LIC New Children’s Money Back Maturity Calculator

LIC New Children’s Money Back maturity calculator is an online tool that helps potential customers to calculate the premiums and maturity value of their LIC New Children’s Money Back Policy. The calculator helps illustrate complete plan benefits per child’s age, sum assured and policy tenure chosen by the policyholder. 

Read more
LIC Plans-
Buy LIC policy online hassle free
Tax saving under Sec 80C & 10(10D)^
Guaranteed maturity with life cover for securing family's future
Sovereign guarantee as per Sec 37 of LIC Act
LIC life insurance
We are rated~
rating
6.7 Crore
Registered Consumers
51
Insurance Partners
3.4 Crore
Policies Sold
Now Available on Policybazaar
Grow wealth through
100% Guaranteed Returns with LIC
+91
Secure
We don’t spam
View Plans
Please wait. We Are Processing..
Your personal information is secure with us
Plans available only for people of Indian origin By clicking on ''View Plans'' you, agreed to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs Tax benefit is subject to changes in tax laws
Get Updates on WhatsApp
We are rated~
rating
6.7 Crore
Registered Consumers
51
Insurance Partners
3.4 Crore
Policies Sold

The LIC New Children's Money Back Maturity Calculator offered by the LIC of India is a helpful tool for policyholders to estimate the maturity amount and plan their financial goals accordingly.

Benefits of LIC New Children’s Money Back Maturity Calculator

Here are some potential benefits of using LIC New Children’s Money Back calculator:

  1. Maturity Amount Estimation

    The calculator lets you know the approximate maturity amount you can expect to receive when the policy matures. It considers factors such as the policy term, premium payment term, sum assured and declared bonuses.

  2. Financial Planning

    Knowing the projected maturity amount, you can better plan for your child's future financial needs, such as education expenses or other milestones. It helps you assess whether the expected maturity amount aligns with your financial goals and make necessary adjustments if needed.

  3. Comparisons and Decision-making

    The calculator can help you compare policy options by inputting their details and assessing the estimated maturity amounts. It allows you to make an informed decision about which policy may be more suitable for your child's financial well-being.

  4. Flexibility

    The calculator allows you to experiment with different premium payment terms, sum assured amounts, or policy durations to see how these factors impact the maturity amount. It can help you understand the flexibility of the policy and choose the most suitable options based on your financial capabilities.

  5. Time-Saving

    Instead of manually calculating and analyzing the maturity amounts for different scenarios, the calculator provides quick results, saving time and effort.

Factors to Keep in Mind while using the LIC New Children's Money Back Maturity Calculator

  • Personal and Policy Details: Put accurate information about the LIC New Children's Money Back policy you own or intend to purchase. This includes the policy term, premium payment term, sum assured, and any additional riders or features associated with the policy.

  • Premium Amount: Enter the correct premium amount you pay for the policy. This will affect the maturity amount calculation.

  • Bonuses: The calculator may ask for the policy's expected or declared bonus rates.

  • Personal Circumstances: The calculator provides estimates based on general assumptions. When interpreting the results, it's essential to factor in your financial situation, goals, and risk tolerance. Consider your other investments, savings, and potential changes in circumstances that may impact the overall financial plan for your child.

Summing it up

The accuracy of the maturity amount provided by the calculator depends on the information you input and the assumptions made by the calculator. The actual maturity amount may vary based on policy performance, declared bonuses, and other factors LIC determines.

*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

LIC of India
LIC Plans
LIC Jeevan Utsav
LIC Jeevan Kiran
LIC Dhan Vriddhi
LIC Monthly Investment Plans
LIC Jeevan Azad
LIC 1 Crore Endowment Plans
LIC Jeevan Labh 1 Crore
LIC Crorepati Plan
LIC Dhan Varsha - Plan No. 866
LIC Pension Plus Plan
LIC New Jeevan Shanti
LIC Bima Ratna
LIC Group Plans
LIC Fixed Deposit Monthly Income Plan
LIC Savings Plans
LIC’s New Jeevan Anand
LIC New Jeevan Anand Plan 915
LIC's Saral Jeevan Bima
LIC's Dhan Rekha
LIC Jeevan Labh 836
LIC Jeevan Jyoti Bima Yojana
LIC Child Plans Single Premium
LIC Child Plan Fixed Deposit
LIC Jeevan Akshay VII
LIC Yearly Plan
LIC Bima Jyoti (Plan 860)
LIC’s New Bima Bachat Plan 916
LIC Bachat Plus Plan 861
LIC Policy for Girl Child in India
LIC Samriddhi Plus
LIC New Janaraksha Plan
LIC Nivesh Plus
LIC Policy for Women 2024
LIC Plans for 15 years
LIC Jeevan Shree
LIC Jeevan Chhaya
LIC Jeevan Vriddhi
LIC Jeevan Saathi
LIC Jeevan Rekha
LIC Jeevan Pramukh
LIC Jeevan Dhara
LIC Money Plus
LIC Micro Bachat Policy
LIC Endowment Plus Plan
LIC Endowment Assurance Policy
LIC Bhagya Lakshmi Plan
LIC Bima Diamond
LIC Anmol Jeevan
LIC Bima Shree (Plan No. 948)
LIC Jeevan Saathi Plus
LIC Jeevan Shiromani Plan
LIC Annuity Plans
LIC Jeevan Akshay VII Plan
LIC SIIP Plan (Plan no. 852) 2024
LIC Jeevan Umang Plan
LIC Jeevan Shanti Plan
LIC Online Premium Payment
LIC Jeevan Labh Policy-936
LIC Money Plus Plan
LIC Komal Jeevan Plan
LIC Jeevan Tarang Plan
LIC Bima Bachat Plan
LIC’s New Money Back Plan-25 years
LIC Money Back Plan 20 years
LIC Limited Premium Endowment Plan
LIC Jeevan Rakshak Plan
LIC New Jeevan Anand (Previously LIC Plan 149)
LIC New Endowment Plan
LIC Varishtha Pension Bima Yojana
LIC Investment Plans
LIC Pension Plans
Show More Plans
LIC Calculator
  • One time
  • Monthly
/ Year
Sensex has given 10% return from 2010 - 2020
You invest
You get
View plans
top
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL