The LIC Bima Jyoti Maturity Calculator is an online tool which are designed for the Bima Jyoti Plan (Table No. 760) , that calculator are use to helps policyholder to estimate the guaranteed returns and benefits payable on the maturity date of the policy. Under this calculator Users have to input their age, chosen sum assured, policy term, and premium paying term to see the maturity amount which will they receive after the policy period.
LIC Bima Jyoti Maturity Calculator
Plan 760 - Calculate your maturity value with guaranteed additions
Enter Policy Details
Note: This calculator provides an estimate based on LIC guaranteed addition rate of ₹50 per ₹1000 Basic Sum Assured per year. Actual values may vary.
Your Maturity Estimate
About LIC Bima Jyoti Plan (760)
LIC Bima Jyoti is a non-linked, non-participating, individual savings life insurance plan offering financial protection with lump sum maturity benefit.
Key Benefits
- Guaranteed Additions
- Lump-sum Maturity Benefit
- Death Benefit
- Loan Facility
Eligibility
- Entry Age: 90 days to 60 years
- Policy Term: 15–20 years
- Premium Paying Term: (Policy Term - 5) years
- Min Sum Assured: ₹100,000
Additional Features
- Tax Benefits under Sec 80C & 10(10D)
- Riders Available
- Grace Period: 30 days
- Revival within 2 years
How to Use the LIC Bima Jyoti Maturity Calculator ?
To use the LIC Bima Jyoti Maturity Calculator (Plan 760), just you have to follow these easy steps to find out your policy maturity amount .
Step-by-Step Process
- Basic Sum Assured (₹)
- Here place the amount of insurance coverage you want. This is the basic sum assured for your policy.
- Age at Entry (Years)
- at this place you have to inter the age in which you are take the policy.
- Policy Term (Years)
- In this section policyholder have to Choose for how many years he want the policy to run (for example, 15 or 20 years).
- Premium Paying Term (Years)
- There enter how many years you want to pay the premiums (usually 5 years less than the policy term; for a 20-year policy, pay for 15 years).
- Calculate maturity Value
- After fill all required information you have to Click on the “Calculate maturity Value” button. Now The calculator will quickly show results for your annual premium, total premiums paid, guaranteed additions, and your final maturity benefit.
Example Calculation
A 35-year-old Rinku purchasing a ₹10 lakh Sum Assured for 20 years (PPT: 15 years), pays yearly premium of ₹78,770.
After 20 years, maturity benefit is ₹20 lakhs (₹10 lakh Sum Assured + ₹10 lakh guaranteed additions).
Additional Benefits
- Death benefit: Policy holder will get 125% of sum assured plus accrued guaranteed additions.
- Tax benefits: Under this Premiums exempt under Section 80C; claims generally exempt under Section 10(10D).
- Loans and surrender values available after at least one year’s premium payment.
Also Read
— LIC Bima Jyoti Premium Calculator (760)
