LIC Special Scheme: Invest only this much money every day, you will get 27 lakhs, know how

LIC Kanyadaan Policy: Life Insurance Corporation of India (LIC) offers policy plans for every category. Many policies have also been started for daughters. Many policy schemes have been introduced especially keeping in mind the expenses of education and marriage, so that parents do not have to face financial problems. One such scheme is LIC's Kanyadaan Policy. You can earn big money by investing in it every day.

LIC's Kanyadaan Policy is a safe plan, which was launched for daughters. You can start this policy to meet your daughter's education or marriage expenses. In this policy you will have to deposit Rs 121 every day i.e. invest Rs 3,600 every month. You will have to deposit this amount for 25 years and on maturity you will get Rs 27 lakh.

You can also invest Rs 75 daily

In this policy of LIC, the option of different maturity periods is given. If you do not want to invest in it for 25 years, then you can choose the maturity option of at least 13 years. Whereas if you do not want to deposit Rs 121 daily, then you can invest Rs 75 daily or Rs 2,250 per month for 25 years, after which you will get Rs 14 lakh on maturity. Under this policy, the investment amount can be increased or decreased, which will affect the funds received on maturity.

What is the specialty of this policy of LIC?

In this scheme of LIC, the age of the daughter should be at least 1 year. Investors also get the benefit of tax benefits in LIC Kanyadaan Policy. Under Section 80C of the Income Tax Act 1961, you can avail exemption of up to Rs 1.5 lakh. Under this policy, it is not necessary that you use the money received on maturity for marriage. You can also use this fund for the bright future of your daughter.

On the death of the policy holder

If the policy holder dies, there is a provision of up to Rs 10 lakh for the nominee. At the same time, in case of death of the policy holder after completion of maturity period, the nominee gets Rs 27 lakh.

What documents are required?

Under this policy, Aadhar card, income certificate, address proof, passport size photo and birth certificate of daughter are required.