In such a situation, if we tell you that you have an option with the help of which you can easily take a loan at low interest. But for this, it is necessary for you to have a LIC policy, because you can take a loan on it at low interest. Let us know how you can take a loan on your LIC policy.

Who can take loan against LIC

• If you want to get a loan against LIC policy, then you will have to fulfil certain standards.
• You must have Indian citizenship.
• The person taking the loan should be at least 18 years of age or above.
• The person taking the loan must be a policyholder and should have a valid LIC policy with at least 3 premiums paid.

Why is LIC loan beneficial

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Insurance giant Life Insurance Corporation (LIC) on Wednesday introduced its new service Jeevan Utsav (LIC Jeevan Utsav). Guaranteed returns have been promised in this. LIC said in the information given to the stock market that it is a ‘non-linked’, non-participating, individual savings, whole life insurance plan.

पेश है एलआईसी का जीवन उत्सव – आजीवन गारंटीड रिटर्न तथा लाभ चुनने के विकल्प के साथ पूर्ण आयु जीवन बी

*शर्तें लागू#LIC #LICJeevanUtsav #JeevanUtsav #WholeLifePlan pic.twitter.com/77kvgWbtBX

— LIC India Forever (@LICIndiaForever) November 29, 2023

LIC Jeevan Utsav Features

LIC’s Jeevan Utsav plan number is 871, which comes with lifetime guaranteed returns. In this you will get the option of full life life insurance and benefit payment. The limited premium payment period in this is 5 to 16 years. There is a provision for guaranteed increase only while paying the premium. In this, you will get regular income benefit and flexi income benefit. The minimum basic sum assured will be Rs 5 lakh. The minimum age at the time of commencement of the policy should be 18 and maximum at the time of completion of premium should be 75 years. With this scheme, LIC will also give annual interest at the rate of 5.5% to the policyholder. However, the policyholder will not get maturity benefit with this plan.

LIC Chairman had announced the plan

LIC Chairman Siddharth Mohanty, while sharing some of the features of the new service last week, had said that it will provide assured returns and after its completion, the policyholder will get 10 percent of the sum assured for the lifetime. Mohanty had said that the new product is ready to create a stir in the market. Everyone wants to know how much he is paying and how much return he will get after 20-25 years. He said that apart from this, loan facility and premature withdrawal are also included in the features of this new service.

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The name of this scheme is LIC Aadhaar Shila Plan. In this plan, you get huge benefits in the long term.

LIC Aadhar Shila Scheme is a non-linked, individual life insurance scheme. This scheme has been specially designed for women. On the maturity of this policy, the investor gets a fixed amount from LIC. To invest in this, the age of the woman should be between 8 to 55 years.

If the policyholder dies before the completion of the policy, then in such a situation the family gets financial assistance. Only physically healthy people can invest in this scheme.

Under the Aadharshila policy, the basic sum assured under LIC Aadharshila plan is minimum Rs 75,000 and maximum Rs 3,00,000. In this plan, you get the option of monthly, quarterly, half yearly and yearly payment of premium.

The maximum age of maturity in this scheme is 70 years. This means that the age of the policy holder at the time of maturity should not be more than 70. A lump sum amount is received on maturity.

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When the policyholder does not pay his premium on time, his life insurance policy lapses. Due to this, the benefits they get on the coverage also become temporarily inaccessible. To restart this insurance coverage, life insurance companies usually give a window of two years, during which period the policy holder can renew the policy by paying the premium and restarting the coverage.

What is a lapse policy?

If the premium is not paid within the stipulated days then the insurance policy lapses. To get the coverage available on any policy, it is necessary to renew the insurance policy from time to time by paying premium. If this is not done, the policy lapses. Life Insurance Corporation of India (LIC) reserves the right to reinstate or reject a canceled policy. LIC gives permission to restart the discontinued policy.

How to revive lapsed LIC policy

If your policy has lapsed due to non-payment of premium within the due date, all benefits, terms and conditions associated with the policy remain invalid until you revive it.

How to revive lapsed policy

If you have any LIC policy which has lapsed, you can pay its premium along with late fine. After paying the premium of LIC policy, the health benefits related to the policy will start.

Contact LIC – You can contact LIC through their customer care number, email or at your Pasi LIC branch.

Request for Revival Form – You can submit the revival form to revive your policy.

Pay late fine along with premium – You can pay the interest by paying late fine along with your premium.

How to get LIC policy service on WhatsApp

1. Type ‘Hi’ and send it to 8976862090 through WhatsApp application.

2. You will get 11 options to choose from. To select a service, reply in the chat with the option number. For example, if you want to know when your next LIC policy premium is due and how much premium you have to pay then send 1.

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A special campaign (LIC’s Special Revival Campaign) has been started by LIC, in which you can start your lapsed policy. Along with this, one is also getting the benefit of discount on re-starting the policy. LIC has given information about this by tweeting.

LIC tweeted

LIC has written on Twitter that a special revival campaign has been started by LIC. In this, policyholders are getting a chance to restart their lapsed policies. For information about this special revival campaign, you can contact LIC branch or agent.

