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Plan No. 850
Benefits:
  • Pay Single Premium and get Guaranteed pension for Lifetime
  • Choose from
    1. Immediate pension or deferred pension options
    2. Joint life pension or increasing income every year
    3. Death benefit in lumpsum or in yeraly installments
  • Loan availability after completion of 1 year
  • Tax Benefit on premiums paid u/s 80C
Product Info:
  • Jeevan Shanti is a Single Premium Payment plan with guaranteed pension for lifetime
  • It has multiple options of taking pension from joint life pension for lifetime or increasing pension every year
  • The pension can be commenced immediately, or it can also be deferred
  • Guaranteed Bonus which will be added every month to the policy
  • The loan is available after the completion of 1 Year
  • The NPS subscribers can also opt for this pension plan
  • Death benefit can be availed in lumpsum or in installments
  • The policy holder will get the tax benefit u/s 80C
Eligibility Criteria
Min. Max.
Purchase Price Rs.1,50,000/- No Limit
Pension Rs.1,000 Monthly
Rs.3,000 Quarterly
Rs.6,000 Half-Yearly
Rs.12,000 Yearly		 No Limit
Age 30 Years (Last Birthday) Immediate Pension
85 Years except Option F
100 Year for Option F
Deferred Pension
79 Years
Deferment Period
Applicable only for
Deferred Pension		 1 Year 20 Years
Vesting Age
Applicable only for
Deferred Pension		 31 Years 80 Years
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