All Plans

Life Insurance

New Jeevan Shanti

Deferred annuity with guaranteed rates

Plan Overview

LIC's New Jeevan Shanti (Plan 858) is a single premium deferred annuity plan. Annuity rates are guaranteed at inception, and the pension begins after the deferment period you choose — single life or joint life.

Key Benefits

  • Single premium, deferment of 1 to 12 years
  • Annuity rates guaranteed on the date of purchase
  • Single life and joint life options
  • Death benefit during deferment period
  • Loan available after one policy year

Eligibility & Terms

Entry age: 30 to 79 years
Vesting age: up to 80 years
Minimum purchase price: ₹1.5 lakh

Figures shown are indicative as per the insurer's published plan features and may change. Please confirm the current terms with us before purchasing.

Best suited for

People near retirement who want to lock today's annuity rates for a future pension.

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