A fixed pension.
For life.
Your pension rate is fixed when your policy starts. After the waiting period, you receive your pension for life, as per your chosen option.
See my pension →
LIC’S NEW JEEVAN DHARA IIPlan 892 · Pension for life*
#ItsPossibleWithBajajCapital
More time with family.
A monthly pension to plan your life around.
Choose your amount. See an illustration. Talk to us on WhatsApp.
Here’s the example behind this number
Pay ₹1 crore once at age 45. Wait 15 years. Then get an illustrated pension of ₹1,44,720 a month for life under single-life Option 10.
*No pension during the 15-year wait. Payments start after deferment, in arrears. Before tax, subject to policy terms and LIC’s final quote.Age 45
15 years laterAge 60
Age 45Plan today.→Age 60Enjoy your pension.
15 years. One thoughtful decision.
AI-generated age illustration.AVAILABLE FROM 19 OCT 2026
See an example today. Ask us for your exact pension quote.
How we calculate ↗A NEW CHAPTER, ON YOUR TERMS
Explore your pension ↗Make room for more life.
01 / YOUR INCOMEA monthly
02 / YOUR PLANOne payment.
03 / YOUR PEOPLEYou plan ahead.
A monthly
payday. For life.
After your chosen waiting period.
One payment.
A fresh chapter.
Understand how your pension works.
You plan ahead.
They stay close.
Talk to us about family benefits.
Benefits depend on your chosen option and policy terms. No pension is paid during the waiting period.
LET’S SEE WHAT YOUR PENSION COULD BE
See how much pension you can get.
Enter your age and amount.
We’ll help you take the next step on WhatsApp.
02 Your pension illustration
Talk about my pension on WhatsApp ↗
Your details will open in WhatsApp. Just review and tap Send.
How is this number worked out?
We derive base rates from LIC’s published ₹5 lakh examples, then apply its purchase-price adjustments and payout-frequency factors. We do not interpolate across ages or waiting periods.
Basis: new customer through an intermediary. Existing-customer and direct-online incentives are excluded. Values are rounded to the nearest rupee, before tax, and are not an insurer-issued quote.
Download calculation table ↓LIC product page & sales brochure ↗
THREE SIMPLE STEPS
Pay once. Get a pension later.
01 / YOU PAY ONCE
Choose your amount.
Decide how much you want to put into your pension plan.
02 / YOU CHOOSE THE WAIT
Choose when pension starts.
There is no pension during the waiting period. Monthly payments start one month after it ends.
03 / YOU RECEIVE YOUR PENSION
Get a regular pension.
Know what you’ll receive and what your family gets. We’ll explain both on WhatsApp.
YOUR TIME. YOUR PEOPLE.Morning walks.
Morning walks.
Family time.
A pension every month.
You’ve worked hard for your family. Now plan an income for the years ahead.
Let’s talk about your pension ↗FOR YOU. FOR YOUR FAMILY.A little more peace of mind.
A little more peace of mind.
A lot more life to enjoy.
A fixed pension.
Your one-time payment
can go to your family.
For one person under Option 10, the purchase price goes to the nominee on death after the waiting period. For two people under Option 11, it is returned after both have passed away. Policy terms apply.
Ask us about family benefits ↗Three things you should know.
You may need this money later: early withdrawal has conditions. Tax applies: pension income is taxable. Costs can rise: a fixed pension does not rise automatically.
GOOD QUESTIONS. SIMPLE ANSWERS.FAQs,
FAQs,
answered.
Not sure what suits you?
Ask us on WhatsApp.
Is ₹1,44,720 a month available to everyone?
No. That example uses age 45, a ₹1 crore purchase price, a 15-year deferment and single-life Option 10. Your pension depends on your age, amount, waiting period, option and applicable pricing. The calculator shows only combinations supported by its source data.
My age is different. Can I still enquire?
