LIC Kanyadan Policy 2026: Get ₹27 Lakh by Saving ₹121 – Apply Online

LIC Kanyadan Policy 2026: Get ₹27 Lakh by Saving Just ₹121 – How to Apply Online & Registration Process

The LIC Kanyadan Policy 2026 is a popular life insurance + savings scheme by Life Insurance Corporation of India (LIC), specially designed to secure the future of a daughter. Under this policy, parents can build a large maturity amount up to ₹27 lakh by investing a small daily amount (around ₹121).

This plan is ideal for daughter’s education, marriage, and financial security.

Parameter	Details
Scheme Name	LIC Kanyadan Policy (Jeevan Lakshya – 933)
Organization	Life Insurance Corporation of India (LIC)
Benefit / Maturity Amount	Approx. ₹27 Lakh (on ₹121/day saving)
Policy Term	13 to 25 Years
Premium Paying Term	Policy Term minus 3 Years
Application Mode	Offline / LIC Agent / Apply Online
Category	Insurance & Investment
Official Website	licindia.in

How Can You Get ₹27 Lakh by Saving ₹121?

Here’s a simple example 

• Daily saving: ₹121

• Monthly premium: ₹3,600 (approx.)

• Policy term: 25 years

• Total investment: ₹10–12 lakh (approx.)

• Maturity amount: Up to ₹27 lakh (depending on bonus & policy terms)

 Actual returns depend on LIC bonus rates and policy conditions.

 Purpose and Objectives of LIC Kanyadan Policy

The primary purpose of the LIC Kanyadan Policy is to provide financial stability to a girl child. It acts as a safety net against the uncertainties of life. The main objective is to create a guaranteed fund for the daughter’s marriage or higher education, ensuring that these milestones are not compromised even if the earning parent is no longer around. It combines both savings and protection, offering a High Return on maturity.

Major Benefits of LIC Kanyadan Policy

1. Financial Security for Daughter

Helps in funding higher education and marriage expenses.

2. Life Insurance Cover

If the policyholder dies:

• Future premiums are waived

• Policy continues

• Full maturity benefit is paid

3. Guaranteed Maturity Benefit

Receive a lump-sum amount at policy maturity.

4. Tax Benefits

• Premium: Section 80C

• Maturity: Section 10(10D) (as per IT rules)

5. Flexible Premium Options

Monthly, quarterly, half-yearly, or yearly payments.

Eligibility Criteria for LIC Kanyadan Policy

To complete the Registration for this policy, the applicant must meet the following criteria:

• Parent’s Age: Minimum 18 years and Maximum 50 years.

• Daughter’s Age: Minimum 1 year (Beneficiary).

• Maturity Age: The maximum maturity age of the policyholder is 65 years.

• Minimum Sum Assured: ₹1,00,000.

• Maximum Sum Assured: No Limit (depends on income eligibility).

Documents Required

• Aadhaar Card

• PAN Card

• Birth Certificate of Daughter

• Address Proof

• Passport-size photographs

• Bank account details

How to Apply Online for LIC Kanyadan Policy

Follow these steps for the Online Registration Process:

• Visit the Official Website of LIC India (licindia.in).

• Look for the “Products” or “Buy Online” section on the homepage.

• Since “Kanyadan” is a marketing name, search for “LIC Jeevan Lakshya” (Plan 933).

• Click on the Direct Link for the application form.

• Fill in the required details like Name, Age, and Sum Assured.

• Upload the necessary Documents Required.

• Pay the first premium using Net Banking, Credit Card, or UPI.

• Submit the form and save the acknowledgment receipt.

• Alternatively, you can contact an authorized LIC Agent to complete the process offline.

Offline Application Option

You can also apply:

• Through LIC Agent

• At nearest LIC Branch Office

Frequently Asked Questions (FAQ)

Q1. Is LIC Kanyadan Policy government-backed?

Yes, LIC is owned by the Government of India.

Q2. Is ₹27 lakh guaranteed?

The amount depends on policy term, premium, and bonus.

Q3. Can I pay premium monthly?

Yes, monthly premium option is available.

Q4. Is online application safe?

Yes, applying through LIC official website is completely safe.

Important Links

Description
Info In Gujarati	View Here

Conclusion

The LIC Kanyadan Policy 2026 is a reliable and secure savings plan for parents who want to ensure a bright and financially stable future for their daughter. By investing a small amount daily, you can create a large corpus up to ₹27 lakh with insurance protection.

If you prefer safety, discipline, and guaranteed returns, this policy can be a good choice.