SBI vs LIC: A guaranteed regular income comes to most people’s minds when planning for their retirement years. For those individuals, an annuity scheme can be a beneficial option. They provide assured regular income, as well as a tax benefit. Under an annuity plan, you pay a lump sum in the accumulation period and get regular payments as long as you live. In this article, we will talk about SBI Annuity Deposit Scheme, and LIC annuity schemes.
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