Online LIC Calculator – Calculate Premium & Maturity Amount
Advanced LIC Policy Calculator FinancialGuide.online Exclusive
Planning your financial future with Life Insurance Corporation of India (LIC) is one of the safest choices for Indian investors. But before buying a policy, understanding premium amount, maturity value, and expected returns is crucial.
That’s where an Online LIC Calculator becomes your best companion. It helps you instantly calculate your LIC maturity amount, yearly/monthly premium, bonus, and returns without complex manual calculations.
Whether you’re looking for a LIC SIP calculator, LIC FD calculator, LIC Single Premium plan, or LIC Nivesh Plus returns, this guide will help you understand everything in a simple, human-friendly way.
What is an Online LIC Calculator?
An LIC Calculator is a free digital tool that helps you estimate:
- LIC premium (monthly/yearly/single premium)
- Maturity amount
- Bonus (including Reversionary Bonus)
- Total returns on investment
- Surrender value (approximate)
It works for multiple plans like:
- LIC Plan 771 (Jeevan Utsav)
- LIC Plan 873 (Index Plus)
- LIC Nivesh Plus 749
- LIC Single Premium Endowment Plans (817/717)
- LIC 15 years plan calculator
- LIC New Jeevan Anand (815)
How LIC Maturity Amount is Calculated
The maturity value in LIC policies depends on:
- Sum Assured
- Policy Term
- Premium Paid
- Bonus Declared (Reversionary Bonus)
- Final Additional Bonus (if applicable)
Here’s a simplified idea:
Maturity Amount = Sum Assured + Bonus + Final Bonus
✔ Bonuses are declared by LIC annually based on performance
✔ Some plans include market-linked returns (like Index Plus 873)
Types of LIC Calculators Available
1. LIC Premium Calculator (Monthly/Yearly)
- Calculate LIC premium yearly or monthly
- Ideal for salaried individuals planning budgets
2. LIC Maturity Calculator
- Estimate final maturity amount
- Useful for long-term planning (10–25 years)
3. LIC SIP Calculator
- Works like investment planning (similar to mutual funds, check our MF SIP Calculator)
- Best for plans like Nivesh Plus
4. LIC FD Calculator
- Compare LIC plans with fixed deposits
- Calculate interest returns (safe investment option)
5. LIC Single Premium Calculator
- Pay once and get returns after maturity
- Popular plans: 817, 717
Trending LIC Plans in 2026
LIC Plan 771 – Jeevan Utsav
- Whole life income plan
- Guaranteed additions + bonuses
- Flexible payout options
Best for: Long-term wealth + retirement income
✔ Includes riders like Accidental Death Benefit Rider
✔ Eligible for Section 80C Tax Benefit
LIC Plan 873 – Index Plus
- Market-linked (ULIP) plan
- Invests in index funds
- Higher return potential than traditional LIC plans
Best for: Young investors seeking growth
✔ Returns depend on market performance
✔ Transparent NAV-based calculation
LIC Nivesh Plus 749 Calculator (Returns Explained)
LIC Nivesh Plus is a single premium ULIP plan.
- One-time investment
- Flexible fund options
- Market-linked returns
Example:
- Investment: ₹1,00,000
- Duration: 5–10 years
- Expected Returns: 8%–12% (market dependent)
You can use an LIC Nivesh Plus maturity calculator to estimate returns based on NAV growth.
LIC Fixed Deposit vs LIC Plans
| Feature | LIC FD | Bank FD |
|---|
| Safety | Very High | High |
| Returns | Moderate | Low–Moderate |
| Tax Benefits | Yes (80C) | Limited |
| Insurance Cover | Included | Not Included |
👉 LIC FD Calculator helps compare LIC FD interest rate vs bank FD returns
Benefits of Using LIC Calculator
✔ Instant calculation (no manual math)
✔ Helps compare multiple LIC plans
✔ Improves financial planning
✔ Shows maturity amount clearly
✔ Useful for tax planning under Section 80C
✔ Works for monthly, yearly, SIP & single premium
Official LIC Website (Verify Policy Details)
For accurate policy details, always refer to the official LIC website:
Here you can:
- Check LIC policy details
- Verify bonus rates
- Track maturity amount
- Use official LIC maturity calculator tools
Important Terms You Should Know
Reversionary Bonus: Annual bonus added to your policy
Final Bonus: Paid at maturity (if applicable)
Accidental Death Benefit Rider: Extra cover in case of accidental death
Section 80C Tax Benefit: Tax deduction up to ₹C.5 lakh
Conclusion: An Online LIC Calculator is not just a tool—it’s a smart way to plan your financial future. Whether you want to calculate LIC maturity amount, premium, SIP returns, FD comparison, or Nivesh Plus growth, this tool simplifies everything.
👉 Always compare plans like Jeevan Utsav (771) and Index Plus (873) before investing to maximize returns and security.
Disclaimer: These tools are for educational and illustrative purposes only. While developed by a licensed financial professional, results are estimates and not guaranteed. Please consult with a certified advisor before making any investment or insurance decisions. Financial Guide Website is not liable for any financial loss incurred based on the use of these calculators.
You can use an Online LIC Calculator by entering sum assured, term, and premium to instantly estimate maturity value including bonus.
Yes, you can check it on the official LIC website or customer portal using your policy number.
Market-linked plans like Index Plus (873) and investment plans like Nivesh Plus 749 generally offer higher return potential.
LIC offers insurance + returns + tax benefits, while FD only gives fixed returns. LIC is better for long-term goals.
LIC SIP-like plans allow periodic investment similar to mutual funds, especially in ULIP-based policies.
It is a yearly bonus declared by LIC and added to your policy, increasing maturity value.
Premiums are eligible for deduction under Section 80C, and maturity is tax-free under Section 10(10D) (conditions apply).