{"id":686,"date":"2026-06-12T10:30:37","date_gmt":"2026-06-12T10:30:37","guid":{"rendered":"https:\/\/benchinfo.org\/blogs\/?p=686"},"modified":"2026-06-12T10:40:12","modified_gmt":"2026-06-12T10:40:12","slug":"lic-maturity-calculator","status":"publish","type":"post","link":"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/","title":{"rendered":"LIC Maturity Calculator: How much Policy Will Pay You truely"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">If you have a LIC (Life Insurance Corporation of India) policy and you are wondering how much money you will receive when it matures, you are not alone. Millions of policyholders across India ask this same question every year \u2014 and the answer is not always straightforward. Between bonuses, sum assured, loyalty additions, and other benefits, the final payout can be confusing to calculate on your own. That is exactly where a LIC maturity calculator becomes a game-changer. This tool takes the guesswork out of the equation and gives you a clear, data-backed picture of what to expect from your policy. Here, we will walk you through everything you need to know \u2014 what a LIC maturity calculator is, how it works, which policies it applies to, and why using one is a smart financial move for every policyholder in India.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A LIC maturity calculator helps you estimate the total payout you will receive at the end of your policy term, including sum assured and accumulated bonuses.<\/li>\n\n\n\n<li>Most traditional <a href=\"https:\/\/en.wikipedia.org\/wiki\/Life_Insurance_Corporation\" target=\"_blank\" rel=\"noreferrer noopener\">LIC plans<\/a> like Jeevan Anand, Money Back, and Endowment plans are eligible for maturity benefit calculations.<\/li>\n\n\n\n<li>The maturity amount depends on your sum assured, policy term, premium paying term, and the bonus declared by LIC each year.<\/li>\n\n\n\n<li>Using a maturity calculator helps you plan your financial goals better \u2014 whether it is retirement, a child&#8217;s education, or buying property.<\/li>\n\n\n\n<li>You can use both the official LIC portal and trusted third-party financial websites to access a reliable maturity calculator for free.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"823\" height=\"549\" src=\"https:\/\/benchinfo.org\/blogs\/wp-content\/uploads\/2026\/06\/LIC-Maturity-Calculator.jpg\" alt=\"LIC Maturity Calculator\" class=\"wp-image-687\" srcset=\"https:\/\/benchinfo.org\/blogs\/wp-content\/uploads\/2026\/06\/LIC-Maturity-Calculator.jpg 823w, https:\/\/benchinfo.org\/blogs\/wp-content\/uploads\/2026\/06\/LIC-Maturity-Calculator-300x200.jpg 300w, https:\/\/benchinfo.org\/blogs\/wp-content\/uploads\/2026\/06\/LIC-Maturity-Calculator-768x512.jpg 768w, https:\/\/benchinfo.org\/blogs\/wp-content\/uploads\/2026\/06\/LIC-Maturity-Calculator-800x533.jpg 800w\" sizes=\"auto, (max-width: 823px) 100vw, 823px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Is_a_LIC_Maturity_Calculator\"><\/span>What Is a LIC Maturity Calculator?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A LIC maturity calculator is an online financial tool that estimates the maturity benefit you will receive at the end of your LIC policy term. It factors in multiple variables \u2014 including the sum assured, policy term, the annual bonus rate declared by LIC, and any applicable loyalty additions \u2014 to give you a projected payout figure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Think of it as a financial compass. Instead of waiting until your policy matures to find out what you will get, this calculator gives you a reliable estimate in advance. That way, you can align your investment strategy, plan for upcoming expenses, and make informed decisions about whether to continue, surrender, or top up your policy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">LIC maturity calculators are especially helpful for traditional participating plans \u2014 those that earn bonuses over the years. These include popular policies like LIC Jeevan Anand (Plan 915), LIC Jeevan Labh (Plan 836), and LIC New Endowment Plan (Plan 914), among many others.<\/p>\n\n\n\n\n    <!-- Google Fonts -->\n    <link href=\"https:\/\/fonts.googleapis.com\/css2?family=Inter:opsz,wght@14..32,300;14..32,400;14..32,500;14..32,600;14..32,700;14..32,800&#038;display=swap\" rel=\"stylesheet\">\n    \n    <!-- Font Awesome 6 Free -->\n    <link rel=\"stylesheet\" href=\"https:\/\/cdnjs.cloudflare.com\/ajax\/libs\/font-awesome\/6.0.0-beta3\/css\/all.min.css\">\n    \n    <style>\n        * {\n            margin: 0;\n            padding: 0;\n            box-sizing: border-box;\n        }\n\n        body {\n            font-family: 'Inter', sans-serif;\n            background: linear-gradient(145deg, #f9f3e6 0%, #fff4e8 50%, #f0e9ff 100%);\n            min-height: 100vh;\n            padding: 2rem 1.5rem;\n            position: relative;\n        }\n        \n        \/* subtle animated bg accent *\/\n        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0.75rem;\n            font-weight: 700;\n            color: #b95b0c;\n        }\n\n        \/* colorful button *\/\n        .calc-btn {\n            background: linear-gradient(105deg, #e67e22, #f39c12, #e67e22);\n            background-size: 200% auto;\n            border: none;\n            width: 100%;\n            padding: 1rem;\n            font-size: 1.05rem;\n            font-weight: 700;\n            color: white;\n            border-radius: 50px;\n            cursor: pointer;\n            transition: all 0.25s;\n            display: flex;\n            align-items: center;\n            justify-content: center;\n            gap: 12px;\n            margin-top: 1rem;\n            box-shadow: 0 10px 20px -5px rgba(230,126,34,0.4);\n        }\n        .calc-btn:hover {\n            background: linear-gradient(105deg, #d35400, #e67e22);\n            transform: scale(1.01);\n            box-shadow: 0 18px 28px -10px rgba(230,126,34,0.5);\n        }\n\n        \/* result card, colorful enhancements *\/\n        .result-card {\n            background: linear-gradient(135deg, #ffffff, #fffaf2);\n            border-left: 8px solid #f39c12;\n        }\n        .result-header {\n            font-size: 1.4rem;\n            font-weight: 800;\n            background: linear-gradient(120deg, #c96f1e, #e68a2e);\n            -webkit-background-clip: text;\n            background-clip: text;\n            color: transparent;\n            display: flex;\n            justify-content: space-between;\n            align-items: center;\n            margin-bottom: 1.5rem;\n        }\n        .result-header span {\n            background: #feeedb;\n            padding: 0.3rem 1rem;\n            border-radius: 50px;\n            font-size: 0.8rem;\n            color: #bc631a;\n        }\n\n        .maturity-amount {\n            background: linear-gradient(125deg, #fff3e6, #fff9f0);\n            border-radius: 32px;\n            padding: 1.5rem;\n            text-align: center;\n            margin-bottom: 1.6rem;\n            border: 1px solid #ffddb0;\n        }\n        .maturity-amount .label {\n            font-size: 0.85rem;\n            font-weight: 600;\n            text-transform: uppercase;\n            letter-spacing: 1px;\n            color: #b45f2b;\n        }\n        .maturity-amount .amount {\n            font-size: 2.8rem;\n            font-weight: 800;\n            background: linear-gradient(145deg, #c75f1a, #e68a2e);\n            -webkit-background-clip: text;\n            background-clip: text;\n            color: transparent;\n            margin: 0.4rem 0;\n            word-break: break-word;\n        }\n\n        .breakdown {\n            display: flex;\n            flex-direction: column;\n            gap: 0.8rem;\n        }\n        .break-item {\n            display: flex;\n            justify-content: space-between;\n            align-items: baseline;\n            padding: 0.7rem 0.2rem;\n            border-bottom: 1px dashed #ffe0bb;\n        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         }\n        }\n        footer {\n            text-align: center;\n            margin-top: 3rem;\n            font-size: 0.7rem;\n            color: #9a7b60;\n            background: rgba(255,245,225,0.6);\n            padding: 1rem;\n            border-radius: 60px;\n            backdrop-filter: blur(4px);\n        }\n        .error-msg {\n            display: none;\n        }\n        input[type=number]::-webkit-inner-spin-button, \n        input[type=number]::-webkit-outer-spin-button {\n            opacity: 0.5;\n        }\n    <\/style>\n<\/head>\n<body>\n<div class=\"calculator-container\">\n    <div class=\"calc-header\">\n        <h1><span class=\"ez-toc-section\" id=\"LIC_Maturity_Calculator\"><\/span>\n            <i class=\"fas fa-chart-pie\"><\/i> \n            LIC Maturity Calculator\n        <span class=\"ez-toc-section-end\"><\/span><\/h1>\n        <p><i class=\"fas fa-calculator\"><\/i> Enter your policy details and get instant maturity projection with colorful insights<\/p>\n    <\/div>\n\n    <div class=\"calc-grid\">\n        <!-- INPUT CARD : completely empty fields, no predefined values -->\n        <div class=\"card\">\n            <div style=\"margin-bottom: 1.2rem;\">\n                <i class=\"fas fa-pen-fancy\" style=\"color:#e67e22; margin-right: 8px;\"><\/i>\n                <span style=\"font-weight: 700; font-size: 1.2rem;\">Policy Inputs<\/span>\n            <\/div>\n            <form id=\"maturityForm\" autocomplete=\"off\">\n                <div class=\"input-group\">\n                    <label><i class=\"fas fa-rupee-sign\"><\/i> Sum Assured (\u20b9)<\/label>\n                    <input type=\"number\" id=\"sumAssured\" placeholder=\"e.g., 500000\" value=\"\" step=\"10000\">\n                    <div class=\"hint\" style=\"font-size: 0.7rem; color:#b97f54;\">Enter the basic sum assured amount<\/div>\n                <\/div>\n\n                <div class=\"input-group\">\n                    <label><i class=\"fas fa-calendar-week\"><\/i> Policy Term (Years)<\/label>\n                    <div class=\"range-wrapper\">\n                        <input type=\"range\" id=\"policyTermRange\" min=\"5\" max=\"35\" step=\"1\" value=\"15\">\n                        <div style=\"display: flex; justify-content: space-between; margin-top: 6px;\">\n                            <span class=\"slider-value\" id=\"termValueDisplay\">15 years<\/span>\n                            <span style=\"font-size: 0.7rem;\">5 to 35 yrs<\/span>\n                        <\/div>\n                    <\/div>\n                    <input type=\"number\" id=\"policyTerm\" placeholder=\"15\" step=\"1\" min=\"5\" max=\"35\" style=\"margin-top: 8px;\">\n                <\/div>\n\n                <div class=\"input-group\">\n                    <label><i class=\"fas fa-percent\"><\/i> Bonus Rate (\u20b9 per \u20b91000 SA\/year)<\/label>\n                    <input type=\"number\" id=\"bonusRate\" placeholder=\"e.g., 48\" step=\"1\">\n                    <div class=\"hint\" style=\"font-size: 0.7rem;\">Typical range \u20b935\u2013\u20b965. Bonus rate declared annually.<\/div>\n                <\/div>\n\n                <div class=\"input-group\">\n                    <label><i class=\"fas fa-gem\"><\/i> Final Additional Bonus (FAB) (\u20b9)<\/label>\n                    <input type=\"number\" id=\"fabAmount\" placeholder=\"e.g., 25000\" step=\"5000\">\n                    <div class=\"hint\" style=\"font-size: 0.7rem;\">One-time terminal bonus (if applicable)<\/div>\n                <\/div>\n\n                <div class=\"input-group\">\n                    <label><i class=\"fas fa-star-of-life\"><\/i> Loyalty \/ Terminal Bonus (\u20b9)<\/label>\n                    <input type=\"number\" id=\"loyaltyAdd\" placeholder=\"e.g., 0 or any extra\" step=\"5000\">\n                    <div class=\"hint\" style=\"font-size: 0.7rem;\">Additional loyalty additions \/ special bonus<\/div>\n                <\/div>\n\n                <button type=\"button\" id=\"calculateBtn\" class=\"calc-btn\">\n                    <i class=\"fas fa-chart-simple\"><\/i> Compute Maturity\n                <\/button>\n            <\/form>\n        <\/div>\n\n        <!