Aadhaar Stambh Plan 943
Aadhaar Stambh Plan 943: In today’s world, financial security is no longer a luxury – it’s a necessity. For middle-class Indians, the biggest challenge is to secure family protection and build guaranteed savings without taking unnecessary risks.
To meet this need, Life Insurance Corporation of India (LIC) launched the Aadhaar Stambh Plan 943, exclusively designed for male policyholders who have an Aadhaar card.
This plan combines life insurance protection with assured savings, making it a reliable option for those who want low-risk wealth accumulation. It is particularly attractive for salaried individuals, small business owners, and self-employed people who want affordable premiums with guaranteed maturity benefits.
What is LIC Aadhaar Stambh Plan 943?
LIC Aadhaar Stambh (Plan No. 943) is a non-linked, with-profits, endowment life insurance plan. It is specially designed for male lives only (female applicants can opt for LIC Aadhaar Shila Plan 944).
The plan provides:
- Insurance coverage in case of the policyholder’s death
- Maturity benefit with loyalty additions if the policyholder survives the term
- Affordable premium options for middle-class families
Key Features of Aadhaar Stambh Plan 943
- ✅ Exclusively for male lives with Aadhaar card
- ✅ Low premium endowment plan
- ✅ Loyalty additions after completing 5 years
- ✅ Simple reversionary bonuses (profits are shared with policyholders)
- ✅ Maturity benefit + Death benefit
- ✅ Loan facility available after 3 years of premium payment
- ✅ Tax benefits under 80C (premiums) and 10(10D) (maturity/death proceeds)
LIC Aadhaar Stambh Plan 943 – Eligibility Criteria
| Particulars | Details |
|---|---|
| Plan Name | LIC Aadhaar Stambh (943) |
| For Whom? | Only male lives with Aadhaar |
| Minimum Entry Age | 8 years |
| Maximum Entry Age | 55 years |
| Minimum Maturity Age | 18 years |
| Maximum Maturity Age | 70 years |
| Policy Term | 10 to 20 years |
| Sum Assured Range | ₹75,000 to ₹3,00,000 |
| Premium Payment Mode | Yearly, Half-yearly, Quarterly, Monthly (NACH/Salary deduction) |
| Loan Facility | Available after 3 years |
| Tax Benefits | Available under IT Act 1961 |
Benefits of LIC Aadhaar Stambh Plan 943
1. Maturity Benefit
If the policyholder survives the policy term:
👉 Sum Assured on Maturity + Loyalty Additions (if any)
2. Death Benefit
If the policyholder dies during the term:
👉 Sum Assured on Death + Loyalty Additions (if any)
- Before 5 years: Basic Sum Assured is paid
- After 5 years: Basic Sum Assured + Loyalty Additions
3. Loyalty Additions
Loyalty addition is declared after 5 policy years (depends on LIC’s profits).
4. Loan Facility
Available after 3 years of premium payment.
5. Tax Benefits
- Premiums qualify under Section 80C
- Maturity/death proceeds are tax-free under 10(10D)
Premium & Maturity Illustration
Example: Mr. Rajesh, Age 30, Sum Assured ₹2,00,000, Policy Term 20 years.
| Particulars | Details |
|---|---|
| Annual Premium | ₹9,800 approx. |
| Total Premium Paid (20 years) | ₹1,96,000 |
| Maturity Value (Sum Assured + Loyalty Additions) | ₹2,80,000 – ₹3,00,000 approx. |
| Net Gain | ₹84,000 – ₹1,00,000 + Life Cover |
👉 So, Rajesh pays less than ₹10,000 annually and receives almost ₹3 lakh at maturity, with life cover throughout the policy.
