Jeevan Saral Policy or PPF account

POSTED BY deepak choudhary ON August 7, 2012 12:43 pm COMMENTS (3)

I have taken a jeevan saral policy last month with a premium of 1500 per month .Is it good to invest in this scheme or should I go for a PPF account as I heard the return form PPF are guaranteed and higher than this policy ? Please provide your valuable suggestion….
And how can I close my Jeevan Saral Policy ?

3 replies on this article “Jeevan Saral Policy or PPF account”

  1. BRSINGH says:

    Please go immediately to LIC and tell them that you want to surrender your policy. But i don’t think they will give that option to surrender because you have given only one premimum. In that case request them to revoke the ECS (i think you need to fill some from to stop ECS payment). Once ECS is revoked don’t pay any more.

  2. deepak choudhary says:

    But I given given them my bank details and my further premiums will be directy debited from my account….so how do I stop that ?

  3. BRSINGH says:

    Go for ppf acc or debt fund. Just for forget the 1500rs and dont pay more. I dont think you can surrender it now. So by default it will become paid up if you dont pay anymore premium. This amount you will get after maturity of policy. But do you really care about this amount get after maturity?

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