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Today, there is a lot of turmoil in global politics. This is directly affecting the stock market. In such a situation, investing in stock market and mutual funds is very risky. Apart from this, the pace of inflation is also increasing rapidly.

If you have savings and you want to invest it in a place where there is no risk of market risks, then we are going to tell you about a very great scheme of LIC, where you can save Rs 200 and collect a big fund of Rs 28 lakh. The name of this scheme of LIC is Jeevan Pragati Plan. Many people in the country are investing in this scheme. In this episode, let us know about LIC's Jeevan Pragati Plan in detail -

People between the age of 12 to 45 years can invest

You get many great benefits by investing in LIC's Jeevan Pragati Plan.

Investment in Jeevan Pragati Plan can be made at a minimum age of 12 years.

The maximum age has been fixed at 45 years.

By investing in this scheme, you get lifetime security along with good returns.

In this scheme, the risk cover of investors increases every five years.

How can you collect 28 lakhs?

If we look at the calculation, if after opening your account in this scheme, you save 200 rupees daily and invest 6 thousand rupees every month in this scheme, then in a year you will deposit 72 thousand rupees.

In this scheme, you will have to deposit 72 thousand rupees every year for 20 years.

In this way, you will be able to deposit a total of 14,40,000 rupees.

If we add all the benefits of Jeevan Pragati Plan, then this amount will be 28 lakh rupees.

Premium payment
The minimum term of LIC Jeevan Pragati Plan is 12 years and maximum 20 years.
In this scheme, you can pay the premium on quarterly, half-yearly and yearly basis.