LIC’s Special Revival Campaign – An opportunity for policyholders to revive their lapsed policies.
To know more, contact your nearest LIC Branch/Agent or visit https://t.co/jbk4JUmIi9#LIC #SpecialRevivalCampaign pic.twitter.com/xHfZzyrMkD

— LIC India Forever (@LICIndiaForever) September 26, 2023

You will get 30 percent discount in late fees

Let us tell you that LIC has told that customers will get the benefit of up to 30 percent discount in late fees. Those customers whose unpaid premium is more than 5 years old will not be able to avail this benefit.

You will get a discount of Rs 4000 in late fees

LIC is giving 30 percent discount in late fees. Customers will get the benefit of discount of Rs 3000 on policies with premium up to Rs 1 lakh. Apart from this, if the premium of your policy is between Rs 1 to 3 lakh then you will get a discount of Rs 3500. At the same time, on policies worth more than Rs 3 lakh, you will get a rebate of Rs 4000 in late fees.

Visit the official link

For more information about this campaign you can visit the official link http://licindia.in .

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Life Insurance Corporation of India (LIC) has launched a special campaign for the revival of individual lapsed policies. LIC celebrated its 67th anniversary on August 31, 2023 and announced the launch of a special campaign, which will be effective from September 1, 2023.

Revival of lapsed LIC policies

• If your policy has lapsed or lapsed due to non-payment of premium on time then the terms and conditions of the policy contract are invalid unless you reinstate it.
• Lapsed coverage must be reinstated by paying the accrued premium along with interest and providing necessary health information.
• Always keep your policy in force to guarantee that your family receives the financial protection provided by your policy.
• With the exception of certain claim concession schemes, certain discounts are available depending on the period for which you have been paying the premium.

What is a lapse policy?

Lapsed policy means lapse of insurance if the premium is not paid within the agreed days. A lapsed policy can be reinstated as per the terms of the plan on submission of evidence of continued insurability to LIC and payment of all premium dues along with interest at the rate prescribed from time to time.
However, LIC reserves the right to revive the canceled policy or not. Reinstatement of a discontinued policy will be effective only if it is approved by LIC.

How will the payment be made on death claim during the lapsed period?

1. As per LIC website If the policyholder has paid premiums for at least 3 complete years and subsequently stops paying premiums, and death of the life assured within six months from the due date of the first unpaid premium In case of policy money will be paid in full after deduction. The money along with interest on unpaid premiums till the date of death will be given to the nominee of the policy holder.
2. If the policyholder has paid premiums for at least 5 full years and subsequently stops paying premiums and the life assured dies within 12 months from the due date of the first unpaid premium, then the policy Full amount will be deducted and paid.

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Learn about the rules related to surrender-

The thing to note is that if you surrender the LIC policy within three years after purchasing it, then you will not get even a single rupee. On the other hand, for a period of more than 3 years, you will get the surrender value as per the rules of LIC. LIC fixes a surrender value at the time of taking the policy. It is decided according to the policy. If you return the policy after 3 years, you will get that surrender value.

How much is the surrender value

According to LIC rules, if you have paid premium for a policy for three years, then in such a situation you will definitely get the surrender value. Bonus along with the premium paid will be multiplied by X factor of the surrender value to calculate the surrender value. This amount will be given to the investor at the time of surrendering the policy. Keep in mind that you do not get a single rupee surrender value on the premiums paid in the first year. In such a situation, the more late you surrender the policy, the more benefit you will get.

These documents will be required to surrender the LIC policy-

• Policy bond documents will be required
• lic surrender form
• LIC NFET Form-5074
• bank details
• ID Proof like Aadhaar Card, PAN Card and Driving License
• cancel check
• An application to LIC indicating the reason behind surrendering the policy.

Policy surrender process-

• To surrender LIC policy, go to LIC branch and take LIC surrender form, NEFT form.
• Fill both and attach it to your PAN card and policy bond.
• After this, submit an application by writing why you are leaving this policy.
• After this, LIC will cross check all the documents and return the policy money.

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Earlier you used to get these services from LIC branch only, but now you can get it on mobile. Even through SMS and phone call, you can avail its facility. LIC is now giving its customers the facility to view the statement online and get all the information related to the policy.

Some important things have to be done before taking the online service. First of all, registration has to be done for this in LIC. Your mobile number will also be registered in this. Your user account will be created on this basis. 

In this, you can know the status of your policy by entering all the details related to LIC policy. Along with this, you can get information about premium payment, how much bonus has been received, group scheme etc. To see the status of LIC online, you have to do these things-

• First of all go to the e-service portal of LIC. Here you will see two options on the screen – New User and Registered User. Click on the one you come to
• Proceed through login with username and password
• Once logged-in to LIC’s service account, many options related to policy and account start appearing here. Now you have to click on the policy status tab.
• Information about all the policies running from this account will be available here together. If you have more than one policy in your name but have not listed it, you can do so here. For this you have to click on the enroll policy option. It will be found in the e-services tools section.
• Now by entering your policy number, you can get its details. Along with this, information about policy name, policy term, table number, next premium due date, sum assured will be available simultaneously.

What should new policyholders do?

If you are a new policyholder and registering for e-service for the first time, then it will take some time. For this online registration form has to be filled. User name and password information will have to be given in this. After filling the form, a mail will be received from LIC on the registered email. There will be a link in it, on clicking which you will go to the LIC portal. You will be able to open your account using the username and password you entered in the form. Here first of all you have to give information about your policy number, date of birth, premium amount etc. After that press the submit button.

