New Children’s Money Back Plan: If you are also planning a savings plan for your child’s future, then this news is for you only. You start investing in LIC’s scheme New Children’s Money Back Plan today. Let us know the details of this scheme.
LIC New Children s Money Back Plans : If you also want to improve the future of your child, then we are telling you about a special plan here. In this era of inflation, economic difficulties will increase further in the coming times.
In such a situation, start investing in LIC’s special scheme (New Children’s Money Back Plan in Hindi) in the name of your best friend today. If you save even some percentage of your earnings in this, then your child’s future can be changed.
LIC’s New Children Money Back Plan is a great scheme for children. By investing in this scheme, you can collect huge funds for your selling at the right time.
What is New Children Money Back Plan?
Scheme of LIC (LIC Child Plan In Hindi 2021) New Children Money Back Plan (LIC) is such a plan in which you can make a big fund by making small investments. Let us tell you that for this you will have to save only 150 rupees everyday.
Features of this policy
- New Children’s Money Back Plan policy of Life Insurance Corporation is done for 25 years.
- In addition, you get the maturity amount in installments.
- In this plan, when your child turns 18, it is paid for the first time.
- The second payment is made when the child turns 20.
- The third payment is available at the age of 22 years.
- The age limit for taking the policy is from zero to 12 years.
- 60 percent of the money is available in installments and 40 percent with bonus at the time of maturity.
- Under this, a minimum insurance of Rs 1,00,000 can be taken and the maximum limit is uncertain. ,
- If the installments have not been paid, then a lump sum amount with interest is received
amount plus bonus
Under the New Children’s Money Back Plan, the life insured gets 20-20 percent of the sum assured as money back tax. Along with this, when the child turns 25, the entire amount is returned to him.
And with the remaining 40 percent of the amount, bonus is also given. By investing in this policy in this way, your child will become a millionaire as soon as he becomes an adult.
Save just Rs.150
Now let’s talk about how. The installment of this insurance started for the future of the child comes to Rs 55,000 annually. If you look at it according to 365 days, then in 25 years you have to deposit a total of 14 lakh rupees.
At the same time, you get a total of 19 lakh rupees on maturity. But this rule is applicable only if the insured does not die during this period. If you do not want to withdraw the money, then you will get the full amount along with interest on the maturity of the policy.
These documents are necessary to take the policy
1. Aadhar card, PAN card and address proof of parents are required for this policy.
2. Medical needs of the insured.
3. To take the policy, one has to fill a form by visiting any LIC branch or from an agent.
4. If the insured dies during this period, 105 percent of the premium of the insurance is paid.
