LIC Endowment Assurance Plan Bonus Rates with Maturity calculation

Every year LIC launches bonus rates for it’s participating policies. Recently LIC has launched bonus rates for the year 2020 – 2021. This article covers a list of all the bonus rates declared so far for LIC Endowment Assurance Policy.

Plan NameLIC Endowment Assurance Policy
Table No(14,17,27 – after conversion, 28 – after conversion,34,39,40,41,42,50,54,79,80,81,84,87,90,91,92,95,101,102,103,109,110 & 121)
Types of Bonus DeclaredSRB, FAB, Diamond Jubilee Bonus
LIC Endowment Assurance Plan Bonus Rate Summary – Paisa kaudi

LIC Endowment Assurance Policy Bonus Rates - Paisa kaudi
LIC Endowment Assurance Policy Bonus Rates – Paisa kaudi

SRB for LIC Endowment Assurance Policy

It is declared as per 1000 Sum Assured and can be calculated as ( Bonus Rate X Sum Assured ) / 1000

Simple Reversionary Bonus rates are listed below.

Valuation YearTerm (years)Bonus Rate (Per 1000 Sum Assured)
2020-2021< 1129 – For Sum Assured less than or equal to 1 lac
30 – For Sum Assured greater than 1 lac
2020-2021 11 to 1533 – For Sum Assured less than or equal to 1 lac
34 – For Sum Assured greater than 1 lac
2020-2021 16 to 2037 – For Sum Assured less than or equal to 1 lac
38 – For Sum Assured greater than 1 lac
2020-2021 > 2043 – For Sum Assured less than or equal to 1 lac
44 – For Sum Assured greater than 1 lac
2019-2020< 1129 – For Sum Assured less than or equal to 1 lac
30 – For Sum Assured greater than 1 lac
2019-2020 11 to 1533 – For Sum Assured less than or equal to 1 lac
34 – For Sum Assured greater than 1 lac
2019-2020 16 to 2037 – For Sum Assured less than or equal to 1 lac
38 – For Sum Assured greater than 1 lac
2019-2020 > 2043 – For Sum Assured less than or equal to 1 lac
44 – For Sum Assured greater than 1 lac
2018-2019< 1134
2018-2019 11 to 1538
2018-2019 16 to 2042
2018-2019 2048
2017-2018< 1134
2017-2018 11 to 1538
2017-2018 16 to 2042
2017-2018 2048
2016-2017< 1134
2016-2017 11 to 1538
2016-2017 16 to 2042
2016-2017 2048
2015-2016< 1134
2015-2016 11 to 1538
2015-2016 16 to 2042
2015-2016 2048
2014-2015< 1134
2014-2015 11 to 1538
2014-2015 16 to 2042
2014-2015 2048
2013-2014< 1134
2013-2014 11 to 1538
2013-2014 16 to 2042
2013-2014 2048
2012-2013< 1134
2012-2013 11 to 1538
2012-2013 16 to 2042
2012-2013 2048
2011-2012< 1134
2011-2012 11 to 1538
2011-2012 16 to 2042
2011-2012 2048
2010-2011< 1134
2010-2011 11 to 1538
2010-2011 16 to 2042
2010-2011 2048
2009-2010< 1134
2009-2010 11 to 1538
2009-2010 16 to 2042
2009-2010 2048
2008-2009< 1134
2008-2009 11 to 1538
2008-2009 16 to 2042
2008-2009 2048
2007-2008< 1134
2007-2008 11 to 1538
2007-2008 16 to 2042
2007-2008 2048
2006-2007< 1134
2006-2007 11 to 1538
2006-2007 16 to 2042
2006-2007 2048
2005-2006All40-46
2004-2005All45-50
2003-2004All51-57
LIC Endowment Assurance Policy Reversionary Bonus Rates – Paisa kaudi

Diamond Jubilee Bonus for LIC Endowment Assurance Plan

LIC Declared this bonus on it’s founding day. It’s a one time bonus with some eligibility conditions. The prime condition is the plan should be active as on 1st Sep, 2016 also all the premiums should be paid till 1st Sep, 2016.

LIC declared this as per 1000 Sum Assured and can be calculated as ( Bonus Rate X Sum Assured ) / 1000

Diamond Jubilee Bonus Rates are listed below.

