Similarly, LIC also keeps coming up with different types of plans for people of different ages. Being a government unit, there is little risk of losing money here. That’s why people are associated with many of its policies. One such policy is also for women, in which you can collect up to Rs 11 lakh on daily savings of Rs 87. So without any delay, let us know about this policy of LIC.

This is the policy

• Actually, the name of this policy of LIC is LIC Aadhar Shila Plan. Women can get a good amount by investing in it. For this, women will have to save Rs 87 daily, after which you will accumulate Rs 31 thousand 755 annually.

• Talking about the maturity of this Aadhar Shila plan, its duration is 70 years. At the same time, by investing in this scheme, you can get a benefit of up to Rs 11 lakh at the time of maturity.

• Whereas, the minimum sum assured in this scheme of LIC is Rs 75 thousand. Whereas, the maximum sum assured is Rs 3 lakh. At the same time, the minimum policy term of this scheme is 10 years and maximum is 20 years.

Who can join?

• If your age is between 8 to 55 years, and you are a woman then you can join this Aadhar Shila scheme of LIC. In such a situation, if you are planning to save money, then this scheme may be better for you.

The post What are the premium and benefits of LIC Aadhaar Shila? first appeared on Rightsofemployees.com.

Let us tell you that LIC’s Aadhar Shila Plan customers get good returns apart from saving money. Apart from this, customers get their money back immediately on maturity. Under this plan, the family gets the money even after the death of the policyholder.

Know what is the specialty of the policy-

• LIC Aadhaar Shila Yojana has been specially designed for women.
• The minimum policy term is 10 years and maximum is 20 years.
• The maximum age of maturity in the plan is 70 years.
• The facility of loyalty addition on maturity is also provided in case the policy holder dies after 5 years of taking the policy.
• A lump sum amount is also provided at the end of the policy term.
• Under this plan, you can invest a minimum of Rs 75000 and a maximum of Rs 3 lakh.
• The premium payment of this plan is done on monthly, quarterly, half yearly or yearly basis.

Know how to get 4 lakh rupees?

Let us tell you by example how you can get Rs 4 lakh. Suppose at the age of 30, if you had deposited Rs 29 every day for 20 consecutive years in this scheme at the age of 30 and you would have deposited a total of Rs 10,959 in the first year. Now you will also be taxed on it at the rate of 4.5 percent.

At the same time, next year you will have to pay Rs 10,723 in it. In this way, you can deposit these premiums on every month, quarter, half yearly or yearly basis. You will have to deposit Rs 2,14,696 in 20 years and you will get a total of Rs 3,97,000 at the time of maturity.

The post LIC’s great plan, get full 4 lakhs by investing just Rs 29! You will get big profit on maturity first appeared on Rightsofemployees.com.