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Finance · LIC · Free Tool

Jeevan Labh Calculator
LIC 836 Premium & Maturity

Instantly compute your LIC Jeevan Labh 836 premium, estimated maturity amount, and total returns — covering all three policy terms (16, 21 & 25 years). Works for both Plan 736 and updated Plan 836. No login, 100% free.

LIC Jeevan Labh Calculator
Plan 836 · Free
Estimated Total Maturity
Includes Sum Assured + Bonus + FAB (approx)
Yearly Premium
Half-Yearly
Monthly
Plan Details
Sum Assured
Age at Entry
Policy Term
Premium Paying Term
Quarterly Premium
Maturity Estimate
Total Premium Paid
Basic Sum Assured
Bonus (Approx)
Final Add. Bonus (FAB)
Total Maturity
⚠️ Bonus & FAB are indicative based on latest LIC declared rates. Actual values may vary.
Quick Guide

How to Use This Calculator

1

Select Your Age

Choose your age at entry. Jeevan Labh accepts entries from 8 to 59 years depending on the term chosen.

2

Choose Policy Term & Sum Assured

Select 16, 21, or 25-year policy term and enter your desired Sum Assured (minimum ₹2,00,000).

3

View Instant Results

See your yearly, half-yearly, and monthly premiums alongside the full maturity breakdown — instantly.

Formula

How Is Maturity Calculated?

The Jeevan Labh maturity amount is calculated using LIC’s standard endowment formula:

Maturity = Sum Assured + Accrued Reversionary Bonus + Final Additional Bonus (FAB)
  • Sum Assured: The guaranteed coverage amount you choose at policy start
  • Reversionary Bonus: ≈ ₹47 per ₹1,000 SA per year (based on latest LIC rates)
  • FAB: ₹270–₹450 per ₹1,000 SA depending on policy term (16/21/25 yrs)
  • Premium: Based on tabular rates (per ₹1,000 SA) + 2.25% avg GST
Eligibility

LIC Jeevan Labh 836 — Key Parameters

Parameter16-Year Term21-Year Term25-Year Term
Premium Paying Term10 Years15 Years16 Years
Min Entry Age8 Years8 Years8 Years
Max Entry Age59 Years54 Years50 Years
Min Sum Assured₹2,00,000
Max Sum AssuredNo limit (in multiples of ₹10,000)
Maturity Age (max)75 Years75 Years75 Years
Why Jeevan Labh?

Key Benefits of LIC Jeevan Labh

📅

Limited Premium Payment

Pay for only 10–16 years but enjoy life cover and bonus accumulation for the full 16–25 year policy term.

🧾

Tax Benefits

Premium paid is deductible under Section 80C. Maturity proceeds are tax-free under Section 10(10D).

🏦

Loan Facility

Borrow against your policy after acquiring surrender value — a safety net in financial emergencies.

FAQ

Frequently Asked Questions

How to calculate Jeevan Labh maturity amount?+
Jeevan Labh maturity = Basic Sum Assured + Accrued Simple Reversionary Bonus + Final Additional Bonus (FAB). Bonus is ~₹47 per ₹1,000 SA per year based on latest LIC declaration. FAB varies by term. Use our calculator above for an instant estimate.
What is the return percentage of LIC Jeevan Labh?+
LIC Jeevan Labh typically delivers an IRR (Internal Rate of Return) of approximately 5.5% to 6.5% per annum depending on policy term, age, and sum assured. A 25-year policy often returns 3x–3.5x the total premium paid.
What are the disadvantages of Jeevan Labh?+
Main disadvantages: (1) Returns of 5.5–6.5% IRR are lower than market-linked investments like mutual funds. (2) Bonus is not guaranteed — depends on LIC’s annual declaration. (3) Early surrender causes significant loss. (4) Inflation may erode real value of maturity over 25 years.
How is Jeevan Labh different from Jeevan Anand?+
Jeevan Labh is a limited-premium endowment plan — coverage ends at maturity. Jeevan Anand is a whole-life plan — life cover continues even after maturity payout. Jeevan Labh suits those who want a lump-sum corpus at a set date; Jeevan Anand suits those who want lifelong protection.
What is the minimum sum assured for Jeevan Labh?+
The minimum Sum Assured for LIC Jeevan Labh is ₹2,00,000. There is no maximum limit — you can choose any amount in multiples of ₹10,000 beyond the minimum.
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