New user register yourself like this

• Go to the official website of LIC. Online services tab will appear on the left side of the home page.
• Click on the LIC e-services link here. From here you will go directly to the new page where the new user tab will appear.
• Here press the new user button. From here you will be redirected to a new page where the form related to the policy will have to be filled.
• Enter your correct number in the Policy Number field.
• Indicate the amount of premium you pay without GST.
• Fill the date, month and year of birth information.
• The policyholder must fill a mobile number on which premium payment alert, policy maturity alert and due premium information can be obtained.
• After this, the policyholder will also have to enter the active email ID.
• Now after entering the user id and password, press the submit button. Your registration will be completed and you will be logged into your account.

Receive information via SMS

Those who have not registered online can also get information through SMS on mobile phone. For this the policyholder has to send a message to 56767877. If you want to know the premium installment, then after ASKLIC, write the policy number then premium and send it to 56767877. If you want to know about the bonus amount, then after ASKLIC, write policy number, bonus and send it to 56767877. To know the revival amount, after ASKLIC, write policy number revival and send it to 56767877. A message will come immediately from there, in which complete information will be given.

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This policy is a premium term policy in which you have to pay the premium only till the time you have to run the policy. The most special thing about this plan is that in this you can create a fund of 25 lakhs by saving not much but very little money. So let’s know, we are giving information about the policy (Jeevan Anand Policy Details).

Through this policy, you can save a good amount of money for the future. By the way, many options are available in the market to make big funds by investing less. But before investing in any scheme, you must review all of them. It is necessary to do this because some schemes are such that not only does your money grow over time, but you also get some additional benefits.

Investing is very easy

Investing in this policy is very easy. If you also want to invest in this scheme, then you must have government documents. If you have Aadhaar card and bank account, then you can apply in this scheme without any tension.

Save 45 rupees daily

To invest in this policy, you will have to save 45 rupees i.e. 1358 rupees every day. With this small savings, you can create a fund of Rs 25 lakh on maturity. For this you have to invest in long term. For this, you can choose the maturity period up to 35 years. Apart from depositing Rs 1358 every month or Rs 45 every day, you can also deposit Rs 16,300 annually. By depositing this amount in this scheme for 35 years, you will get Rs 25 lakh on maturity.

You will get these benefits.

In this policy, the benefit of death benefit and rider benefit is also available. If a policyholder dies before maturity, then in such a situation the nominee of the policyholder will get the death benefit of up to 125%. In this scheme, you get the minimum sum assured of Rs 1 lakh. There is no maximum limit in this policy.

On the other hand, in Rider Benefit, you get the benefit of Accidental Death and Disability Rider, Accident Benefit Rider, New Term Rider, New Term Insurance Rider and New Critical Illness Benefit. You do not get any kind of tax exemption by investing in this scheme.

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If you like to invest in LIC’s policy. So you can get good returns by investing in this scheme of LIC. Because at present there are many types of options available for investment in India, but millions of people in the country rely on the investment of post office, LIC schemes. LIC is the largest and oldest insurance company in the country with lakhs of customers across the country.

LIC keeps bringing many types of schemes for the people of every region of the country. Many schemes are designed only for children. Telling you about such a policy, which you can buy to remove the stress related to your children’s school education. This scheme is called LIC Jeevan Tarun Policy.

LIC’s Jeevan Tarun plan is a non-linked limited premium payment plan. This LIC money-back plan gives the benefit of both protection and savings to the children. LIC Jeevan Tarun plan was specially created for children to take care of their growing financial and educational needs.

This is how the stress of parents will go away

To invest in LIC’s Jeevan Tarun plan, the child’s age should be at least 3 months and maximum 12 years. You can invest fully in this policy till the youth turns 20 years old. After the child turns 25, he can claim the total amount. Due to this, the stress of the parents regarding the expenses of the child’s college and marriage goes away.

Will get 7 lakhs on maturity

If a person buys this policy for a child at the age of 12 years and pays a small premium of Rs 150 per day, the annual premium would be close to Rs 54,000. In this case, in 8 years you will deposit Rs 4.32 lakh. In this, 2.47 lakh rupees will be given as bonus. In this scheme, by the age of 25, your child will become the owner of about 7 lakh rupees.

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All those women whose age is between 8 to 55 years are eligible to get the benefit of this scheme. If you also want to secure your future, then you can invest in this plan. Let us tell you about this policy in detail.

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. 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.

What is Cornerstone Policy?

If you want to buy LIC’s Aadhaar Shila plan, then you must have an Aadhaar card. Aadharshila Policy is a non-linked, participating, individual saving life insurance plan. This is a long term savings plan in which women from the age group of 8 years to 55 years can invest. 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 the benefit of 8 lakhs

if you start the scheme at the age of 30 years. 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 on maturity you will get a return of Rs 7,94,000. LIC’s Aadharshila plan provides both security and savings. Only those women can take advantage of this, whose Aadhaar card is made.

Details of Aadharshila Scheme

In this scheme, women get a sum assured of Rs 75,000 from a non-linked, participating, individual saving life insurance plan up to Rs 3 lakh. Along with this, the maximum age of maturity of this scheme is 70 years. This plan of LIC provides financial help to the policyholder and the family after his death.

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31st March Deadline: This policy is LIC’s Pradhan Mantri Vaya Vandana Yojana and Dhan Varsha policy. PM Vaya Vandana Yojana is a pension scheme in which you will get the benefit of fixed pension by investing.

