To buy this plan call us LIC Bangalore on 9945689986

LIC New Bima Bachat

Step ahead in life with LIC's New Bima Bachat Plan - money back plan single premium plan offers liquidity as there is "Money Back" at frequent intervals.

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Key Features of LIC Bima Bachat Plan

  • LIC Bima Bachat offers liquidity through frequent returns.
  • Great plan for single investment.
  • 15% of sum assured is paid every 3 years.
  • Payment of Single Premium (excluding taxes and extra premium, if any) along with Loyalty Addition.
  • For policy term
    9 years: 15% of the Sum Assured at the end of each of 3rd & 6th policy year
    12 years: 15% of the Sum Assured at the end of each of 3rd, 6th & 9th policy year
    15 years: 15% of the Sum Assured at the end of each of 3rd, 6th, 9th & 12th policy year

This is a Moneyback plan for one time investment.

Great plan for grandparents to gift to their grand children and enjoy tax rebate as well.

Eligibility Conditions And Restrictions

  • Minimum Age : 15 Years Completed
  • Maximum Age :
         66 years for 9 years term
         63 years for 12 years term
         60 years for 15 years term
  • Maximum Maturity Age : 75 years
  • Policy Term : 9, 12 or 15 years
  • Premium payment term : 15 years
  • Minimum Sum Assured :
         Rs.35,000 for 9 years term
         Rs.50,000 for 12 years term
         Rs.70,000 for 15 years term
  • Maximum Sum Assured : No limit
  • Premium Payment : Single Premium Only