Save and invest ₹45 daily to build a fund of ₹25 lakh; find out about the scheme..

Investing is crucial for securing your future, as needs like retirement, children's education, and a daughter's wedding can only be met through savings and investments. It is a significant achievement when small, regular savings can grow into a substantial corpus. Furthermore, if your investment ensures financial support for your family in the event of your untimely demise, it becomes a secure investment offering guaranteed returns. LIC offers a plan that combines small investments with substantial returns and life insurance coverage.

Under this LIC scheme, by saving and investing ₹45 daily—or paying the equivalent LIC premium—you can accumulate a corpus of up to ₹25 lakh. Let us tell you more about this scheme.

**How ​​to build a ₹25 lakh corpus**
This LIC scheme is known as the 'New Jeevan Anand Policy'; it is a plan that offers the dual benefits of savings and insurance. Investing in it not only provides a lump sum upon maturity but also ensures that your family receives life insurance benefits should you pass away during the policy term. To avail of this scheme, you need to save ₹45 daily, amounting to ₹1,350 per month. You invest this amount regularly for a period of approximately 30 to 35 years. Upon maturity, you can receive a total sum of ₹25 lakh.

**Benefit of bonuses**
The New Jeevan Anand Policy also offers the benefit of bonuses. Periodic bonuses are awarded, increasing the total payout for policyholders at maturity. The scheme provides the full corpus upon maturity while maintaining life insurance coverage throughout the policy term. You receive guaranteed and secure returns at maturity; there is no risk involved, and a substantial fund is created for your family.

However, the specific investment amount (such as the ₹45 figure) depends on the premium, which is determined based on your age. If you are considering investing in this scheme, you should first consult a financial advisor to determine how beneficial it would be for you. According to experts, investing at a younger age yields greater benefits.

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