Rs 27 lakh for daughter's marriage, only Rs 121 premium; Learn the whole information

 LIC scheme: Rs 27 lakh for daughter's marriage, only Rs 121 premium;  Learn the whole information

If you want to make your daughter's wedding a success, LIC has come up with a plan for you: LIC Kanyadan Policy.

After taking this policy, you will be free from the worries of daughter's marriage.  As the name suggests, this policy is designed only for the marriage of special daughters.  Let us give you complete information about this policy

 In this policy you have to pay a premium of Rs. 121 per day i.e. about Rs. 3600 per month.  You can also take this policy at a lower premium if you want.  But the amount from this will also be less.  By investing Rs 121 per day, you will get Rs 27 lakh after 25 years.

Death benefits are also included in the policy :

 God forbid but if the policyholder dies after taking the policy, his family members will not have to pay premium.  If the death is accidental, the family will get Rs 10 lakh.  If the death occurs under normal circumstances, Rs 5 lakh will be given.  The family will also get Rs 50,000 every year till maturity.  That is, the plan also includes Death Benefit.  An amount of Rs 27 lakh will be given to the nominee after 25 years.

What are the terms of taking a policy? :

 If you want to take a policy for your daughter, you should be at least 30 years old, daughter should be at least 1 year old.  The policy is for 25 years, but the premium has to be paid for 22 years only.  No premium will have to be paid for the remaining 3 years.  But it should also be noted that the duration of this policy can also be reduced according to the age of the daughter.

Can also be used for learning :

 The limit of this policy can also be set at 13 years instead of 25 years.  These funds can be used for her daughter's marriage as well as her education.  All in all, looking at this policy frees you from the worries of both your daughter's marriage and education.

Important Link :

Click Here To Gujarati News Report

What documents will be required? :

 To fill up the form you will need Aadhaar card, income certificate, identity card, address proof and passport size photo.  In addition, a check or cash along with the application form and birth certificate signed for the first premium will have to be given.