LIC Kanyadan Scheme: If you’re checking out kanyadan yojana 2023 then you’re at the proper place here is all information available about LIC Kanyadan Scheme Like Eligible criteria, important document, benefits, rules, and also LIC kanyadan policy online apply so this is often the right place to understand about this scheme.
LIC Kanyadan Scheme Save 121 Rs Per Day for Daughters’ Marriage
Using LIC kanyadan yojana calculator you’ll calculate installment, premium, benefits, and more. Also, LIC kanyadan policy premium chart Available on the LIC Policy document so you’ll easily know it . Sukanya Samriddhi schem and LIC kanyadan policy are different but both are the simplest Scheme for the daughter.
LIC Kanyadan Yojana the way to Apply ?
In India, when a daughter is born, the householder gets very worried, for which she is afraid of giving birth to girls. The biggest reason for this is dowry, which is very difficult for a middle-class family to collect. But those who are a little poorer have a little more trouble with their daughter’s marriage.
But now there is good news for her parents for a better future for their daughters, which is why LIC will be investing in them. Today we are going to tell you about it in which you will get this good return of LIC. The name of this LIC plan is Kanyadan Policy.
Learn a few special things about the policy
The age for taking the LIC Kanyadan policy should be from one year to 20 years, and this plan will be up to 5 years. But the premium has to be paid for 3 years only. But you also get the policy according to the different ages of your second daughter, in which the time limit of this policy will be reduced according to the age of the daughter.
Add Rs 151 per month for daughters’ marriage: In this LIC Kanyadan policy, you can get a plan of around Rs. 200 per month at Rs. 151 per day.
take a look at this policy
- Premium has to be paid for 5 years.
151 per day or Rs. 500 per month.
In the meantime, if the insured dies, the family will not have to pay any premium.
If the insured dies, the daughter will get Rs 1 lakh every year during the year between the policies.
Upon completion of the policy, the nominee will get Rs 5 lakh.
This policy can be taken with more or less premium.
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Key Features of LIC Kanyadan Policy
The plan comes out with great features. Some of them are mentioned below
Offers to protect your daughter’s future financially independent.
offers cover for life risk over a certain period of time up to 3 years before the maturity date.
The insured will get a lump sum amount at the time of maturity.
In case the father expires, then the premium is waved off.
Immediate payment of Rs. 10 lakhs in the case of an accidental demise.
Immediate payment of Rs. 5 lakhs in the case of non-accidental/natural dmise.
Rs. 50,000 will be paid every year until the maturity date.
Full maturity amount will be availed at the time of maturity.
Those who stay outside India can also go for this plan without visiting in the country.
The policy also has some mix features of the LIC Jeevan Lakshya policy.
Eligibility Criteria for LIC Kanyadan Yojna
The policy can be purchased only by the father of the daughter and not by the daughter herself.
The age limit for buying the plan should be at least 18 years and not more than 50 years.
Daughter’s age should be at least 1 year at the time of purchasing the policy.
The minimum Sum Assured at the time of maturity is Rs. 1 lakh.
The maximum Sum Assured at the time of maturity has ‘No Limit’ (depends on the cost of premiums paid by the policyholder).
LIC Kanyadan Scheme : Click Here