Jeevan Saral (LIC)
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Postal Recurring Deposit
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1
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In
LIC you will get more amount after 10 year.
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In
postal you will get less amount after 10 years.
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2
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It is
tax free under section 80 C.
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No
tax benefit.
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3
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Maturity
is tax free under section 10 – 10 d.
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On
maturity tds is deducted.
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4
(a)
(b)
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Death
benefit.
Natural
Death = monthly premium 250 times + loyalty addition + all premium paid (less
1st year premium).
Accident
Death = monthly premium 500 times + loyalty addition + all premium paid (less
1st year premium).
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No
death benefit.
No
scheme in Postal R.D
No
scheme in Postal R.D.
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5
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Accidental
handicapped benefit (premium will be waived off & will get pension 10
years)
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No
scheme in Postal R.D
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6
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After
3 years partial withdraw of full amount if necessary (partial surrender)
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No
scheme in Postal R.D
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7
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Loan
available after 3 years on 9% interest rate.
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No
scheme in Postal R.D
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8
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We
can take policy term more than 10 years
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No
scheme in Postal R.D
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9
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Central
government reqd.
(sec.
37 & of Lic act)
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No
scheme in Postal R.D
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10
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Get
maturity installment with 5% compound interest
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No
scheme in Postal R.D
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11
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ECS
facility available
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No
scheme in Postal R.D
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