This scheme LIC is very special for young people.
Indiaemploymentnews | April 10, 2024 4:39 PM CST
LIC runs different schemes for every income and age group.
Many schemes of LIC are helpful for low-income people.
The name of one such policy is Bhagya Lakshmi Yojana.

This scheme works as an investment, savings, and insurance policy.
You can invest in it on every month/3 months/6 months/annual basis.
The minimum premium payment term is 5 years and maximum 13 years.

The minimum sum assured of LIC Bhagya Lakshmi plan is Rs 20,000.
The maximum sum insured under Bhagya Lakshmi Scheme is Rs 50,000.

The minimum age limit for the policy is 18 and maximum age limit is 55 years.
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