LIC Scheme: To make women self-reliant, this scheme of Life Insurance Corporation is beneficial, small savings can be invested in it, this scheme is designed keeping in mind the interest of women, Investment can be taken for women from 8 years old to 55 years old
LIC Scheme: Life Insurance Corporation brings different types of schemes for its customers. Investing in these gives a hefty amount over a stipulated period. This time LIC has come up with a special scheme for women, its name is LIC Aadharshila Yojana.
In this, if you deposit Rs 29 daily, you will get about Rs 4 lakh in 20 years. This scheme is for women from 8 years of age to 55 years of age. This is a special initiative of LIC towards making women self-reliant. In this, up to a maximum of Rs 3 lakh can be invested in it on quarterly, half yearly and yearly basis.
Benefits of both safety and savings
Women in the age group of 8 to 55 years can invest in LIC Aadhar Shila Yojana. It gives the benefit of both safety and savings to its customers.
However, under this scheme only women having valid Aadhaar can take advantage of it. The money is paid to the policyholder on maturity. The plan also provides financial assistance to the policyholder and the family after his/her death.
Maximum investment up to 3 lakhs
Under the LIC Aadhar Shila Yojana, a minimum investment of 75 thousand and a maximum of Rs 3 lakh can be made. The maturity period of this policy is minimum 10 years and maximum 20 years. The maximum maturity age is 70 years. At the same time, the premium payment of this plan is done on a monthly, quarterly, half-yearly or yearly basis.
Understand that
If you are 30 years old and deposit 29 rupees daily for 20 years, then in the first year you will have a total deposit of 10 thousand 959 rupees. It will attract 4.5 percent tax. Next year 10 thousand 723 rupees will have to be paid.
This way you can pay these premiums every month or on quarterly, half yearly or yearly basis. After depositing continuously for 20 years, your total amount of 2 lakh 14 thousand 696 rupees will be deposited. A total of 3 lakh 97 thousand rupees will be available at the time of maturity.
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