Under PM Vaya Vandan Yojana, you can invest from Rs 1.5 lakh to Rs 15 lakh. Senior citizens will get a monthly pension of Rs 1,000 after investing Rs 1.5 lakh. At the same time, on investing a maximum of Rs 15 lakh in this, you will get a monthly pension of Rs 9,250. Keep in mind that if both husband and wife invest Rs 30 lakh, then they will get a pension of Rs 18,300.

Whereas LIC’s second policy is Dhan Varsha Plan. By investing in it, you get two types of options.

In one you get 1.25 times return. Whereas in the second option, you will get a return of up to 10 times. In this policy, you do not have to pay premium again and again. This is a gender premium policy.

It is worth noting that the deadline for both Pradhan Mantri Vaya Vandana Yojana and Dhanvarsha policy will end on March 31. LIC has not extended both these policies. In such a situation, there is a last chance to invest in both.

You can buy both the policies both offline and online. To buy online you can visit LIC’s official website www. Visit licindia.in. Whereas offline you can also buy it from any LIC branch.

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It is necessary to link PAN card with the policy (PAN link with LIC policy). Please tell that the government has extended the last date for linking PAN and Aadhaar to 31 March 2023. Market regulator SEBI has also set a similar rule and has asked investors to link their PAN with Aadhaar. Similarly, LIC has also been asked to link with PAN.

Government of India was issuing deadline for linking Aadhaar-PAN card for a long time. Even after this, many people did not link their PAN card with Aadhaar card. Even if you have not yet linked the policy with PAN, then you can do it online from home. Let us know its steps…

1. Provide PAN information along with the list of policies on LIC’s site.
2. Now enter your mobile number. An OTP will come on that mobile number from LIC, enter it.
3. After the form is submitted, you will get the message that the registration request is successful.
4. Now you will know that your PAN has been linked with the policy.

Check policy status sitting at home

>> To know the online status of LIC policy, first of all you have to visit the official website https://www.licindia.in/. To know the status here you have to register.
>> You do not have to pay any kind of charge for registration. For this you have to enter your date of birth, name, policy number. Once you have registered, you can check your status anytime.
>> If you want any information, you can also call on 022 6827 6827. Apart from this, you can also send a message by writing LICHELP <policy number> to the number 9222492224. Your money will not be deducted for sending messages in this.

How to get information through SMS

>> You can also get information about the status of the policy by sending SMS from mobile. For this you have to send SMS to 56677.
>> If you want to know the premium of the policy, then you can send SMS by typing ASKLIC PREMIUM to 56677.
>> If the policy has lapsed, then for this SMS will have to be typed ASKLIC REVIVAL.

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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

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But, after the introduction of UPI, now sitting at home, you can pay the premium of LIC in one click. LIC has given the facility of online payment gateway to its users. In this, you can renew the policy by paying your premium through the portal. Registered users of LIC can avail this facility.

Complete process of payment from website

To pay LIC premium online, first visit the official website. After this, click on the ‘Pay Premium Online’ link on the website. After this, the list of policies for which payment is due will appear in front of you. The user will have the choice to choose the policy for which he wants to pay the premium. After this you will be redirected to a page. Here you will find payment options of many banks and login pages of some selected banks. Bank’s site You can login using your net banking login id and password. You can make your payment once you are logged in. Once the payment is done, you will get an e-receipt.

Pay with UPI apps like this

You can also pay LIC premium through UPI apps like Google Pay, Paytm, Phone Pay. To pay premium through Google Pay, first download the Google Pay app from Play Store. After this create your Google Pay account. The option of ‘Pay Bills’ will appear in front of you in Google Pay. Scroll down to it and click on ‘View All’ option. After this tap on Insurance. Many options will come in front of you. You select LIC. Enter your policy number, email id and link the account. After this, click on the Proceed to Pay option to make the payment. Now select your bank and enter UPI ID. After this, make your payment by entering the UPI PIN.

Apart from Google Pay, this process is also followed in other UPI apps ie Phone Pay and Paytm. Let us tell you that if you want, you can make someone a nominee in your policy of LIC. If anything happens to the policy holder, then the nominee gets the benefit of the policy.

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On the other hand, LIC policyholders who have not registered their policy online, will have to first register their policy by visiting LIC’s official site to use the WhatsApp service. You will have to send message on WhatsApp from your registered mobile number with LIC. Customers will be able to get information related to policy services sitting at home by texting “Hi” on mobile number 8976862090.

Know what is the process

• 8976862090 has to be saved in your mobile phone first.
• This is the official WhatsApp number of LIC.
• After saving the number in the phone, you have to open WhatsApp.
• After this, the chat box has to be opened in WhatsApp with this number.
• After opening the chat box, you have to send by writing Hi.
• As soon as you send Hi by writing, you will get 11 options in LIC’s chat box.
• You just need information about the service from these options.
• The option number appearing next to it has to be sent by writing.

This facility will be available on WhatsApp Services

1. Premium Due
2. Bonus Information
3. Policy Status
4. Loan Eligibility Quotation
5. Loan Repayment Quotation
6. Loan Interest Due
7. Premium Paid Certificate
8. Statement of ULIP Units
9. LIC Service Links
10 .Opt In/Opt Out Services
11. End Conversation

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But, he wants to have assured income in his old age and wants to spend his old age peacefully without any worries. LIC has invited customers to buy the new Jeevan Shanti plan with revised rates.

