The name of this policy of LIC is Dhan Varsha Yojana. No much money has to be invested in this and you can start investing from a young age. The special thing is that you can take huge advantage in this scheme and you can get very good results from it.

In this, you can get a profit of up to 10 times, you can save in it for a long time. Along with this, you can also take advantage of the benefits of life insurance, for this you will have to pay the premium only once. LIC’s Dhan Varsha Plan Arik is a non-participating, individual, savings, life insurance plan. This scheme provides both protection and savings to the customers.

Who can take advantage?

If you want to plan up to 15 years then its minimum age is 3 years and for 10 years the minimum age is 8 years. Only after turning 35, you can get a 15-year policy with 10%.

How can I buy the policy?

You can invest in this scheme at a very young age. LIC Dhan Varsha Policy is a non-participating, personal, single premium and a savings insurance plan. You cannot buy it online, it can be bought offline only.

Nominee gets the money, you have to go to LIC office and apply for this policy there. In this, you have to pay the premium only once, if the policyholder dies, then the fund money is given to his family or nominee.

How to get 91 lakh?

If the policyholder dies in the 10th policy, then the nominee will get Rs 91,49,500. This plan also gives a guaranteed amount on completion. If you start investing at a young age, you can get bumper returns later by depositing Rs 10 lakh.

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SBI is giving 7.60 percent interest on this scheme to senior citizens. At the same time, the common customer is getting 7.10 percent interest on it. SBI is offering good interest to customers under Amrit Kalash Deposit in a short period of time. Customers have time till March 31, 2023 to take advantage of this FD.

SBI gave information

State Bank of India has informed its customers about this by tweeting. The bank has written in its tweet that take advantage of the attractive interest rates, Amrit Kalash Deposit Scheme in 400 days time.

These are the interest rates

After increasing the repo rate by the Reserve Bank of India (RBI), most of the banks have increased the interest on FDs. RBI has increased the repo rate by 2.50 percent since May 2022 till now. After this, most all the banks have increased the interest on FD. SBI has also increased the interest rates on most FDs. According to SBI’s website, these new rates are applicable from February 15.

Interest rates on SBI FD

Common customers will get 3% to 7.1% interest on SBI’s FD between 7 days to 10 years. Senior citizens get an additional interest of 50 basis points (BPS) basis point on all these FDs. These rates have come into effect from 15 February 2023. Not only this, the bank is giving 7.1 percent interest to the general public on 400 days FD Amrit Kalash.

7 days to 45 days – 3%

46 days to 179 days – 4.5%

180 days to 210 days – 5.25%

211 days to less than 1 year – 5.75%

1 year to less than 2 years – 6.8%

400 days (Amrit Kalash FD Scheme) -7.10%

2 years to less than 3 years – 7.00%

3 years to less than 5 years – 6.5%

5 years and up to 10 years – 6.5%

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