LIC Aadhaar Shila Plan: Life Insurance Corporation of India (LIC) has come up with a special scheme to make women self-reliant. In this scheme, a corpus of Rs 4 lakh can be created by saving only Rs 29 per day. Let’s tell how.
LIC Aadhaar Shila: Many people like to invest in the scheme of Life Insurance Corporation of India (LIC). LIC plans are excellent both in terms of security and savings. Today we are going to tell about a great plan of LIC, which is specially designed to make women self-reliant and strengthen their financial condition. In this scheme, Rs 4 lakh can be made by saving Rs 29 per day. Let us know about this plan in detail.
Women of 8 to 55 years can invest
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. LIC’s Aadhar Shila plan gives both security and savings to its customers. But only those women can take advantage of this, 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 women aged 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 here
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.
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