LIC’s Special Investment Plan: Save Just ₹45 a Day to Build a ₹25 Lakh Fund – Here’s the Full Calculation!
When it comes to securing financial stability with minimal daily savings, Life Insurance Corporation of India (LIC) has an exceptional investment opportunity. With LIC’s Jeevan Anand Policy, you can build a corpus of ₹25 lakh by setting aside only ₹45 per day, which translates to around ₹1358 per month. Let’s dive into the details of how this savings plan can help you accumulate a significant amount over time.
Smart Savings with High Returns
Everyone looks for investment options where their small savings can turn into a substantial future fund. LIC, the country’s largest and most trusted insurance company, offers multiple policies designed to provide both security and returns. Among them, LIC Jeevan Anand is a standout policy that allows investors to accumulate ₹25 lakh over time with minimal daily savings.
Low Premium, Big Benefits
The Jeevan Anand Policy is an excellent choice for individuals looking to create a large fund without a hefty investment. Similar to a term policy, this scheme provides multiple maturity benefits. While the minimum sum assured in this plan starts at ₹1 lakh, there is no upper limit, making it a flexible option for all types of investors.
How ₹45 Per Day Can Grow into ₹25 Lakh
By investing ₹1358 per month, or roughly ₹16,300 per year, in this policy for a tenure of 35 years, you can secure a maturity amount of ₹25 lakh. Over the course of the policy term, you will contribute approximately ₹5,70,500 in total premium payments. But thanks to LIC’s bonus benefits, your final payout grows significantly beyond your invested amount.
Breakdown of Returns and Bonus Benefits
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Total Investment Over 35 Years: ₹5,70,500
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Basic Sum Assured: ₹5,00,000
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Revisionary Bonus: ₹8,60,000
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Final Bonus: ₹11,50,000
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Total Maturity Amount: ₹25,00,000
LIC provides two bonus types in the Jeevan Anand Policy – the Revisionary Bonus and the Final Bonus, ensuring a substantial return on investment. However, to enjoy these benefits, the policy must be held for at least 15 years.
No Tax Exemption, Yet High Returns Make It Worthwhile
While this policy does not offer tax exemption benefits, it comes with various other advantages. Jeevan Anand Policy includes four different rider options:
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Accidental Death and Disability Rider
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Accident Benefit Rider
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New Term Insurance Rider
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New Critical Benefit Rider
Additionally, it offers death benefits that provide financial security for the nominee. If the policyholder passes away before the policy matures, the nominee receives 125% of the sum assured. This ensures that the policy not only acts as a savings plan but also provides strong financial protection to the family.
Final Thoughts – A Smart Investment Choice
For individuals seeking a long-term investment plan with minimal daily savings, LIC’s Jeevan Anand Policy is a great option. By simply saving ₹45 per day, policyholders can accumulate a fund of ₹25 lakh over time while also securing financial safety for their loved ones.
If you’re looking for a secure and rewarding investment, don’t wait—start investing today and turn your small savings into a significant financial milestone!