Yes. Enter your own age and amount to create a case for discussion. If we don’t have a published rate for that combination, we’ll ask you to request a quote rather than display an assumed pension.
Is the payout rate my investment return?
No. Annual pension divided by the purchase price is a payout rate. It is not CAGR or an investment return, and it does not account for the years without pension payments.
When is the first pension paid?
After the waiting period, the pension is paid in arrears. Monthly mode pays after one month; quarterly after three months; half-yearly after six months; yearly after one year.
Can I withdraw early or take a loan?
Loan and surrender facilities are subject to the plan’s rules. Early surrender can return less than you paid. Ask for the applicable values and loan terms before deciding.
Am I buying the policy on this page?
This page helps you explore and start a discussion. No payment is collected here. Your adviser will explain eligibility, the final insurer quote, documents and the next steps for policy issuance.
What happens to my information?
Your entries are processed in your browser. This page does not send or store them in a lead database. The WhatsApp button opens a draft containing your case details for +91 84470 91122. You choose whether to send it. WhatsApp’s own privacy terms apply when you use its service.
See your pension.
Talk it through with us.
Send us your pension details on WhatsApp.
We’ll help you understand the amount, the benefits and how to buy.
+91 84470 91122 · No payment on this page
Bajaj Capital Insurance
A real conversation.
A clearer decision.
Talk through your pension, policy choices and next steps with our team.
About Bajaj Capital Insurance
Bajaj Capital Insurance Broking Limited (BCIBL) is an IRDAI-licensed Composite Broker. LIC is the insurer for the pension policy illustrated on this page.
Licence No. 241 · Licence Code CB 042/02 · Valid from 9 January 2025 to 8 January 2028.
CIN: U67200DL2002PLC117625 · IBAI Membership No. 119.
Bajaj House, 97, Nehru Place, New Delhi 110019.
Terms & conditions for this illustration
This page helps you explore an illustrative pension and start a discussion. It does not issue a policy or accept premium payments. A displayed amount is not a personalised LIC quotation.
Your pension depends on your age, purchase price, waiting period, payment frequency and policy option. Benefits, eligibility, exclusions, surrender, death benefits and cancellation rights are governed by the insurer’s policy documents. Confirm the final quote and read the sales brochure and policy wording before buying.
The ₹1.44 lakh monthly example is based on age 45, a ₹1 crore single premium before tax and a 15-year waiting period under Option 10. No pension is paid during the waiting period. Payments are in arrears. It is not a rate of investment return.
Insurance is the subject matter of solicitation.
Privacy & your WhatsApp discussion
The calculator runs in your browser. This page does not submit your inputs to a lead database. Selecting WhatsApp opens a draft containing your illustration details. You decide whether to send it. WhatsApp and the receiving team then handle information under their applicable policies. Website hosting may process technical access logs.
Never share an OTP, password or payment-card details in a chat. Use the official payment process provided by the insurer.
Help & complaints
For grievance assistance, call the hotline or email:
grievance@bajajcapitalinsurance.comIllustration basis & important information
LIC’s New Jeevan Dhara II · Plan 892 · UIN 512N398V01. Available from 19 October 2026, as stated on LIC’s product page. The calculator uses the sales brochure’s single-premium samples (printed page 27), purchase-price incentives (page 24), payout factors (page 26) and eligibility conditions (pages 4–6). Reviewed 15 October 2026.
The ₹1 crore example also matches the supplied age-45 case illustration. This is a derived illustration, not a quotation issued by LIC or a promise of policy issuance. Actual benefits are governed by the chosen option, eligibility, underwriting and issued policy. Read the sales brochure before concluding a sale. Bajaj Capital branding identifies this landing page; LIC is the insurer. Family photos are AI-generated illustrations, not customer testimonials.
Premium, tax and benefit details should be confirmed in the final quote. No investment return or suitability assurance is implied. No direct-online purchase incentive is included in an adviser-assisted illustration.