LIC Limited Premium Endowment Plan 830 Bonus Rates with Maturity

This article covers list of all the bonus rates declared for LIC Limited Premium Endowment Plan 830 from inception till 2020-2021. LIC declares bonus rates for it’s participating policies every year. Let’s explore this in detail with calculation.

Plan NameLIC Limited Premium Endowment Plan
Table No830
Types of Bonus DeclaredSRB, Diamond Jubilee Bonus
LIC Limited Premium Endowment Plan 830 Bonus Rate Summary – Paisa kaudi

SRB for LIC Limited Premium Endowment Plan

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 YearPolicy Term (Years)Bonus Rate (per ₹1000 Sum Assured)
2020-20211237 for SA > 1 Lac
1642 for SA > 1 Lac
2147 for SA > 1 Lac
2019-20201237 for SA > 1 Lac
1642 for SA > 1 Lac
2147 for SA > 1 Lac
2018-20191240
1645
2150
2017-20181240
1645
2150
2016-20171240
1645
2150
2015-20161240
1645
2150
2014-20151240
1645
2150
SRB for LIC Limited Premium Endowment Plan 830 – paisa kaudi

Diamond Jubilee Bonus for LIC Limited Premium Endowment 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
Apr 2011 to March 20165
LIC Diamond Jubilee Bonus Rates

FAB for LIC Limited Premium Endowment Plan

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

There is no FAB declared in this plan.

LIC Limited Premium Endowment Plan Maturity Calculation

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

LIC Limited Premium Endowment Plan 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.

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

Leave a Comment