Read more to know about LIC Jeevan Lakshya 933 Maturity calculator in detail.
LIC Jeevan Lakshya - An Overview
LIC Jeevan Lakshya 733 (previously known as LIC Jeevan Lakshya 933) is a Par, Non-linked, Life, Individual, Savings plan which offers a combination of protection and savings. This plan provides for Annual Income benefit that may help to fulfill the needs of the family, primarily for the benefit of children, in case of unfortunate death of Policyholder any time before maturity and a lump sum amount at the time of maturity irrespective of survival of the policyholder.
LIC of India has withdrawn the plan 933 and relaunched it as LIC Jeevan Lakshya 733. The calculators can be found under any plan number and all of them work similarly.
How Does the LIC Jeevan Lakshya 933 Maturity Calculator 2025 Work?
Here is an overview of the LIC Jeevan Lakshya 933 Maturity Calculator 2025 function to give you an estimate of your potential benefits:
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Input Details: Provide essential details such as the age of the policyholder, the sum assured, policy term, and premium payment frequency.
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Premium Estimation: Based on the given information, the calculator figures out the approximate premium amount that you need to pay annually or as per the chosen payment frequency.
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Death Benefits: The tool estimates the annual income benefit that your family would receive in the unfortunate event of your death during the policy term.
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Maturity Benefits: The tool can be utilized for determining a rough estimate of the lump sum maturity amount, which will consist of the basic sum assured, accumulated bonuses, and Final Additional Bonus (FAB).
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Bonus Computations: It takes into account simple reversionary bonuses (that are declared yearly) and final additional bonus (that is declared at maturity) for its calculations.
How to Use the LIC Jeevan Lakshya 933 Maturity Calculator 2025?
Below are the steps to use the LIC New Jeevan Lakshya Calculator.
Step 1: Go to the official LIC website.
Step 2: Scroll to look for ‘How much do you need’ and then click on ‘Calculate Premium’ option.
Step 3: Then, enter a few basic details such as your name, date of birth, gender, phone number, etc. Click ‘Next’ and then choose “Quick Quote.”
Step 4: After that, you’ll see a list of plans. Click on “LIC’s New Jeevan Lakshya (Plan-733) ” and then click on Coverage.
Step 5: Then provide your desired Annuity type and Deferment period. Fill out the details, click on Quote, and the LIC Jeevan Lakshya pension plan calculator will show your estimated annuity amounts.
Note: LIC Jeevan Lakshya 933 has been withdrawn and relaunched as LIC Jeevan Lakshya 733, so the calculator will be available under the current plan number. Irrespective of the plan number, all these calculators work as a standard LIC calculator and generate results as per the information provided.
Benefits of Using LIC Jeevan Lakshya 933 Maturity Calculator
There are many benefits of using the LIC New Jeevan Lakshya Calculator:
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Personalized Results: The calculator generates results based on the inputs you have provided. These numbers are not general numbers just to explain the calculation. These are real figures offered by the plan.
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Making Informed Decision: By using the LIC Jeevan Lakshya Plan Calculator, oyu will be able to make better decisions while policy purchase or when you are planning for your retirement.
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Time-Efficient: You can look at different options whenever you want because it's online. No long forms at a branch, no manual math, just quick, easy comparisons that you can try as many times as you like.
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Transparency and Clarity: Most importantly, the LIC new Jeevan Lakshya plan calculator clears up the picture for you. You get a better idea of what the plan may actually give you and how it sits within your current budget, making your final decision a lot simpler.
Sample Calculation of LIC New Jeevan Lakshya Plan
By using the LIC Jeevan Lakshya 933 calculator, users can estimate annual premiums (in Rs.) for Basic Sum Assured of Rs. 2 lakh for Standard lives as follows:
| Age |
PT (PPT) in years |
| 13 (10) |
15 (12) |
20 (17) |
25 (22) |
| 20 |
20217 |
16670 |
11711 |
9006 |
| 30 |
20286 |
16758 |
11858 |
9222 |
| 40 |
20678 |
17209 |
12495 |
10074 |
| 50 |
22030 |
18698 |
Summing Up
The LIC Jeevan Lakshya 933 Maturity Calculator is a convenient planning tool that clarifies the plan benefits, helps to compare different premium amounts, and allows making a wise decision after understanding the plan details thoroughly.