LIC Kanyadan Policy: In this scheme, on daily investment of Rs 121, you will get Rs 27 lakh on maturity...
LIC offers many types of insurance policy plans. Many of these plans have been started for daughters.
To eliminate the tension between daughters' education and marriage, today we will tell you about the LIC Kanyadan Policy.
What is LIC Kanyadaan Policy
LIC Kanyadaan Policy has been started for the secure future of the daughter. You can start this policy to meet your daughter's education or marriage expenses. In this policy, you have to deposit Rs 121 daily i.e. you have to invest Rs 3,600 every month.
The maturity tenure of the LIC Kanyadaan policy is 25 years. After maturity, the investor gets a profit of Rs 27 lakh.
In this, you can choose the maturity period from 13 to 25 years. If you invest Rs 75 daily i.e. Rs 2,250 per month, then on maturity the investor will get Rs 14 lakh.
In this policy, the investor can increase or decrease the investment amount. Let us tell you that the fund changes depending on the investment amount.
Here is the feature of LIC Kanyadaan Policy
In this plan, the age of the daughter should be at least 1 year. The investor also gets the benefit of tax benefits in the LIC Kanyadaan Policy. In this, you can claim tax deduction under Section 80C of the Income Tax Act 1961. The policy offers tax benefits of up to Rs 1.5 lakh.
If the policyholder dies, a provision amount of up to Rs 10 lakh is given to the family member. At the same time, after completion of the maturity period, the nominee gets Rs 27 lakh.
This document is important
Aadhaar Card
Income Certificate
Address proof
passport size photo
Daughter's Birth Certificate
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