LIC Aadhaar Shila Investments Policy: All women between the age of 8 to 55 years are eligible to apply for the policy. The policy will mature between 10 to 20 years. Maturity age is 70 years.
LIC Aadhaar Shila Investments Policy: LIC Aadhaar Shila Yojana offers a special savings and insurance benefit package. This will help the family accumulate wealth over time and provide financial security in case of emergency. LIC Aadhaar Shila is an endowment plan that provides savings and life protection. If the policyholder dies during the policy term, the plan will provide financial security to the family.
If the insured survives the entire policy term, the plan offers them a maturity benefit. Additionally, it also caters to other needs by providing loan facility and option of motor insurance. This scheme has been specially designed for women.
Benefits of Aadhar Shila Yojana
- Maturity benefit
- Death benefits
- Surrender Benefits
- Loyalty benefits
- Policy loan
- Tax benefits
- Payment of premium
All women between the age of 8 to 55 years are eligible to apply for the policy. The policy will mature between 10 to 20 years. Maturity age is 70 years.
How to get 11 lakhs, calculator
For example, suppose you deposit Rs 87 every day from the age of 15 to the age of 25. It will take a full year to deposit Rs 31,755. However, if you invest continuously for ten years, you will accumulate Rs 3,17,550. In such a situation, when it matures in 70 years, you will get a total payment of approximately Rs 11 lakh.
