LIC Smart Pension Plan: Invest Once, Get Over ₹10,000 Monthly Pension for Life

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News18•06-02-2026, 22:42
LIC Smart Pension Plan: Invest Once, Get Over ₹10,000 Monthly Pension for Life
- •LIC Smart Pension Plan offers a guaranteed monthly pension for life with a one-time lump sum investment.
- •It is a non-linked, non-participating immediate annuity scheme, ensuring no market fluctuation risks.
- •Minimum investment starts from ₹1 lakh, with options for single life or joint life annuity.
- •Investors can choose monthly, quarterly, half-yearly, or annual pension payments.
- •The plan offers options for a 3% or 6% annual pension increase and return of investment to nominee upon death.
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