LIC Maturity Calculator - Calculate Policy Returns

What is LIC Maturity Calculator?

The LIC Maturity Calculator is a digital tool that helps policyholders estimate the final amount they'll receive at the end of their Life Insurance Corporation policy term. It considers:

✓ Sum Assured amount
✓ Policy duration
✓ Annual bonus rates
✓ Final additional bonuses

Key Benefits of Using Calculator

📈 Financial Planning

Plan your future finances with maturity amount estimates

⏱️ Time-Saving

Instant calculations instead of manual computations

How Calculations Work?

Maturity Amount = Sum Assured + (Annual Bonus × Policy Term) + Final Bonus

Example: ₹10L sum assured + ₹50/year bonus for 20 years + ₹1L final bonus = ₹21L maturity

FAQs

Q: Are LIC bonuses guaranteed?

A: Bonuses depend on LIC's performance and are declared annually.

Q: Is the calculator accurate for money-back policies?

A: This version calculates endowment plans. Money-back policies require adjustments for interim payouts.