Get LIC Maturity Earnings Using LIC Maturity Calculator

Get LIC Maturity Earnings  Using LIC Maturity Calculator

Using the LIC Maturity Calculator check the final earnings Also check out the calculation formula for a maturity amount

Depending upon different factors users can choose any of the policies offered by LIC India depending on various factors including term, premium, and family coverage

You first need to understand what you will gain at the end of the term if you buy the policy and the users must have enough information before choosing any of the policies for them

Along with the risks and benefits you are free to choose the sum and term insurance of the policy because the premium is to be paid by the user for the whole term insurance

LIC Policy Calculator is explained in detail which would help you to choose a better policy

LIC Maturity Amount-All in one

The term and the maturity level depends on the policy you choose for yourself As you will to pay the premium till the end of term insurance and then would be able to receive LIC Maturity Amount for the respective policy

The policyholder gets a benefit or extra interest along with the LIC Maturity Amount at the end of the term of the policy

We suggest the LIC Maturity Calculator as if you Nominee would receive the policy LIC is a lengthy and time taking process so it is very important to understand the befits that the policyholder would gain in the end

The calculation is made a little different as the LIC announces different maturity levels and terms for policyholders Using the all in one Maturity Calculator is much convenient

Jeevan Anand LIC Maturity Calculator

Among all the policy schemes launched in India in 2013 Jeevan Anand is one of the best policy schemes Here is the simple LIC Maturity Calculator behind the LIC policy

  • LIC Plan sum assured is 10 lakhs
  • The premium payment term is 15 years
  • Assure that the policy started in January 2016
  • Here are the details and Maturity level of LIC Policy after calculation
  • Sum Assured (A)=Rs. 10,10,000
  • On Maturity Total Bonus (B)=Rs. 6,76,700
  • Maturity Amount(A+B)=Rs. 16,86,700
  • Maturity Period=January 2030

After the maturity period addition, maturity benefit would be 6,76,700 as per the above calculations

It is clear from the given example that after 15 years a total maturity level of 6,76,700 would be given to the policyholder or the nominee

LIC Maturity Total Balance Amount Calculation

It is important to note for the policyholder if he chooses a policy that would happen in the end. You will not receive any benefits or additional bonuses if the term insurance for your policy has been completed already

An extra bonus amount is given to policyholders in some cases Interest rates declared by the LIC Organization annually decide the extra bonus amount

We are Taking the interest rate of last year under consideration as we don’t know the present interest rates

Term of the policy and policy type determines the bonus levels for the policy There are different terms and interest rates for various policies introduced by LIC

Calculation Formula For LIC Maturity Amount

To calculate the LIC maturity amount there is no direct formula To know in detail here is the formula that may help

LIC Total Maturity Amount=Sum Assured(A)+Total Bonus Amount On Maturity(B)

Sum Assured (A)=After term completion for the policy total assured and paid amount

Total Bonus Amount On Maturity(B)=If X is the declared bonus per 1000

Sum Assured=X*(Sum Assured/1000)

Maturity Calculator LIC Jeevan Anand

A difference in term and bonus per 1000 is observed in case you opted for the Jeevan Anand policy

After the end of the year of the term, you will be able to receive the bonus as told by your LIC agent The term insurance ranges from 5 Lakhs to 1 Crore

Propose Sum(A) and Bonus(B) is the only difference. To calculate to total sum in the end the formula is the same in LIC

LIC Jeevan Anand Policy=Total sum Assured(A)+Total Maturity Bonus(B)

Excel LIC Maturity Calculator

To keep all your files offline in excel format and to track your LIC investment is the best possible advice The LIC Maturity calculator can be added within the same sheet In this way you can easily check the total maturity amount expected at the end of the policy tenure

To use the same formula as your personal calculator by pasting it within the sheet Using this strategy you will be aware of various schemes being introduced and would extract maximum benefit out of them

App For LIC Calculation

To check your premium if you are an Android or IOS user it is much easier to have LIC Customer official App installed on your device at  

Various Apps and options are available in the market to calculate LIC premium amount LIC India has an official app named LIC Customer Official App Different LIC plans and LIC premium calculator is available in the app At the same time a login portal is also available. To access the policies and make right away payments works the best

Maturity Calculator LIC Jeevan Saral

Among the owned plans in LIC is Jeevan Saral Maturity is provided as it is a maturity based insurance plan when the term gets completed or the user is not more

The term is 25 years in LIC Jeevan Saral. INR 4704 is the only per annum premium. The additional benefit of 2 lakhs and death benefit up to 4 Lakhs is given On the term provided all these values varies

You will receive 2 Lakh or 4 lakh in case the premium paid is 1 Lakh. To get the idea of LIC Jeevan Saral same formula can be used as well

Maturity Calculator For LIC Endowment Policy

For the individuals between 8 to 55 years, LIC Endowment Policy has the term of 12 to 35 years

The maturity term is 15 years if your chosen plan is for 10 lakhs The bonus at the end of the term given is 6,25,00 INR

To calculate the maturity for endowment policy same LIC Maturity calculator can be used

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