How LIC lifetime pension plan 2025 works?

Step 1: Choose Your Annuity Type

Pick from:

Single Life Annuity

Joint Life Annuity

Step 2: Choose Payment Frequency

You can receive payments monthly, quarterly, half-yearly, or annually.

Step 3: Make a One-Time Investment

Invest a lump sum amount based on your retirement planning goals.

Step 4: Start Receiving Regular Pension

After investment, you'll start receiving a fixed pension as per your chosen frequency.

Eligibility Criteria

Minimum Entry Age: As per LIC's guidelines

Maximum Entry Age: Up to 100 years (varies based on annuity option)

Minimum Purchase Price: ₹1,00,000

Maximum Purchase Price: No limit

LIC Lifetime Pension Plan 2025 vs Other Pension Plans

Feature LIC Lifetime Pension Plan Other Pension Plans

Guaranteed Lifetime Income ✔ May vary

Market Risk-Free ✔ Depends on fund type

Flexible Options ✔ Limited in some plans

Loan & Withdrawal Facility ✔ Not always available

How to Buy the LIC Lifetime Pension Plan 2025

Visit the nearest LIC office or official LIC website.

Speak to an LIC advisor or agent.

Choose your preferred annuity option and payment mode.

Submit required documents and make the one-time payment.

Receive your policy document and start your pension journey!

Things to Remember

The plan offers lifelong benefits, but it's important to choose the right annuity type.

Your investment is safe but returns are fixed (not market-linked).

If you're already an LIC customer, you can get additional assistance while purchasing this policy.