LIC New Plan for women: Invest Rs 29 per day and get Rs 4 lakh

Life Insurance Corporation of India (LIC) is a leading insurance company in India. Most people in the country have their life insurance policies in LIC. Now LIC has introduced a new scheme for women only. Women can get amazing benefits in this new policy LIC Aadhaar Shila.

Only women are allowed to invest in the Aadhaar Shila scheme introduced by LIC. Investments made by women under this scheme are given the highest rate of interest and the highest return. Here is the information on how to invest in this scheme. In LIC Aadhaar Shila Yojana under this scheme if you invest Rs 29 per day.

After 20 years of investment, you can get a profit of up to 4 lakhs. If your age is 30 years old. Invest Rs 29 daily with 4.5 percent interest added to your invested money for the first year it will reach Rs 10,959 and After 20 year you can get returns of up to Rs 4 lakh. LIC’s Jeevan Shila policy for women is a minimum of Rs 3 to maximum Rs 75,000. Can invest up to the maturity period of the scheme will be 10 years to 20 years.

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The policy premium can be paid in monthly, quarterly, half-yearly or annual premiums. Women investing in this policy of LIC should not exceed 70 years of age at the time of completion of the policy. But women between 8 years of age and 55 years of age are eligible for this policy. Those who are planning to invest for the long term can invest in LIC’s Jeevan Shila policy.

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Once the policy holder dies after five years, LIC pays royalty along with the additional sum assured to his family members. Once the LIC Jeevan Shila policy has been subscribed to and dies within five years, the sum assured will be 3 lakhs of the policy amount to the family members. Another advantage of Jeevan Shila policy is that once you need a loan, 70% of the premium paid will be given to you as a loan.

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It should be noted that if you compare it to the loan you get from the bank, the interest rate for the loan on LIC policy is lower. LIC policy provides financial security to your family. Life insurance will come to the rescue of your family in case of unexpected events. For this reason, those who are thinking of investing, it is advisable to invest in this new scheme of LIC.