Policy Start DateBonus Rate (Per 1000 Sum Assured)
April 2011 to March 20165
April 2006 to March 201110
April 2001 to March 200615
April 1996 to March 200125
April 1991 to March 199635
April 1986 to March 199145
Prior to April 198660
LIC Diamond Jubilee Bonus Rates

FAB for LIC Endowment Assurance Policy

It’s a one time bonus that LIC pays at the time of maturity, death or surrender.
LIC declared this as per 1000 Sum Assured and can be calculated as ( Bonus Rate X Sum Assured ) / 1000

Final Additional Bonus rates are listed below for the year 2008

Term (years)Sum Assured (Rs)Bonus Rate
15<= 25,0000
1525,001 to 50,0000
1550,001 to 1,99,99920
152,00,00040
16<= 25,0000
16 25,001 to 50,0000
16 50,001 to 1,99,99940
16 2,00,00060
17<= 25,0000
1725,001 to 50,00020
1750,001 to 1,99,99955
172,00,00090
18<= 25,00020
1825,001 to 50,00035
1850,001 to 1,99,99980
182,00,000110
19 <= 25,000 35
19 25,001 to 50,000 55
19 50,001 to 1,99,999 110
19 2,00,000 165
20 <= 25,000 50
20 25,001 to 50,000120
20 50,001 to 1,99,999 200
20 2,00,000300
21 <= 25,000 90
21 25,001 to 50,000 196
21 50,001 to 1,99,999280
21 2,00,000390
22 <= 25,000 130
22 25,001 to 50,000 272
22 50,001 to 1,99,999360
22 2,00,000 480
23 <= 25,000170
23 25,001 to 50,000348
23 50,001 to 1,99,999440
23 2,00,000570
24<= 25,000210
24 25,001 to 50,000424
24 50,001 to 1,99,999520
24 2,00,000660
25<= 25,000250
25 25,001 to 50,000500
25 50,001 to 1,99,999600
25 2,00,000750
26<= 25,000345
26 25,001 to 50,000600
26 50,001 to 1,99,999700
26 2,00,000860
27<= 25,000440
27 25,001 to 50,000700
27 50,001 to 1,99,999800
27 2,00,000970
28<= 25,000535
28 25,001 to 50,000800
28 50,001 to 1,99,999900
28 2,00,0001080
29<= 25,000630
29 25,001 to 50,000900
29 50,001 to 1,99,9991000
29 2,00,0001190
30<= 25,000725
30 25,001 to 50,0001000
30 50,001 to 1,99,9991100
30 2,00,0001300
31<= 25,000830
31 25,001 to 50,0001120
31 50,001 to 1,99,9991220
31 2,00,0001420
32<= 25,000935
32 25,001 to 50,0001240
32 50,001 to 1,99,9991340
32 2,00,0001540
33<= 25,0001040
33 25,001 to 50,0001360
33 50,001 to 1,99,9991460
33 2,00,0001660
34<= 25,0001145
34 25,001 to 50,0001480
34 50,001 to 1,99,9991580
34 2,00,0001780
35<= 25,0001250
35 25,001 to 50,0001600
35 50,001 to 1,99,9991700
35 2,00,0001900
36<= 25,0001375
36 25,001 to 50,0001700
36 50,001 to 1,99,9991820
36 2,00,0002040
37<= 25,0001500
37 25,001 to 50,0001800
37 50,001 to 1,99,9991940
37 2,00,0002180
38<= 25,0001625
38 25,001 to 50,0001900
38 50,001 to 1,99,9992060
38 2,00,0002320
39<= 25,0001750
39 25,001 to 50,0002000
39 50,001 to 1,99,9992180
39 2,00,0002460
40 years and more <= 25,0001875
40 years and more 25,001 to 50,0002100
40 years and more 50,001 to 1,99,9992300
40 years and more2,00,0002600
LIC Endowment Assurance Policy Final Addition Bonus List – 2008

