lic premium calculator

Maturity Calculator
Premium Calculator
Endowment Plans
Money Back Plans
Whole Life Plans
Child Plans
Pension Plans

Policy Details

Maturity Value

Total Maturity Amount
₹ 11,75,000
for a 20-year Jeevan Anand Policy

Amount Breakdown

Sum Assured: ₹ 5,00,000
Accumulated Bonuses: ₹ 4,80,000
Final Additional Bonus: ₹ 1,50,000
Loyalty Additions: ₹ 45,000
Total Maturity Value: ₹ 11,75,000

Investment Analysis

Total Investment
₹ 5,00,000
Total Returns
₹ 6,75,000
CAGR
4.2%
ROI
135%

Tax Benefits

Annual premium qualifies for 80C deduction (up to ₹1.5L)
Maturity amount is completely tax-free under 10(10D)
Estimated tax savings: ₹ 7,500/year

Investment Comparison

Investment Returns Risk Tax
Your LIC Policy 4.2% CAGR Low Tax Free
Fixed Deposit 6.5% CAGR Low Taxable
Mutual Funds 12% CAGR High Taxable

Next Steps

Review Policy Document

Verify bonus rates and terms in your policy document

Set Premium Reminders

Ensure timely premium payments to avoid policy lapse

Contact LIC Agent

Discuss additional coverage or policy modifications

Consider Additional Coverage

Explore term insurance for higher life coverage

Important Notes

Bonus rates are not guaranteed and may vary based on LIC's performance
Early surrender may result in significant loss of investment
Policy provides life insurance coverage throughout the term

Easy LIC Amritbaal Calculator for Your Child’s Future

Ashish kumare
LIC Amritbaal Premium Calculator 2024 - Child Insurance Plan Calculator Online

LIC Amritbaal Premium Calculator 2024

Calculate your LIC Amritbaal child insurance plan premium instantly with our free online calculator. Get accurate premium rates, maturity benefits, and tax savings under Section 80C for your child's financial security.

Premium Calculator
Enter your details to calculate the premium for LIC Amritbaal plan
Premium Results
Your calculated premium and benefits

Fill in the details and click "Calculate Premium" to see your results

LIC Amritbaal Plan Key Features & Benefits
Why choose LIC Amritbaal child insurance plan for your child's future
Complete Life Protection
Comprehensive life insurance coverage for your child with death benefit options
Guaranteed Returns
Assured returns with bonus additions and guaranteed maturity benefits
Tax Benefits Section 80C
Tax deductions up to ₹1.5 lakh under Section 80C of Income Tax Act
Flexible Premium Payment
Choose from limited premium or regular premium payment options
Child's Future Security
Secure your child's education and marriage expenses with guaranteed corpus
Online Discount Available
Get 2% discount on premium when you buy LIC Amritbaal plan online
Frequently Asked Questions - LIC Amritbaal Plan
Common questions about LIC Amritbaal child insurance premium calculation

What is LIC Amritbaal Plan?

LIC Amritbaal is a child insurance plan that provides life coverage for children aged 0-12 years with guaranteed returns and tax benefits under Section 80C.

How is LIC Amritbaal premium calculated?

Premium depends on child's age, sum assured, policy term, premium paying term, and death benefit option. Younger children get lower premium rates.

What are the tax benefits in LIC Amritbaal?

Premiums paid are eligible for tax deduction up to ₹1.5 lakh under Section 80C. Maturity proceeds are tax-free under Section 10(10D).

What is the minimum and maximum sum assured?

Minimum sum assured is ₹1 lakh and maximum can go up to ₹20 lakhs or more, depending on your financial capacity and child's needs.

Disclaimer

This calculator provides an estimate of your LIC policy maturity amount based on the information provided and current bonus rates. The actual maturity value may vary depending on LIC's declared bonus rates, any revisions in policy terms, or additional factors. This tool is for informational purposes only and does not guarantee the actual maturity amount. For exact values, please refer to your policy document or contact LIC directly.