LIC Guaranteed Income Plan 2025: Earn ₹9,500 Monthly Income via Safe One-Time Deposit

Introduction

Retirees and conservative investors are turning to reliable options like the LIC guaranteed income plan 2025, focusing on single-premium annuity schemes that deliver steady monthly payouts. Popular choices such as LIC Jeevan Akshay VII and LIC New Jeevan Shanti allow a one-time investment to generate lifelong guaranteed monthly income, backed by LIC’s sovereign security. For example, a substantial lump-sum deposit can yield around ₹9,500 monthly (illustrative, depending on age, rates, and option), making it ideal for supplementing pensions or covering expenses without market worries. This LIC one-time investment plan combines safety, tax advantages, and flexibility—perfect for building a risk-free retirement corpus in 2025.

How the LIC Guaranteed Income Plan Works

LIC’s annuity plans like Jeevan Akshay VII (immediate) and New Jeevan Shanti (deferred) are non-linked, single-premium products offering guaranteed income from day one or after deferment.

• Payment Mode: One-time lump-sum premium.
• Annuity Options: Single life, joint life, with/without return of purchase price.
• Payout Frequency: Monthly, quarterly, half-yearly, or yearly.
• Rates: Fixed at purchase, typically 6-7.5% effective yield based on age and option.
• Eligibility: Age 30-85 (varies by plan); no medical exam required.
• Purchase Price: Minimum ₹1-1.5 lakh; no upper limit.

Annuity amount is calculated using current rates—higher age means higher payouts.

Example: Earning ₹9,500 Monthly with One-Time Investment

Illustrative scenario under LIC guaranteed income plan 2025 (e.g., Jeevan Akshay VII for a 60-year-old):

• One-Time Investment: Around ₹15-18 lakh (exact varies by current annuity rates and option).
• Monthly Payout: Approximately ₹9,500 lifelong.
• Total Annual Income: ₹1,14,000 guaranteed.
• Additional Benefits: Option for return of purchase price to nominee.

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Actual figures depend on age, gender, and chosen annuity type—use LIC’s online calculator for personalized quotes. This one-time investment for monthly income ensures inflation-beating stability without depleting principal (in some options).

Tip: Opt for higher purchase prices to avail incentives and better rates.

Key Benefits of LIC Guaranteed Income Plan

• Lifelong Security: Guaranteed payouts for life, regardless of longevity.
• Zero Market Risk: Fixed returns, sovereign-backed safety.
• Tax Advantages: Purchase price qualifies under 80C (if applicable); annuities taxed as income.
• Joint Life Protection: Continues for spouse at full/reduced rate.
• Liquidity Options: Loans available; surrender in select cases.
• Flexibility: Multiple annuity modes suit different needs.

Rules and Considerations

• Immediate vs Deferred: Jeevan Akshay starts instantly; Shanti allows deferment for higher rates.
• No Bonuses: Non-participating—pure guaranteed returns.
• Death Benefit: Varies—return of price or continued annuity.
• Rates Update: Locked at purchase; check latest on licindia.in.
• Irrevocable: Choose option carefully as changes aren’t allowed post-purchase.

Conclusion

The LIC guaranteed income plan 2025 through single-premium annuities like Jeevan Akshay VII offers a hassle-free path to ₹9,500 monthly (illustrative) from a one-time investment, delivering peace of mind for retirees. With government backing, fixed payouts, and family protection, it’s a standout choice for risk-free income in uncertain times. Consult a LIC agent or visit the official website for exact quotes tailored to your age and needs—secure your golden years with India’s most trusted insurer today.

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