LIC Kanyadaan Yojana: Parents are often worried about their daughter’s future. But now a big gift is being given to you by LIC. If you are also the parent of a daughter, then you must see our today’s news. There is a good news for parents who want a bright future for their daughters. Here we will tell you how you can secure ₹ 100,000 annually for your daughter’s future.
LIC brings Kanyadaan policy scheme for daughters
Created to help in the education and marriage of daughters LIC Kanyadaan Policy Through 2024 Yojana, India’s leading insurance provider LIC reduces the financial worries related to the future of daughters. With LIC Kanyadaan Policy, parents can cover the education and marriage expenses of their daughters, providing relief to them. Through this scheme, parents can contribute towards their daughter’s education or marriage expenses by depositing Rs 121 every day, which will amount to Rs 3600 monthly. Parents participating in this scheme can deposit Rs 27 lakh by the 25th birthday of their daughter, which will provide relief from the financial burden related to education and marriage.
Necessary eligibility to apply for the scheme
- Only the parents of the daughter will be eligible for this scheme.
- To apply for the scheme, the daughter’s parents must be natives of India.
- The age of the girl applying should be at least one year.
Documents required for the scheme
- Identity certificate/voter card of one of the parents
- girl’s aadhar card
- girl’s bank account passbook
- PAN card
- income certificate
- Address proof
- cast certificate
- girl’s birth certificate
- Passport size photo of girl
- Current mobile number of the girl’s parents.
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How to apply for the scheme
- To apply for this scheme of LIC, first of all you have to go to the nearest LIC Will have to go to the branch.
- Alternatively, you can take assistance from a registered and licensed LIC agent who will guide you through the process.
- For help in purchasing this plan, you can also contact LIC directly by calling their given phone number.
How to get benefits under the scheme
Under this policy you get various types of benefits. If something happens to the insured during the policy term, his family gets financial support. It can be 7 times the annual premium or 110% of the basic sum assured, which is paid on maturity or as annuity income. The policy offers both insurance and savings benefits, providing financial assistance during urgent events.
If the insured’s parents die, further premiums are waived off. In case of accidental death, the policy pays Rs 10 lakh immediately; On natural death, Rs 5 lakh and Rs 50,000 are also given to the family annually till maturity. If the insured person completes the policy term, they are given an amount equal to the basic sum assured along with bonuses.
