If you’re searching for a reliable and rewarding retirement plan that ensures both security and steady income, the LIC New Jeevan Shanti Yojana 2025 could be the perfect solution. Launched by the Life Insurance Corporation of India, this single premium pension plan offers guaranteed returns and the peace of mind that comes with lifelong income—making it an ideal option for retirement planning.

One-Time Investment, Lifetime Benefits

In today’s uncertain economic climate, many people are seeking investment opportunities that deliver both stability and good returns. LIC's New Jeevan Shanti Yojana is designed precisely for this purpose. With just a one-time lump sum payment, policyholders can enjoy a fixed annual pension for life, starting from the deferred period they choose.

For example, if you invest ₹11 lakh at the age of 55 and choose a deferment period of five years, you can receive an annual pension of ₹1,01,880. That translates to ₹8,149 monthly, ₹49,911 half-yearly, or the full amount yearly—offering flexibility based on your financial preferences.

Who Can Invest in This Plan?

The entry age for this plan ranges from 30 to 79 years, making it accessible to a wide age group. Though it does not include critical illness coverage, the plan’s benefits—such as guaranteed annuity and death benefits—make it a highly popular choice for long-term financial planning.

LIC offers two investment options under this policy:

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  Deferred Annuity for Single Life – where the pension is payable for the lifetime of the individual.

  
  


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  Deferred Annuity for Joint Life – where the pension continues for both spouses, offering financial protection to your partner even in your absence.

  
  

This makes it ideal for retirees or individuals planning for joint post-retirement income.

Flexible and Customizable Pension Plan

The LIC New Jeevan Shanti plan is not only about guaranteed income—it’s also about flexibility. Investors can start with a minimum investment of ₹1.5 lakh, and there is no upper limit, allowing individuals to customize their pension according to their financial goals.

Another attractive feature is the “anytime surrender” option. If your financial needs change or you wish to exit the plan, you can surrender the policy and retrieve the fund value—making it one of the most adaptable pension products in the market.

Enhanced Rates and Nominee Protection

In a move to make the scheme more rewarding, LIC has recently increased the annuity accrual rates, providing better returns than before. This update has made the plan even more lucrative for investors seeking higher payouts from secure instruments.

Moreover, in the unfortunate event of the policyholder’s demise, the entire accumulated amount is paid out to the nominee. This offers an added layer of financial protection for your family, ensuring that your investment supports your loved ones even when you're no longer around.

Why Choose LIC New Jeevan Shanti Yojana?

Here’s why this plan stands out:

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  ✅ Guaranteed lifetime pension

  
  


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  ✅ Flexible investment and withdrawal options

  
  


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  ✅ Suitable for individuals and couples

  
  


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  ✅ Minimum investment of ₹1.5 lakh

  
  


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  ✅ Financial security for dependents

  
  


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  ✅ No upper investment cap

  
  

Final Thoughts

The LIC New Jeevan Shanti Yojana 2025 is more than just a pension plan—it’s a long-term financial safety net. Whether you’re planning early retirement or looking for a stable income after 60, this policy offers the ideal blend of security, returns, and flexibility.

With rising inflation and uncertain market conditions, securing a fixed, lifelong pension with a single investment is a rare opportunity. Consider consulting your LIC advisor to explore how this plan can fit into your financial strategy and help you live a worry-free, comfortable retirement.