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LIC Varishtha Pension Bima Yojana Premium Calculator | Maturity Return Benefits

LIC Varishtha Pension Bima Yojana Plan is Launched for Senior Citizens in which any Senior Citizens deposit Single Premium and after that take benfit of pension. Maximum pension allow in this plan will be 5000/ per month and Minimum 500/per month. Some age Limitation in this Yojana, pension holder can take this plan at age of 60 only.

How to use New Jeevan Nidhi Premium Calculator ?

In Varishtha pension bima yojana premium calculator you have to select Purchase Price then Enter Purchase Price then Calculator display pension or You Can Select Pension Amount then Enter Pension Amount after that Calculator Will Display Premium.

LIC New Jeevan Nidhi Premium Calculator Benefit

Maturity Benefit : : 1. Policy Holder can Purchase Immediate annuity. 2.Policy Holder can choose Deferred Annuity Plan in Single Premium Mode. 3 Policy Holder can withdraw 1/3 amount and purchase Annuity of Rest amount.

Death Benefit: in First Five year,Sum Assured Plus Bonus but after 5 Years Sum Assurd SRB+GA.

Term & Condition for New Jeevan Nidhi Premium Calculator

Minimum Age - 20 years

Maximum Age - 60 years

Minimum Term - 5 years

Maximum Term - 35 years

Minimum Sam Assured - 1 Lakhs

Maximum Sam Assured - No Limit