LIC Jeevan Saral Plan 165 Maturity Calculator
Instantly calculate the maturity value of your LIC Jeevan Saral Plan 165 policy. Get detailed estimates, including bonuses and loyalty additions.
LIC Jeevan Saral Plan 165 Calculator
LIC Jeevan Saral Plan 165 Overview
Plan Features
LIC Jeevan Saral Plan 165 is a flexible endowment plan that offers both protection and long-term savings. It comes with loyalty additions, guaranteed maturity benefits, and annual bonuses.
Major Benefits:
- Guaranteed maturity value
- Death risk coverage
- Bonus and loyalty additions
- Tax exemptions under section 80C & 10(10D)
How the Calculator Works
The calculator estimates your maturity amount based on your inputs, using prevailing LIC bonus rates and loyalty additions.
It Considers:
- Entered Sum Assured
- Applicable bonus rates
- Loyalty addition (based on term)
- Total premium paid
- Estimated returns
Frequently Asked Questions
What are the benefits of Jeevan Saral Plan 165?
Jeevan Saral offers flexibility, life cover, guaranteed returns, and loyalty additions. You get death benefits during the term, maturity sum assured at the end, and potential annual bonuses and tax exemptions under Section 80C and 10(10D).
What are the disadvantages of Jeevan Saral?
The plan was discontinued for new purchases due to regulatory changes. It also lacks transparency in bonus and loyalty addition declarations and may offer lower returns compared to modern investment-linked products.
What are the benefits of Jeevan Saral with profits?
With-profits means you earn a share in LIC’s surplus. Jeevan Saral policyholders receive annual bonuses and possible loyalty additions, increasing the maturity and death benefit amounts over time.
Can we take a loan on a Jeevan-Saral policy?
Yes, you can take a policy loan after completing at least 3 years of premium payment. The loan amount is usually 85–90% of the surrender value, and interest is payable as per LIC’s prevailing rates.
How to calculate Jeevan Saral maturity amount?
Use our free online Jeevan Saral 165 maturity calculator to estimate your maturity value. It considers premium paid, age at entry, policy term, sum assured, bonus, and loyalty additions.
Is it good to take a loan against a LIC policy?
Loans against LIC policies are safe and easy with lower interest rates. It’s a good option if you need short-term funds without affecting your credit score. However, unpaid loans reduce the maturity or death benefit.
Is LIC Jeevan Saral still available?
LIC has discontinued Jeevan Saral for new customers. However, if you already have a policy, it remains active with all benefits including bonuses and maturity payouts.
Is the calculator 100% accurate?
Our calculator gives you a near-accurate estimate based on current LIC rates and assumptions. However, final maturity values depend on LIC's declared bonuses and loyalty additions at the time of payout.
What’s the loyalty addition amount?
Loyalty additions are declared by LIC based on the policy term and performance of the fund. They are typically added for policies held for over 10 years and can significantly enhance your returns.