The LIC Jeevan Lakshya 933 Maturity Calculator is an online tool designed to help users calculate the maturity value and the death benefit payable under the LIC Jeevan Lakshya plan (currently plan 733). Simply enter your age, policy term and Sum Assured with optional riders (if any) to calculate the benefits of the Jeevan Lakshya Plan at the time of maturity or in case of the policyholder's unfortunate death. LIC Jeevan Lakshya 933 has been withdrawn by LIC of India and replaced with the latest version, Plan no 733.
The LIC Jeevan Lakshya Calculator is a simple and easy-to-use online calculator which allows you to calculate the premium, maturity value and death benefit of the Jeevan Lakshya plan (previously LIC Jeevan Lakshya 933 ). It’s free to use and offers you a brief overview of how your policy could perform over time and can be easily found on the official website of LIC of India under the ‘Calculate Premium’ section.
The LIC Jeevan Lakshya calculator gives the estimated maturity amount along with incentives by inputting basic information like your age, policy term and sum insured. It also helps you understand the yearly income benefit that your family may get in the event of the policyholder’s death.
You may plan your finances and select the right coverage according to your needs with the help of a Jeevan Lakshya insurance calculator or Jeevan Lakshya premium calculator.
What are the Features of the LIC Jeevan Lakshya 933 Calculator?
The Jeevan Lakshya plan helps safeguard your family's future by providing savings and security. You may improve your planning by using tools like the LIC Jeevan Lakshya 933 calculator or the Jeevan Lakshya calculator.
Yearly Income Benefit: In case of an unfortunate demise of the policyholder during the term, 10% of the base sum insured is paid to the nominee every year to maturity.
Lump Sum Maturity Benefits: If the policyholder lives the period of the policy, then on maturity he/she will get the whole sum promised plus cumulative bonuses.
Participating Plan (Bonus Benefits): The insurance is eligible for simple reversionary bonuses and final extra bonus as stated by LIC from time to time.
Rider Flexibility: You can add riders for more protection like as accidental death benefit, critical sickness insurance or term rider.Tax Benefits: Premiums are eligible for tax deduction under Section 80C, while maturity profits are tax-free under Section 10(10D) in most cases.
How to Use the LIC Jeevan Lakshya 933 Maturity Calculator 2026?
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: 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.
How Does the LIC Jeevan Lakshya 933 Maturity Calculator 2026 Work?
The LIC Jeevan Lakshya 933 maturity calculator is a simple calculator which enables you to know the performance of your insurance in a period of time. Just provide a few basic facts and obtain an overview of premiums, perks and returns. Using a LIC Jeevan Lakshya Calculator makes planning simple and transparent.
Inputs Needed for Calculation
The policyholder’s age
Policy term (13 to 25 yrs)
Basic Sum assured
Premium payment mode (yearly, half-yearly, quarterly or monthly)
Riders (optional if selected)
Calculator Results
Estimated premium
Bonus calculation & Benefit on maturity
Details of death benefit
Annual income benefit for family upon death
A Jeevan Lakshya calculator allows you to easily compare options and select a plan that aligns with your financial goals.
Sample Premium Example of Using a LIC Jeevan Lakshya Calculator
To understand how the LIC Jeevan Lakshya calculator works in practical terms, here is a simple example. It offers a general concept of how inputs are used to calculate premiums and benefits under the Jeevan Lakshya 933 plan (currently plan no. 733). Here are the plan details.
Age: 35 years
Basic Sum Assured: 2,00,000
Policy Term: 20 years
Premium Payment Term: 17 years
Premium Payment Frequency
Premium Amount
Yearly
Rs. 12074
Half Yearly
Rs. 6098
Quarterly
Rs. 3080
Monthly
Rs. 1027
You may use a Jeevan Lakshya policy calculator or Jeevan Lakshya premium calculator to enter the above data and receive an estimate of your premium amount, maturity value and death benefits. The calculator also helps you understand how bonuses may be added to the ultimate payout over time.
Benefits of Using LIC Jeevan Lakshya 933 Maturity Calculator
There are many benefits of using the LIC New Jeevan Lakshya Calculator:
Personalized Results: The LIC Jeevan Lakshya 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 with tools like the LIC Jeevan Lakshya Claculator.
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 under the Jeevan Lakshya 933 plan.
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.
LIC Jeevan Lakshya - An Overview
LIC Jeevan Lakshya 933 (Currently known as LIC Jeevan Lakshya 733) 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.
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.
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. The simplest way to calculate the maturity amount is using the LIC Jeevan Lakshya 933 Calculator (currently plan 733).
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 for 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.
Q. How to calculate Jeevan Lakshya maturity amount?
Include the basic sum assured, accumulated reversionary bonuses, and the final additional bonus declared by LIC at maturity.
Q. What is Jeevan Lakshya plan Number 933?
The LIC Jeevan Lakshya Plan is a non-linked, participating endowment plan that provides family protection, annual income upon death, and a lump sum at maturity.
Q. What is the death benefit of LIC Jeevan Lakshya plan 933?
Upon the policyholder's death, the nominee receives a larger amount along with 10% of the sum assured annually until the policy matures.
Q. Can I surrender the Jeevan Lakshya policy?
Yes, after paying premiums for two full years, you can surrender and receive either the guaranteed or special surrender value, whichever is higher.
*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