Turn your Rs. 114 per day investment into Rs. 26.75 lakh

LIC of India money-making offer! Turn your Rs 114 pd investment into Rs 26.75 lakh; here is how

LIC Jeevan Lakshya Premium Calculator

Annual: Rs 42,829

Half-yearly: Rs 21,639

Quartely: 10,934

Monthly: 3,645

Daily: Rs 117

These premiums are inclusive of the 4.5 per cent tax in the first year of payment.

After one year premium payment the new premium will become as follows:

Annual: Rs 41,897

Half-yearly: Rs 21,173

Quartely: 10,698

Monthly: 3,566

Daily: Rs 114

So, net premium payment to be done by the invstor during 25 years maturity period is around Rs 9,22,656.

LIC Jeevan Lakshya Plan Calculator

Sum Assured: Rs 10 lakh

Bonus: Rs 12.25 lakh

Final Additional Bonus: Rs 4.50 lakh

Net Maturity Amount: Rs 26.75 lakh

So, as clear from above calculation, by investing Rs 114 per day, an LIC of India investor who buys LIC Jeevan Lakshya plan can expect to get Rs 26.75 lakh as maturity amount.