The country’s largest insurance company LIC has increased the annual rates of ‘New Jeevan Shanti Yojana’ (Plan No. 858). New Jeevan Shanti plan is a single premium plan of the company.

Enhanced new rates applicable from this day

LIC said the plan with enhanced annuity rates will be available for sale from January 5, 2023. At the same time, the incentive for higher purchase price has also been increased. It ranges from Rs.3/- to Rs.9.75 per Rs.1000/- depending upon the purchase price and the moratorium period selected.

LIC New Jeevan Shanti Plan Minimum Annuity

• Monthly minimum annuity: Rs.1000 per month
• Minimum quarterly annuity: Rs.3000 per quarter
• Half yearly minimum annuity: Rs.6000 per half year
• Annual minimum annuity: Rs.12000 per year.
• New Jeevan Shanti Scheme Payment Method

According to LIC, the payout of New Jeevan Shanti plan is payable half-yearly, quarterly and monthly. Annuity will be payable in arrears i.e. after 1 year, 6 months, 3 months and 1 month from the date of vesting of annuity, depending on whether the mode of annuity payment is yearly, half-yearly, quarterly Or not. Annuity rates are guaranteed at policy inception, and annuities are payable when the deferment period expires for the remainder of the annuitant’s life.

Plan available in two options

LIC’s New Jeevan Shanti plan is available to the customers in two options. One is deferred annuity for single life and the other is deferred annuity for joint life. However, while taking the scheme, keep in mind that the annual option once chosen cannot be changed.

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Finance Minister Nirmala Sitharaman has shared many ways to save tax, through which you can save lakhs of rupees. Let us tell you how you can save tax up to Rs 8 lakh.

Apart from this, you will also get the benefit of exemption on home loan under section 24 (b) of the Income Tax Act . In this, you will get the benefit of exemption only on the interest paid on your behalf. You can claim tax exemption on interest up to Rs 2 lakh in this

Discount will be available on auto loan If you buy any electric vehicle under section 80EEB of the Income Tax Act and you have taken this vehicle on loan, then you will get a discount of up to Rs 1.5 lakh on it.

Exemption will be available in section 80C.

You can take advantage of the exemption of up to Rs 1.5 lakh under section 80C. Through this, you can claim exemption by investing money in many schemes including LIC policy, PPF, EPF, NSC.

Apart from all these, you will also get the benefit of exemption under 80C on the principal amount of the home loan. You cannot get more than Rs 1.5 lakh discount in this. Even if you have claimed any deduction earlier under 80C, you will get the maximum benefit of only 1.5 lakh.

You will get exemption from health insurance You can also save tax through health insurance. You can claim premium under section 80D. You get a discount of up to Rs 25,000 in this. If you have got your parents’ health insurance done, then you will get a full tax exemption of Rs 50,000.

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According to the information shared by LIC, the market share of LIC in October 2022 was 67.72 percent and the market share of private insurance companies was only 32.28 percent. At the end of FY 2022, the share of LIC in the insurance market was 63.25 percent and the market share of private insurance companies was 36.75 percent. If you have also bought LIC’s policy, then you can use LIC Credit Card to deposit the premium. With its help, you will get double benefit on depositing the premium.

These credit cards are lifetime free

LIC Cards Services Limited is a 100% subsidiary of Life Insurance Corporation. LIC issues co-branded credit cards in collaboration with Axis Bank and IDBI Bank. There are many advantages of these cards. These credit cards are lifetime free. You get complimentary points on issuance of the card. Apart from this, on depositing the premium, double benefit is available in the form of reward points.

LIC Signature Credit Card

LIC and Axis Bank together issue three types of credit cards. Their names are-LIC SIGNATURE CREDIT CARD, LIC PLATINUM CREDIT CARD and LIC TITANIUM CREDIT CARD. 2 Reward Points on Rs.100 on premium deposited with Signature Credit Card. You get 1 reward point for every Rs 100 spent on other types of spends as well. Apart from this, complimentary lost credit card liability insurance is available equal to the limit of the credit card. Personal accidental insurance cover of 5 lakhs and air accidental insurance cover of 1 crore is available. Fuel surcharge of 1 percent is waived off on this card. Transaction should be between Rs.400 to Rs.4000. Lounge facility is available at selected airports.

LIC Platinum Credit Card

Same facility is also available on LIC Platinum Credit Card. 2 reward points on depositing a premium of Rs.100. Complimentary Lost Credit Card Liability Insurance is available. Its limit is equal to the credit card limit. Personal accident insurance of Rs 3 lakh and air accident insurance of Rs 1 crore is available. Fuel surcharge of 1 percent is waived off on transaction at the petrol pump. A maximum of Rs 400 can be availed in a month.

LIC Titanium Credit Card

With the help of LIC Titanium Credit Card, you get 2 reward points for depositing LIC premium of Rs.100. 1 reward point for every Rs 100 spent on non-premium spends. However, this facility is not available on fuel, wallet and EMI transactions. Complimentary Lost Credit Card Liability Insurance is available, whose limit is equal to the credit card limit. Personal accidental cover is not available in this. Fuel surcharge waiver of 1 per cent is also available. This limit for one month is Rs 400.

