LIC Kanyadan Policy: LIC’s Kanyadan policy, along with accumulating huge funds for the daughter, also comes under the ambit of Section 80C of the Income Tax Act 1961, hence those paying the premium can get tax exemption of up to Rs 1.5 lakh.
LIC Superhit Scheme: The country’s largest insurance company LIC offers various schemes for children and senior citizens, which are helpful in raising huge funds. LIC has made many plans especially for daughters, which can eliminate the tension from the girl’s education to marriage. Generally in India, as soon as a daughter is born, people start worrying about her education and marriage. If you are also in this list, then LIC Kanyadan Policy can remove this worry, which will not let you feel shortage of money in your daughter’s marriage. Let us know about it in detail…
Fund of Rs 27 lakh for daughter’s marriage
LIC Kanyadan Policy can not only secure your daughter’s future, but you can also free her from the tension of money in marriage. According to the name of this scheme, it can provide huge funds when the girl becomes marriageable. In this you will have to deposit Rs 121 per day i.e. according to this you will have to deposit a total of Rs 3,600 every month. Through this investment, you will get a lump sum of Rs 27 lakh on completion of the maturity period of the policy of 25 years.
This is the maturity period of the scheme
This great policy of LIC can be taken for the maturity period of 13 to 25 years. On one hand, by saving Rs 121 per day, you can raise Rs 27 lakh for your daughter, on the other hand, if you invest in this scheme by saving only Rs 75 per day, i.e. around Rs 2250 per month, then on maturity you will still get Rs 14 lakh. You will get the amount. If you want to increase or decrease the investment amount, you can increase or decrease it as per your wish and your fund will also change on the same basis.
You also get the benefit of tax exemption
Talking about the age limit for taking this plan made for the daughter, in this scheme the age of the father of the beneficiary should be minimum 30 years, while the age of the daughter should be at least one year. Along with accumulating huge funds, tax benefits are also available in this LIC Plan. LIC Kanyadan Policy comes under the purview of Section 80C of the Income Tax Act 1961, hence premium depositors can get tax exemption up to Rs 1.5 lakh.
Not only this, if any untoward incident happens to the policyholder before the maturity period or he dies untimely, then in such a situation there is a provision of giving up to Rs 10 lakh to the family members and the family members will not even have to pay the premium. . On completion of the maturity period of the policy, the entire Rs 27 lakh will be given to the nominee.
In this way you can easily take a plan
Now let us talk about what documents you will need to take the Kanyadaan policy of LIC. So, let us tell you that in this you will have to provide your Aadhaar Card or any other identity proof, income certificate, residential proof, passport size photo, daughter’s birth certificate.
