LIC Scheme: The purpose of this policy of LIC is to improve the future of the daughters of the families of poor and weaker sections.
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LIC donation policy: If you want to make your daughter’s future better, then you can get good returns by investing in this scheme of LIC. Because LIC Kanyadan policy has been started by the life insurance company. This is a better scheme for all those citizens of the whole country who have small daughters in their homes and are worried about the future of their daughters and their education. Now you don’t need to worry. lic kanyadan policy Under this you can invest for your daughter’s marriage and her future.
The purpose of this policy of LIC is to improve the future of the daughters of poor and weaker section families. By investing under this policy, a father can save for his daughter’s good and higher education, marriage and future. Through this policy, by depositing Rs.121 per day and Rs.3600 as premium per month for 22 years, Rs.27 lakh is given to the insured on completion of policy time (25 years). Which can be used for the daughter’s marriage or her education.
If you are a father and want to take advantage of this policy, then for this you have to fulfill certain eligibility criteria to apply for Jeevan Bima Kanyadan policy. Those who will fulfill these eligibility/criteria of this application, only they will be able to avail the benefits of this scheme.
- The applicant should be a permanent citizen of India.
- Daughter’s father will be eligible to apply for this scheme.
- The age of the beneficiary girl child should be at least 1 year.
- The minimum age of the applicant should be between 18 years to 50 years.
- The account of the applicant should be open in any nationalized bank.
Documents required for application
- Aadhar Card
- Address proof
- Voter ID
- daughter’s birth certificate
- passport size photo
- bank account passbook
do the calculation like this
Calculating LIC Kanyadan policy is very easy and can be easily understood through steps. In this policy, the beneficiary person will have to deposit money. You have to deposit Rs 47,450 in a year, that means you have to pay Rs 130 on every day of the year. In this case the premium for the policy is to be paid for less than 3 years of the relevant time period in which the Kanyadan policy is in force. After this, 27 lakh rupees will be given to LIC on behalf of the policyholder in 25 years. Under this policy, this time limit has been fixed at least 13 years and maximum 25 years.
Tax benefits will be available in LIC Kanyadan scheme
Under this insurance plan of LIC, the policyholder is given exemption on installment as per section 80C of the Tax Act 1961. The insured can get this rebate up to Rs 1.5 lakh. Similarly, according to section 10(10D), exemption is also given on the amount of policy maturity or death claim.
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