Aadhaar Stambh LIC Policy: Life Insurance Corporation of India (LIC) has many small savings schemes in which customers have to pay a lower premium. One of them is the Aadhaar Pillar Policy (Plan-943). The specialty of this policy is that if you invest only 30 rupees a day, then after maturity you will get around 4 lakh rupees. The most important thing is that it also gets death benefits and other facilities.
Aadhaar Pillar Policy details
According to the details available on LIC website licindia.in, LIC Aadhaar Stambh is an insurance policy, in which both security and savings are available. This plan is only for men and to purchase this LIC plan, the Aadhaar card is necessary. This small savings scheme of LIC has death and maturity benefits along with some riders.
This is typical
It is a non-linked and profit endowment assurance plan. At the same time, the policy holder will be entitled to the death benefit if the policy holder dies before the policy ends. Which will help in taking care of the future needs of the family. On the other hand, the policy holder gets maturity benefit, which is paid simultaneously.
Policy for 10 to 20 years
To take this policy, the policy holder must be between 8 and 55 years old. At the time of maturity of the scheme, the maximum age of the applicant should not be more than 70 years. At the same time, the minimum principal amount given under the Aadhaar Pillar Policy is Rs 75,000 while the maximum principal amount is Rs 3,00,000. In this, the principal amount is given in multiples of Rs 5,000. These policies are for 10 to 20 years. Its special point is that the risk coverage under this scheme starts immediately from the date of issue of the policy.
Premium and maturity would be something like this
Aadhaar Stambh LIC Maturity Calculator If the LIC policy subscriber is 20 years old, his premium and maturity will be something like this. Annual premium for the first year is Rs 10,821 (Rs 10,355 + Rs 466); Rs 5,468 for 6 months (Rs 5233 + Rs 235) 3 months premium Rs 2,763 (Rs 2,644 + Rs119) Monthly premium Rs 921 (Rs 881 + Rs 40)
Scheme time
Sum Assured – Rs 3,00,000 Loyalty Addition – Rs 97,500 (4.5% annual return on investment)
Policy can be taken for minor child
After investing 20 years, you will get 3.97 lakh rupees. This policy can also be purchased for any minor child whose age is more than 8 years.