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Today we will tell you about such a scheme of the government, in which you can get Rs 48 lakh at the time of maturity by investing Rs 70 daily. Let us know what is that plan of the government.

LIC launched this plan in the market

Life Insurance Corporation of India (LIC) has launched this scheme on behalf of the government. He has launched his new premium endowment plan in the market. This plan of LIC promises small investment and big returns. By taking this plan, you can fulfill your children’s education, loan repayment and future needs. Along with this, insurance cover and other tax related benefits have also been given in it.

Who can apply

According to LIC, people whose age is from 8 to 55 years, only they can apply in this scheme. If we talk about the term of the policy then it is 12 to 35 years. In this, the limit of minimum sum assured is Rs 1 and no limit has been kept for the maximum. If a person between the age of 18 to 35 years takes this plan, then he will have to invest around Rs 70 per day i.e. Rs 26,534 in a year. By doing this, he will get a sum assured of Rs 10 lakh. In the second year this premium will come down to 25962. In this way, on maturity, you can get Rs 48 lakh.

Invest any amount

If after reading about the plan you have also made up your mind to take it, then you can go to any nearest LIC office and buy it there. If you want, you can invest any amount in it. On reaching LIC office, you can get more detailed information about this.

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Most people in the country consider Life Insurance Corporation of India (LIC) to be the safest option for investment. LIC brings insurance policies keeping in mind every need of the customers. In LIC, you can choose the premium amount, payment time and maturity time according to your needs.

Here you are being told about a similar policy of LIC in which more importance has been given to the safety of the family. LIC’s Jeevan Labh Policy is a limited premium payment non-linked, with profit endowment plan. This plan provides financial support to the family in case of the unfortunate death of the policyholder at any time before maturity and a substantial corpus to the surviving policyholder. In a way, by investing Rs 260 daily in this policy, you can get Rs 54 lakh on maturity.

Benefits of LIC Jeevan Labh Policy

If the life assured is alive till the maturity of the Jeevan Labh policy plan, he/she gets full Sum Assured along with Reversionary Bonuses and Final Additional Bonus. The insured pays the premium for the time period of 10, 13 and 16 years. They will get money on maturity after 16 to 25 years. The minimum age for taking LIC Jeevan Labh policy is 8 years and the maximum age is 59 years. A person aged 59 years will get only insurance with maturity of 16 years. So, that the age of the insured at the time of maturity does not exceed 75 years.

Will get Rs 54.50 lakh on maturity – this is the complete calculation

If you are 25 years old and you buy LIC Jeevan Bima Labh policy for a maturity period of 25 years, you will get Rs 54.50 lakhs on maturity. For this, you will have to pay around 20 lakh rupees in 25 years for basic insurance. That is, you will have to pay a premium of around Rs 92,400 annually. If this premium is calculated on a daily basis, then about Rs 260 is made daily. After this you will get Rs 54.50 lakh on maturity.

LIC Jeevan Labh Policy

This is a non-linked plan from the stock market. Means, its money is not invested in the stock market. If the insured dies before the maturity of the plan, then this plan gives money to the family. If the insured is alive till the maturity of the policy, then he gets the money. LIC’s Jeevan Labh plan has to pay premiums for a limited period of time.

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LIC has many policies keeping in mind the personal needs of the people. Very little money is needed to invest in them. One such plan of LIC is Jeevan Labh (LIC Jeevan Labh Policy). This is a limited premium paying non-linked, with profit endowment plan. This plan provides financial support to the family in case of unfortunate death of the policyholder at any time before maturity and by creating a substantial corpus to the surviving policyholder.

What is LIC Jeevan Labh Policy?

LIC’s Jeevan Labh plan is to pay premiums for a limited period of time. This is a non-linked plan from the stock market. Means, its money is not invested in the stock market. If the insured dies before the maturity of the plan, then this plan gives money i.e. security to the family. If the insured is alive till the maturity of the policy, then his money is received.

Benefits of LIC Jeevan Labh

If the life assured is alive till the maturity of the plan, he/she is given full Sum Assured along with Reversionary Bonuses and Final Additional Bonus together. The insured can pay the premium for a time period of 10, 13 and 16 years. They will get money on maturity after 16 to 25 years. The minimum age for taking LIC Jeevan Labh policy is 8 years and the maximum age is 59 years. A person aged 59 years will get only insurance with maturity of 16 years. So, that the age of the insured at the time of maturity does not exceed 75 years.

Will get Rs 54.50 lakh on maturity

If you are 25 years old and you buy LIC Jeevan Bima Labh policy for a maturity period of 25 years, you will get Rs 54.50 lakhs on maturity. For this, you will have to pay around 20 lakh rupees in 25 years for basic insurance. That is, you will have to pay a premium of around Rs 92,400 annually. This is around Rs 260 per day. After this you will get Rs 54.50 lakh on maturity.

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LIC Policy Status : Many schemes are being run by LIC, but today we will tell you about a policy through which you can earn Rs 36000 per month. LIC is also giving investors an opportunity to earn every month. Apart from this, the security of life and the guarantee of Rs.

Resuming plan

The name of this policy is LIC Jeevan Akshay Policy and this scheme is being started once again by the company. Under this policy, you can earn for life by paying installment only once. Jeevan Akshay Policy is a single premium non linked non participating and personal annuity plan.

