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LIC Scheme: Return of Rs 8 lakh on depositing Rs 1800 every month, know the details of the policy

Under this scheme of LIC, you can invest on quarterly, half yearly and yearly basis. Under this scheme, you can invest for a minimum of 10 years and a maximum of 20 years.

New Delhi. LIC keeps bringing LIC policy for every class of people in the country. Often women are far behind in buying insurance policies. In such a situation, LIC has launched a special insurance policy keeping women in mind. The name of this policy is LIC Aadhaar Shila Policy. All those women whose age is between 8 to 55 years are eligible to get the benefit of this scheme.

In this policy, women get benefits in many ways. In this policy, any woman can buy insurance for a minimum of Rs 75 thousand and a maximum of Rs 3 lakh.

Know what is this scheme?

Under this scheme of LIC, you can invest on quarterly, half yearly and yearly basis. Under this scheme, you can invest for a minimum of 10 years and a maximum of 20 years.

How to get benefit?

Let’s say you start the plan at the age of 30. And saving Rs 58 every day, you will deposit Rs 21,918 in LIC Aadhaar Shila Yojana in a year. You will invest Rs 4,29,392 over 20 years while getting a return of Rs 7,94,000 on maturity.

Who can take advantage of this?

LIC’s Aadharshila plan provides both security and savings. Only those women can take advantage of this, whose Aadhaar card is made. This plan of LIC provides financial help to the policyholder and the family after his death.

Details of Aadharshila scheme- Minimum sum assured-

  • Rs 75,000
  • Maximum sum assured- Rs 3,00,000
  • Policy term- 10 to 20 years
  • Premium depositing period- 10 to 20 years
  • Maximum age of maturity- 70 years

Read More : Tax exemption will not be available on insurance policy if the premium is more than Rs 5 lakh

Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap has over 3 years of experience in writing finance content, entertainment news, cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @insuranceindiaain@gmail.com
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