Get 11 lakh, 27 lakh, 31 lakh, rupees for daughter's wedding, this is LIC's special Kanyadan Policy

Every parent dreams that their daughter's marriage and studies are fulfilled without any trouble.Keeping this in mind, LIC has started Kanyadan Policy.In this policy, big funds can be prepared than small savings.This policy is better for those who want to strengthen their daughter's future without any risk because of safe investment and guaranteed returns.

What is LIC's Kanyadaan Policy

This is a special life insurance policy that is designed keeping in mind the future of daughters and parents' responsibilities.In this policy, the father deposits a fixed amount every month and on completion of the policy, a huge amount is received for the daughter's marriage or higher education.Its biggest feature is that a fund of lakhs of rupees is prepared by giving less premium in it.

How much will you get on depositing how many rupees

If only 75 rupees are deposited daily, then a fund of up to Rs 11 lakh can be found on maturity of the policy.There is a profit of up to Rs 27 lakh for saving Rs 121 daily and if you are deposited Rs 151 per day, then a fund of up to Rs 35 lakh can be prepared.That is, by continuing small savings for a long time, a large amount can be raised easily.Must read this: 8th Pay Commission: The update on the 8th Pay Commission has come updated, good news for government employees!Da hike

Conditions and Terms of Policy

The duration of the Kanyadaan Policy can be selected from 13 years to 25 years.The minimum insurance amount in this is Rs 1 lakh and father's age should be between 18 years to 50 years.The daughter must be at least 1 year old age.If the father dies during the period of the policy, then there is no need to fill the further premium and the family gets the fixed amount every year.

Tax exemption advantage

The benefit of investing in this policy is not limited to only huge amount, but also gives the benefit of tax savings.Under Section 80C of the Income Tax Act, the investment made in it is exempted and the amount received on maturity is also tax free.

For whom is this policy right

This policy is better for especially for middle class families and employed parents, who want to secure their daughter's future.Preparation of big funds from low investment and also making tax savings makes this scheme even more attractive.LIC's Kanyadan Policy is a reliable and safe option for parents.The scheme provides economic security for big expenses like daughter's marriage and education.The facility of preparing large capital with small investment makes it special.Disclaimer: The information given here is only for general information.Before investing in any policy, see the entire details from the official LIC agent or website.