New Delhi: For the better fate of girls, the government is running many plans (Best speculation plans). In such a circumstance, the Life Insurance Corporation of India (LIC) has thought of an exceptional plan remembering the little girls. Its name is LIC Kanyadaan Policy. This plan of LIC assists the guardians of low pay with bringing in cash for the marriage of girls.
Under LIC Kanyadaan Policy, an investor should deposit Rs 130 every day (Rs 47,450 yearly). Premium will be paid for under 3 years of the policy term. Following 25 years, LIC will pay him around Rs.27 lakhs.
Will get Rs 27 lakh before marriage
The minimum maturity time of this policy is 13 years.If the insured individual passes on because of any explanation, the individual should pay 5 extra lakh rupees for LIC.If an individual takes insurance of Rs 5 lakh, he should pay a regularly scheduled payment of Rs 1,951 for quite a long time. On consummation of time, Rs 13.37 lakh will be gotten from LIC. Also,after that an individual takes insurance of 10 lakhs, he should pay a portion of Rs 3901 for the month. 26.75 lakh will be paid by LIC following 25 years.
Who can take the policy
LIC Kanyadan policy can be taken by the dad of the age of 18 to 50 years. The age of the girl ought to be something like 1 year. This LIC Kanyadan policy plan can likewise be accessible as per the different period of you and your little girl. The time limit of this policy will be decreased by the age of the girl. To pay pretty much premium then he can join this policy plan.
Tax Exemption will be accessible
Under Section 80C of the Income Tax Act 1961, an investor can guarantee tax exception on the premium paid. Tax exclusion is maximum up to Rs 1.50 lakh. Clarify that for applying for this plan, significant documnets like Aadhar Card, Income Certificate, Identity Card, Birth Certificate are required.
