LIC Schemes: Life Insurance Corporation of India, LIC is a platform where people invest money to get great returns. This veteran insurance company continues to offer a variety of policies.
LIC Schemes: Life Insurance Corporation of India, LIC is a platform where people invest money to get great returns. This veteran insurance company continues to offer a variety of policies.
Today we are telling you about two such schemes of LIC which are going to be closed from this month itself. These schemes are Pradhan Mantri Vaya Vandana Yojana (PMVVY) and LIC Dhan Varsha Scheme. Let’s know in detail…
Pradhan Mantri Vaya Vandana Yojana- PMVVY
This is a pension plan of LIC. The government will close this scheme on 31st March. That is, if you want to join this scheme, then you have only 10 days left. In this, investors get the benefit of 7.4 percent per annum interest rate on monthly investment. The benefit of this rate of pension can be taken till 31 March 2023.
Let us tell you that the Central Government has started a pension scheme called Pradhan Mantri Vaya Vandana, which was started on 4 May 2017. In this, the maximum pension of Rs 1.20 lakh is available annually.
LIC Dhan Varsha Scheme-
LIC Dhan Varsha plan is a non-linked, personal, savings and single premium insurance plan. You have two investment options under LIC’s Dhan Varsha scheme. In the first, the return of premium is up to 1.25 and in the second, on the death of the policyholder, his family gets a strong return of up to 10 times.
