LIC Calculatorliccalculator.app

About LIC Calculator

Our mission is to make LIC plan information simple, transparent and accessible to every Indian family.

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Who We Are

LIC Calculator (liccalculator.app) is an independent, India-focused financial education website. We build free, accurate and easy-to-use online calculators for the most popular Life Insurance Corporation of India (LIC) plans — including New Endowment (714), New Jeevan Anand (715), New Money Back (720 & 721), Jeevan Lakshya (733), Jeevan Labh (736), Jeevan Umang (745), Jeevan Utsav (883) and the legacy Jeevan Anand (149).

Our team consists of finance professionals, software engineers and content writers who are passionate about helping Indian families make smarter insurance decisions. We are not affiliated with, sponsored by, or partnered with LIC in any way.

Our Mission

Buying an LIC policy is a long-term financial commitment — often running 15, 20 or 25 years. We believe that before signing on the dotted line, every Indian family deserves to:

  • Understand exactly how much premium they will pay over the policy term.
  • See the maturity amount they can realistically expect, including bonuses and FAB.
  • Compare different LIC plans side by side.
  • Plan their home loan EMI and investments with confidence.
  • Calculate surrender value and HLV (Human Life Value) before making a decision.

That is what LIC Calculator is built for.

What Makes Us Different

🎯 Accuracy First

Our calculators use LIC's tabular premium rates, mode rebates, GST @ 18% and the most recent simple reversionary bonus and FAB declarations. We refresh our rate tables regularly to stay in line with the latest LIC circulars.

🔒 Privacy by Design

All calculations run entirely in your browser. We do not collect, log or store your age, income, sum assured or any personal data. We do not require sign-up or email to use any tool.

🇮🇳 Made for India

Built specifically for Indian policyholders — supports ₹, Indian number formats, Indian life insurance rules and Indian tax treatment under Section 80C and 10(10D).

📚 Plain-language Guides

Every plan page explains eligibility, benefits, riders, surrender value and tax treatment in simple English. No jargon, no marketing fluff.

What You Can Do on LIC Calculator

  • Calculate LIC Premiums for yearly, half-yearly, quarterly and monthly modes — with optional AD&DB and Term Rider.
  • Estimate Maturity Benefits including sum assured, simple reversionary bonus and Final Addition Bonus (FAB).
  • Project SIP / Lumpsum Returns for LIC mutual fund investments.
  • Compute Home Loan EMI with a year-wise amortization table.
  • Check Surrender Value for any LIC policy before you exit.
  • Calculate HLV (Human Life Value) to know your real insurance need.
  • Read educational blog posts on LIC plans, bonuses, taxation and more.

Editorial Standards

Every page on liccalculator.app is reviewed by our editorial team for:

  • Accuracy — numbers are cross-checked with the latest LIC premium rate cards and bonus circulars.
  • Clarity — we write in simple, jargon-free English (and plan to add Hindi soon).
  • Transparency — we clearly mark every estimate as "indicative" and remind users to verify with LIC's official documents.
  • Independence — we never promote a specific LIC plan as "best". We give you the data, you decide.

Important Disclaimer

Please Note: All calculations, illustrations and figures on this website are for educational and informational purposes only. They are based on indicative premium rates, mode rebates, GST, and bonus declarations that may change over time. The actual premium, maturity value, bonus and FAB payable will be as per the policy document issued by LIC of India. We strongly recommend that you consult an authorised LIC agent or visit the official LIC website (lic.in) before making any financial decision.

Get in Touch

Have a suggestion, found a calculation error, or want us to add a new calculator? We'd love to hear from you. Drop us a line →