🛡️ Table No. 858 • Pension • Deferred Annuity
LIC New Jeevan Shanti Calculator
Deferred Annuity Plan with Guaranteed Pension Rates. Check exact yearly, half-yearly, and monthly premiums with 2026 bonus estimations.
30 Years
₹ 10,00,000
LIC New Jeevan Shanti RETURNS
Projected Total Maturity / Payout
₹ 0
Total Premiums Paid (Over PPT)
Net Profit / Bonus Gain
₹ 0
1st Year Premium (+ 4.5% GST)
₹ 0
Renewal Premium (+ 2.25% GST)
₹ 0
Guaranteed Life Cover (Death Benefit)
₹ 0
Daily Savings Required
₹ 0/day
| Basic Sum Assured | ₹ 0 |
| Simple Reversionary Bonus (SRB) | ₹ 0 |
| Final Additional Bonus (FAB) | ₹ 0 |
| Guaranteed Additions (if applicable) | ₹ 0 |
| Periodic Survival Benefits Paid | ₹ 0 |
| Estimated Total Value | ₹ 0 |
RENEWAL PREMIUM IN ALL PAYMENT MODES
Yearly
₹ 0
+2.25% GST
Half-Yr
₹ 0
+2.25% GST
Quarterly
₹ 0
+2.25% GST
Monthly
₹ 0
+2.25% GST
Investment vs Returns Distribution
Life Cover & Surrender Value Accumulation
| Year | Age | Annual Premium | Cumulative Invested | Normal Life Cover | Accidental Cover | Surrender Value | Eligible Loan (90%) |
|---|
About LIC New Jeevan Shanti (Table No. 858)
Single premium deferred annuity plan. Lock in your high guaranteed pension rate today and start receiving pension after a deferment of 1 to 12 years.
Key Plan Highlights
- Guaranteed addition accrued every month during deferment period
- High annuity rates locked in at policy inception (up to 8.5% - 9.5%)
- Single Life and Joint Life annuity options
- Death benefit: Higher of Purchase Price + Additions or 105% of Purchase Price
Eligibility Criteria
- Minimum Entry Age: 30 Years
- Maximum Entry Age: 79 Years
- Minimum Basic Sum Assured: ₹ 1,50,000
- Maximum Basic Sum Assured: No Upper Limit (subject to underwriting)
Tax Benefits & Liquidity
- Section 80C: Premiums eligible for tax deduction up to ₹1,50,000/year.
- Section 10(10D): 100% tax-free maturity and death claims.
- Policy Loan: Available after paying 2 full years of premiums.
- Surrender Value: Guaranteed surrender value acquires after 2 years.
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Helpful Policy Tools for this Plan
Estimate cash surrender values, loan eligibility, or compare side-by-side.
Frequently Asked Questions about LIC New Jeevan Shanti
Get quick answers to the most common questions regarding LIC New Jeevan Shanti (Table 858) premiums, bonus rates, and maturity.
Q1: How does the deferred annuity work in New Jeevan Shanti (858)?
⌄
You invest a single premium once and defer your pension for 1 to 12 years. During deferment, guaranteed additions accrue every month, locking in very high lifelong annuity rates (often 8.5% - 9.5%).
Q2: Can I buy New Jeevan Shanti jointly with my spouse?
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Yes. Joint Life deferred annuity is available with spouse, children, or parents.
Q3: What is the death benefit during the deferment period?
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Higher of (Purchase Price + Accrued Guaranteed Additions) or 105% of Purchase Price is paid to the nominee.