- Advertisement -
HomePersonal FinanceLIC Scheme: Create a fund of Rs 400000/- by saving Rs 29,...

LIC Scheme: Create a fund of Rs 400000/- by saving Rs 29, know details

- Advertisement -
- Advertisement -

LIC Aadhaar Shila Plan: Life Insurance Corporation of India has made a special scheme to make women self-reliant. Know about this scheme in detail.


New Delhi: LIC Aadhaar Shila: Life Insurance Corporation of India (LIC) keeps on offering excellent schemes from time to time for its customers. Now LIC has brought a special scheme especially for women. The name of this scheme made in the interest of women is LIC Aadhaar Shila Plan. Under this special scheme of LIC, women of 8 to 55 years can invest in it. Let us know about this plan in detail.

Terms of this scheme

LIC’s Aadhar Shila plan gives both security and savings to its customers. But only those women can take advantage of this, those whose Aadhar card is made. On maturity, the policyholder gets the money. This plan of LIC also provides financial help to the policyholder and the family after his death.

How much will you have to invest?

Minimum Rs 75000 and maximum Rs 3 lakh can be invested under LIC Aadhar Shila plan. The maturity period of this policy is minimum 10 years and maximum 20 years. Let us tell you that a woman of 8 to 55 years can invest in LIC’s plan and the age of maximum maturity is 70 years. At the same time, the premium payment of this plan is done on monthly, quarterly, half yearly or yearly basis.

Understand by example


You can understand this scheme with an example. Suppose if you are 30 years old and deposit Rs 29 daily for 20 years, then in the first year you will have a total deposit of Rs 10,959. Now it will also have 4.5 percent tax. Next year you will have to pay Rs 10,723. In this way, you can deposit these premiums on every month, quarter, half yearly or yearly basis. You will have to deposit Rs 2,14,696 in 20 years and you will get a total of Rs 3,97,000 at the time of maturity.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
RELATED ARTICLES

Most Popular

Recent Comments