New Jeevan Shanti Pension Plan (Table-850)
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New Jeevan Shanti Pension Plan (Table-850) Details
The New Jeevan Shanti Plan is a non-linked, non-participating, individual, single premium or regular premium pension plan that offers a combination of protection and savings. This plan provides guaranteed pension payments throughout the lifetime of the annuitant with various payout options.
Key Features:
- Option for immediate or deferred annuity
- Flexible premium payment modes (Single or Regular)
- Multiple annuity payout options
- Loan facility available after 3 months (for Single Premium) or 1 year (for Regular Premium)
- Tax benefits under Section 80C and 80CCC