LIC Kanyadan Yojana: All parents in India want their daughter to get married with fanfare. People who have no dearth of money are married to their daughter from the land of smoke. But it is not possible for a family with an ordinary income. But if it is acted wisely, nothing is impossible. Today, we are going to tell you about a LIC policy that LIC has made for a daughter’s wedding. Lic’s policy is named after ‘Kanyadan Yojana’.
What is LIC Kanyadan Yojana?
LIC offers a variety of financial facilities and plans to its customers. A similar policy of LIC is LIC Kanyadan Policy (LIC Kanyadan Yojana). This policy has been made by LIC for the daughter’s wedding. Lic’s scheme will have to pay about Rs 3600 per month at Rs 121 per day. After 22 years of continuous premium, it will get Rs 27 lakh in 25 years to marry a daughter. If a person wants to take this policy at a higher or higher premium, he can take it.
If the premium payer dies during this policy, no premium will have to be paid. After the death, the family will get Rs 1 lakh annually, and after completion of the 25-year period, the nominee will also get Rs 27 lakh. That is, this scheme is also giving insurance cover in a way.
Minimum age of 30 years required for policy
The minimum age of the person taking the policy to avail this LIC policy should be 30 years and the girl should be 1 year old. After taking the policy, the person will have to pay a premium of Rs 3600 per month for 22 years. 27 lakh will be given on completion of 25 years period after paying continuous premium for 22 years. That means the premium payment will have to wait 3 years after completion. This policy can also be taken in more or less premium. The coverage amount will be fixed according to the premium.
More details in less words of Kanyadan Yojana
• LIC Kanyadan Yojana LIC has a 25 year policy.
• The scheme will have to pay Rs 3600 per month for 22 years.
• Will get Rs 27 lakh after completion of 25 years of policy.
• After the death of the policyholder, the family will not have to pay the premium and the nominee will also get Rs 27 lakh after 25 years.
• If the policyholder is in the way, the family will get Rs 1 lakh for the remaining years of the policy.
• The policy can also be taken at a higher or less premium.
LIC completed 65 years
LIC is one of the most trusted insurance companies in India. LIC is currently the largest insurance company in the country, which has recently completed its 65 years. LIC was launched in 1956 at a cost of only Rs 5 crore, and today the company is india’s largest insurance company. In today’s time, LIC provides a number of facilities like home finance besides insurance. The ‘Kanyadan Yojana’ is also an excellent scheme of LIC.
