Child savings plans at ₹3,000 a month

Her LIC child plans at ₹3,000 a month, next to Post Office SSY — so you can see why the cover is different. She does not sell the Post Office scheme.

Monthly saving ₹3,000Paying term 15 yearsTotal paid ₹5,40,000

Particulars	Post Office Sukanya Samriddhi (SSY) Girl child Comparison only — not sold here	LIC Jeevan Lakshya Money back	LIC Jeevan Tarun Child plan	LIC Bima Platinum Endowment
Policy term / maturity	21 years from opening (can continue)	25 years	25 years	25 years
Approx. maturity valueAssuming current rates stay the same	₹12.15 lakh at 21 · ₹15.20 lakh at 25	₹11.85 lakh at 25	₹12.97 lakh at 25	₹11.49 lakh at 25
If the parent passes away	Balance plus interest, as per scheme rules	Sum assured plus vested bonuses	Sum assured plus vested bonuses	Sum assured plus vested bonuses
Life cover	No — it is a savings scheme	Yes, throughout the term	Yes, throughout the term	Yes, throughout the term
Money back before maturity	No (partial withdrawal for education after 18)	Yes — 15%, 20%, 25% of SA	Yes — from the 18th year	No — lump sum at the end
Loan against it	No	Yes	Yes	Yes
Tax	80C · maturity exempt	80C · 10(10D)	80C · 10(10D)	80C · 10(10D)
Key features	Government-backed, current rate 8.2% p.a. Tax benefit under 80C (up to ₹1.5 lakh) Maturity exempt from tax (conditions apply) Keeps earning interest after 21 years if left in Meant for education and marriage of a girl child	Money back at 15%, 20% and 25% of sum assured Life cover throughout the policy term Lump sum at the end of 25 years Loan against the policy Tax benefit under 80C and 10(10D)	Built for a child's future Money back from the 18th year Life cover for the entire term Maturity at 25 — education, marriage or other needs Loan against the policy · tax benefit under 80C and 10(10D)	Protection plus savings in one plan One lump sum at 25 years Life cover throughout the policy term Loan against the policy Tax benefit under 80C and 10(10D)
Pick this if	You want the highest, safest return and do not need life cover on this money.	You want cash at milestones and the family covered if the parent is not there. Open plan	The payouts should start at 18 — college years — not earlier. Open plan	You prefer one large amount at the end rather than money back in between. Open plan

Illustration only — not a quote. LIC maturity values assume bonus rates as declared; SSY interest is revised by the Government every quarter. The advisor confirms numbers for your child's age and your goal.

Not sure which one?

Open the plan closest to your goal and request a call — the advisor walks you through this table for your child's age.

Request a call