Final Additional Bonus rates are listed below for the year 2010, 2011 and 2012

Term (years)Sum Assured (Rs)Bonus Rate
15<= 25,0000
1525,001 to 50,0000
1550,001 to 1,99,99910
152,00,00020
16<= 25,0000
16 25,001 to 50,0000
16 50,001 to 1,99,99915
16 2,00,00025
17<= 25,0000
1725,001 to 50,00010
1750,001 to 1,99,99920
172,00,00030
18<= 25,00010
1825,001 to 50,00015
1850,001 to 1,99,99925
182,00,00035
19 <= 25,000 15
19 25,001 to 50,000 20
19 50,001 to 1,99,999 30
19 2,00,000 50
20 <= 25,000 20
20 25,001 to 50,00025
20 50,001 to 1,99,999 40
20 2,00,00070
21 <= 25,000 25
21 25,001 to 50,000 30
21 50,001 to 1,99,99950
21 2,00,000100
22 <= 25,000 30
22 25,001 to 50,000 50
22 50,001 to 1,99,99980
22 2,00,000 150
23 <= 25,00035
23 25,001 to 50,000100
23 50,001 to 1,99,999150
23 2,00,000250
24<= 25,00070
24 25,001 to 50,000150
24 50,001 to 1,99,999230
24 2,00,000350
25<= 25,000170
25 25,001 to 50,000250
25 50,001 to 1,99,999330
25 2,00,000450
26<= 25,000270
26 25,001 to 50,000350
26 50,001 to 1,99,999430
26 2,00,000550
27<= 25,000370
27 25,001 to 50,000450
27 50,001 to 1,99,999540
27 2,00,000670
28<= 25,000470
28 25,001 to 50,000550
28 50,001 to 1,99,999650
28 2,00,000790
29<= 25,000570
29 25,001 to 50,000650
29 50,001 to 1,99,999760
29 2,00,000910
30<= 25,000670
30 25,001 to 50,000750
30 50,001 to 1,99,999900
30 2,00,0001100
31<= 25,000800
31 25,001 to 50,000900
31 50,001 to 1,99,9991100
31 2,00,0001300
32<= 25,000950
32 25,001 to 50,0001050
32 50,001 to 1,99,9991300
32 2,00,0001550
33<= 25,0001100
33 25,001 to 50,0001200
33 50,001 to 1,99,9991550
33 2,00,0001800
34<= 25,0001250
34 25,001 to 50,0001350
34 50,001 to 1,99,9991700
34 2,00,0002050
35<= 25,0001400
35 25,001 to 50,0001500
35 50,001 to 1,99,9991850
35 2,00,0002300
36<= 25,0001550
36 25,001 to 50,0001650
36 50,001 to 1,99,9992050
36 2,00,0002550
37<= 25,0001700
37 25,001 to 50,0001800
37 50,001 to 1,99,9992250
37 2,00,0002800
38<= 25,0001850
38 25,001 to 50,0001950
38 50,001 to 1,99,9992500
38 2,00,0003050
39<= 25,0002000
39 25,001 to 50,0002100
39 50,001 to 1,99,9992750
39 2,00,0003300
40 years and more<= 25,0002150
40 years and more 25,001 to 50,0002500
40 years and more 50,001 to 1,99,9993000
40 years and more 2,00,0003550
LIC Endowment Assurance Policy Final Addition Bonus List – 2010, 2011, 2012

LIC Endowment Assurance Policy Maturity Calculation

So you will get your maturity value by adding Sum Assured + Simple Reversionary Bonus + Final Addition Bonus + Diamond Jubilee Bonus (If any)

LIC Endowment Assurance Policy Bonus Rates FAQs

What is SRB?

SRB is simple reversionary bonus which is declared as per 1000 Sum Assured and can be calculated as ( Bonus Rate X Sum Assured ) / 1000. LIC declares bonus rates for it’s participating policies every year.

What is Diamond Jubilee Bonus?

LIC Declared this bonus on it’s founding day. It’s a one time bonus. LIC declares this as per 1000 Sum Assured and can be calculated as, ( Bonus Rate X Sum Assured ) / 1000

What is FAB?

It’s a one time bonus that LIC pays at the time of maturity, death or surrender. LIC declared this as per 1000 Sum Assured and can be calculated as,
( Bonus Rate X Sum Assured ) / 1000

How can I get LIC bonus?

Bonuses are only paid at the time of death claim, maturity claim or on surrender of the policy. Only participating policies are eligible for bonus.

How LIC Maturity is calculated?

LIC Maturity value is calculated by adding Sum Assured + Simple Reversionary Bonus + Final Addition Bonus + Diamond Jubilee Bonus

Types of bonus in LIC with calculationBonus rates of all LIC policies

This covers the bonus rate in the LIC Endowment Assurance policy. Please write in the comment box if you need any further information on this.

Leave a Comment