LIC Dhan Vriddhi Scheme: Life Insurance Corporation of India keeps launching many types of schemes from time to time, through which people from different sections of the country can buy policies as per their needs. The name of one such scheme is LIC Dhan Vriddhi Plan. This is a single premium plan, which will end on September 30, 2023. Giving information about this on its official Twitter handle, LIC has said that this plan is ending on 30th September. In such a situation, you have the last chance to buy this scheme. In such a situation, if you want to buy this plan, then we are giving you information about its details.
What is LIC Dhan Vriddhi Policy?
LIC Dhan Vriddhi Plan is a non-linked, non-participating, individual, saving and single premium plan. By investing in this, you will get the benefit of both security and savings together. If a policy holder dies, in such a situation it provides financial assistance to the family. Whereas if the policy holder survives, you get the benefit of a fixed amount on maturity. This policy was started by LIC on June 23, 2023.
Two types of options are available in the scheme
In LIC Dhan Vriddhi Plan, investors get a total of two types of options. First in which you get the option of sum assured up to 1.25 times. In the second option, you can get up to 10 times the sum assured. This sum can be received in the form of assured death benefit. You can buy this policy for 10 years, 15 years or 18 years. You can buy this policy between the age of 32 to 60 years. At the time of maturity, the policy gets many additional benefits along with the basic sum assured.
Tax exemption and loan facilities are also available
By investing under this scheme, you get a rebate of Rs 1.5 lakh under Section 80C of Income Tax. Along with this, if you need money, you can also get a loan against LIC Dhan Vriddhi Plan. If you also want to buy this policy then contact an agent for offline investment. Apart from this, the policy can also be purchased from the Common Public Service Centre. To buy online, visit the official website of LIC www.licindia.in.
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