LIC Jeevan Akshay VII (No. 857) | Review + Benefits | Should you Buy (2023)?

LIC Jeevan Akshay VII (Plan 857) is an immediate annuity plan by LIC that provides annuity starting immediately to the policyholder on payment of a one-time lumpsum amount. If you want to know more about this LIC Jeevan Akshay VII…

Is SCSS at 8.2% good for Senior Citizens looking for income and high rates?

The Senior Citizen Savings Scheme (SCSS) interest rates have been increased to 8.2% recently (for April-June quarter of FY2023-24). More details here. For many Indians investing in debt, 8% is the psychological level for which they wait for to get…

LIC Saral Pension Plan (No. 862) | Review of Immediate Annuity Plan + Benefits (2023)

LIC Saral Pension Plan (Table No. 862 - 512N342V04) is a standard immediate annuity plan by LIC, where you need to pay the one-time lumpsum premium and you start getting your annuity income immediately. LIC already has an immediate annuity…