Hi,
I am looking to invest in Jeevan Shanti. Current age: 39; Deferment period: 11 years. Amt: 5100000
This is not my entire retirement corpus. I have some savings in FD as well. Should I go ahead with Jeevan Shanti as atleast the pension is guaranteed for lifetime. (where as jobs in private sector have no security.)
second question: If the Jeevan Shanti policy is returned in free look period, is GST also refunded?
third question: is tax on Jeevan Shanti annuity deducted at source?
1 Answers
Hi,
May I know what are the other investment avenues that you have currently invested in?
Have you calculated your expected 'Retirement corpus'?
Kindly read :
LIC Jeevan Shanti – Review | Should you invest in New Guaranteed Pension Policy?
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