In 1990 Lic used to give a lifetime guarantee of 12% while banks used to give 14% to 15% Now those Invested at that time are still getting 12 % while the bank is giving 6%. Just imagine this plan guaranteed 6% IRR after say 20 yrs when rate of Interest will be 2% or 3% or even less
I sincerely appreciate your inputs but Have you ever calculated any other Pvt Companies products ? Infect you should give a comparison of all companies product that will definitely help everyone...
I must say @EveryPaisaMatters Mr. Amit, this is first time I have seen a video wherein the presenter has explained things in such simple way and have covered all possible details
LIC has relaunched the Plan Jeevan Umang Table no 745 on 1st Oct 2024. Kindly make a video with calculation of IRR with 2 examples- If I purchase a policy for Child aged 4 years with Premium Paying Term (PPT) of 30 years. And If I purchase a policy for Child aged 5 Years with Premium Paying Teem (PPT) of 25 Years.
6.4% Tax Free lena better hai in Option 2....India jaise jaise develop FD rates RD rates kam hongi...Upto 5 lakhs Premium wala policy will be very useful...Sec 10 D d ...tax free returns.
Even if IRR is 6% .Keep one thing in mind , other financial investment avenues may not sustain rate of interest they are offering today .with guara teed element,LIC will give this interest whole life guaranteed.
Itna bada duration hai , aakpa interest rates b toh upar Jaa sakte hai. Aaj k date mein it is 8% , 2 saal pehle 6% pe fd hoti thi. Aap aaj h lock karke baith jaoge, who knows rates 12 % chale jae. And in any case the plan is too long and IRR 6.5 % h aa raha hai. Does it make sense such long term plan. I guess gauranteed endowment plans make more sense than these wholelife plans..
Aaj kal to market me kuch bhi badaakar bolake loot lete hai..maine yesterday ko hii lic jeevan utsav plan liya hai.... return kitna milega isase jyada to guarantee Jo lic deti hai wah koi aur nhi detaa...lic me paisa means government khud jimmedari leti hai
Res. Sir, Kindly upload a new video on L. I. C Jeevan dhara plan and explain the rate of return in different Scenario. Your Videos are always very knowledgeable..
65 years nahi milta sir. Age 35 liya hai toh 10 years premium pay karta hai user, 3 years cooling off period, now the user is 48. So 100-48 is 52 years. Correct me if I have erred.
Please compare this with Max Life SWP Plan, just at a glance of your channel it looks like you are absolutely critical about LIC and not so much about Max Life and others.
@ every paisa matters I am not getting any information either on LIC website or any you tube about the tax implications on the regular income earned and the death benefits.. Would it be taxed as per individual tax slabs or exempted under Section 10 (10)D. Can you please elaborate on this. Thanks.
Watch this video - LIC Agents will HATE this video | LIC Jeevan Utsav Plan 2023 Returns Calculator| Every Paisa Matters ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-d8PxE2__bNs.html
easily bolte hai ki 6 or 7% IRR milega....lekin sikke ki dono baju dekhni chahiye... Insaan ke lambe jine and jaldi marne ke dono chances hai.. sirf 1 ya 2 premium bharne ke baad agar Death hoti hai to bhi LIc ko 2 premium ke saamne policyholder ko 1080000 dena hota hai.. Uska IRR bhi considere karna chahiye...
