Jeevan Labh Calculator – LIC 836 Premium, Maturity & Returns | Free Tool
Finance · LIC · Free Tool

Jeevan Labh Calculator — LIC 836 Premium,
Maturity Amount & Total Returns

Our free Jeevan Labh Calculator instantly computes your LIC Jeevan Labh 836 premium, estimated maturity amount, and total returns — covering all three policy terms (16, 21 & 25 years). Whether you’re asking how to calculate Jeevan Labh maturity amount, want to know the return percentage of LIC Jeevan Labh, understand what are the disadvantages of Jeevan Labh, or compare it with a Jeevan Anand calculator — this page covers everything. Works for both Plan 736 and the updated LIC Jeevan Labh 836 premium and maturity calculator scenario. No login, no download, 100% free.

LIC Jeevan Labh Calculator
Plan 836 (formerly 736) · Premium + Maturity Estimator
Optional Rider Benefits
Yearly Premium
Half-Yearly
Quarterly
Monthly
Plan Details
Sum Assured
Age at Entry
Policy Term
Premium Paying Term
AD & DB Rider
Term Rider
PWB Rider
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.
📋 Sample Calculation — Age 25, ₹15 Lakh Sum Assured, 25-Year Term
Plan Details
Sum Assured₹15,00,000
Age25 Years
Policy Term25 Years
PPT16 Years
Premium Details
Yearly₹69,353
Half-Yearly₹35,057
Quarterly₹17,719
Monthly₹5,906
Maturity Details
Total Premium₹11,09,648
Sum Assured₹15,00,000
Bonus₹17,62,500
FAB₹6,75,000
Total Maturity₹39,37,500
Eligibility

LIC Jeevan Labh 836 — Who Can Apply?

Parameter16-Year Term21-Year Term25-Year Term
Premium Paying Term (PPT)10 Years15 Years16 Years
Min Entry Age8 Years8 Years8 Years
Max Entry Age59 Years54 Years50 Years
Max Maturity Age75 Years75 Years75 Years
Min Sum Assured₹2,00,000₹2,00,000₹2,00,000
Max Sum AssuredNo LimitNo LimitNo Limit
Grace Period30 Days30 Days30 Days
Free Look Period15 Days15 Days15 Days
Step-by-Step Guide

How to Use the Jeevan Labh Calculator

1

Enter Your Age at Entry

Select your current age from the dropdown. Your age determines the base premium rate — younger entrants get lower premiums for the same sum assured.

2

Choose Your Policy Term

Pick from 16, 21, or 25 years. The Premium Paying Term (PPT) auto-fills — 10 years for 16-year term, 15 years for 21-year term, and 16 years for the 25-year term. You pay premiums only for the PPT but stay covered for the full policy term.

3

Enter Sum Assured

Type in your desired cover amount (minimum ₹2,00,000). A higher sum assured means higher premiums but also a larger maturity payout. Use the calculator to test different amounts.

4

Select Optional Riders (if any)

Toggle on any rider benefits — Accidental Death & Disability (AD & DB), New Term Assurance Rider, or Premium Waiver Benefit (PWB). Each adds a small extra premium but significantly enhances your coverage.

5

Click Calculate

Hit the Calculate button to instantly see yearly, half-yearly, quarterly and monthly premium options, total premium paid over the PPT, and the estimated maturity amount including bonus and FAB.

Formula Explained

Jeevan Labh Maturity Amount Formula

Understanding how your maturity amount is calculated helps you plan better. The Jeevan Labh maturity amount has three components:

Maturity = Basic Sum Assured + Accrued Bonus + Final Additional Bonus (FAB)
  • Basic Sum Assured — the guaranteed amount you chose when buying the policy.
  • Accrued Bonus (Simple Reversionary Bonus) — approximately ₹47–₹50 per ₹1,000 Sum Assured per year, based on latest LIC declared rates. Example: ₹10L SA × 25 yrs × ₹47/1000 = ₹11,75,000 bonus.
  • Final Additional Bonus (FAB) — a one-time bonus paid at maturity for policies completing full term. Approximately ₹450–₹1,350 per ₹1,000 SA depending on term and age at entry.
  • Death Benefit = Higher of (10× Annual Premium) or (125% of SA) + Accrued Bonus + FAB.

The effective IRR (return percentage) for Jeevan Labh typically works out to 5.5% to 6.5% per annum — guaranteed life cover plus savings, though lower than pure market instruments.

