pension
LIC's Jeevan Akshay-VII
Plan 857UIN 512N337V07
LIC's Jeevan Akshay-VII is a current pension product listed on the official LIC India product index.
- Plan type: pension
- Plan number: 857
pension
LIC's New Pension Plus
Plan 867UIN 512L347V01
LIC's New Pension Plus is a current pension product listed on the official LIC India product index.
At a glance
Key highlights
Plan type
pension
Plan number
867
Who should consider this plan?
retirement planning, pension income
Eligibility and policy information
| minimum Entry Age | [25] years (last birthday) |
|---|---|
| maximum Entry Age | [75] years (last birthday) |
| policy Term | ), Options as specified in Para 2.B).ii below shall be available to you |
| premium Paying Term | 1. Single Premium Single Premium |
| maximum Sum Assured | Not Applicable |
| Premium modes | Yearly, Half-Yearly, Quarterly, Monthly, Single Premium |
| Loan available | No |
| Surrender available | Yes |
Benefits and riders
Death benefit
Where, Assured Death Benefit is 105% of the Total Premiums received upto the date of death reduced by Partial Withdrawals (as specified in Para
Maturity benefit
(Fund Value) 21,83,069 59,92,991 Annuity per annum 2,55,397 7,06,928 Net Yield= 6.53% Note: The above annuity payable p.a. is based on the current immediate annuity plan of the Corporation under life annuity option with considering 2% rebate on purchase price along with existing rebate for higher purchase price, assuming policyholder shall opt to purchase annuity from the Corporation at vesting without taking any commutation value from the accumulated fund. Further, in arriving above annuity amount no GST is considered. However, any applicable taxes at the time of vesting shall be considered as per the prevailing tax laws and rates. The annuity payment shall be subject to terms and conditions of the prevailing annuity plan(s) at the time of vesting 22 Benefits @ 4% p.a.(Rs) Benefits @ 8% p.a.(Rs) End of Policy Duration (Year) Cumulative p
Official documents
Product source on the Official LIC Website (opens in a new tab)
Important disclaimer
Please refer to the official LIC brochure and policy document for complete terms, conditions, exclusions and current availability.
Last verified: 2026-08-01
Personal assistance
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Every LIC plan should be considered in the context of your family, financial goals, time horizon, and affordable budget. Atul Rana provides one-to-one guidance using current official plan information.
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Planning for family protection
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