LIC Saral Pension Plan: Start Your Pension at 40, Not 60!

LIC's Saral Pension Plan is an excellent option. Unlike other plans, you don't have to wait until you're 60 to receive a pension; you can start receiving it from the age of 40.
 

Saral Pension Plan is an immediate annuity plan, meaning the pension payments begin as soon as the policy is purchased. 

Under this plan, the premium is paid only once at the time of purchase. The pension begins immediately after the premium is paid. 

In the joint life annuity option of the Saral Pension Plan, both husband and wife are covered. 

After the demise of both the account holders, the nominee receives the remaining amount.
 

Under the LIC Saral Pension Plan, you can obtain a loan after 6 months of purchasing the policy.