There are many such schemes in India in which you can make a good budget by investing, one such scheme is LIC’s scheme in which you can invest and get a good pension after retirement. To provide financial security to senior citizens, Life Insurance Corporation of India (LIC) has started a limited period fixed deposit scheme. Under this scheme, if you invest up to 1 lakh by depositing a small amount every month, then you get a good funding return. This scheme is very beneficial for getting a good return and pension every month.
Fixed Deposit Scheme for Senior Citizens
LIC’s Fixed Deposit scheme is considered to be very beneficial for senior citizens. It has been launched recently. Under this scheme, all citizens, especially senior citizens, can save and invest and get good returns. It offers attractive interest and monthly returns are also given. This scheme is considered to be very beneficial for retired people because this scheme is very beneficial to deal with future financial risks.
Such a scheme guarantees monthly payment. Apart from this, you will be able to easily get a pension without any interruption. We have also provided the eligibility information for this scheme below, which you must read carefully and by investing in this scheme, you can get good returns in future.
How much return will you get every month
Let us tell you that in this scheme there is a guarantee of monthly income of Rs. 6000 and the minimum deposit amount is Rs. 1 lakh. An attractive interest rate is also provided. This scheme is specially designed for senior citizens. You can apply and avail the benefits of this scheme with a limited time period. Talking about the eligibility for this scheme, only senior citizens who are 60 years of age and above can get good returns and pension by investing in a short period of time.
How to Invest in Limited Term Fixed Deposit Scheme
To invest in this fixed deposit scheme of LIC, first of all you have to go to the nearest LIC branch where you will find fixed deposit schemes, especially investment schemes for senior citizens, in which you can invest. However, for this scheme, you will have to go to the nearest LIC branch and fill the application form and decide the fixed amount and you can also get information about some interest rates. After getting all the information and submitting the application form to the LIC branch, you can start investing and get good returns in a short time.