-- RESULTS CARD -->\n        <div class=\"card result-card\">\n            <div class=\"result-header\">\n                <span><i class=\"fas fa-chart-line\"><\/i> Estimated Payout<\/span>\n                <span><i class=\"fas fa-leaf\"><\/i> Tax-efficient*<\/span>\n            <\/div>\n            <div class=\"maturity-amount\">\n                <div class=\"label\">Total Maturity Value<\/div>\n                <div class=\"amount\" id=\"totalMaturityDisplay\">\u20b9 \u2014<\/div>\n                <div style=\"font-size: 0.7rem;\">Sum Assured + Bonuses + FAB<\/div>\n            <\/div>\n            <div class=\"breakdown\">\n                <div class=\"break-item\">\n                    <div class=\"break-label\"><i class=\"fas fa-file-signature\"><\/i> Sum Assured<\/div>\n                    <div class=\"break-value\" id=\"sumAssuredDisplay\">\u20b9 0<\/div>\n                <\/div>\n                <div class=\"break-item\">\n                    <div class=\"break-label\"><i class=\"fas fa-chart-line\"><\/i> Revisionary Bonus<\/div>\n                    <div class=\"break-value\" id=\"totalBonusDisplay\">\u20b9 0<\/div>\n                <\/div>\n                <div class=\"break-item\">\n                    <div class=\"break-label\"><i class=\"fas fa-gem\"><\/i> Final Addl. Bonus<\/div>\n                    <div class=\"break-value\" id=\"fabDisplay\">\u20b9 0<\/div>\n                <\/div>\n                <div class=\"break-item\">\n                    <div class=\"break-label\"><i class=\"fas fa-hand-holding-usd\"><\/i> Loyalty\/Terminal<\/div>\n                    <div class=\"break-value\" id=\"loyaltyDisplay\">\u20b9 0<\/div>\n                <\/div>\n                <div class=\"break-item\" style=\"border-bottom: 2px solid #ffcd94; margin-top: 4px;\">\n                    <div class=\"break-label\" style=\"font-weight: 800;\"><i class=\"fas fa-coins\"><\/i> Net Maturity<\/div>\n                    <div class=\"break-value\" style=\"font-size: 1.3rem; color:#c7510f;\" id=\"totalPayoutStrong\">\u20b9 0<\/div>\n                <\/div>\n            <\/div>\n            <div class=\"bonus-note\">\n                <i class=\"fas fa-info-circle\"><\/i>\n                <span>Enter actual values from your LIC policy bond. Calculation is illustrative; revisionary bonus rates may vary. Maturity proceeds generally enjoy tax benefits u\/s 10(10D).<\/span>\n            <\/div>\n        <\/div>\n    <\/div>\n    <footer>\n        <i class=\"fas fa-shield-alt\"><\/i> Professional tool \u2014 no data stored. Fill your unique policy details for accurate estimate.\n    <\/footer>\n<\/div>\n\n<script>\n    (function() {\n        \/\/ DOM elements - all fields start with empty\/placeholder, no prefilled values\n        const sumAssuredInput = document.getElementById('sumAssured');\n        const policyTermRange = document.getElementById('policyTermRange');\n        const policyTermNumber = document.getElementById('policyTerm');\n        const bonusRateInput = document.getElementById('bonusRate');\n        const fabInput = document.getElementById('fabAmount');\n        const loyaltyAddInput = document.getElementById('loyaltyAdd');\n        const calculateBtn = document.getElementById('calculateBtn');\n        \n        \/\/ display spans\n        const totalMaturitySpan = document.getElementById('totalMaturityDisplay');\n        const sumAssuredDisplaySpan = document.getElementById('sumAssuredDisplay');\n        const totalBonusDisplaySpan = document.getElementById('totalBonusDisplay');\n        const fabDisplaySpan = document.getElementById('fabDisplay');\n        const loyaltyDisplaySpan = document.getElementById('loyaltyDisplay');\n        const totalPayoutStrongSpan = document.getElementById('totalPayoutStrong');\n        const termValueSpan = document.getElementById('termValueDisplay');\n        \n        \/\/ helper: safe parse float \/ integer\n        function getNumberValue(inputElement, defaultValue = null) {\n            let val = inputElement.value.trim();\n            if (val === \"\") return defaultValue;\n            let num = parseFloat(val);\n            if (isNaN(num)) return defaultValue;\n            return num;\n        }\n        \n        function getIntValue(inputElement, defaultValue = null) {\n            let val = inputElement.value.trim();\n            if (val === \"\") return defaultValue;\n            let num = parseInt(val, 10);\n            if (isNaN(num)) return defaultValue;\n            return num;\n        }\n        \n        \/\/ Format as INR with \u20b9 symbol\n        function formatINR(amount) {\n            if (amount === null || amount === undefined || isNaN(amount)) return '\u20b9 0';\n            let num = Math.round(amount);\n            return '\u20b9 ' + num.toLocaleString('en-IN');\n        }\n        \n        function formatRawNumber(amount) {\n            if (amount === null || amount === undefined || isNaN(amount)) return '0';\n            return Math.round(amount).toLocaleString('en-IN');\n        }\n        \n        \/\/ Main calculation logic \u2014 works only if required fields are filled, else shows placeholder\n        function computeMaturity() {\n            \/\/ get values: all fields can be empty = treat as not calculated yet.\n            let sumAssured = getNumberValue(sumAssuredInput, null);\n            let term = getIntValue(policyTermNumber, null);\n            let bonusRate = getNumberValue(bonusRateInput, null);\n            let fab = getNumberValue(fabInput, 0);\n            let loyalty = getNumberValue(loyaltyAddInput, 0);\n            \n            \/\/ Edge: if any of the mandatory fields (sum assured, term, bonus rate) are missing, show neutral state\n            if (sumAssured === null || term === null || bonusRate === null || sumAssured <= 0 || term <= 0 || bonusRate < 0) {\n                \/\/ Show dash state but keep previous style\n                totalMaturitySpan.innerText = '\u20b9 \u2014';\n                sumAssuredDisplaySpan.innerText = '\u20b9 \u2014';\n                totalBonusDisplaySpan.innerText = '\u20b9 \u2014';\n                fabDisplaySpan.innerText = '\u20b9 \u2014';\n                loyaltyDisplaySpan.innerText = '\u20b9 \u2014';\n                totalPayoutStrongSpan.innerText = '\u20b9 \u2014';\n                return;\n            }\n            \n            \/\/ validation bounds but friendly\n            if (sumAssured < 1000) {\n                \/\/ allow small but logical, but we still compute (no hard error)\n            }\n            if (term < 5) term = 5;\n            if (term > 35) term = 35;\n            if (bonusRate < 0) bonusRate = 0;\n            \n            \/\/ compute revisionary bonus: (SA\/1000) * bonusRate * term\n            const totalBonus = (sumAssured \/ 1000) * bonusRate * term;\n            let totalMaturity = sumAssured + totalBonus + (fab || 0) + (loyalty || 0);\n            \n            \/\/ update displays\n            sumAssuredDisplaySpan.innerText = formatINR(sumAssured);\n            totalBonusDisplaySpan.innerText = formatINR(totalBonus);\n            fabDisplaySpan.innerText = formatINR(fab || 0);\n            loyaltyDisplaySpan.innerText = formatINR(loyalty || 0);\n            totalMaturitySpan.innerText = formatINR(totalMaturity);\n            totalPayoutStrongSpan.innerText = formatINR(totalMaturity);\n        }\n        \n        \/\/ Sync range &#038; number input for term (and ensure no default if empty)\n        function syncTermInputs() {\n            let rangeVal = policyTermRange.value;\n            let numVal = policyTermNumber.value.trim();\n            \n            if (numVal === \"\") {\n                \/\/ if number field empty, we sync from range but do not force default number if range value is valid?