LIC Kanyadan Yojana 2024: Parents hoping for a bright future for their daughters had excellent news. Here’s how to set up ₹100,000 a year for your daughter’s future. The LIC Kanyadan Policy 2024 Yojana was introduced as the top insurance program in India. Its goal is to assist daughters’ marriage and education.
LIC provides this program to help parents feel less concerned about their daughters’ financial future. It will ease their minds to know that their daughters’ schooling and marriage costs are covered by the LIC Kanyadaan policy. This article provides further details about the LIC Kanyadan Policy 2024.
LIC Kanyadan Yojana 2024
Financial aid is one way that the LIC Kanyadan Policy 2024 seeks to enhance the lives of girls. With the help of these decisions, parents can deposit Rs 121 per day, up to a maximum of Rs. 3600 each month, to help pay for their daughter’s schooling or marriage expenditures. This initiative will help parents lessen the financial burden of schooling and marriage by allowing them to deposit up to Rs. 27 lakh until their daughter turns 25.
LIC Kanyadan Yojana 2024 Overview
| Yojana Name | LIC Kanyadan Yojana |
| Year | 2024 |
| Who Started | Life Insurance Corporation of India |
| Objectives | To secure the education, marriage, and life of the girl child |
Beneficiary | The citizens of the country |
| Category | Central Government Yojana |
| Apply Mode | Offline |
| Official Website | https://licindia.in/ |
LIC Kanyadan Yojana 2024 Eligibility Criteria
The following requirements must be fulfilled to be eligible for the LIC Kanyadan Policy Yojana 2024:
- The girl’s parents have to be residents of India.
- The girl applying must be at least a year old.
LIC Kanyadan Yojana 2024 Important Documents
LIC Kanyadan Policy 2024 requires the following documents:
- One of the parent’s identity or voter cards.
- The girl’s bank statement.
- Income certificate.
- Girl’s Aadhaar card.
- Card PAN.
- Official proof of residency.
- The girl’s birth certificate.
- The girl’s parents’ current mobile number.
- The caste certification.
- The girl’s passport-sized photo.
LIC Kanyadan Yojana 2024 Benefits & Features
Every parent wants the best for their kids in the future. For this reason, it’s critical to fund LIC’s Kanyadaan policy. There are several advantages to this policy:
Benefits in case of death: The insured person’s family receives financial support if an accident occurs during the duration of the policy. Payable as annual income or at maturity, it can be seven times the yearly premium or 110% of the basic sum assured.
Providing security: There are no further charges if the insured’s parents pass away. When someone dies accidentally, the policy pays out Rs 10 lakh right away; when someone dies naturally, the family receives an additional Rs 50,000 a year until the policy matures Rs 5 lakh.
Maturity Benefits: The insured gets a bonus and an amount equal to the original sum assured if they live out the duration of the policy.
The Dual Benefits: The policy offers savings and insurance benefits in addition to giving financial support for significant life events.
Flexible payment: The benefit may be paid to the insured as a one-time payment or in installments.
How To Apply For LIC Kanyadan yojana 2024
LIC Kanyadan Policy 2024 may only be purchased offline. For instance:
- Go to the closest LIC branch, and their professionals will help you with the procurement procedure.
- As an alternative, you can ask a professional and registered LIC agent for help, and they can lead you through the procedure.
- To help you in purchasing this plan, you can also get in direct contact with LIC by giving them a call at the number provided.
Important Links
| Official Website | https://licindia.in/ |
| Help-Line Number | 91-22-68276827 |
FAQ
Q1: What age is a girl child required to invest under the LIC Kanyadan Policy 2024?
Answer = To invest under the LIC Kanyadaan Policy, a girl’s kid must be at least one year old. This indicates that a parent’s official purchase of this coverage can begin one year after the child’s birth.
Q2: How long is the LIC Kanyadaan policy investment period?
Answer = LIC Kanyadan Policy offers investment opportunities for a 13–25 year period. Parents can invest in their daughter’s future under this arrangement.