Smart Features

Why Use Our Jeevan Labh Calculator

All 3 Payment Modes

See yearly, half-yearly, quarterly and monthly premium breakdown in one click — no manual math, no separate tools needed. Compare modes instantly.

Bonus + FAB Estimate

Our calculator uses latest LIC declared bonus rates to estimate your total maturity — including both Simple Reversionary Bonus and Final Additional Bonus for a realistic projection.

Rider Premium Included

Toggle optional riders (AD&DB, Term Assurance, PWB) on or off and instantly see how they affect your total premium — perfect for building a customised coverage plan.

FAQ

Jeevan Labh Calculator — Frequently Asked Questions

How to calculate Jeevan Labh maturity amount?
Jeevan Labh maturity amount = Basic Sum Assured + Accrued Simple Reversionary Bonus + Final Additional Bonus (FAB). Use the simple formula: Bonus ≈ Sum Assured × Bonus Rate per ₹1,000 × Policy Term. The FAB is a one-time addition declared by LIC at maturity. For quick results, use our free Jeevan Labh Calculator above — just enter age, sum assured and policy term to instantly see your estimated maturity figure.
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 age, policy term, and sum assured. For the 25-year term plan, the total maturity can be 3x to 3.5x the total premium paid. While these returns are lower than equity mutual funds, Jeevan Labh provides guaranteed life cover plus a relatively safe, tax-free corpus — making it suitable for conservative investors seeking protection alongside savings.
What are the disadvantages of Jeevan Labh?
The main disadvantages of LIC Jeevan Labh are: (1) Returns of 5.5–6.5% IRR are significantly lower than equity mutual funds or PPF over the same period; (2) Bonus rates are not guaranteed — LIC declares them annually and can change; (3) Early surrender attracts heavy penalty and poor surrender value, especially in the first 3 years; (4) No flexibility to increase sum assured or change premium frequency after policy commencement; (5) Inflation may significantly erode the real value of maturity proceeds over a 25-year period; (6) Monthly premium payment comes with a higher effective cost due to modal loading factors.
What is the benefit of a Jeevan Labh policy?
Key benefits of LIC Jeevan Labh: (1) Limited premium payment — pay premiums for 10, 15 or 16 years but enjoy full life cover for 16, 21 or 25 years; (2) Guaranteed tax-free lump sum at maturity; (3) Life cover throughout — family is financially protected in case of death; (4) Tax benefit on premium paid under Section 80C, and maturity amount is tax-free under Section 10(10D); (5) Loan facility available once surrender value is acquired; (6) Participating plan — earns bonuses declared by LIC each year; (7) Optional riders for enhanced accident and disability coverage.
What is LIC Jeevan Labh 836 premium and maturity calculator?
LIC Jeevan Labh 836 is the revised and current version of the original Plan 736. The plan number changed after LIC updated its product portfolio, but the core structure — limited premium endowment with 16/21/25 year terms — remains identical. Our Jeevan Labh Calculator works for both Plan 736 and 836. Simply enter your age, policy term and sum assured to get accurate premium and maturity estimates for the current 836 version.
How is Jeevan Labh different from Jeevan Anand?
Jeevan Labh is a limited premium endowment plan — your life cover ends at maturity date when you receive the lump sum payout. Jeevan Anand is a whole life plan — it pays a maturity benefit at the end of the chosen term, but your life cover continues for your entire lifetime even after maturity. The Jeevan Anand calculator will show higher premiums for the same sum assured compared to Jeevan Labh, because the insurer carries lifelong risk. Choose Jeevan Labh if you want a clear-cut savings corpus at a set future date; choose Jeevan Anand if you want lifelong protection alongside a maturity benefit.
Summary

Make Smarter LIC Decisions with Our Jeevan Labh Calculator

The Jeevan Labh Calculator on Hindustan Calculator takes the guesswork out of LIC policy planning. Whether you are evaluating LIC Jeevan Labh 836 for the first time or comparing it against a Jeevan Anand calculator result, our tool gives you a complete picture — premium breakdowns across all payment frequencies, realistic maturity estimates with bonus and FAB, and eligibility details all in one place. Understanding the return percentage of LIC Jeevan Labh, the disadvantages of Jeevan Labh, and the benefit of a Jeevan Labh policy helps you decide whether this limited premium endowment plan fits your financial goals. Use the calculator above, note your results, and consult a certified LIC agent or financial advisor before purchasing. Bookmark this page — it’s always free, always updated.