LIC Maturity Calculator

Understanding Your LIC Maturity

Our calculator uses the official LIC bonus calculation formula to give you the most accurate estimate of your maturity amount. Learn more about how bonuses are calculated and factors affecting your policy maturity value.

Why LIC is Important for Everyone?

Life Insurance Corporation (LIC) plays a crucial role in financial security and stability for individuals and families. It provides a safety net by ensuring financial protection in case of unforeseen events like death, disability, or critical illness. LIC policies also serve as a disciplined savings tool, helping individuals accumulate wealth over time for future goals like children's education, retirement, or emergencies. Additionally, LIC offers tax benefits under various sections of the Income Tax Act, making it a smart investment choice. With guaranteed returns and a reliable track record, LIC is a trusted partner for securing one’s financial future.

Understanding LIC Maturity Benefits

Learn how LIC policies work and what factors affect your maturity amount. Our calculator helps you estimate your returns accurately based on current bonus rates.

Why Use Our LIC Calculator?

Our tool provides instant results with precision, helping you plan your finances better. Get clear insights into your policy's growth potential.

How We Calculate

Our calculator uses the official LIC bonus calculation formula is: 

(Total Premiums = Monthly Premium × 12 × Policy Term

Total Bonus = (Total Premiums × Bonus Rate × Policy Term) / 100

Total Maturity = Total Premiums + Total Bonus). This gives you the most accurate estimate of your Maturity amount.

Why Monthly Premiums Matter

By entering your monthly premium amount, we calculate the total premiums paid over the policy term and apply the bonus rate to give you the final maturity value.