LIC Maturity Calculator
Estimate the maturity value of your policy
Estimated Results
Basic Sum Assured:
Total Estimated Bonus:
Estimated Maturity Amount:
Disclaimer: This is an illustrative calculation based on the data you provide. The actual bonus rates are declared by LIC annually and can vary. This calculator is for informational purposes only. Please consult an official LIC advisor for exact details.
How to Use Our LIC Calculator
- Enter Sum Assured: This is the basic death benefit or the amount of life cover for your policy. Enter this amount in Rupees.
- Enter Policy Term: This is the total duration of your policy in years (e.g., 15, 20, 25 years).
- Enter Assumed Bonus Rate: The bonus is declared by LIC per thousand of Sum Assured each year. You can check your policy document for an illustrative rate or use an average figure (e.g., between 40 to 50). This has a significant impact on the final amount.
- Click “Calculate Maturity”: The tool will instantly show you the estimated maturity amount.
Understanding the Results
- Basic Sum Assured: The guaranteed amount you will receive upon maturity.
- Total Estimated Bonus: This is the accumulated “Simple Reversionary Bonus” over the entire policy term. It is an estimate and not guaranteed.
- Estimated Maturity Amount: This is the final, total amount (Sum Assured + Total Bonus) you are likely to receive when your policy matures.