\n                \/\/ but we want no default forced, but range has default 15 (initial). However we want to keep consistent.\n                \/\/ we just set number field value to range value if empty.\n                if (rangeVal) {\n                    policyTermNumber.value = rangeVal;\n                    termValueSpan.innerText = rangeVal + ' years';\n                } else {\n                    termValueSpan.innerText = '\u2014';\n                }\n            } else {\n                let num = parseInt(numVal);\n                if (!isNaN(num) &#038;&#038; num >= 5 && num <= 35) {\n                    policyTermRange.value = num;\n                    termValueSpan.innerText = num + ' years';\n                } else {\n                    \/\/ if invalid number, fallback to range value\n                    let r = parseInt(policyTermRange.value);\n                    policyTermNumber.value = r;\n                    termValueSpan.innerText = r + ' years';\n                }\n            }\n            computeMaturity();\n        }\n        \n        function onTermRangeChange() {\n            let val = parseInt(policyTermRange.value);\n            policyTermNumber.value = val;\n            termValueSpan.innerText = val + ' years';\n            computeMaturity();\n        }\n        \n        function onTermNumberChange() {\n            let raw = policyTermNumber.value.trim();\n            if (raw === \"\") {\n                \/\/ keep empty, do not overwrite with default! but compute will be incomplete\n                termValueSpan.innerText = '\u2014';\n                computeMaturity();\n                return;\n            }\n            let val = parseInt(raw);\n            if (isNaN(val)) {\n                policyTermNumber.value = \"\";\n                termValueSpan.innerText = '\u2014';\n                computeMaturity();\n                return;\n            }\n            if (val < 5) val = 5;\n            if (val > 35) val = 35;\n            policyTermNumber.value = val;\n            policyTermRange.value = val;\n            termValueSpan.innerText = val + ' years';\n            computeMaturity();\n        }\n        \n        \/\/ Attach event listeners, ensure no predefined values are forced into numeric fields (they start blank)\n        function attachEvents() {\n            const inputs = [sumAssuredInput, bonusRateInput, fabInput, loyaltyAddInput];\n            inputs.forEach(input => {\n                input.addEventListener('input', function() {\n                    \/\/ no auto-correction of empty -> keep as is. just compute if possible\n                    computeMaturity();\n                });\n                input.addEventListener('blur', function() {\n                    \/\/ optional: sanitize but not fill default if blank\n                    let val = this.value.trim();\n                    if (val !== \"\") {\n                        let num = parseFloat(val);\n                        if (!isNaN(num)) {\n                            if (this.id === 'sumAssured' && num < 0) this.value = 0;\n                            if (this.id === 'bonusRate' &#038;&#038; num < 0) this.value = 0;\n                            if (this.id === 'fabAmount' &#038;&#038; num < 0) this.value = 0;\n                            if (this.id === 'loyaltyAdd' &#038;&#038; num < 0) this.value = 0;\n                        }\n                    }\n                    computeMaturity();\n                });\n            });\n            \n            \/\/ term listeners\n            policyTermRange.addEventListener('input', onTermRangeChange);\n            policyTermNumber.addEventListener('input', onTermNumberChange);\n            policyTermNumber.addEventListener('blur', onTermNumberChange);\n            \n            \/\/ calculate button (re-trigger)\n            calculateBtn.addEventListener('click', (e) => {\n                e.preventDefault();\n                \/\/ sync term consistency\n                if (policyTermNumber.value.trim() === \"\") {\n                    \/\/ if empty, do nothing\n                } else {\n                    onTermNumberChange();\n                }\n                computeMaturity();\n            });\n        }\n        \n        \/\/ initial setup: All fields are EMPTY (no default values). Range gets default 15 visually but text shows '15 years' until user interacts.\n        \/\/ However we want full emptiness: also set the range's initial state but not display a number in policyTermNumber if empty.\n        \/\/ To avoid false computation: initial compute will show dash, this is fine.\n        function initializeEmpty() {\n            \/\/ manually clear any default value attributes in html\n            sumAssuredInput.value = '';\n            policyTermNumber.value = '';\n            bonusRateInput.value = '';\n            fabInput.value = '';\n            loyaltyAddInput.value = '';\n            \/\/ range slider min=5 max=35 value starts at 15 but that's okay because it's just slider UI\n            \/\/ but to keep consistency: set range 15, but term number empty: we make termValue show \"\u2014\" until number filled.