There is no limit of maximum investment, let us tell you if you want to invest a little money, then you also have the option of pension of Rs 12000 annually. On the other hand, if you have more money to invest in, then you can choose other options. You can earn every month even by investing only 1 lakh rupees. On investing 1 lakh, you will get 12000 rupees every year. At present, there is no maximum investment limit in this scheme.

Who can take advantage of this policy

>> People from 35 years to 85 years can take this policy.
>> Apart from this, disabled people can also take advantage of this policy.
>> In this policy, you can take advantage of the option of getting pension in 10 ways.

How to get Rs 36000 per month To get Rs 36000 per month in this policy, you have to select the option of Annuity payable for life at a uniform rate. In this, you will get a lump sum pension every month. For example- If any 45 years old person takes this plan and opts for Sum Assured option of Rs 70,00,000 then he will have to pay a lump sum premium of Rs 71,26,000. After making this investment, he will get a pension of Rs 36429 every month. Let us tell you that after the death of the person, this pension will stop.

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The country’s largest and trusted insurance company i.e. Life Insurance Corporation of India (LIC) had closed one of its very popular insurance policy Jeevan Akshay Policy, but now it is being started once again. Under LIC Jeevan Akshay policy, the policyholder gets an opportunity to avail pension for life after paying the installment only once.

No maximum investment limit

Jeevan Akshay Policy is a single premium non linked non participating and personal annuity plan. The policy can be started by investing at least Rs 1,00,000 in this. There is no limit on the maximum investment in this policy.

If a person invests at least one lakh rupees in this policy, then they will get an annual pension of Rs 12,000. This means that on a one-time investment of Rs 1 lakh, you will get Rs 12,000 as pension every year. Since there is no maximum investment limit, the policyholder can invest as much as he wants in it. The amount of pension will depend on the amount invested.

What is qualification?

Talking about eligibility, people of 35 years to 85 years can take this policy. Apart from this, people with disabilities can also take advantage of this policy. A special feature of this policy is that 10 options are also given for how to get the pension amount.

How to get a pension of 36 thousand rupees every month?

By choosing the option of Annuity payable for life at a uniform rate of Jeevan Akshay policy, you can get a pension of 36 thousand rupees every month by investing a lump sum in this policy. For example, if a 45-year-old person opts for this plan and also opts for the sum assured option of Rs 70,00,000, then he will have to pay a lump sum premium of Rs 71,26,000. After this investment, he will get a pension of Rs 36,429 per month. However, this pension will stop after death. LIC There are many such plans in the Jeevan Akshay policy.

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Pension is such a word, wherever it is talked about, people listen carefully, people also compare each other that the pension of a government employee is so much that even after retirement, they have no tension to run the house. does not live. On the other hand, there is no such facility for the employees of Pradwaya company and those who do business, although now the government has issued new pension plans in view of such problems. Similarly, LIC has also come up with such a plan, under which you will have to invest only once, after that you will be given pension for life by LIC.

Jeevan Akshay plan

Investing in Life Insurance Corporation of India (LIC) is considered safe as it is the largest and government insurance company in India. If you also want to buy a good LIC policy, then today we are telling you about Jeevan Akshay plan. You will have to invest only once in this policy, after that you will be able to get pension on every month, quarter, half yearly and yearly basis.

Will get a pension of 20 thousand rupees every month

If the age of the investor is 75 years, then he will have to deposit a lump sum premium of Rs 610800. On this his sum assured amount will be Rs 6 lakh. In this way, annual pension will be Rs 76 thousand 650, half yearly pension will be Rs 37 thousand 35, quarterly pension will be Rs 18 thousand 225. At the same time, you will get a monthly pension of 6 thousand 08 rupees. Under Jeevan Akshay plan, there is an annual pension of Rs 12000. Let us tell you that this pension will continue to be available to the investor till his death. If you want to take a pension of 20 thousand rupees every month, then you have to invest 40,72,000 rupees at a time.

Benefits of the policy

There are many other benefits of this plan. For example, you can take a loan only after three months of purchasing this policy. Let us tell you that the maximum limit for investment in this policy has not been fixed i.e. you have to invest at least Rs 1 lakh in this scheme.

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Now this rule has also become mandatory. If you have not made a nominee at the time of taking the policy and an accident happens to you, then your loved ones may have been deprived of the amount. That is, the biggest advantage of this is that the family will not have any problem in getting the claim of the policy and unnecessary disputes can also be avoided. Let us know about it in detail.

How to make more than one nominee

Normally people make their spouse the nominee. But if you want to divide your money between two people. Like wife and child or wife and brother or mother. In that case, you can buy more than one policy and create separate nominees for the two policies. Or you can decide the share of more than one person at the time of buying the policy and make them a nominee. For this, a written undertaking can be taken from the insurer while purchasing the policy.

Keep in mind while choosing

the nominee, decide the name of the nominee at the time of taking the policy. But keep in mind that choosing the right nominee for the policy is also very important. If you are the only earning member in your family, then choose the person of the family for the nominee who is capable of taking financial responsibility in your absence. Mostly this responsibility is borne by the spouse, then you can make him a nominee. In such a situation, the members of your family will definitely get help.

