LIC Jeevan Nidhi Plan Bonus Rates with Maturity calculation

This article covers list of all the bonus rates declared for LIC Jeevan Nidhi Plan 169 from inception till 2020-2021. LIC declares bonus for it’s participating policies every year. Let’s explore in detail.

Plan Name	LIC Jeevan Nidhi Plan
Table No	169
Types of Bonus Declared	SRB, Diamond Jubilee Bonus

SRB for LIC Jeevan Nidhi 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 Year	Term (years)	Bonus Rate (Per 1000 Sum Assured)
2020-2021	< 11	41 – For Sum Assured less than or equal to 1 lac 41 – For Sum Assured greater than 1 lac
	11 to 15	42 – For Sum Assured less than or equal to 1 lac 43 – For Sum Assured greater than 1 lac
	16 to 20	44 – For Sum Assured less than or equal to 1 lac 45 – For Sum Assured greater than 1 lac
	> 20	46 – For Sum Assured less than or equal to 1 lac 47 – For Sum Assured greater than 1 lac
2019-2020	< 11	40 – For Sum Assured less than or equal to 1 lac 41 – For Sum Assured greater than 1 lac
	11 to 15	42 – For Sum Assured less than or equal to 1 lac 43 – For Sum Assured greater than 1 lac
	16 to 20	44 – For Sum Assured less than or equal to 1 lac 45 – For Sum Assured greater than 1 lac
	> 20	46 – For Sum Assured less than or equal to 1 lac 47 – For Sum Assured greater than 1 lac
2018-2019	5 to 10	45
	11 to 15	47
	16 to 20	49
	> 20	51
2017-2018	5 to 10	45
	11 to 15	47
	16 to 20	49
	> 20	51
2016-2017	5 to 10	41
	11 to 15	43
	16 to 20	45
	> 20	47
2015-2016	< 11	40
	11 to 15	42
	16 to 20	44
	> 20	46
2014-2015	< 11	38
	11 to 15	40
	16 to 20	42
	> 20	44
2013-2014	< 11	36
	11 to 15	38
	16 to 20	40
	> 20	42
2012-2013	< 11	34
	11 to 15	36
	16 to 20	38
	> 20	40
2011-2012	< 11	32
	11 to 15	34
	16 to 20	36
	> 20	38
2010-2011	< 11	32
	11 to 15	34
	16 to 20	36
	> 20	38
2009-2010	< 11	32
	11 to 15	34
	16 to 20	36
	> 20	38
2008-2009	< 11	32
	11 to 15	34
	16 to 20	36
	> 20	38
2007-2008	< 11	32
	11 to 15	34
	16 to 20	36
	> 20	38

Diamond Jubilee Bonus for LIC Jeevan Nidhi 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 Date	Bonus Rate (Per 1000 Sum Assured)
April 2011 to March 2016	5
April 2006 to March 2011	10
April 2001 to March 2006	15

LIC Jeevan Nidhi Plan 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 Jeevan Nidhi Bonus Rates FAQs

Types of bonus in LIC with calculation

Bonus rates of all LIC policies

This covers the bonus rate in the LIC Jeevan Nidhi policy. Please comment if you need any further information on this.