Plan Banao: your free family money plan
Plan Banao is a free, no-signup tool that builds a complete money plan for your family in about two minutes. Tell it your age, income, family details and how much you can invest each month, and it splits your budget across the three things that matter most: protecting your family with term insurance, saving for your child’s education and marriage, and building a retirement corpus. It now shows the actual LIC premium, sum assured and estimated maturity for each recommended plan, at low, medium and high risk, side by side.
Unlike a sales pitch, Plan Banao gives you honest guidance. It recommends the right LIC plan when a guaranteed plan genuinely fits — a child plan, or a lifelong-income plan like Jeevan Utsav or Jeevan Umang for retirement — and it tells you plainly when a term plan plus a mutual-fund SIP would build more wealth for the same money. No sales, only logic.
Frequently asked questions
Is Plan Banao free? Yes, it is completely free and needs no sign-up or personal details.
Are the LIC premiums real? Yes — they are computed from LIC’s published Quick-Quote rates. Maturity figures assume the current bonus continues and are estimates; confirm exact numbers on each plan’s calculator.
Does it only recommend LIC plans? No. It recommends LIC where a guaranteed plan fits, but is upfront about when term insurance plus a SIP is the better choice.