Investor Scenarios
Scenario 1 – Young Salaried Professional (Age 25)
- Takes policy of ₹2 lakh for 20 years
- Pays ~₹9,000 per year
- At maturity, receives ~₹2.8–3 lakh
- Uses funds for child’s education
Scenario 2 – Family Man (Age 40)
- Policy of ₹3 lakh for 15 years
- Pays ~₹16,000 per year
- At maturity, receives ~₹4.2–4.5 lakh
- Uses maturity amount for daughter’s marriage
Scenario 3 – Small Business Owner (Age 35)
- Policy of ₹1.5 lakh for 12 years
- Pays ~₹8,000 per year
- At maturity, gets ~₹2.1 lakh
- Keeps funds as emergency savings
Real-Life Examples
- Anil (Age 28): Bought plan for ₹2.5 lakh, term 20 years. Premium ~₹12,000 yearly. At maturity, will get ~₹3.6 lakh.
- Ravi (Age 45): Took ₹1.5 lakh policy, 15 years. Premium ~₹10,000 yearly. Expected maturity ~₹2.1 lakh.
- Kiran (Age 32): Paid ₹9,000 yearly for 20 years. Will receive ~₹2.8 lakh, doubling savings safely.
Analyst Insights on Aadhaar Stambh 943
- Insurance Advisors: “A perfect plan for men looking for a low-cost, simple savings + insurance product.”
- Financial Experts: “Best suited for those with limited income who want guaranteed returns without market risks.”
- Analysts’ Note: “Though returns are moderate, the plan is highly reliable for middle-class households.”
Advantages & Limitations
Advantages
✅ Low and affordable premiums
✅ Dual benefit of insurance + savings
✅ Loan facility
✅ Loyalty additions after 5 years
✅ Tax benefits
Limitations
❌ Only for men with Aadhaar
❌ Sum Assured limited to ₹3 lakh
❌ Returns lower than equity/mutual funds
LIC Aadhaar Stambh 943 vs Aadhaar Shila 944
| Feature | Aadhaar Stambh 943 | Aadhaar Shila 944 |
|---|---|---|
| For Whom? | Men (Aadhaar holders) | Women (Aadhaar holders) |
| Minimum SA | ₹75,000 | ₹75,000 |
| Maximum SA | ₹3,00,000 | ₹3,00,000 |
| Bonuses | Loyalty Additions | Loyalty Additions |
| Target Audience | Male investors | Female investors |
FAQs (Google-Friendly)
Q1. What is LIC Aadhaar Stambh Plan 943?
It is a low-premium endowment plan for male Aadhaar holders, offering life cover + maturity benefits.
Q2. What is the sum assured range?
Minimum ₹75,000 to maximum ₹3 lakh.
Q3. Can women buy Aadhaar Stambh 943?
No, women can opt for LIC Aadhaar Shila Plan 944.
Q4. Does Aadhaar Stambh offer loyalty additions?
Yes, loyalty additions are added after completing 5 years.
Q5. Can I take a loan against this policy?
Yes, after paying 3 years of premiums.
Q6. What tax benefits are available?
Premiums under Section 80C and maturity/death benefits under Section 10(10D).
Q7. Is Aadhaar Stambh better than PPF/Mutual Funds?
PPF/mutual funds give higher returns, but Aadhaar Stambh offers guaranteed returns + life cover.
Q8. Who should buy Aadhaar Stambh 943?
Salaried men, small business owners, and lower-income earners who want affordable life cover + savings.
Final Thoughts – Should You Invest in LIC Aadhaar Stambh 943?
LIC Aadhaar Stambh Plan 943 is a low-premium, high-trust plan for Indian men with Aadhaar. It offers:
- ✅ Insurance protection for the family
- ✅ Maturity benefit with loyalty additions
- ✅ Loan and tax benefits
It may not give stock market-like returns, but it ensures safety, stability, and financial discipline – which is priceless for middle-class Indian families.
👉 Best suited for:
- Young salaried professionals
- Small business owners
- Men looking for affordable insurance + savings
If you want assured savings, guaranteed insurance, and tax benefits in one simple plan, LIC Aadhaar Stambh 943 is an excellent choice.
