LIC Kanyadan Policy – Secure Your Daughter’s Future with Just ₹121 a Day!
In today’s world, where education and financial independence have become essential, every parent dreams of giving their daughter the best possible start in life. Whether it’s for higher education or marriage, planning ahead can make a huge difference. To support this noble cause, the Life Insurance Corporation of India (LIC) has introduced a special financial plan called the LIC Kanyadan Policy — designed exclusively for the secure future of daughters across India.
This plan allows parents to create a strong financial foundation for their daughter’s future by investing a small amount regularly. Believe it or not, with just ₹121 per day, you can build a fund of up to ₹27 lakhs for your daughter’s education and marriage expenses.
🌸 Why LIC Kanyadan Policy?
The Kanyadan Policy is not just an insurance plan; it’s an emotional investment for every loving parent. The purpose behind this scheme is to financially empower families to plan their daughters’ futures without stress. It encourages early savings and long-term planning so that when your daughter reaches adulthood, money should never be an obstacle to her dreams.
Today, girls are excelling in every field—science, sports, business, and leadership. They are no longer behind anyone, and their success deserves strong financial backing. The LIC Kanyadan Policy is one of the best ways to ensure that.
💡 Key Highlights of the LIC Kanyadan Policy
| Feature | Details |
|---|---|
| Plan Type | Endowment-based savings plan for daughters |
| Eligibility | Father’s age must be below 50 years; daughter should be at least 1 year old |
| Premium Amount | ₹3,600 per month (around ₹121 per day) |
| Policy Term | 13 to 25 years (flexible) |
| Maturity Benefit | Up to ₹27 lakhs |
| Minimum Sum Assured | ₹1 lakh |
| Maximum Sum Assured | ₹27 lakhs |
| Lock-in Period | Applicable until maturity (depends on term selected) |
| Premium Waiver | In case of the father’s unfortunate demise during the policy term, all future premiums are waived, but benefits continue. |
🎯 How the Policy Works
When you invest in this policy, you pay a small premium—roughly ₹121 per day—for a fixed number of years (typically up to 22 or 25 years). Once the policy term ends, LIC pays out a lump sum maturity amount to your daughter. This can be used for her higher education, business startup, or marriage expenses.
Here’s an example:
- If a father starts the policy when his daughter is 1 year old,
- and pays ₹3,600 per month (₹121/day) until she turns 23,
- then upon maturity, she will receive around ₹27 lakhs.
That’s a significant amount — built slowly and steadily through consistent savings.
👨👩👧 Eligibility and Conditions
To enroll in this policy:
- The father’s age must be below 50 years.
- The daughter should be at least one year old.
- The policy term can be selected based on the age of the child — between 13 to 25 years.
- The premium amount can vary depending on the sum assured chosen.
- The father is the policyholder, and the daughter is the beneficiary.
💰 Benefits of the LIC Kanyadan Policy
1️⃣ Financial Security for Your Daughter
The biggest advantage is peace of mind. Even if something unexpected happens to the parent, the policy ensures that the daughter’s financial goals are never affected.
2️⃣ Premium Waiver in Case of Death
If the father (policyholder) passes away during the term, LIC waives all remaining premiums but continues the policy. The maturity benefit will still be paid to the daughter as planned.
3️⃣ Tax Benefits
All premiums paid under this plan are eligible for tax deductions under Section 80C of the Income Tax Act. The maturity benefits are also tax-free under Section 10(10D).
4️⃣ Long-Term Wealth Creation
Consistent small investments over the years lead to a large payout at maturity. This promotes disciplined saving habits.
5️⃣ Education and Marriage Support
When the policy matures, parents get a large amount that can cover their daughter’s higher education, marriage expenses, or even help her start a new business.
6️⃣ Flexible and Reliable
You can select the policy term that suits your financial situation. LIC’s reputation and strong track record make this policy one of the most trusted investment options in India.
📈 Example of Returns
| Yearly Premium | Total Payment Period | Total Paid | Approx. Maturity Value |
|---|---|---|---|
| ₹43,200 per year | 22 years | ₹9,50,400 | ₹27,00,000 (approx.) |
So, with less than ₹10 lakh investment over two decades, you can build a corpus of around ₹27 lakhs.
🧾 Documents Required
To apply for the LIC Kanyadan Policy, you will need:
- Identity proof (Aadhaar Card, PAN Card)
- Age proof of father and daughter
- Address proof
- Birth certificate of the daughter
- Passport-size photographs
🖋️ How to Apply
You can apply for the LIC Kanyadan Policy in two simple ways:
- Offline: Visit your nearest LIC branch and meet an authorized LIC agent. They will help you choose the best plan term and premium structure.
- Online: Visit the official LIC website (www.licindia.in) and explore the “Child Plans” section. From there, you can calculate premiums and apply online.
🌺 Why Every Parent Should Consider This Plan
Parenthood is filled with responsibilities, and securing your child’s future is the most important one. The LIC Kanyadan Policy is more than just a financial plan — it’s a promise. It ensures that your daughter will always have the means to fulfill her dreams, even if you’re not around.
The small step of saving ₹121 a day can make a lifetime of difference for your daughter’s happiness and security. With rising education costs and wedding expenses, such foresight can make you a financially smart parent and give your daughter the freedom to live confidently.
Application Link
Final Thoughts
In a country where daughters are seen as “Lakshmi” — symbols of prosperity — the LIC Kanyadan Policy is a modern way to celebrate that belief. It’s a blend of love, responsibility, and financial wisdom. By starting early, parents can create a strong foundation for their child’s bright and independent future.
So, don’t wait for the right time — make the right time today!
Start investing in your daughter’s dreams and secure her tomorrow with the LIC Kanyadan Policy.

