LIC’s special scheme, invest Rs 200, you will get 28 lakhs in lump sum

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Jyoti
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LIC Jeevan Pragati Plan: Today we are going to tell you about a very wonderful scheme of LIC, where you can collect a fund of Rs 28 lakh by saving Rs 200. The name of this scheme of LIC is Jeevan Pragati Plan.

LIC Jeevan Pragati Plan: Today, there is a lot of turmoil in global politics. This is having a direct impact on the stock market. In such a situation, investing in the stock market and mutual funds is very risky. Apart from this, the pace of inflation is also increasing rapidly.

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If you have savings and you want to invest it in a place where there is no risk of market risks, then 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. The name of this scheme of LIC is Jeevan Pragati Plan. Many people in the country are investing in this scheme. In this episode, let us know about LIC’s Jeevan Pragati Plan in detail –

People between the ages of 12 and 45 can invest

  • You get many great benefits by investing in LIC’s Jeevan Pragati Plan.
  • Investment can be made in Jeevan Pragati Plan at a minimum age of 12 years.
  • The maximum age has been fixed at 45 years.
  • By investing in this scheme, you get lifetime security along with good returns. 
  • In this scheme, the risk cover of investors increases every five years.

How can you collect Rs 28 lakh?

  • If we look at the calculation, if after opening your account in this scheme, you save Rs 200 daily and invest Rs 6,000 every month in this scheme, then in a year you will deposit Rs 72,000.
  • In this scheme you will have to deposit Rs 72 thousand every year for 20 years.
  • In this case, you will be able to deposit a total of Rs 14,40,000.
  • If we add all the benefits of Jeevan Pragati Plan then this amount will be Rs 28 lakh.

Payment of Premium

  • The minimum term of LIC Jeevan Pragati Plan is 12 years and maximum 20 years.
  • In this scheme you can pay the premium on quarterly, half-yearly and yearly basis. 
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