LIC Jeevan Labh Yojana: If you are looking for a reliable and safe investment option that provides financial support to your family in case of an unfortunate event, then LIC Jeevan Labh Yojana may be the right option for you. In this article, we will discuss the benefits, review, interest rate and policy of LIC Jeevan Lahg Yojana.
LIC Jeevan Labh Yojana (LIC Jeevan Labh Yojana in Gujarati)
Benefits of LIC Jeevan Lahg Yojana
LIC Jeevan Labh Yojana provides financial security to the policyholder’s family in case of his untimely demise. Additionally, the policyholder can choose the premium amount and term to suit their needs. On maturity, the plan provides a lump sum to the policyholder. Additionally, policyholders can also avail reversionary bonus and final additional bonus on maturity.
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Name of the article | LIC Life Benefit Policy |
start | Life Insurance Corporation of India (LIC) |
Beneficiary | Citizens of the country |
objective | Lump sum on survival to maturity |
Policy term | Tenure from 16 to 25 years |
Application Process | Online |
Official website | https://www.licindia.in/ |
LIC Jeevan Labh Yojana: Depositing just 253 rupees will get 54 lakh rupees, know complete information about the new plan
Investment options
Citizens aged 8 to 59 years can invest in LIC Jeevan Lahg Yojana. Policyholders can choose to deposit money for 10, 13 or 16 years and the money will be disbursed on maturity between 16 and 25 years.
Computation of compensation
If you apply for LIC Jeevan Labh Yojana Rs. If you want to get more than 54 lakhs, you have to spend Rs. 256 per month or Rs. 7700 needs to be invested. By doing this, you can save around Rs. 92,400 can be deposited, resulting in a maturity of around Rs. 20 lakhs will be received. After maturity, the policyholder gets Rs. 54.50 lakh will be received.
Interest rate
The interest rates of LIC Jeevan Labh Yojana vary from time to time. Currently, the interest rate of this scheme ranges from 6.90% to 7.90%.
LIC Jeevan Labh Yojana is a safe investment option for those looking for a reliable plan. The policy provides financial support to the policyholder’s family in case of an unfortunate event and also provides a lump sum on maturity.
LIC Jeevan Labh Yojana is a reliable investment option that provides financial security to your family in case of unfortunate events. We have provided you with all the essential information about the plan benefits, review, interest rate and policy. Make sure to share this article with your friends who are looking for a safe investment option.
In this way you will get 63 lakh rupees
Let us tell you that under this policy, if you invest 1302 rupees in 1 month, the annual investment will be 15,624 rupees. Multiplying 15,624 rupees by 30, the total amount will be 4,68,720 rupees. From the 31st year you will get a return of Rs 40,000 per annum. If we calculate the return till the age of 100 from this account, multiply 40,000 by 70, then it will be 28 lakh rupees. This policy will give you a total benefit of Rs 23,41,060. Along with this, this policy gives you a cover of 100 years. Therefore, if the insured person reaches the age of 101 years under the policy, he will get Rs 62.95 lakh separately.
This is the specialty of the policy
- In this scheme the policy holder gets cover till the age of 100 years.
- Full amount is paid to the next of kin on maturity or again on the death of the policy holder.
- People from 90 days to 55 years of age can invest in this.
- Premium paying term i.e. PPT fixed for 15,20,25 and 30 years
- All installments are paid till the premium is exhausted. So the minimum sum assured to the policyholder.
- Lifetime money is available on small investment in this policy.