Life Insurance Corporation (LIC)

Invest Rs 11 Lakh Once, Get Rs 1 Lakh Pension Every Year With This LIC Scheme

Getting a deferred annuity plan is a smart move for people who want to make sure they have money coming in regularly when they retire. 

Nov 14, 2023, 17:13 PM IST

Opposition's demand for JPC probe into Adani issue not justified: BJP MP Jethmalani

Wrongdoing in investments by LIC, if any, would be probed by the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI), the Rajya Sabha member said.

Feb 03, 2023, 14:52 PM IST

LIC Policy: Invest just Rs 110 in THIS LIC plan, get three times return; Check return calculator

LIC is one of the preferred options because it mostly provides assured returns and many of its plan help in tax savings as well. 

Dec 11, 2022, 20:27 PM IST

LIC WhatsApp Number: LIC policyholder can now get policy status, other services on WhatsApp within seconds; Check step-by-step guide

The LIC WhatsApp service was launched by LICI Chairman MR Kumar. 

Dec 03, 2022, 19:06 PM IST

Invest as low as Rs 100 in THIS LIC policy and get lakhs of rupees on maturity; Check return calculator, benefits, other details

LIC Jeevan Labh Maturity Calculator: When it comes to investing, people get to choose from a wide range of options. If it comes to long-term investment with a life cover, people often trust India's most valuable life insurance company - Life Insurance Corporation (LIC) of India. LIC has multiple plans to suit the need of individual investors and investment into the plans starts from a very low amount. One of such policy is LIC Jeevan Labh. LIC's Jeevan Labh is a limited premium paying, non-linked, with-profits endowment plan which offers a combination of protection and savings. This plan provides financial support for the family in case of the unfortunate death of the policyholder any time before maturity and a lump sum amount at the time of maturity for the surviving policyholder. This plan also takes care of liquidity needs through its loan facility.

Nov 28, 2022, 14:26 PM IST

Relief for investors as LIC share prices rally over 9 per cent as Q2 net zooms multifold

LIC Share Price: LIC on Friday reported a multi-fold jump in net income at Rs 15,952 crore in the July-September quarter, from Rs 1,434 crore a year-ago. 

Nov 14, 2022, 12:22 PM IST

LIC Policy: Investing just Rs 74 per day in THIS plan can return Rs 48 lakhs

LIC policy: The minimum entry age for this policy is 8 years and the maximum entry age is 75 years.

Nov 08, 2022, 16:11 PM IST

LIC shares recover 1.88 per cent today amid reports of bonus shares, dividends

LIC Share Price: LIC’s net profit jumped to Rs 682.88 crore in the June quarter from Rs 2.94 crore a year ago. 

Oct 31, 2022, 17:33 PM IST

Stage set for IDBI Bank's privatisation: Govt, LIC invite bids to sell 60.72 percent stake

The successful bidder would be required to mandatorily lock-in at least 40 per cent of the equity capital for five years from the date of acquisition.

Oct 07, 2022, 20:18 PM IST

LIC’s New Group Superannuation Cash Accumulation Plan: Check eligibility, benefits and many more

To be eligible for this scheme, the employee needs to fall in the age group of 18 and 75 years and in case of maturity age, it should be 85 years. In terms of contribution, a minimum of Rs 10,000 is required at the time of inception of this policy and then a contribution of Rs 1,200 is mandatory every year for the members.

Mar 20, 2021, 11:31 AM IST

Arun Jaitley launches pension plan for senior citizens with 8% assured return

"Banks have to lend at feasible rates, while senior citizens want secure, reasonable, unfluctuating return on their investment," Jaitley said here launching the pension scheme -- Pradhan Mantri Vaya Vandana Yojana (PMVVY).

Jul 21, 2017, 20:39 PM IST

Jaitley to launch pension scheme with 8% fixed rate

It can be purchased offline as well as online through Life Insurance Corporation (LIC) of India which has been given the sole privilege to operate this scheme, the finance ministry said in a statement on Thursday.

Jul 20, 2017, 20:20 PM IST