LIC launches Saral Pension
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The Life Insurance Corporation (LIC) of India on 1st July 2021 launched Saral pension plan — a non-linked, non-participating, single premium, individual immediate annuity plan. This LIC Saral pension plan offers two annuity options to the policy holders after one-time lump sum amount payment. The plan also offers loan facility to the policy holder after six months of the plan purchase.

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