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Dear LICan Friends and LIC Policy Holders,

 

Now you can save your LIC Policy’s premium with revolutionary new concept launched by LIC Mutual Fund. There are 3 schemes are eligible for this mechanism. They are:

  • LIC MF Liquid Fund.

  • LIC MF Low Duration Fund.

  • LIC MF Banking & PSU Debt Fund. 

We prefer LIC MF Banking And PSU Debt Fund. By using LIC MF Banking And PSU Debt Fund - Regular Plan - Growth scheme you can pay your LIC policy’s premium of any mode hassle free and reduce insurance premium cost equal to appreciation growth of LIC Banking And PSU Debt Fund.

 

To avail this facility you just have open folio by investing lump sum or through SIP of appropriate amount in any of above 3 schemes (LIC MF Banking and PSU Debt Fund is preffered). There after you simply have to fill and handover SWP Mandate form along with POLICY DUCUMENT Copy and PAN COPY to Area office or Business Centre of LIC Mutual Fund. Policy holder must obtain email ID and mobile phone number for receiving of premium payment services.

 

Typical Example of AUTO PREMIUM PAYMENT SERVICES:

Policy No.: 835463032

Name of Policy Holder: Mr. Arunkumar Babubhai Patel.

Quarterly Premium: Rs. 6635/-

Annual Expenditure for Premium: Rs. 26,540/-

We suggest SIP in Savings Plus of Rs. 2100/- per month with change in mode from Quarterly to Yearly which reduce premium to Rs 25,699/-

Total SIP investment per Year Rs.2100 X 12 = 25,200/-

Appreciation May come from LIC MF Low Duration Fund per year at least Rs.800/-

Total Corpus Available at the End of Year Rs. 25,200 + Rs. 800/- = Rs. 26,000/-

 Total Saving Rs. 26,540 – Rs. 25,200 = Rs. 1340/- per year and Rs. 33,500 in rest 25 years of policy term.

The big advantage is that any traditional LIC policy can be taken in like 

SINGLE PREMIUM

Click to see Statement of Account to know how account book is maintained. (Last Updated on 29/11/2022)

Click to Download APPS Calculator.

Click to Download LIC's Forms to Activate the Facility.

Click for Product Brochure or APPS Presentation.

Click to Register APPS Mandate Online (If you already have LIC MF Portfolio in any of suggested scheme)

Click on 1 or 2 to Register APPS Mandate Online (If you don't have LIC MF Portfolio in any of suggested scheme)

 1. For Android Phone

 2. For iOS Phone. (Use Phone No 9227481991 to locate your portal) 

Procedure for activation:

  • Download the form.

  • Fill the form.

  • Attach PAN copy and Address proof (A4 Size) duly self attested.

  • Paste photo on KYC form.

  • Sign across photograph and in given block.

 

Send to our Ahmedabad office by Speed Post Or Courier.

PRASANNA KUMAR KANALDEKAR.

C\o. Mera Nivesh By RUPAYE BABA.

699/4607, GHB, Near Ghanti Stand,

Bapunagar, AHMEDABAD-380024.

 

Special Note:

Tailor Made plans can be designed to suit specific requirement using this service.

Your positive response is awaited.

LIC Agents are invited to Become A Partner with us.

Phone:+91-9227481991 (WhatsApp)

Email: support@meranivesh.com

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