LIC Maturity Calculator – Estimate Maturity Amount for Any LIC Policy
Simple, accurate, and fast—the LIC Maturity Calculator makes it easy to understand how much you will receive when your policy matures.
LIC Maturity Calculator
What is LIC Maturity Calculator? Understand it in simple language-
We provide complete information about all policy premium calculators related to Life Insurance Corporation of India LIC to our customers on Calculator View website.
In this sequence, we are providing you Lik Maturity Calculator. With the help of which you can easily get information about the probable i.e. estimated maturity amount of the policy.
Not only this, as soon as you fill in some information related to the loan policy, you will get to see the details of your estimated maturity amount in the live loan maturity calculator.
This free online LIC Maturity Calculator tool will be very useful for people who are thinking of doing financial planning or buying a LIC policy.
How to use LIC Maturity Calculator?
Using this Liq Maturity Calculator is quite simple and the usage is explained below:
- First of all, you have to enter the basic sum assured of the policy in this calculator.
- Then below you have to enter the annual premium, optionally but useful for comparison.
- You have to fill the details for how many years you are taking this policy.
- Enter the details of estimate i.e. bonus rate given by LIC on the basis of previous bonus.
- Alternatively, you can also enter the details of Final/Terminal Bonus.
- With live data on your screen as soon as you enter so much important information –
- Estimated Maturity Value
- total bonus
- total premium payment
All information related to is visible on the screen.
Sample Maturity Estimate
| Policy Term | Sum Assured | Bonus Rate | Final Bonus | Estimated Maturity Value |
|---|---|---|---|---|
| 20 Years | ₹5,00,000 | ₹45 per ₹1,000 SA | ₹10,000 | ₹9,60,000 |
| 18 Years | ₹3,00,000 | ₹50 per ₹1,000 SA | ₹5,000 | ₹5,65,000 |
| 21 Years | ₹7,00,000 | ₹42 per ₹1,000 SA | ₹15,000 | ₹11,75,000 |
➤ Related
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- LIC New Endowment Calculator
- LIC Single Premium Endowment Calculator
- LIC Amritbaal Calculator
- LIC Bima Jyot Calculator
- LIC Jeevan Azad Calculator
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