LIC Aadhaar Shila Female Premium & Returns Calculator
Model LIC's exclusive endowment savings plan designed for female lives holding an Aadhaar card. Low premium rates and loyalty additions.
Guide to LIC Aadhaar Shila Plan (Plan 944)
LIC's Aadhaar Shila (Plan 944) is a non-linked, participating endowment plan designed exclusively for female lives. To apply, the proposer must possess a valid Aadhaar card issued by UIDAI. It is structured as a low-cost savings-cum-insurance product, making it ideal for women seeking basic life cover and disciplined savings. Payouts accrue loyalty additions over the term.
Plan Eligibility & Key Actuarial Limits
| Policy parameter | Details and limits |
|---|---|
| Minimum Entry Age (Female) | 8 Years (Completed) |
| Maximum Entry Age (Female) | 55 Years |
| Maximum Maturity Age | 70 Years |
| Minimum Sum Assured | ₹75,000 |
| Maximum Sum Assured | ₹3,00,000 (across all Aadhaar Shila policies) |
| Policy Term Range | 10 to 20 Years |
Tax Benefits & Payout Options
Premiums qualify for Section 80C tax relief. Maturity proceeds and death benefits are completely tax-exempt under Section 10(10D).
Frequently Asked Questions (FAQs)
Is Aadhaar Shila open to male lives?
What is the maximum sum assured I can select?
Does this plan pay annual reversionary bonuses?
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