PolicyTray is a hand book for every Life Insurance Policy holder and policy seeker. Life Insurance Policy holders shall check their estimated maturity returns from their policy, check the surrender value of their policy and shall get to know the amount of loan they will be able to avail from...
LIC Policy Maturity Amount Calculator XLS LIC Premium Calculator Excel LIC Maturity Calculator LIC Maturity Amount Calculator Excel Premium Health Products LIC Endowment Plan Calculator LIC New Jeevan Anand Calculator LIC Single Premium Endowment Calculator ...
You get a bonus on your policy every year till your policy matures, which is the Simple Reversionary Bonus. Simple Reversionary Bonus is declared per thousand of the Sum Assured Amount in each financial year and added to your policy amount. SRB is paid at the end of the maturity period or...
On maturity in 16th year, you are paid reduced sum assured plus any bonus already accrued up to the 8th year. Any other Bonuses declared by LIC in future, i.e. after making the policy paid up which is the 8th year in the example, your policy will not eligible for such future bonus ...
Policy period: Term period of 12 years to 20 years is offered. Maximum age at maturity: 65 years Minimum and maximum sum assured: Rs. 1,50,000-no limit Tax benefit: Premium paid is eligible for tax deduction under Section 80C and maturity amount received is exempted from taxes under ...
LIC Receipt of policy payment through NEFTPost Office (PPF, Post Office Deposit Schemes & Postal Life Insurance Proposal / Service Forms) Mutual Fund in Fillable / Editable FormsPPF Forms(SBI, BOI, Canara Bank, IDBI, Post Office,) Income Tax Fillable / Editable forms ...
Interest Only on Actual Amount Used When you opt to take a Loan Against Securities, you don't need to worry about paying interest on the entire loan amount. You will be charged interest only on the actual loan amount you use. Interest will be calculated on the daily outstand...