LIC New Jeevan Anand 815 Bonus Rates with Maturity calculation

This article covers list of all the bonus rates declared for LIC New Jeevan Anand Plan 815 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 New Jeevan Anand Plan
Table No815
Types of Bonus DeclaredSRB, Diamond Jubilee Bonus
LIC New Jeevan Anand Plan 815 Bonus Rate Summary – Paisa kaudi
LIC New Jeevan Anand 815 Bonus Rates - Paisa kaudi
LIC New Jeevan Anand 815 Bonus Rates – Paisa kaudi

SRB for LIC New Jeevan Anand 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 yearPolicy Term (years)Bonus Rate
2020-20211537 – For Sum Assured less than or equal to 1 lac
38 – For Sum Assured greater than 1 lac
16 to 2041 – For Sum Assured less than or equal to 1 lac
42 – For Sum Assured greater than 1 lac
> 2045 – For Sum Assured less than or equal to 1 lac
46 – For Sum Assured greater than 1 lac
2019-20201537 – For Sum Assured less than or equal to 1 lac
38 – For Sum Assured greater than 1 lac
16 to 2041 – For Sum Assured less than or equal to 1 lac
42 – For Sum Assured greater than 1 lac
> 2045 – For Sum Assured less than or equal to 1 lac
46 – For Sum Assured greater than 1 lac
2018-20191541
16 to 2045
> 2049
2017-20181541
16 to 2045
> 2049
2016-20171541
16 to 2045
> 2049
2015-20161541
16 to 2045
> 2049
2014-20151541
16 to 2045
> 2049
2013-20141540
16 to 2044
> 2048
LIC New Jeevan Anand 815 Simple Reversionary Bonus Rates – Paisa kaudi

Diamond Jubilee Bonus for LIC New Jeevan Anand 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 New Jeevan Anand

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 New Jeevan Anand Plan Maturity Calculation

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

LIC New Jeevan Anand 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 New Jeevan Anand policy. Please comment if you need any further information on this.

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