Lic New Plan: Save 130 Rupees Every Day, And You Will Get 27 Lakhs – Check Details Here

Lic New Plan: Save 130 Rupees Every Day, And You Will Get 27 Lakhs – Check Details Here

 

 

 

 

LIC Kanyadan Policy: New year has started. In the new year, people have prepared new financial planning. Investors are refining their portfolios. Planning is being done for the future of our children especially daughter.

 

If you are also the father of a daughter, then you must also be investing (girl child investment scheme) for the daughter’s education and her marriage. In today’s time, both education and marriage are very expensive obligations. That is why it is important that from the very birth of the girl child, do proper financial planning for her future.

 

If you also want to collect money for your child’s education and marriage, then Life Insurance Corporation of India ie LIC’s Kanyadaan policy can prove to be helpful in this. In LIC Kanyadan Policy, you will have to save only Rs 130 per day. That is, you will have to save Rs 3900 in a month. With this savings, you can deposit Rs 27 lakh.

 

The special thing about LIC Kanyadan policy is that through this you save not only your partner, you also get exemption in income tax. You can get tax exemption up to Rs 1.5 lakh under Section 80C of the Income Tax Act.

 

Life Insurance Corporation’s (LIC) Kanyadan Policy is a very popular scheme for daughters.

 

LIC Jeevan Lakshya Policy

 

Let us inform here that LIC does not have a separate plan named Kanyadaan Policy, but it is a customized plan of LIC Jeevan Lakshya Policy. Insurance agents customize this plan for daughter’s marriage and sell it in the name of Kanyadaan policy.

 

How to take this plan To buy

 

LIC’s Kanyadaan policy or Jeevan Lakshya Plan, Aadhaar card, income certificate, identity card, address proof and passport size photo are needed. The application form is accompanied by a signed application form and a check for the first premium, along with the birth certificate of the girl child.

 

What are the benefits

 

LIC Kanyadaan policy has a maturity of 25 years, but in this premium has to be deposited only for 22 years. No premium is to be paid for the last three years. 27 lakhs will be given to you after the completion of 25 years of LIC Kanyadan policy. If the father or guardian dies in an accident due to any reason, then the nominee gets a lump sum of Rs 10 lakh.

 

The policy will remain in force and there is also a discount in premium payment. If the father or guardian dies due to simple reasons, then a lump sum of Rs 5 lakh is received and then Rs 50 thousand is paid every year. Full money is given after maturity. A maximum of Rs 1.5 lakh can be invested in this policy every year.

 

You can take LIC Kanyadan policy for 13 years instead of 25 years. Apart from marriage, this money can also be used for the education of the daughter.

 

Who can take the policy

 

LIC Kanyadan policy can be taken by the father of the age of 18 to 50 years. The age of the daughter should be at least 1 year. This LIC Kanyadan policy scheme can also be available according to the different age of you and your daughter. The time limit of this policy will be reduced according to the age of the daughter. If a person wants to pay more or less premium then he can join this policy plan.

 

Free look period

 

The policy holder gets a free look period of 15 days from the date of commencement of the policy. If that policyholder is not satisfied with any of the terms and conditions of the policy, he can exit the policy. Under this policy, a grace period of 30 days is given in case of annual, quarterly payments. There is a grace period of 15 days in case of monthly payments. You can surrender the policy after paying the premium for 3 years

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