LIC Jeevan Pragati Plan: Many people in the country see LIC as a safe investment option. For this reason, people prefer to invest their money in LIC schemes instead of investing in any other schemes.
Keeping in mind the needs of the people and other things, LIC is running many great investment schemes in the country. In this episode, today we are going to tell you about a very great scheme of LIC, where you can save Rs 200 and collect a big fund of Rs 28 lakh.
This scheme of LIC is very popular in the country. Many people are investing their savings here. This is the Jeevan Pragati plan of LIC. By investing in this scheme, you also get the benefit of risk cover. In this episode, let us know about this scheme in detail –
The minimum age limit for investment in LIC’s Jeevan Pragati plan is 12 years. The maximum age limit is 45 years. By investing in this scheme, you get good returns as well as life time security.
In LIC’s Jeevan Pragati plan, the risk cover keeps increasing every five years. Under the scheme, if the policyholder dies, the sum of the insurance amount, simple reversionary bonus and final bonus are paid together.
If you save Rs 200 every day in LIC’s Jeevan Pragati plan and invest Rs 6,000 every month in it, then you will deposit Rs 72,000 annually in this scheme.
In this case, you will invest Rs 14,40,000 for 20 years. If you add all the benefits, then after 20 years you will have a total of Rs 28 lakh. The minimum term in this scheme has been fixed at 12 years. The maximum term has been fixed at 20 years. The minimum sum assured of LIC’s Jeevan Pragati plan is Rs 1.5 lakh. The maximum has not been fixed.
Related Articles:-Â
LIC launched a new plan, cover up to Rs 2 lakh, know who will get the benefit
RBI Monetary Policy: No impact on home loan EMIs as repo rate kept unchanged
GST tax slab: 12% GST tax slab may be abolished, know what is the plan of GST Council
