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Great Plan: Invest 87 rupees in this scheme of LIC, you will get full 11 lakhs, know full details

LIC Aadhaar Shila Plan: People of all ages and socio-economic backgrounds can choose from a variety of insurance options through the government-backed Life Insurance Corporation of India or LIC.

LIC Aadhaar Shila Plan: LIC Aadhaar Shila Plan is a government backed popular insurance plan offered by Life Insurance Corporation. It is specially designed for women and offers the benefit of insurance protection and savings.

What is LIC Aadhaar Shila Plan?
LIC Aadhaar Shila Plan is an endowment, non-linked, individual life insurance plan designed for women. It provides financial security to the family of the policyholder in case the policyholder dies during the policy term and helps in accumulating wealth over the long term.

Eligibility for LIC Aadhar Shila Plan
The scheme is open to all women in the age group of 8 to less than 55 years. The maturity period of this policy is between ten to twenty years. The maturity age of this LIC plan is 70 years.

The minimum sum insured in LIC Aadhar Shila Yojana has been fixed at Rs 75 thousand. While the maximum sum insured is Rs 3 lakh. The minimum policy term of this plan is 10 years. And the maximum age limit has been fixed at 20 years.

Accordingly, LIC Aadhaar Shila policy can be purchased for a maximum of Rs 3 lakh only. There are options for monthly, quarterly, half-yearly or annual premiums.
understand by example
For example, if you set aside Rs 29 per day, you invest Rs 10959 in LIC Aadhaar Shila plan over the course of a year. Suppose you started this scheme at the age of 15 and have been implementing it for 10 years. In this way, you will put aside Rs 2,14,696 over the course of 10 years and earn Rs 3,97,000 when the investment matures.

How to get 11 lakhs?
For this you have to add 87 rupees daily. With this, a total of Rs 31,755 will be collected with you in a year. If now you invest in the scheme continuously for ten years. In this case, your total Rs 3,17,550 will be deposited in the scheme. As mentioned, the maturity period of the scheme is 70 years. In such a situation, by investing in this scheme, you can raise around 11 lakh rupees at the time of maturity.

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