LIC Aadhar Shila Yojana provides auto cover as well as loan facility. Under this policy, if you invest Rs 29 daily, then you can get an amount of Rs 4 lakh.
People plan to invest in many government schemes ranging from LIC to LIC, so that there is no shortage of money in the future and people can fulfill their needs. There are many such policies are given by LIC, in which you can make good profits by investing. If you also want to invest, then you are being given information about such a scheme, which will give you 4 lakh rupees on the investment of very little money.
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Investing in this policy of LIC gives guaranteed returns without any risk
Investing in this policy of LIC gives guaranteed returns without any risk. This scheme of life insurance is a foundation stone policy, which can be opened only for women. It is a non-linked, participant and individual insurance plan, in which girls can also invest. It guarantees safety as well as savings. Apart from this, it also provides death benefit and lump sum amount at the time of maturity .
Apart from this, LIC Aadhar Shila Yojana provides auto cover as well as loan facility . Under this policy, if you invest Rs 29 daily, then you can get an amount of Rs 4 lakh.
this policy, if a policyholder invests Rs.30 every day, then his investment will be around Rs.10,950 in a year. Similarly, if this investment continues for 20 years, you will invest an amount of Rs 2,19,000 in 20 years. After this, you will get an amount of 3 lakh 97 thousand on the completion of 20 years of maturity.
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Features and Benefits of Aadhar ShilaÂ
minimum Basic Sum Assured under this policy plan is Rs.75,000 per person. Whereas the maximum Basic Sum Assured under LIC Aadhar Shila Yojana cannot exceed Rs.3 lakh. This means that the maximum investment that can be made in LIC Aadhar Shila policy is Rs 3 lakh. The maturity period of this policy can range from 10 years to 20 years. Under this plan you can pay the premium on monthly, quarterly, half yearly or yearly basis.
Who can avail benefits
According to the LIC website, any woman between the age group of 8 to 55 years can take advantage of this scheme. This plan is available for standard healthy living without any medical check-up. The policy can be surrendered by the policyholder at any time during the policy term, however, premiums for two full years are required to be paid.
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