LIC Jeevan Labh Plan 936 Calculator
An online tool to calculate the maturity benefits of LIC's Jeevan Labh plan.
LIC Jeevan Labh is a limited premium paying, non-linked, participating endowment plan. Here is what you need to know at a glance:
Calculation Results
*Note: The values shown above are estimates based on standard bonus rates. Actual maturity amount may vary based on LIC's declared rates at the time of maturity. Premiums are estimates and exclude GST.
| Year | Premium Paid | Cumulative | Accrued Bonus | Death Benefit |
|---|---|---|---|---|
| 1 | тВ╣ 33,600 | тВ╣ 33,600 | тВ╣ 47,000 | тВ╣ 1,047,000 |
| 2 | тВ╣ 33,600 | тВ╣ 67,200 | тВ╣ 94,000 | тВ╣ 1,094,000 |
| 3 | тВ╣ 33,600 | тВ╣ 100,800 | тВ╣ 141,000 | тВ╣ 1,141,000 |
| 4 | тВ╣ 33,600 | тВ╣ 134,400 | тВ╣ 188,000 | тВ╣ 1,188,000 |
| 5 | тВ╣ 33,600 | тВ╣ 168,000 | тВ╣ 235,000 | тВ╣ 1,235,000 |
| 6 | тВ╣ 33,600 | тВ╣ 201,600 | тВ╣ 282,000 | тВ╣ 1,282,000 |
| 7 | тВ╣ 33,600 | тВ╣ 235,200 | тВ╣ 329,000 | тВ╣ 1,329,000 |
| 8 | тВ╣ 33,600 | тВ╣ 268,800 | тВ╣ 376,000 | тВ╣ 1,376,000 |
| 9 | тВ╣ 33,600 | тВ╣ 302,400 | тВ╣ 423,000 | тВ╣ 1,423,000 |
| 10 | тВ╣ 33,600 | тВ╣ 336,000 | тВ╣ 470,000 | тВ╣ 1,470,000 |
| 11 | тВ╣ 33,600 | тВ╣ 369,600 | тВ╣ 517,000 | тВ╣ 1,517,000 |
| 12 | тВ╣ 33,600 | тВ╣ 403,200 | тВ╣ 564,000 | тВ╣ 1,564,000 |
| 13 | тВ╣ 33,600 | тВ╣ 436,800 | тВ╣ 611,000 | тВ╣ 1,611,000 |
| 14 | тВ╣ 33,600 | тВ╣ 470,400 | тВ╣ 658,000 | тВ╣ 1,658,000 |
| 15 | тВ╣ 33,600 | тВ╣ 504,000 | тВ╣ 705,000 | тВ╣ 1,705,000 |
| 16 | тВ╣ 33,600 | тВ╣ 537,600 | тВ╣ 752,000 | тВ╣ 1,752,000 |
| 17 | тВ╣ 0 | тВ╣ 537,600 | тВ╣ 799,000 | тВ╣ 1,799,000 |
| 18 | тВ╣ 0 | тВ╣ 537,600 | тВ╣ 846,000 | тВ╣ 1,846,000 |
| 19 | тВ╣ 0 | тВ╣ 537,600 | тВ╣ 893,000 | тВ╣ 1,893,000 |
| 20 | тВ╣ 0 | тВ╣ 537,600 | тВ╣ 940,000 | тВ╣ 1,940,000 |
| 21 | тВ╣ 0 | тВ╣ 537,600 | тВ╣ 987,000 | тВ╣ 1,987,000 |
| 22 | тВ╣ 0 | тВ╣ 537,600 | тВ╣ 1,034,000 | тВ╣ 2,034,000 |
| 23 | тВ╣ 0 | тВ╣ 537,600 | тВ╣ 1,081,000 | тВ╣ 2,081,000 |
| 24 | тВ╣ 0 | тВ╣ 537,600 | тВ╣ 1,128,000 | тВ╣ 2,128,000 |
| 25 | тВ╣ 0 | тВ╣ 537,600 | тВ╣ 1,175,000 | тВ╣ 2,625,000 |
Eligibility Criteria
| Parameter | Minimum | Maximum |
|---|---|---|
| Age at Entry | 8 Years (Completed) | 59 (16 Term) / 54 (21 Term) / 50 (25 Term) |
| Maturity Age | - | 75 Years |
| Basic Sum Assured | тВ╣ 2,00,000 | No Limit |
Maturity Benefit
On survival to the end of the policy term, receive the Basic Sum Assured + Vested Bonuses + Final Additional Bonus.
Death Benefit
Nominee receives Sum Assured on Death + Vested Bonuses + FAB. Sum Assured on Death is higher of 105% of premiums paid or 7x annual premium.
Common Questions
Is Plan 936 a limited premium plan?
Yes. For 16, 21, and 25 year terms, you pay for only 10, 15, and 16 years respectively.
Can I take a loan?
Loan facility is available after paying 2 full years of premiums.