LIC
The LIC Kanyadan Yojana 2025 is a thoughtful and well-structured savings scheme designed to help Indian parents secure their daughter’s future. Introduced by the Life Insurance Corporation of India (LIC), this plan is not just an insurance policy, it’s a financial commitment that supports long-term goals like higher education and marriage expenses. The best part? You can save small amounts monthly and build a significant corpus over time.
What is LIC Kanyadan Yojana?
LIC Kanyadan Yojana is a customized version of LIC’s Jeevan Lakshya policy, tailored specifically for the financial needs of a daughter. It allows a father to start investing a fixed monthly amount, which accumulates over the term of the policy. At the end of the term, a lump sum is given to the daughter, which can be used for education, marriage, or any other important milestone.
The plan also includes life coverage for the father, ensuring that the daughter’s financial future is protected even in case of the policyholder’s untimely demise.
Key Features of LIC Kanyadan Yojana 2025
- Flexible Premium Payment: Parents can choose to pay premiums monthly, quarterly, half-yearly, or yearly, depending on convenience and budget.
- Policy Term: The policy can be taken for a term of 13 to 25 years.
- Life Coverage: If the father passes away during the policy term, the premium is waived off, and the family continues to receive annual benefits until the policy matures.
- Maturity Benefit: A lump sum amount is paid at the end of the policy term, which can be used for your daughter’s marriage or higher studies.
- Tax Benefits: Premiums paid and the maturity amount are eligible for tax deductions under Section 80C and 10(10D) of the Income Tax Act.
Why Choose LIC Kanyadan Yojana?
- Secure Your Daughter’s Future: In a time of rising education costs and wedding expenses, this plan acts as a financial cushion.
- Affordable Monthly Investment: You can start saving with as little as ₹1,500–₹3,000 per month depending on the policy term and coverage.
- Risk-Free Returns: As a LIC policy, it offers guaranteed returns and is backed by the trust of India’s largest insurance provider.
- Automatic Protection: In case of an unfortunate event, the plan ensures that your daughter is financially secure without any extra burden on the family.
How to Apply for LIC Kanyadan Yojana?
You can visit the nearest LIC branch or connect with an authorized LIC agent. Ensure you carry the necessary documents like ID proof, address proof, age proof of both father and daughter, and income proof. You can also get the premium estimate online using LIC’s official calculator.
Conclusion
LIC Kanyadan Yojana 2025 is more than a savings plan, it is a promise to your daughter that her dreams will never be limited by financial constraints. With disciplined monthly savings, you can build a strong foundation for her future. If you’re a parent looking to secure your daughter’s tomorrow, this LIC scheme is a reliable and risk-free option to consider.
