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.
LIC Aadhaar Shila Plan: Life Insurance Corporation of India (LIC) keeps on offering excellent schemes from time to time for its customers. In this sequence, LIC has introduced a tremendous scheme to make women self-reliant and to strengthen their economic condition. The name of this scheme is LIC Aadhaar Shila Plan. Under this scheme of LIC, women of 8 to 55 years can invest in it. Let us know about this plan in detail.
Know the 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, even 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.
Premium and Maturity
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 its math with 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 there will also be 4.5 percent tax in it. 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.
