LIC Kanyadan Policy: After depositing Rs 3600 every month, you will get 27 lakh rupees after 25 years. Its maturity period is 25 years, but you have to pay the premium for only 22 years, not 25 years.
Saving is very important in this era of inflation. Whether it is low or high, saving is important for everyone. Right now the house expenses are going well, life is cutting into fun, yet who has seen the future. If the children are older, then the expenses of studies, expenses of wedding ceremonies, etc.
So even if you save only a little, but save. And also invest the saved money in the right place. By investing in the right place, large capital is accumulated in the future. Many people do insure for the future. There are many types of schemes in this. There are many such schemes of LIC, in which you can prepare a big fund by depositing a little money.
Today, we are telling about a scheme in which you have to save only 120 rupees per day to invest. Know how much money you will get on maturity? Full 27 lakh rupees. Another special thing is that you will have to pay the premium till three years before the maturity is completed.
LIC Kanyadan Policy
LIC Kanyadan Yojana is one such scheme of LIC, the country’s largest and government insurance company. This particular scheme is related to daughters. This is a great scheme for the daughter’s higher education, marriage or other future needs. If you invest by saving 120 rupees every day, then in future you will accumulate a thick capital of 27 lakh rupees. Here we are telling you the complete details of LIC Kanyadan policy.
3600 rupees to be paid every month
Every month, you have to deposit Rs 3600 in LIC grant policy. In this sense, you have to save 120 rupees daily. After depositing Rs 3600 every month, you will get 27 lakh rupees after 25 years. The maturity period of LIC Kanyadan policy is 25 years, but you will have to pay the premium for 25 years, not just 25 years.
Who and how can take policy?
The minimum age of the LIC Consolidation Policy taker is 30 years, while the age of his daughter should be at least 1 year. This policy will be available according to the age of you and your daughter. On the basis of the age of the daughter, the duration of the policy will decrease, but then the premium will be higher.
These important documents will be installed
To take this policy, you will need to provide proof of identity, address, age, etc. Talking about the document, you will need an Aadhaar card, income certificate, an identity card, address proof, birth certificate and passport size photo. A signed application form and a check or cash payment will have to be made for the first premium.
If the insured dies…?
If the insured dies after taking the policy, the family will get money without paying any additional premium. The installment is waived on permanent disability of the father in the grant. Death benefit will be given to the nominee in the annual installment. In this situation, the daughter will be given 1 lakh rupees every year in the remaining years of the policy. Also, on completion of the policy term, the nominee will be given Rs 27 lakh.
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