Life Insurance Corporation of India (LIC) continuously introduces diverse schemes catering to various income groups.
With a focus on women’s financial empowerment, LIC has introduced the Aadhaar Shila Scheme. This scheme offers substantial long-term returns with a minimal daily investment of just Rs. 87.
Key Highlights of LIC Aadhaar Shila Scheme
Exclusively for women, LIC Aadhaar Shila Scheme is a non-linked, individual life insurance plan. The scheme guarantees a fixed maturity amount for policyholders, ensuring financial security.
In the unfortunate event of the policyholder’s demise during the policy term, the family receives financial support.
Eligibility Criteria
Only women possessing an Aadhaar card are eligible for investment in this scheme. The age of the woman should be between 8 and 55 years.
Policy tenure options range from 10 to 20 years, allowing investment flexibility.
Maturity age extends up to 70 years, enabling investment up to 55 years for a 15-year tenure.
The sum assured varies from Rs. 2 lakh to a maximum of Rs. 5 lakh.
Achieve Rs. 11 Lakh with Ease
To attain Rs. 11 lakh through the LIC Aadhaar Shila policy at maturity, a daily investment of Rs. 87 is required.
This translates to an annual premium of Rs. 31,755. Over a 10-year period, the total deposit amounts to Rs. 3,17,550.
Alternatively, if you choose to withdraw at the age of 70, a substantial fund of Rs. 11 lakh awaits.
Secure your financial future with LIC’s Aadhaar Shila Scheme, designed exclusively for women. Invest today for a prosperous tomorrow.”