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Thursday, July 14, 2011

Fwd: LIC's Monthly Recurring Deposit Scheme with Insurance & Tax Benefit



---------- Forwarded message ----------
From: swamisamarth <samarth_swami@yahoo.com>
Date: Thu, Jul 14, 2011 at 7:23 PM
Subject: LIC's Monthly Recurring Deposit Scheme with Insurance & Tax Benefit
To:


                                                                                                       - - -  Sri Sainath - - -               
 LIC's best plan Jeevan Saral with profit Policy

LIC v/s Post office Monthly Recurring Scheme

Maturity at the end of 10 years in Monthly Scheme

 

 

 

 

PREMIUM

LIC

POST OFFICE

LIC GAIN

500

106452 + Free Insurance

89010 - Income Tax

17442

1000

212904 + Free Insurance

178021 - Income Tax

34883

1500

319356 + Free Insurance

267031 - Income Tax

52325

2000

425808 + Free Insurance

356042 - Income Tax

69766

2500

532260 + Free Insurance

445052 - Income Tax

87208

3000

638712 + Free Insurance

534063 - Income Tax

104649

3500

745164 + Free Insurance

623073 - Income Tax

122091

4000

851616 + Free Insurance

712084 - Income Tax

139532

5000

1064520 + Free Insurance

890105 - Income Tax

174415

 
Monthly Premium X 250 = Life Cover

               
Features :1.  Maturity received in LIC is Tax-free under section 10(10D) of I.T. Act.
                   
2.  The amount if deposited in LIC's Scheme is exempted u/s 80 C of I.T. Act.
                    3.  Partial Withdrawals allowed after 3 years in case of Emergency
                    4.  Accidental Death & Disability Rider available
                    5.  Policy loan (85% of Surrender Value) is available
                    6.  Back Dating/Grace Period/Revival facility available
                    7.  Entry Age – 13 Years to 60 Years
                    8.  Payment modes available – Mtly, Qtly, Hly & Yearly
                    9.  Policy Term : 10 – 35 Years
                    10. Death Benefit – Maturity S.A. + Return of Premiums + Loyalty Addition
                    11. Maturity Benefit - Maturity S.A. + Loyalty Addition
                    12. LIC Maturity calculated @ 10%  I.R.R
                    13. This policy can be use as Employer/Employee scheme also

WHATEVER BE YOUR BUDGET, WE HAVE A POLICY FOR YOU


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--
Palash Biswas
Pl Read:
http://nandigramunited-banga.blogspot.com/

No comments:

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