LIC BEST ANNUITY PLANS - LIC IMMEDIATE ANNUITY - LIC JEEVAN AKSHAY VII - LIC DEFERRED ANNUITY - LIC JEEVAN SHANTI - JAN 2023

 LIC JEEVAN SHANTI PLAN 

DEFERRED ANNUITY  PLAN 

LIC JEEVAN AKSHAY VII PLAN

IMMEDIATE ANNUITY PLAN

LIC Branch in Channapatna - LIC Premium payments - LIC Branch office - LIC 610 Branch

LIC Branch in Channapatna - 601

640/1, Chikkamalur,
Bangalore Mysore Highway
Channapatna,  

Karnataka, Pin Code: 571501

Ph No.: 080-7200296, 

Email id:bo_601@licindia.com

LIC 309 Branch - St Marks Road - Bangalore - LIC India

LIC of India, Bangalore (St. Marks Road)

Branch Office – St Marks Road, 

Oriental Building, 1st Floor, M.G. Road, 

Bangalore (St.Marks Road) Cbo – 11, 

Branch Code – 309.

Ph : +91- 80-22966869 

LIC Mutual Funds - Residency Road - Bangalore

LIC MUTUAL FUND - Bangalore 

No. 4, 2nd Floor, Canara Mutual Bldg., (Opp. Cash Pharmacy),

Residency Road, Pin: 560025

Phone : 080-22210180 / 22295598 / 1800-258-5678

Fax : 080-22210180 

Email: bangaloreao@licnomuramf.com

LIC JEEVAN SHANTI PLAN

*Terrific Twenty Reasons for big money flowing  in Jeevan Shanti !*

👉Due to COViD there has been contraction of the economy. Business men are apprehensive about future and hence are not investing more monies in business. They are also worried about future income. Hence many are investing in Shanti to secure their future and get steady guaranteed income. Big investments in Tiruppur and Salem are testimony to this fact

👉Non resident Indians are worried about the continuation of their employment abroad, hence they are investing in Shanti, so that when they come back to India they have steady source of income. Big investments in Trivandrum and Ernakulam are examples 

👉Many retirees are apprehensive about falling interest rates and are investing in Shanti to get steady guaranteed income. The huge flow in Urban areas are examples

👉Many young professionals want to retire early. They are using deferred option in Shanti to create steady income flow after early retirement

👉Natural calamities like flood and earthquakes combined with the sluggishness in real estate market are forcing people to invest in financial assets and they are investing in Shanti to generate steady returns 

👉Debt fund investors in mutual funds suffered huge value erosions recently due to defaults and they are moving their monies to Shanti for safety and steady income 

👉Share market valuations are unreasonably high and people are booking profits and moving the monies to Shanti

👉The demand for gold has gone done due to high prices and change in psyche of younger generation. They prefer less ostentatious and inexpensive fancy ornaments. These monies are moving to Shanti 

👉Ostentatious weddings have stopped. Savings moving to Shanti 

👉Middle and upper middle class people are choosing various deferment periods to get their desired returns and are investing small amounts of ₹10-₹15 lac. Many in Kerala by default chose 20 year deferment period to avail 18% annuity

👉Employers are investing in Shanti under Employer Employee scheme to earn the loyalty of employees as well as provide for their pension

👉Parents with special children are using Shanti to create steady income for their children using the concessions given in Shanti 

👉Joint life option used by elders to provide for their spouses and their children and the investment benefits three generations 

👉Jeevan Shanti can be assigned and hence many are using it to provide collateral for availing loans

👉 Trusts are investing big monies in the names of principal trustees and getting it assigned to the Trust to receive steady income 

👉Rich people are using Marriage Women Propety act, so that the capital and annuity belongs to the Trust and the creditors can not attach it

👉HUF are investing in Shanti to generate steady returns .

👉🏼 Option for joint life  ensures benefits for 3 generations. 

👉🏼 Liquidity by way of loans is a special feature in this pension product . 

👉🏼 10 attractive options available .

LIC Premium collection center, Thanisandra Main Road, Bengaluru, Karnataka

LIC Premium Collection Centre
1st Floor, Ratnamma Laxman Building,
Aswathnagar Bus Stop, Thanisandra Main Road,
Next to DTDC Domestic & International Courier,
Bengaluru, Karnataka - 560 077.

Phone: 093435 38081
Hours or services may differ, please confirm and go. 

LIC PREMIUM POINT BSK 2ND STAGE, Bangalore, Karnataka

LIC of India,

Address: 1504, 25th Main Rd, 
Banashankari Stage II, 
Banashankari, Bengaluru, 
Karnataka 560082

Phone: 099003 98400

Insurance fraud calls over phone

Spurious Calls 

Beware of misleading telephone calls from people posing as LIC officials, agents, IRDAI Officials, Officials from ECI (Office of the Executive Council of Insurers) etc. and offering alluring benefits.

Please be informed that: 

• LIC does not share bonus information with the policyholders through phone calls.
• LIC never encourages policyholders to discontinue its existing policy/policies.

Important Dos & Don’ts Dos: 

1. Verify the correctness of policy information through our website www.licindia.in or contact any nearest LIC Branch.
2. Please register a police complaint along with details of phone number with the police station in your jurisdiction.
3. Report suspicious calls with brief particulars of the call through e-mail to spuriouscalls@licindia.com 

Don’ts 

1. Do not entertain calls from unverified sources.
2. If the caller is persuading you to surrender your policy to claim extra benefits, please do not entertain such calls.
3. Do not get tempted by exaggerated promises regarding benefits of Life Insurance Policies.
4. Do not entertain those who offer extra bonuses and higher benefits.
5. Do not part with your policy details/other information to any caller. 

LIC office timings - working hours - LIC of India holidays

LIC of India is fully owned by Government of India.  As of today, LIC of India is having the largest network of around15,00,000 Individual Agents,  Corporate Agents, Banks etc.,  LIC of India has 2,048 fully computerized branch offices, 113 divisional offices, 1,381 satellite offices and over 8 zonal offices with the head office located in Mumbai. 

Since 1956, LIC of India is considered to be the most trusted company in India.

LIC office times are :

• Morning -    10:30 pm to  01:30 pm - working hours
• Afternoon - 01:31 pm to 02:15 pm - Lunchtime
• Afternoon - 02:16  pm to 04:30 pm - Working hours

• Second and fourth Saturday - Holiday
• All Sundays - Holiday

LIC of India online services

LIC of India's official website is http://www.licindia.in and http://www.licindia.com. Existing policyholders, new policyholders, those who want any info on LIC plans or for any services can visit any one of the above-given websites. 

LIC policyholder can get the following services at the website :

• Registration for e-Services
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