Our LIC maturity amount calculator helps to find out the LIC maturity amount for normal, money back based on sum assured, simple bonus, final additional bonus and survival benefits.
The maturity amount of your fixed deposit is a sum of your principal amount invested, along with pre-decided returns earned over the chosen tenor. You can easily calculate FD maturity amount with FD maturity calculator, even before you invest.
Formula:
LIC Maturity Amount for Normal = SA + SiB + FAB
LIC Maturity Amount for Money Back Policy = LIC Maturity Amount for Normal - SuB
SA - Sum Assured
SiB - Simple Bonus
FAB - Final Additional Bonus
SuB - Survival Benefits