Hi friends, I made this LIC Maturity Calculator so that individuals like me can easily see what they will receive at the maturity of their LIC policy. Simply put in your sum assured, policy duration, and bonus rate, and it displays the maturity amount in seconds — no confusion, no math. It’s easy, quick, and completely free to use.
Welcome to LIC Maturity Calculator
Easily calculate your maturity amount with bonus and final returns. Here
LICPolicyTools.com.
Start Calculating NowLIC Maturity Calculator
This is an estimate; actual values depend on your LIC plan.
✔ “Understand Your LIC Maturity Calculation with Real-Life Examples.”
Frequently Asked Questions (FAQs)
What is LIC maturity amount?
The LIC maturity amount is the sum total that a policyholder receives at the end of their policy term, which includes the sum assured, bonus, and any final additional bonus (FAB) that may apply to the policy. It represents the amount paid by LIC when the policy matures, and the policyholder is entitled to claim the proceeds.
How is LIC bonus calculated?
LIC bonuses are calculated based on the sum assured, the policy term, and the bonus rate. The bonus is typically paid annually, and for the maturity calculator, the bonus is calculated by multiplying the bonus rate by the sum assured per ₹1000, and then adjusting it for the number of years the policy has been active. The bonus rate varies based on the type of policy and LIC’s declared bonus rate.
Where can I find the bonus rate for my plan?
The bonus rate can be found in your policy document or by contacting LIC customer service.
Does this calculator work for all LIC plans?
This calculator works for most standard LIC policies, but may not apply to all plans. Check your specific plan for accurate calculations.