LIC Kanyadan Policy 2023

LIC Kanyadan Policy has been launched by India’s largest insurance company LIC to invest for the marriage of daughters for education. Anyone can invest for their daughter’s marriage through this college started by LIC company.

This scheme is for 25 years and under this scheme one has to save Rs 121 per day. Along with this, you will also have to pay a premium of Rs.3600. But through this policy people have to pay premium for 22 years, then on completion of 25 years of LIC Kanyadan Policy, you are given 27 lakh rupees through LIC policy.

LIC Kanyadan Policy Scheme (Kanyadan Policy Scheme 2023)

Anyone who wants to take this policy under LIC Kanyadan Yojana 2023 can take this policy from 13 years to 25 years and will have to pay the premium for less than three years of the selected term. Any person can take insurance of minimum one lakh rupees.

Dear friends, today we are going to tell the complete information about Kanyadan Policy 2023 launched by LIC Company through this article. In which we will tell the application process, required documents, eligibility and other information in Gujarati language.

LIC Kanyadan Yojana 2023 Highlights

Name of the article	LIC Kanyadaan Yojana 2023
started	by Life Insurance Corporation of India
registration process	Online
Beneficiary	citizens of the country
advantage	27 lakhs will be given after the expiry of the policy.
policy term	13 years and 25 years
official website	www.licindia.in

Objectives of LIC Kanyadan Policy

The main objective of Kanyadaan policy is to save for daughter’s marriage and Bharatiya Janata Vimana is designed to invest in any daughter’s marriage so that people can invest in this scheme and earn good money. The main objective of this policy is to address financial concerns.

Benefits of LIC Kanyadaan Policy Yojana

Following are the benefits of LIC Kanyadan Yojana 2023 .

The premium payment in this policy of LIC is now limited.
The repayment period in this policy is three years less than the policy term.
Among insurance plans, it is a profitable endowment insurance plan.
If an applicant dies during the policy term then 10% is paid every insurance year up to one year before the maturity date of his/her policy.
Monthly, quarterly, half-yearly and annual premium options are available under this policy.
The tenure of this LIC Kanyadan Policy is between 13 to 25 years.
If a Kanyadaan policy holder dies, additional benefits of this policy will be eligible for his family members.
This policy can be chosen for six 10, 15 and 20 years of coverage.

Features of Kanyadan Policy

The features about the Kanyadan policy are given below.

This LIC Kanyadan Policy provides security of financial independence for the daughter.
The policy provides protection against life insurance for a fixed period of three years before maturity.
If the daughter’s father dies, no premium is paid to you.
Rs 10 lakh immediately in case of death due to accident .
On maturity of the Kanyadan policy, the insured will receive a lump sum payment.
₹5,00,000 is payable immediately in case of natural or non-accidental death.
The entire crop amount is made available at the time of insurance maturity.
People who are not living in India can also benefit from this scheme.
Kanyadaan policy is a policy with many similarities with LIC’s Lakshya policy.

Eligibility Criteria for LIC Kanyadaan Policy

Any citizen who wants to apply for Mitra Kanyadaan Policy is required to fulfill the criteria set by India, their criteria are given below.

Individuals between the age group of 18 to 50 years can apply for this LIC policy.
Only fathers of daughters can buy this policy.
The maximum sum assured during the crop period of this policy is unlimited.
Any father who wants to buy this LIC Kanyadan policy for his daughters should be one year old.
At the time of maturity of this insurance, the minimum sum assured must be Rs 10 lakh.
The term of this policy is three years more than the premium paying term.
If the term of the Kanyadan policy is 15 years, then the policy states that the premium has to be paid within 12 years only.

Required Documents for LIC Kanyadan Policy

Any citizen friend who is applying in this police will need the following documents during the application whose list is given below.

One recent passport size photo
identification card
I Certificate
Aadhar card
Address proof
Check or cash for payment of first premium
birth and certificate
Duly filled and signed form for proposal of the scheme.

How to Apply in LIC Kanyadaan Policy Scheme

Any citizen friend who wants to apply for LIC Kanyadan Policy can avail the benefits of this Kanyadan Policy by following the steps given below.

To apply for LIC Kanyadan Policy, first go to the nearest LIC office.
Then through that office get complete details about LIC Kanyadan Policy from the official.
Then after getting the information from the officer, along with the necessary documents, select the policy that suits you.
Then fill the application form for this policy.
Attach all the required documents with this form and submit the application form to the concerned authority.

Important Link

official website

Click here

FAQs of LIC Kanyadan Yojana 2023

How to pay sum assured in LIC Kanyadan Policy.

The citizen friends who have opted for this policy will have to pay the premium amount in this policy according to their income.

How many years will be the policy term under Kanyadaan Policy?

Under Kanyadaan policy, currently the policy period will be 25 years.

For how many months can the insured invest in this policy?

Any friend who has invested in this policy can invest from one month to three months to six months and it depends on the income of the person for how long he can take the policy.

What should be the age of father and daughter to apply for LIC Kanyadan Policy?

To apply for the policy, the father’s age should be between 18 years to 50 years.

What are the benefits of investing in Kanyadaan Policy?

Whoever invests in the policyholders can bear the entire expenses of their daughter’s marriage as well as education.

What will be eligible in LIC Kanyadan Policy?

This Kanyadan policy scheme managed by India’s largest insurance company i.e. Life Insurance of India provides a facility to invest for the education and marriage of the daughter under which the future of the daughter can be made bright by paying premium every month.