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“With life, even after life.” This is the tagline of Life Insurance Corporation (LIC). In many ways, they live up to this. This organization has provided economic stability to millions of people through its innovative plans. Today, we are going to tell you about one such Fixed Deposit (FD) scheme of LIC, by investing in which you can become rich. Let us also tell you how you can earn up to 6 times on an investment of Rs 93 thousand.
Investing in LIC’s FD scheme
If you are looking for such a scheme which can give you good returns, then we have brought LIC’s Fixed Deposit Scheme for you. This scheme will help you fulfill your dream of becoming a millionaire. You have to invest only once. Once you invest in this scheme, you can earn a huge amount. The specialty of this policy is that anyone from a 90-day-old child to a 65-year-old senior can avail its benefits. Apart from this, you can choose the policy term ranging from 10 years to 25 years.
Earning will be up to 6 times
In LIC’s Fixed Deposit Scheme, the single premium for a policy with a sum insured of Rs 2 lakh will be Rs 93,193 (including GST). When the policy completes 25 years, you will get Rs 5.45 lakh on maturity. The minimum sum insured in this is Rs 50,000. There is no upper limit on the sum insured for this policy. It is also worth noting that if you take this policy for a child, the coverage will start when the child turns 8 years of age or older. If the policyholder dies, the entire amount received from the policy will be given to his nominee.
