LIC Saral Pension (Plan No. 862)
IRDAI standard immediate pension plan with return of purchase price.
LIC’s Saral Pension (Plan 862) is the IRDAI standard immediate annuity plan. Pension starts immediately and the purchase price is returned to the nominee on death. It is available for single life or joint life.
| Plan name | LIC Saral Pension |
|---|---|
| Plan number | 862 |
| UIN | 512N342V05 |
| Category | Pension & Annuity Plans |
How LIC Saral Pension works
- Pay a single purchase price.
- Pension starts immediately for life.
- Single life or joint life option – purchase price returned on death.
Who should buy this plan?
- Retirees who want simple pension with capital return to family
Important points before you buy
- Features are standard across insurers; rates differ.
Why buy LIC Saral Pension through Vedpal Singh?
- 20+ years of experience with LIC in the Chandigarh tri-city; Development Officer at LIC’s Manimajra branch.
- Honest comparison of plans – we suggest what fits your goal and budget, including term cover where needed.
- Doorstep service for proposal, KYC and medicals in Chandigarh, Mohali, Panchkula and Zirakpur.
- Lifetime after-sales help: premium reminders, loans, nominee change, revival and claim support for your family.
Frequently asked questions
Source: plan details summarised from LIC’s official plan list and brochures on licindia.in. Features, eligibility and rates may change – the latest LIC sales brochure prevails.
Related LIC plans
LIC New Jeevan Shanti
Single premium deferred pension – invest once now, get guaranteed pension for life later.
LIC Jeevan Akshay VII
Immediate pension plan – pay a lump sum and pension starts right away.
LIC Smart Pension
LIC’s newer immediate annuity plan with multiple pension options.
Get LIC Saral Pension Quote
Apni details bhejiye – Vedpal Singh aapko call karke sahi plan batayenge.