\n            policyTermRange.value = 15;   \/\/ visual only, does NOT prefill number field\n            termValueSpan.innerText = '\u2014';   \/\/ show placeholder\n            \/\/ result displays dash\n            totalMaturitySpan.innerText = '\u20b9 \u2014';\n            sumAssuredDisplaySpan.innerText = '\u20b9 \u2014';\n            totalBonusDisplaySpan.innerText = '\u20b9 \u2014';\n            fabDisplaySpan.innerText = '\u20b9 \u2014';\n            loyaltyDisplaySpan.innerText = '\u20b9 \u2014';\n            totalPayoutStrongSpan.innerText = '\u20b9 \u2014';\n        }\n        \n        \/\/ sync when user types in number field but range remains interactive. we need to avoid premature default 15.\n        \/\/ override: if policyTermNumber empty, we don't sync from range. but range changes should fill number.\n        \/\/ add custom: only if number is empty and range moved, set number value.\n        function customRangeSync() {\n            policyTermRange.addEventListener('input', function() {\n                let rVal = parseInt(this.value);\n                policyTermNumber.value = rVal;\n                termValueSpan.innerText = rVal + ' years';\n                computeMaturity();\n            });\n            \/\/ but initial: we do not force any number. we override previous init.\n        }\n        \n        \/\/ final setup\n        initializeEmpty();\n        attachEvents();\n        \/\/ fix range initial behavior: we want that range moving populates number field, but if number field empty, it's fine.\n        \/\/ but also we want manual number entry works.\n        \/\/ already handled inside onTermRangeChange and onTermNumberChange.\n        \/\/ ensure we don't have any auto-calculation on page load with defaults\n        computeMaturity(); \/\/ will show dash because fields empty.\n        \n        \/\/ additional robust: if sumAssured or bonusRate is empty we keep dash\n        \/\/ also monitor range initial value not pre-filling number. Good\n        \/\/ Also to prevent any accidental rounding, fine.\n    })();\n<\/script>\n\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Does_a_LIC_Maturity_Calculator_Work\"><\/span>How Does a LIC Maturity Calculator Work?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The mechanics behind a LIC maturity calculator are not complicated once you understand the components. Here is a breakdown of how the calculation typically works:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_1_Enter_Your_Basic_Policy_Details\"><\/span>Step 1: Enter Your Basic Policy Details<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">You will typically need to enter your sum assured (the base coverage amount), the policy start date, your policy term (for example, 20 or 25 years), and your premium payment mode (monthly, quarterly, half-yearly, or yearly). Some calculators also ask for your age at the time of policy purchase.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_2_Bonus_Rate_Application\"><\/span>Step 2: Bonus Rate Application<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">LIC declares a Simple Reversionary Bonus (SRB) each year, which is expressed as a rate per Rs. 1,000 of sum assured. For example, if LIC declares a bonus of Rs. 45 per Rs. 1,000 of sum assured and your sum assured is Rs. 5,00,000, your annual bonus is Rs. 22,500. Over a 20-year policy, that accumulates to Rs. 4,50,000 in bonuses alone \u2014 before any loyalty additions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_3_Loyalty_Additions_Where_Applicable\"><\/span>Step 3: Loyalty Additions (Where Applicable)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Certain LIC policies offer a one-time loyalty addition at the time of maturity if the policy has been in force for a minimum period (typically 5 years or more). This is a discretionary benefit that LIC adds at the time of settlement, and it can meaningfully increase your final payout. The calculator will factor this in based on historical LIC data.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_4_Final_Maturity_Amount\"><\/span>Step 4: Final Maturity Amount<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The calculator adds all components together: Sum Assured + Accumulated Bonuses + Loyalty Addition (if any) = Estimated Maturity Amount. This projected figure helps you understand your policy&#8217;s real-world value when it reaches completion.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Which_LIC_Plans_Can_You_Use_This_Calculator_For\"><\/span>Which LIC Plans Can You Use This Calculator For?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Not all LIC policies work the same way when it comes to maturity benefits. Here are the major types where a maturity calculator is most useful:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>LIC Jeevan Anand (Plan 915 \/ 149): A highly popular endowment-cum-whole-life plan. It pays maturity benefit at the end of the policy term while providing lifelong insurance cover.<\/li>\n\n\n\n<li>LIC New Endowment Plan (Plan 914): A simple endowment plan where you receive the sum assured plus bonuses on maturity or in case of death during the term.<\/li>\n\n\n\n<li>LIC Jeevan Labh (Plan 836): A limited premium paying endowment plan that is very popular among salaried individuals for its short premium payment term and long policy coverage.<\/li>\n\n\n\n<li>LIC Money Back Plans: These policies pay a percentage of the sum assured at regular intervals (survival benefits), with the balance paid at maturity along with bonuses.<\/li>\n\n\n\n<li>LIC Jeevan Umang (Plan 945): A whole-life policy with annual survival benefits plus a lump sum at maturity or death. The calculator helps estimate the survival benefit structure.<\/li>\n\n\n\n<li>LIC Bima Jyoti and Bima Ratna: Newer guaranteed return plans where the maturity calculator can project the guaranteed additions and final payout.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"LIC_Maturity_Calculator_A_Practical_Example\"><\/span>LIC Maturity Calculator: A Practical Example<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Let us walk through a real-world example to show how the calculation works in practice.