Nominees can change with time

• Policyholder can also change his/her How To Change Nominee with time.
• If a nominee dies or gets employment and another member needs more money, the nominee can be changed.
• Apart from this, the nominee can also change in the event of marriage or divorce.
• For this, you download the nominee form from the website of the insurance company or collect this form from the office.
• Fill the details of the nominee in the form.
• Now submit the copy of the policy document and the documents of your relation with the nominee.
• If there is more than one nominee, then also decide the share of each.

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This scheme has been made keeping in mind the needs of women. Women gradually save some money in the house and LIC You can accumulate big money by investing in the scheme. LIC Women of 8 to 55 years can invest in this scheme. If you deposit Rs 29 daily in this scheme, you can get Rs 4 lakh on maturity. Let us know about this scheme in detail.

Big returns will be available on this plan of LIC

Let us understand this with an example. If you deposit Rs 899 (about Rs 29 daily) every month for 20 years, then in the first year you will deposit only Rs 10,959. If you deposit Rs 899 every month for 20 years, then in 20 years total investment of Rs 2 lakh 14 thousand will be there. In which you will get 3 lakh 97 thousand rupees on maturity of the policy. By investing in this policy, women can secure their future and can collect a hefty amount after 20 years.

Know what is the condition?

LIC’s Aadhar shila plan provides both security and savings. Only those women can take advantage of this, whose Aadhar card is made. This plan of LIC provides financial help to the policyholder and the family after his death. On maturity of the policy, the policyholder gets the money.

What is policy?

Under LIC Aadhar Shila plan, the basic sum assured minimum is Rs 75000 and the maximum is Rs 3 lakh. The policy tenure is minimum 10 years and maximum 20 years. A woman of 8 to 55 years can invest in LIC’s plan. The maximum maturity age in this is 70 years. The premiums in the plan are paid on monthly, quarterly, half yearly or yearly basis.

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Rs 200 will have to be deposited every day, in this policy, investors have to invest Rs 200 every day i.e. Rs 6000 in a month. If you invest money in it for 20 years, then you get the benefit of full 28 lakhs on maturity (LIC maturity). Apart from this, you will also get risk cover in this.

1. Regular premium has to be paid in Jeevan Pragati plan.
2. In this policy, you also get a life cover (Death Benefit) which increases every 5 years.
3. The term of this policy is minimum 12 years and maximum is 20 years.
4. The maximum investment age of this policy is 45 years.
5. There is no maximum investment limit in this.
6. This plan gives the benefit of non-linked, savings and protection.
7. In this you have to pay premium on yearly, quarterly and half yearly basis.

The nominee gets the money.

If the depositor dies during the policy, then the policy money will be given to his nominee. The most important thing about LIC Jeevan Pragati Plan is that the risk cover of the investors increases every 5 years. That is, the amount you get increases in 5 years.

Let us tell you that if you have deposited money in this policy for 3 years and you want to surrender it later, then the policyholder gets the surrender value back.

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The name of this special scheme of LIC is LIC Saral Pension Yojana. Today we are going to give you complete information about this scheme in this news. Also, let us tell you that this is a scheme of LIC, so there is no risk of money in it.

What is LIC’s Saral Pension Scheme

To take this scheme, you have to pay a premium once. After this you will get pension for whole life. On the other hand, if the policyholder dies, then his nominee will get back the lic investment amount.

The special thing about this plan is that it gives the same return throughout life. The minimum age for investing in this scheme is 40 years and the maximum age is 80 years. LIC scheme can be bought by an individual alone or husband and wife together are also eligible to invest in this scheme. At the same time, the policyholder can surrender this policy at any time after 6 months.

In this way you will get Rs 12000 pension every month

There are 4 options to take pension in LIC Saral Pension Plan. You can get monthly, quarterly, half yearly or yearly pension. In this scheme, monthly pension minimum will be Rs 1000, quarterly pension minimum is Rs 3,000, half yearly pension minimum is Rs 6000 and annual pension will be minimum Rs 12000.

There is no limit on the maximum pension amount in LIC scheme. For example, if you invest at the age of 42 and you are buying an annuity of Rs 20 lakh, you will get a pension of Rs 12388 per month.

Loan is also available in this scheme

Loan facility is also available in LIC’s scheme. Customers can apply for a loan after 6 months of purchasing the scheme. Apart from this, if you need money for the treatment of any disease, then you can easily withdraw the money deposited in the policy. On surrendering the policy, the customer will get back 95% of the base price.

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The name of this plan of LIC is Shiromani Yojana. Good returns can be taken by investing in this policy. Good cover for illness too LIC Life Shiromani Plan (LIC Jeevan Shiromani Plan) offers the best cover for illness. The duration of this plan has been fixed in a range of 4 levels. Which includes 14, 16, 18 and 20 years.

The age of the policy taker has been fixed at 18 years and maximum 55 years. The minimum sum assured value under this scheme is Rs 1 crore. As per the rules, in this particular policy, money has to be deposited for 4 years, in which the policyholder is also getting loan and survival benefits.

30 per cent of Basic Sum Assured on 10th and 12th year of 14 year policy, 35 per cent on completion of 14 years after 12th policy term of 16 years, 40 per cent on completion of 14th and 16th year of 18 year policy 20 On completion of 16th and 18th year of the policy term of the year paralysis and 45% of Basic Sum Assured is given.

These documents will be needed

The documents have to be submitted in the paralysis section for availing LIC’s Jeevan Shiromani plan. The policyholder is required to provide his ID proof, proof of date of birth, address proof, photograph of the holder and bank details.

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