LIC Agents will HATE this video | LIC Jeevan Utsav Plan Returns Calculator | Every Paisa Matters ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-d8PxE2__bNs.html
kuchh nahi bhai ye banda private company ko jyada support kr raha hai Usi ke plan ko promote krta hai comments me Jeevan umang or jeevan utsav or sare plan best hai Private company ka kon sa Bharosa hai ?? Comment delete mat kr dena lol😅😅
Sir, Very well explained. I have question on Jivan Utsav Policy for Minor child. The 10% return received to the Child after 18 years of age is taxable? In Flexi plan the 75% amount of total cumulated amount is taxable to the child. I am thinking for this policy for my child ( age -3 years) is it good or not? Request to suggest me best LIC policy for my Child. Thanks
Its not waste of money. People are fooled by mutual fund dealers for inflation. Most of sip investments are ceased(stopped) to pay after 2nd year. MF fool you by showing absolute returns. Returns must be calculated on CAGR basis. LIC GIVES YOU TAX FREE AND GUARENTEED RATES FOR LIFELONG. WHO ELSE CAN GUARENTEE YOU. DONT LISTEN TO HALF KNOWLEDGE FOOLS. I GOT J UTSAV 10 LAKH FOR MY DAUGHTER 24 YE OLD AND 24 LAKH J UMANG FOR 14 YR SON
LIC has zero customer service. Aap 25 years tak paise dete raho aur phir milne ke time LIC wale aapko pareshaan karenge. Agar aapke paas free ka time hai aur baar lic office visit kar sakte ho toh fir lic poilcy lein.
There are better plans available in market - Max Life की Whole Life Income वाली स्कीम - Explained ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-__S7xd_5EQw.html
I think plan of Max life can't be compared with this. Lic's plan is better as u hv both options either to reinvest money backs on ur own or allow LIC to compound that money. We hv seen power of compounding in PPF account earlier when there were not many options available.
Lic जानता को गरीब बनाके रखने मैं सबसे आहम भूमिका निभाते हैं,,, आमिर लोग उसी पैसे को दोगुना चरगुना करने के बारे मैं सोचते है और ग़रीबो को बस हर साल कुछ घर का खर्चा पानी चलाने का ज्ञान पेलते रहते है ,??
12 लाख देने के बाद , 20 साल बाद हर साल 1 लाख यानी महीने का 8 हजार, 20 साल बाद 8 हजार की वैल्यू आज की अनुसार2 हजार की होगी, यानी आज सो समान आप दो हजार में खरीद तो हो वही सामान20 साल बाद 8 हजार की मिलेगी, दिमाग से सोचना, भूतिया मत बनो, पैसे जमा करो और प्रोपर्टी में इन्वेस्ट करो,
Dear take term plan and open RBI Direct account they provide 40 50 years FD, and some dose 50%SIP and 50% RBI Direct then one dose not need to buy this very very high commission product.
What about the compounded interest of all 13 years. Interest in India will never come down to 5% USA who was not giving any interest on saving has started giving 4%. And might increase in future. That's why Stock exchange is worried when ever there is meeting of FED😅
Sambhalo bhai. Don't fall prey as jeevan saral also was the same. Bakwaas plan. Jeevan saral was ATM plan. But as per promised, nothing happened. Please don't 🙏 fall prey...
Truth Of LIC Jeevan Utsav Plan _TAX FREE MATURITY_ *[(IMPORTANCE OF SECTION 10(10D)]* Tax-free returns can be significant as they allow you to keep more of your investment gains. By minimizing taxes on your returns, you can potentially increase your overall wealth and improve the efficiency of your investment strategy. However, the importance of tax-free returns depends on various factors, including your financial goals, tax bracket, and the specific investment vehicles you're considering. It's wise to consider both the pre-tax and after-tax returns when evaluating investment options.
Lic se badhiya koi bhi plan nahi hai kyu ki Maan lete hai five ya six percent hi rate milega but return aur faimily securities kaun deta hai ye Jan heet me hai
Bache ke naam pe lega aur baap ka term rider lagayega to e policy baap ka death hoga to auto me lic pay karthe rahega...bache ko life cover bhi rahega..income ...plus unka nominee ko pass on hoga...3 gen... Baap ka death huva to lic poora paisa bharega !!
Sir can you pls review my PNB METLIFE Guranteed Future Plan... Will share policy document details also for analysis I haven't seen your video in which you have analysed PNB Metlife plans
Arre, its a Whole Life Plan - Plan which goes on till Max Age of 100. Go through the examples in the official brochure- licindia.in/documents/20121/911303/LIC_Jeevan+Utsav_Brochure_4+inch+x+9+inch_Eng.pdf I hope an agent has not fooled you.