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Policy Details:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Plan: LIC Jeevan Anand (Plan 915)<\/li>\n\n\n\n<li>Sum Assured: Rs. 5,00,000<\/li>\n\n\n\n<li>Policy Term: 21 years<\/li>\n\n\n\n<li>Age at Entry: 30 years<\/li>\n\n\n\n<li>Annual Bonus Rate (assumed): Rs. 48 per Rs. 1,000<\/li>\n\n\n\n<li>Loyalty Addition (estimated): Rs. 30 per Rs. 1,000 (on maturity)<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Calculation Breakdown:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sum Assured: Rs. 5,00,000<\/li>\n\n\n\n<li>Annual Bonus: Rs. 48 \u00d7 500 = Rs. 24,000<\/li>\n\n\n\n<li>Total Bonus (21 years): Rs. 24,000 \u00d7 21 = Rs. 5,04,000<\/li>\n\n\n\n<li>Loyalty Addition: Rs. 30 \u00d7 500 = Rs. 15,000<\/li>\n\n\n\n<li>Estimated Maturity Amount: Rs. 5,00,000 + Rs. 5,04,000 + Rs. 15,000 = Rs. 10,19,000<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">So on a sum assured of Rs. 5 lakh, the policyholder could expect to receive over Rs. 10 lakh at maturity \u2014 more than double the original cover amount. This is the power of LIC&#8217;s bonus-based returns when held over the long term.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Where_to_Use_a_LIC_Maturity_Calculator_Online\"><\/span>Where to Use a LIC Maturity Calculator Online<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">There are several reliable platforms where you can access a LIC maturity calculator at no cost:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>LIC Official Website (licindia.in): LIC&#8217;s official portal has a premium calculator that can give you a rough estimate of maturity benefits. Navigate to the &#8216;Calculate Premium&#8217; section under any plan page.<\/li>\n\n\n\n<li>PolicyBazaar and BankBazaar: These platforms offer dedicated LIC maturity calculators with detailed input fields, including bonus rate options and loyalty addition toggles.<\/li>\n\n\n\n<li>InsuranceDekho and Coverfox: These insurance aggregators also feature LIC-specific maturity calculators that are regularly updated with current bonus rates.<\/li>\n\n\n\n<li>Finance Blogs and YouTube Channels: Several SEBI-registered financial advisors and certified insurance planners share maturity projections for popular LIC plans \u2014 helpful for cross-checking your calculator results.<\/li>\n\n\n\n<li>Your LIC Agent or Branch: If you prefer offline assistance, your LIC agent or the nearest LIC branch can provide a formal maturity projection document based on your actual policy record.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Factors_That_Affect_Your_LIC_Maturity_Amount\"><\/span>Key Factors That Affect Your LIC Maturity Amount<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Your maturity payout is not a fixed number from the day you buy the policy. Several factors determine how much you ultimately receive:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sum Assured: The higher your sum assured, the larger your maturity benefit. This is the foundation of your payout.<\/li>\n\n\n\n<li>Policy Term: A longer policy term means more years of bonus accumulation, which significantly raises your final payout.<\/li>\n\n\n\n<li>Annual Bonus Rate: LIC declares bonuses based on its investment performance and claims experience. Better bonus years mean a higher total payout.<\/li>\n\n\n\n<li>Premium Paying Term: Some plans allow shorter premium-paying periods. Understanding this distinction helps you calculate whether the benefits justify the front-loaded premium outflow.<\/li>\n\n\n\n<li>Policy Continuity: Any lapse in premium payments can reduce or eliminate your bonus eligibility. Policies in continuous force for the full term receive the best maturity value.<\/li>\n\n\n\n<li>Loyalty Additions: These are discretionary and are only given on maturity or death. The longer the policy runs without interruption, the better your chances of receiving a meaningful loyalty addition.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"LIC_Maturity_Calculator_vs_Surrender_Value_What_Is_the_Difference\"><\/span>LIC Maturity Calculator vs. Surrender Value: What Is the Difference?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Many policyholders confuse maturity value with surrender value. These are two completely different things, and understanding the difference can save you from making a costly financial mistake.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Maturity Value is the amount you receive at the end of the full policy term if you have paid all your premiums on time. It includes the sum assured plus accumulated bonuses and any loyalty additions. This is the best-case scenario and the number the maturity calculator shows you.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Surrender Value, on the other hand, is what you receive if you decide to exit the policy before its maturity date. Surrender values are significantly lower than maturity values \u2014 sometimes as low as 30% of the premiums paid in the early years of the policy. This is why financial advisors consistently recommend holding LIC policies to full term unless there is a pressing financial emergency.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Using a maturity calculator actually strengthens your resolve to stay the course, because once you see how much the full-term payout can be, exiting early feels far less appealing.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tax_Treatment_of_LIC_Maturity_Amount_in_India\"><\/span>Tax Treatment of LIC Maturity Amount in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Tax implications are an important dimension when evaluating your LIC maturity benefit. Here is what you need to know as of the current tax regime:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Section 10(10D) Exemption: If the annual premium paid does not exceed 10% of the sum assured (for policies issued after April 1, 2012), the maturity amount is fully exempt from income tax. This makes LIC a highly tax-efficient savings vehicle for most policyholders.<\/li>\n\n\n\n<li>High-Premium Policies (Post-Budget 2023): For traditional LIC policies where the aggregate annual premium exceeds Rs. 5 lakh, the maturity proceeds (excluding ULIP) are now taxable under the head &#8216;Income from Other Sources.&#8217; This is applicable for policies issued on or after April 1, 2023.<\/li>\n\n\n\n<li>Section 80C Deduction: The premium you pay towards LIC qualifies for a deduction up to Rs. 1.5 lakh per year under Section 80C. This provides immediate tax savings every year the policy is active.<\/li>\n\n\n\n<li>TDS on Maturity: If your maturity amount is taxable and exceeds Rs. 1 lakh, LIC is required to deduct TDS at 5% under Section 194DA. You can claim credit for this when filing your income tax return.