LIC Power Scheme for 2025 – In 2025, LIC has rolled out one of its most powerful investment schemes yet, designed especially for small savers who dream big. By saving just ₹45 per day, you can potentially build a corpus of ₹25 lakh over a long period. This article explores how this plan works, what the benefits are, and who should consider investing.
What Is LIC’s Power Scheme 2025?
The LIC Power Scheme 2025 is a high-value, long-term savings plan tailored for individuals who want to create wealth with small but consistent savings. It’s ideal for people looking for secure investments with guaranteed returns and life coverage. This scheme is generally based on LIC’s popular endowment or money-back plans where your small daily savings are converted into large maturity amounts thanks to disciplined investments and accumulated bonuses.
Key Highlights:
- Save just ₹45 per day (₹1,350 per month)
- Get approximately ₹25 lakh at maturity
- Comes with life insurance coverage
- Suitable for 18 to 50 years age group
- Tenure can range between 15 to 25 years
How Does ₹45 Daily Grow into ₹25 Lakh?
By investing just ₹45 daily in LIC’s Power Scheme 2025, your small savings accumulate into a large corpus over time through disciplined contributions, compound interest, and LIC’s annual bonuses. Over a policy term of 25 years, these daily deposits—along with reversionary and final bonuses—can add up to a maturity amount of approximately ₹25 lakh, offering both growth and security in one plan. This scheme works through the power of compounding and LIC’s bonus system. Let’s understand how your monthly savings convert into lakhs over time.
Sample Investment Breakdown:
| Monthly Investment | Yearly Investment | Policy Term | Estimated Maturity Amount | Total Investment | Life Cover | Bonus Type |
|---|---|---|---|---|---|---|
| ₹1,350 | ₹16,200 | 25 Years | ₹25,00,000 | ₹4,05,000 | ₹5,00,000 | Reversionary + Final |
| ₹1,500 | ₹18,000 | 20 Years | ₹20,00,000 | ₹3,60,000 | ₹4,00,000 | Reversionary + Final |
| ₹1,000 | ₹12,000 | 25 Years | ₹18,00,000 | ₹3,00,000 | ₹3,50,000 | Reversionary Only |
| ₹2,000 | ₹24,000 | 20 Years | ₹28,00,000 | ₹4,80,000 | ₹6,00,000 | Reversionary + Final |
| ₹1,200 | ₹14,400 | 22 Years | ₹19,50,000 | ₹3,16,800 | ₹4,20,000 | Reversionary Only |
| ₹1,800 | ₹21,600 | 25 Years | ₹30,00,000 | ₹5,40,000 | ₹6,50,000 | Reversionary + Final |
| ₹900 | ₹10,800 | 25 Years | ₹15,00,000 | ₹2,70,000 | ₹3,00,000 | Reversionary Only |
| ₹1,350 | ₹16,200 | 20 Years | ₹19,00,000 | ₹3,24,000 | ₹3,80,000 | Reversionary Only |
Benefits of LIC’s Power Saving Scheme
LIC’s scheme is loaded with benefits that go beyond just the maturity amount. Here’s what makes it attractive:
- Life Insurance Coverage: Financial security for your family
- Tax Benefits: Under Section 80C and Section 10(10D)
- Guaranteed Returns: Ensured payout on maturity or death
- Bonus Additions: Reversionary and final additional bonuses increase returns
- Loan Facility: Borrow against the policy after 3 years
- Surrender Value: Exit anytime after the lock-in period
Eligibility Criteria and Documentation Required
To enroll in the scheme, you must meet a few basic eligibility norms. It’s designed to be simple and accessible.
Eligibility Table:
| Criteria | Details |
|---|---|
| Minimum Entry Age | 18 years |
| Maximum Entry Age | 50 years |
| Maximum Maturity Age | 75 years |
| Minimum Policy Term | 15 years |
| Maximum Policy Term | 25 years |
| Minimum Premium | ₹1,000 monthly (approx ₹35/day) |
| Maximum Premium | No upper cap |
Required Documents:
- Aadhar Card
- PAN Card
- Address Proof
- Passport-size Photo
- Bank Account Details
- Income Proof (for higher sum assured)
Comparison with Other LIC Plans
Wondering how this scheme stacks up against other LIC offerings? Here’s a comparison chart:
| Plan Name | Premium (Monthly) | Maturity Value | Life Cover | Policy Term | Bonus Included | Tax Benefit |
|---|---|---|---|---|---|---|
| LIC Power Scheme 2025 | ₹1,350 | ₹25,00,000 | ₹5,00,000 | 25 Years | Yes | Yes |
| LIC Jeevan Labh | ₹1,500 | ₹22,00,000 | ₹4,50,000 | 25 Years | Yes | Yes |
| LIC Jeevan Anand | ₹1,800 | ₹27,00,000 | ₹6,00,000 | 25 Years | Yes | Yes |
| LIC Bima Jyoti | ₹1,300 | ₹20,00,000 | ₹4,00,000 | 20 Years | Limited | Yes |
| LIC New Endowment | ₹1,200 | ₹18,00,000 | ₹3,50,000 | 20 Years | Yes | Yes |
How to Apply for the LIC Power Scheme 2025
Applying is simple and can be done both offline and online. Here’s how:
Offline Process:
- Visit your nearest LIC branch.
- Submit required documents.
- Choose policy term and premium.
- Complete medical check-up (if required).
- Pay the first premium.
Online Process:
- Visit LIC official website.
- Navigate to “Buy Policy Online”.
- Select the plan and input details.
- Upload KYC documents.
- Make payment via UPI/Netbanking/Credit Card.
This scheme is perfect for individuals who want long-term wealth with minimum risk and guaranteed returns. Starting early gives you the benefit of longer compounding and larger returns. This is a great tool for retirement, children’s education, or future home planning.
Tips to Maximize Returns:
- Start early and maintain premium discipline.
- Choose the longest policy term.
- Don’t miss premium payments.
- Reinvest the maturity amount if not immediately required.
- Monitor policy bonuses annually.
FAQs
1. Is the LIC Power Scheme 2025 available online?
Yes, you can apply directly via LIC’s official website.
2. Can I change the premium amount later?
No, the premium is fixed at the time of policy purchase.
3. What happens if I miss a premium payment?
LIC provides a grace period. However, repeated defaults may lead to policy lapse.
4. Is medical examination mandatory?
It depends on your age and sum assured. In most cases, LIC may require a medical check-up.
5. Can NRIs invest in this LIC scheme?
Yes, most LIC plans are open to NRIs, but they must follow specific documentation and eligibility norms.