LIC Scheme : Investments have become very important nowadays just like earning. Because you never know when you will need money. So now it is worthwhile to invest well to grow money gradually.
Similarly, many schemes are now being implemented by the state government for investment for the citizens. Interestingly, the risk of losing money is very low. Suppose you invest a small amount every month and you can build a huge fund till maturity.
If you want to participate in this scheme, there are some important things you need to know. So that you won’t have a jaunty problem later. First of all, women will have to open their account, after which they will have to complete the investment process. Suppose you save Rs 87 per day, you can get a lump sum on maturity.
Know related things
Aadhaar Shila Yojana of LIC is very popular among people. Note that only women will get this benefit. For that, the important things of age have been fixed. Women between the age of 8 years to 55 years can participate in this scheme. You can participate in this scheme for 10 to 20 years.
Also the minimum age of maturity should be 70 years. Also the age of the woman should be 55 years. Suppose if a woman invests for 15 years, the sum assured will be Rs 2 lakh to a maximum of Rs 5 lakh.
11 lakhs will be received
LIC’s best plan is to make women rich, which requires you to invest a little in advance. Suppose now if you want to get profit of Rs 11 lakh you have to invest Rs 87 per day. In this scenario, the premium will be Rs 31,755 per annum. So the total deposit amount for a period of 10 years will be Rs.3,17,550. Let’s say if you withdraw at the age of 70, you can get a fund of Rs 11 lakh.