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Check_Your_LIC_Policy_Maturity_Date_and_Amount_Online\"><\/span>How to Check Your LIC Policy Maturity Date and Amount Online<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you want to verify your maturity date and get an official estimate directly from LIC, here is how to do it step by step:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Register or Log In on licindia.in: Visit the official LIC portal and register using your policy number, date of birth, and mobile number.<\/li>\n\n\n\n<li>Go to &#8216;Policy Status&#8217;: Once logged in, navigate to the &#8216;Services&#8217; tab and click on &#8216;Policy Status.&#8217; Select your policy to view its details.<\/li>\n\n\n\n<li>View Maturity Date: Your policy start date, term, and projected maturity date are displayed in the policy detail screen.<\/li>\n\n\n\n<li>Request a Maturity Statement: For a detailed projection including bonuses and loyalty additions, you can write to your servicing branch or submit a request through the LIC customer portal for a formal maturity calculation statement.<\/li>\n\n\n\n<li>LIC Customer Care: Alternatively, call the LIC helpline at 022-68276827 or email at customerzone@licindia.com for policy-specific maturity queries.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Smart_Tips_to_Maximize_Your_LIC_Maturity_Payout\"><\/span>Smart Tips to Maximize Your LIC Maturity Payout<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Knowing your maturity amount is the first step. Maximizing it is the next. Here are some proven strategies:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Never Let Your Policy Lapse: Even missing one premium can affect your policy&#8217;s bonus eligibility and reduce the maturity amount. Set up auto-debit to avoid accidental lapses.<\/li>\n\n\n\n<li>Choose the Right Policy Term: Longer terms accumulate more bonuses. If your financial goal is long-term wealth creation, opt for a 25-year or 35-year policy rather than a 15-year plan.<\/li>\n\n\n\n<li>Do Not Surrender Early: Surrendering before completing at least 15 years of a 25-year policy means you walk away with a fraction of what you could have earned.<\/li>\n\n\n\n<li>Opt for a Higher Sum Assured if Affordable: Since bonuses are calculated as a multiple of sum assured, a higher base amount compounds your bonus earnings significantly.<\/li>\n\n\n\n<li>Combine with Term Insurance: LIC&#8217;s traditional plans offer relatively low pure life cover relative to premiums. Buy a separate term plan for your primary life coverage, and use LIC plans as a disciplined long-term savings instrument.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Final_Thoughts_Why_Every_LIC_Policyholder_Should_Use_a_Maturity_Calculator\"><\/span>Final Thoughts: Why Every LIC Policyholder Should Use a Maturity Calculator<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A LIC policy is often one of the largest long-term financial commitments that Indians make \u2014 sometimes representing 10 to 20 years of consistent premium payments. Yet, most policyholders have little clarity on what they will actually receive at the end of that journey. That gap in awareness is exactly what a LIC maturity calculator bridges.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By using this tool, you move from passive policyholder to active financial planner. You gain the ability to tie your LIC maturity date to specific life events \u2014 your child&#8217;s college admission, your home loan payoff, or your early retirement corpus \u2014 and build a comprehensive financial plan around it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Whether you use the official LIC portal, a trusted financial aggregator, or consult your agent directly, make it a point to run a maturity calculation at least once a year. Your financial future deserves that level of attention.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_the_amount_shown_by_a_LIC_maturity_calculator_guaranteed\"><\/span>Is the amount shown by a LIC maturity calculator guaranteed?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">No, the amount shown by a LIC maturity calculator is an estimate, not a guarantee. The calculation is based on assumed bonus rates, which LIC declares annually based on its financial performance. The actual maturity amount may be slightly higher or lower depending on the bonus rates declared year-by-year during your policy term. For guaranteed-return plans like LIC Bima Jyoti or Bima Ratna, the calculator output will be closer to the actual payout since guaranteed additions are fixed at the time of policy issuance.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Can_I_use_a_LIC_maturity_calculator_for_ULIP_plans\"><\/span>Can I use a LIC maturity calculator for ULIP plans?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A standard LIC maturity calculator is designed for traditional participating (bonus-based) plans and is not suitable for ULIP (Unit Linked Insurance Plan) policies. ULIPs are market-linked, meaning their maturity value depends on the performance of underlying equity or debt funds. To estimate ULIP returns, you need a ULIP-specific calculator that factors in fund NAV growth, fund management charges, and premium allocation charges separately.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_is_the_LIC_bonus_rate_determined_and_where_can_I_find_it\"><\/span>How is the LIC bonus rate determined, and where can I find it?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">LIC&#8217;s bonus rate is declared annually and is based on the corporation&#8217;s investment income, claims experience, and overall financial results for that year. It is expressed as a rate per Rs. 1,000 of sum assured. LIC publishes the current bonus rates on its official website (licindia.in) under the &#8216;Bonus Rates&#8217; section in the &#8216;Actuarial&#8217; or &#8216;About LIC&#8217; tab. Bonus rates typically range from Rs. 40 to Rs. 58 per Rs. 1,000 depending on the plan and policy term.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_happens_if_I_miss_premium_payments_%E2%80%94_will_my_maturity_amount_reduce\"><\/span>What happens if I miss premium payments \u2014 will my maturity amount reduce?