :
On death, the full purchase price will be refunded to nominee.
Surrendered Value :
Surrender would be allowed in special circumstances like critical / terminal illness of self or spouse. The Surrender Value payable in such cases shall be 98% of Purchase Price.
Loan :
Loan (up to 75% of subscribed amount) can be availed after 3 years from the Date of Commencement.
Guaranteed Pension Rate :
• Yearly : 8.30
• Halfly : 8.13
• Quarterly : 8.05
• Monthly : 8.00
Minimum Sum Assured :
• Yearly : 1,44,578
• Halfly : 1,47,601
• Quarterly : 1,49,068
• Monthly : 1,50,000
Maximum Sum Assured :
• Yearly : 14,45,783
• Halfly : 14,76,015
• Quarterly : 14,90,683
• Monthly : 15,00,000
Min-Max Pension Limit :
• Minimum Pension:
Rs. 1,000/- per Month
Rs. 3,000/- per Quarter
Rs. 6,000/- per Half-year
Rs. 12,000/- per Year
• Maximum Pension:
Rs. 10,000/- per Month
Rs. 30,000/- per Quarter
Rs. 60,000/- per Half-year
Rs. 1,20,000/- per Year
Do you still have questions or concerns? Want to know more about LIC Pradhan Mantri Vaya Vandana Yojana pension plan? Please contact us so we can further discuss your needs and the solutions we give.
ADDRESS:
LIC Agent Kharghar
Dnyansarathi, Plot C-2, Sector 12, Kharghar, Navi Mumbai, Maharashtra 410210
GPS : 19.0425181, 73.0623533
PHONE:
9768187224
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