LIC Scheme: The Life Insurance Corporation of India, or LIC, has occasionally offered its clients the finest plan. You can pay premiums under this LIC plan on a daily, monthly, or quarterly basis. Then, after a while, you receive a nice, special sum from LIC. SC has informed you about LIC's Life Base Rock Scheme, which allows you to invest 50 rupees every day and receive up to 6 lakh rupees in money.
Only women are eligible for LIC's Aadhaar Rock policy. With little savings, women might get a sizable sum of money when they reach adulthood under this plan. In the event that the policyholder passes away for any cause, his family will also receive financial support.
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Why is this LIC plan unique?
The minimum age to participate in this LIC plan is eight years old, and the maximum age to invest is fifty-five. You can invest in the LIC Aadhaar Shila Scheme for ten or twenty years. At the same time, the insurance sum under this policy is between 2 lakh and 5 lakh rupees. At the same time, you can also take out a loan on the policy three years after paying the initial premium.
How can I get 6.5 lakh rupees when I mature?
If a woman invests in a 20-year life base rock plan at age 21, she will have to pay a premium of Rs 18,976 per year, which adds up to 380,000 rupees over 20 years. At maturity, you will receive 6 lakh 62 thousand rupees, of which Rs 1.62 lakh will be a loyalty edition and Rs 5 lakh rupees will be the original insured.
Let us clarify that, although we have provided the potential calculation here, it will not be applicable to the 8-year-old girl's plan since the premium amount will be lowered. Therefore, kindly get in touch with the Indian Life Insurance office once before making an investment in the Aadhaar Shila Scheme. Policyholders can also take maturity money in installments each year under this plan.
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