LIC Bima Lakshmi is a limited premium payment, non-linked, non-participating, guaranteed lic endowment plan from the Life Insurance Corporation of India (LIC). This plan is offers a combination of both savings and protection and it ensuring financial security for your loved ones while also creating a lump sum for your future goals.

What Is the LIC Bima Lakshmi Plan Calculator?

LIC Bima Lakshmi Plan Calculator is an online tool to estimate the premium amount payable for your chosen policy term and sum assured and maturity amount you will receive at the end of the term and also life cover amount available during the policy period .

For get the better result for your calculation ,You have just need to enter the some basic details like age, policy term, premium paying term, and sum assured. After that the calculator instantly gives a detailed breakdown, Which are helping you to plan better before buying the policy.

How to Use the LIC Bima Lakshmi Plan Calculator

Hello dosto , we are see how this LIC Bima Lakshmi Calculator are work and give instantly detailed breakdown data to help you to plan better buying the policy. below we are learn Step-by-step process.

Step-by-step guide:

1. First of all visit a trusted LIC calculator page such as liccalc.com or use the official LIC premium calculator.
2. After that Select “LIC Bima Lakshmi 867” from the list of available plans.

Enter basic details:

1. Age of the policyholder
2. Policy term (10, 15, or 20 years)
3. Premium payment term (policy term minus 5 years)
4. Sum Assured (minimum ₹2 lakh and above in multiples of ₹25,000)
5. Now Click “Calculate” to see the result.

The calculator will show:

After clicking the calculate button this tool will provided following result

1. Annual, half-yearly, quarterly, and monthly premium options
2. Total premium paid over the policy period
3. Guaranteed Maturity Value
4. Death benefit coverage

LIC Bima Lakshmi Plan Calculator Real-Life Example

Real life Scenario:
Ravi, a 35-year-old professional, buys the LIC Bima Lakshmi Plan with:

1. Sum Assured: ₹10,00,000
2. Policy Term: 15 years
3. Premium Paying Term: 10 years

He Using the LIC Bima Lakshmi plan Calculator, and Ravi finds the many detailed result given below:

1. Annual Premium: ₹84,000 (approx.)
2. Total Premium Paid (10 years): ₹8,40,000
3. Guaranteed Maturity Value after 15 years: ₹10,00,000

Here ravi get the result after paying premiums for 10 years, Ravi receives a tax-free maturity amount of ₹10 lakh at the end of 15 years. Plus, during the entire term, he enjoys life cover of ₹10 lakh, protecting his family financially.

Why Use the LIC Bima Lakshmi plan Calculator Before Buying

Using the LIC Bima Lakshmi calculator before purchasing your policy is very crucial for making an financial decision. This simple online tool will helps you to understand the exactly which policy you are buy and also take action to manage budget. Here are following benefits.

1. It gives instant and accurate projections for you budget.
2. its also Helps to compare different term and premium combinations.
3. Saves time by avoiding manual calculations.
4. Builds trust and transparency in your investment decision.

The LIC Bima Lakshmi Plan Calculator is a simple and reliable online tool to plan your financial goals very efficiently. It also ensures that you make correct decisions with full clarity on premiums, maturity benefits, and life cover.

Before purchasing, always verify calculations on the official LIC portal or through a certified LIC agent for the most accurate and up-to-date figures.