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Yes, missing premium payments can negatively affect your maturity amount. If you miss premiums and the policy lapses (after the 30-day grace period), the policy stops earning bonuses for the lapsed period. While most LIC policies can be revived within five years of the first unpaid premium, any bonuses lost during the <a href=\"https:\/\/benchinfo.org\/blogs\/free-online-courses-with-certificates-in-india-by-government\/\" target=\"_blank\" rel=\"noreferrer noopener\">lapse period<\/a> are not recoverable. If you are unable to pay premiums temporarily, consider opting for the policy loan facility or the paid-up option to preserve the accrued bonuses.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"When_will_LIC_pay_the_maturity_amount_and_what_documents_are_needed\"><\/span>When will LIC pay the maturity amount, and what documents are needed?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">LIC typically processes maturity claims within 30 days of the maturity date, provided all documents are submitted on time. You will need to submit the original policy bond, a filled discharge voucher (LIC Form 3825), your NEFT bank mandate form with a cancelled cheque, and a self-attested copy of your PAN card and Aadhaar card. LIC also sends a maturity intimation letter approximately two months before the policy matures, reminding you to submit the documents. It is advisable to submit documents at least one month before the maturity date to avoid any delays in receiving your payout.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#What_Is_a_LIC_Maturity_Calculator\" >What Is a LIC Maturity Calculator?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#LIC_Maturity_Calculator\" >LIC Maturity Calculator<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#How_Does_a_LIC_Maturity_Calculator_Work\" >How Does a LIC Maturity Calculator Work?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#Step_1_Enter_Your_Basic_Policy_Details\" >Step 1: Enter Your Basic Policy Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#Step_2_Bonus_Rate_Application\" >Step 2: Bonus Rate Application<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#Step_3_Loyalty_Additions_Where_Applicable\" >Step 3: Loyalty Additions (Where Applicable)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#Step_4_Final_Maturity_Amount\" >Step 4: Final Maturity Amount<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#Which_LIC_Plans_Can_You_Use_This_Calculator_For\" >Which LIC Plans Can You Use This Calculator For?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#LIC_Maturity_Calculator_A_Practical_Example\" >LIC Maturity Calculator: A Practical Example<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#Where_to_Use_a_LIC_Maturity_Calculator_Online\" >Where to Use a LIC Maturity Calculator Online<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#Key_Factors_That_Affect_Your_LIC_Maturity_Amount\" >Key Factors That Affect Your LIC Maturity Amount<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#LIC_Maturity_Calculator_vs_Surrender_Value_What_Is_the_Difference\" >LIC Maturity Calculator vs. Surrender Value: What Is the Difference?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#Tax_Treatment_of_LIC_Maturity_Amount_in_India\" >Tax Treatment of LIC Maturity Amount in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#How_to_Check_Your_LIC_Policy_Maturity_Date_and_Amount_Online\" >How to Check Your LIC Policy Maturity Date and Amount Online<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#Smart_Tips_to_Maximize_Your_LIC_Maturity_Payout\" >Smart Tips to Maximize Your LIC Maturity Payout<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#Final_Thoughts_Why_Every_LIC_Policyholder_Should_Use_a_Maturity_Calculator\" >Final Thoughts: Why Every LIC Policyholder Should Use a Maturity Calculator<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#FAQs\" >FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#Is_the_amount_shown_by_a_LIC_maturity_calculator_guaranteed\" >Is the amount shown by a LIC maturity calculator guaranteed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#Can_I_use_a_LIC_maturity_calculator_for_ULIP_plans\" >Can I use a LIC maturity calculator for ULIP plans?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#How_is_the_LIC_bonus_rate_determined_and_where_can_I_find_it\" >How is the LIC bonus rate determined, and where can I find it?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#What_happens_if_I_miss_premium_payments_%E2%80%94_will_my_maturity_amount_reduce\" >What happens if I miss premium payments \u2014 will my maturity amount reduce?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/benchinfo.org\/blogs\/lic-maturity-calculator\/#When_will_LIC_pay_the_maturity_amount_and_what_documents_are_needed\" >When will LIC pay the maturity amount, and what documents are needed?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A LIC maturity calculator helps you estimate the total payout you will receive at the end of your policy term, including sum assured and accumulated bonuses.<\/p>\n","protected":false},"author":1,"featured_media":687,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[165],"class_list":["post-686","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-lic-maturity-calculator"],"jetpack_featured_media_url":"https:\/\/benchinfo.org\/blogs\/wp-content\/uploads\/2026\/06\/LIC-Maturity-Calculator.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/benchinfo.org\/blogs\/wp-json\/wp\/v2\/posts\/686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/benchinfo.org\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/benchinfo.org\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/benchinfo.org\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/benchinfo.org\/blogs\/wp-json\/wp\/v2\/comments?post=686"}],"version-history":[{"count":3,"href":"https:\/\/benchinfo.org\/blogs\/wp-json\/wp\/v2\/posts\/686\/revisions"}],"predecessor-version":[{"id":690,"href":"https:\/\/benchinfo.org\/blogs\/wp-json\/wp\/v2\/posts\/686\/revisions\/690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/benchinfo.org\/blogs\/wp-json\/wp\/v2\/media\/687"}],"wp:attachment":[{"href":"https:\/\/benchinfo.org\/blogs\/wp-json\/wp\/v2\/media?parent=686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/benchinfo.org\/blogs\/wp-json\/wp\/v2\/categories?post=686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/benchinfo.org\/blogs\/wp-json\/wp\/v2\/tags?post=686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}