LIC Jeevan Lakshya 933 Maturity Calculator

The LIC Jeevan Lakshya 933 Maturity Calculator is an online tool designed to help users calculate the maturity value and the death benefit that will be paid under the LIC Jeevan Lakshya policy. It just needs a few basic details like age, policy term, premium amount and sum assured to get an approximate idea of the benefits payable at the time of maturity or in case of the policyholder's unfortunate death and the premium amount calculation.

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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LIC of India has withdrawn the plan 933 and relaunched it as LIC Jeevan Lakshya 733.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:

  • Input Details: Provide essential details such as the age of the policyholder, the sum assured, policy term, and premium payment frequency.

  • 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.

  • 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.

  • 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).

  • 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:

  • 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.

  • 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.

  • 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.

  • 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.

FAQs

  • Q: How to calculate Jeevan Lakshya maturity amount?

    The maturity amount under the Jeevan Lakshya scheme is calculated by adding the Basic Sum Assured, the yearly accrued Simple Reversionary Bonuses, and the Final Additional Bonus, if any, at the time of maturity, as per LIC's bonus declarations.
  • Q: What is the maximum sum assured in Jeevan Lakshya?

    There is no upper limit set for the maximum Sum Assured in LIC Jeevan Lakshya. Policyholders may select any Sum Assured, depending on their financial requirements, age, eligibility conditions, and underwriting.
  • Q: What are the benefits of LIC Jeevan Lakshya plan 933?

    The LIC Jeevan Lakshya Plan 933 provides the following benefits: life cover, annual income to the family in case of death, lump sum maturity benefit, participation in the bonus, loan facility, and tax benefits, and thus it can be categorized as a safe option of long term financial stability and protection of the family.
  • Q: What is the maturity benefit of Jeevan Lakshya?

    At maturity, the policy pays a lump sum consisting of the Basic Sum Assured along with the Simple Reversionary Bonuses and the Final Additional Bonus, if any, thus being a source of funds to meet long, term goals like children's education or saving needs.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
+Returns Since Inception of LIC Growth Fund
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
++Returns are 10 years returns of Nifty 100 Index benchmark
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

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