LIC Plan : In an era where financial security and long-term savings are more crucial than ever, LIC has rolled out an unbelievable scheme that promises massive returns at a minimal investment. With just ₹45 a day, you can build a corpus of ₹25 lakh over time, making it an ideal plan for individuals looking for guaranteed returns with low risk. This government-backed plan by the Life Insurance Corporation of India is drawing attention for its unmatched benefits.
What is This LIC Plan Offering ₹25 Lakh Return?
LIC’s special policy, likely one of its endowment or money-back plans, is structured to provide life coverage along with a maturity benefit that totals up to ₹25 lakh. The policyholder needs to invest approximately ₹45 daily, which translates to ₹1,350 monthly.
Key Highlights:
- Daily investment: Approx. ₹45
- Monthly premium: ₹1,350
- Maturity amount: ₹25 lakh (approx.)
- Policy term: 25 years (customizable)
- Age eligibility: 18–55 years
- Life cover included
LIC’s ₹45 Per Day Plan: Major Benefits
This plan is ideal for middle-income families, salaried individuals, and early earners. Here are the standout benefits:
- High Returns with Small Investment: Get ₹25 lakh by investing just ₹45 per day.
- Tax Benefits: Premiums qualify for deductions under Section 80C of the Income Tax Act.
- Maturity Benefits: Lump-sum payment upon completion of policy term.
- Life Insurance Cover: Financial protection for your family in case of untimely death.
- Loan Facility: After a few years of premium payment, loans can be availed.
- Guaranteed and Bonus Payouts: Additional bonus declared by LIC boosts the maturity amount.
Eligibility Criteria and Plan Details
Here’s a detailed overview of eligibility conditions and plan structure:
| Criteria | Details |
|---|---|
| Minimum Entry Age | 18 years |
| Maximum Entry Age | 55 years |
| Policy Term | 20 to 25 years (flexible) |
| Premium Payment Term | Same as policy term |
| Minimum Sum Assured | ₹2 lakh |
| Maximum Sum Assured | No upper limit (subject to underwriting) |
| Premium Payment Mode | Monthly, Quarterly, Half-Yearly, Yearly |
| Loan Facility | Available after 2-3 years |
Example: How ₹25 Lakh is Achieved
Let’s break down how a small daily investment can yield a huge return using this policy structure.
| Parameter | Amount |
|---|---|
| Daily Investment | ₹45 |
| Monthly Premium | ₹1,350 |
| Annual Premium | ₹16,200 |
| Policy Term | 25 years |
| Total Investment | ₹4,05,000 |
| Estimated Maturity Benefit | ₹25,00,000 (including bonus) |
| Life Cover During Term | Up to ₹25 lakh |
Note: The final maturity amount may vary slightly based on bonuses declared by LIC over the years.
Additional Features That Make This Plan Attractive
- Flexible Policy Term: Choose between 20-25 years depending on your financial goals.
- Survival Benefits: In money-back variants, receive periodic payouts before maturity.
- Death Benefit: Sum assured + bonuses paid to nominee in case of policyholder’s death.
- Revival Option: Lapsed policies can be revived within a specified period.
- Surrender Benefit: Policy can be surrendered after paying minimum premiums.
How to Apply for This LIC Plan
Interested individuals can apply through:
- LIC Agent: Connect with a local LIC agent for personalized guidance.
- LIC Official Website: Apply directly online with minimal paperwork.
- LIC Branch Office: Visit your nearest LIC office with ID, address proof, and photographs.
Documents Required:
- Aadhaar Card
- PAN Card
- Passport-sized Photographs
- Address Proof
- Income Proof (in some cases)
Who Should Consider This Plan?
This plan is best suited for:
- Young earners aiming for long-term wealth creation
- Middle-class families seeking safe and guaranteed investments
- Individuals wanting life insurance with savings
- Parents planning future expenses for children (like education, marriage)
Frequently Asked Questions
Q1: Is ₹25 lakh guaranteed?
The ₹25 lakh figure includes the sum assured plus bonus. LIC bonuses are declared annually and may vary.
Q2: Can I increase my premium?
You can select a higher sum assured to adjust your premium upwards based on affordability.
Q3: What if I miss a payment?
Grace periods are provided, and policies can be revived if lapsed.
Q4: Can I take a loan on the policy?
Yes, loans are available after paying premiums for at least 2–3 years.
Q5: Is this better than PPF or FD?
Unlike PPF or FD, this plan offers insurance coverage along with returns, making it a dual-benefit scheme.
LIC’s ₹45 per day plan is a golden opportunity for individuals seeking a combination of savings, life cover, and long-term returns. With a modest investment and guaranteed maturity benefits, this plan is truly a safe bet for those who want to build a strong financial foundation over time. However, before making a commitment, always evaluate your goals and consult with an LIC representative for detailed benefits and plan suitability.
The figures and features mentioned above are based on estimates and standard plan benefits. Actual returns and bonuses may vary depending on the specific LIC policy chosen and the prevailing policy terms at the time of investment. It is advisable to verify details with LIC’s official portal or authorized agents.
What are the details of LIC's ₹25 Lakh return offer for ₹45/day?
Full details on LIC's lucrative offer for just ₹45/day.
How can you benefit from LIC's ₹25 Lakh return offer?
By investing just ₹45/day.
How can you take advantage of LIC's enticing ₹45/day offer?
By exploring full details and seizing this opportunity.
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