If you are a parent and worried about your daughter’s future, especially her education and marriage, then LIC Kanyadan Yojana 2025 could be the perfect solution for you. This is a savings and protection plan by the Life Insurance Corporation of India (LIC), specially designed for the financial security of your daughter. In this article, we will explain how you can save just ₹3,447 per month and get around ₹22.5 lakh at maturity.
What is LIC Kanyadan Yojana 2025?
LIC Kanyadan Yojana is not a separate plan but a customized version of LIC’s Jeevan Lakshya Policy. It is made to support the financial needs of a daughter’s future like higher education and marriage. Under this scheme, the father buys the policy in the daughter’s name and pays a fixed premium every month.
Even if the father dies during the policy term, LIC takes care of the remaining premiums, and the daughter still receives the promised maturity amount.
Overview Table of LIC Kanyadan Yojana 2025
| Particulars | Details |
| Policy Name | LIC Kanyadan Yojana 2025 |
| Monthly Premium | ₹3,447 |
| Policy Term | 25 Years |
| Premium Paying Term | 22 Years (Policyholder pays for 22 years) |
| Maturity Amount | Approx ₹22.5 Lakh |
| Death Benefit | ₹10 Lakh + Bonus + Waiver of premium |
| Eligible Age (Father) | 18 to 50 Years |
| Eligible Age (Daughter) | Minimum 1 Year |
| Minimum Sum Assured | ₹1 Lakh |
| Policy Type | Endowment cum Protection Plan |
How It Works – Simple Example
Let’s say you start the policy when your daughter is 1 year old. You choose to pay ₹3,447 per month (₹41,364 per year) for 22 years. After that, you stop paying, but the policy continues till the 25th year.
- On maturity (when your daughter turns 26), you receive approx ₹22.5 lakh.
- If the father dies during the term, LIC gives ₹10 lakh as a death benefit, waives off all future premiums, and still pays the maturity amount at the end of the term.
Key Benefits of LIC Kanyadan Yojana 2025
1. Financial Security for Daughter
Whether it is college admission or marriage, the maturity amount helps your daughter without financial stress.
2. Death Benefit
If the father dies during the policy term:
- The nominee receives ₹10 lakh immediately.
- LIC pays ₹50,000 per year till the end of the policy term.
- Maturity amount of ₹22.5 lakh is paid at the end.
3. Tax Savings
Premiums paid under this plan are eligible for tax deduction under Section 80C of the Income Tax Act. Also, the maturity amount is tax-free under Section 10(10D).
4. Loan Facility
After a few years of paying premiums, you can also take a loan against this policy in case of emergency.
5. Flexible Premium Options
You can pay premiums monthly, quarterly, half-yearly, or annually as per your convenience.
Eligibility Criteria
- Only the father can take this plan for his daughter.
- Daughter must be at least 1 year old.
- Father’s age must be between 18 and 50 years.
- Policy term must be between 13 and 25 years.
Documents Required
To apply for LIC Kanyadan Yojana 2025, you will need:
- Daughter’s birth certificate
- Father’s Aadhaar card or PAN card
- Passport size photo
- Income proof
- Address proof
- Bank account details
Why You Should Consider This Plan?
In today’s time, education and wedding costs are rising every year. With this plan:
- You are not just saving money but also protecting your daughter’s future.
- The insurance benefit gives peace of mind in case of any unfortunate event.
- You create a financial cushion for your daughter when she needs it the most.
Conclusion
LIC Kanyadan Yojana 2025 is a smart and emotional investment for every loving father. With a small saving of ₹3,447 per month, you can build a huge fund of ₹22.5 lakh for your daughter’s bright future. It gives both life cover and savings, making it a complete plan.