Prices Increasing soon Prices Increasing Soon

RPLI Calculator 2024: RPLI Maturity and Premium Calculator

The rural postal life insurance (RPLI) calculator is an online tool that allows users to calculate the required life cover (sum assured) at low premium rates to avail of the RPLI plan benefits. This helps RPLI insurance buyers to make an informed financial decision. RPLI calculator is easily accessible online, less time-consuming and user-friendly. 

Read more
Gets ₹1 Cr. Life Cover at just
COVID-19 Covered
The Policybazaar Advantage
Dedicated claim support for family FREE
Upto 10% discount for buying online
Only certified experts will call you on 100% recorded lines
We are rated~
rating
6.7 Crore
Registered Consumers
51
Insurance Partners
3.4 Crore
Policies Sold

#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply

By clicking on "View plans" you agree to our Privacy Policy and Terms of use

~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from ₹384/month+
+91
Secure
We don’t spam
Check Your Premium Now
Please wait. We Are Processing..
Get Updates on WhatsApp
The Policybazaar Advantage
Policybazaar Advantage Icon
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
Policybazaar Advantage Icon
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Policybazaar Advantage Icon
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Policybazaar Advantage Icon
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Policybazaar Advantage Icon
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

What is the RPLI Premium Calculator?

The RPLI premium calculator is an online tool that calculates premiums payable against the sum assured under a policy. The tool can be used multiple times to recalculate premium rates by changing policy features, policy terms, premium payment, sum assured, etc. This ensures that the policyholder gets to the right life insurance that fits her/his needs and budget. The RPLI premium calculator is available online on India Posts’ official website and the Department of Posts mobile application, Post info. 

Before understanding the RPLI calculator, let’s discuss what is Rural Postal Life Insurance (RPLI): 

one crore term plan
plus

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 16/day+

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day+

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day+

What is Rural Postal Life Insurance?

Rural postal life insurance (RPLI) schemes were, was introduced in 2005 by the Government of India, is an insurance scheme that is specifically designed for the people living in the rural regions of India. 1995 to enhance insurance coverage in rural areas of the country. The main objective of this RPLI scheme is to provide insurance coverage to the rural public and benefit the weaker sections and female workers of rural regions. 

Currently, the RPLI portfolio comprises of 6 insurance plans serving different needs of the customer requirements. These are as follows:

  • Gram Suraksha - Whole life assurance scheme

  • Gram Suvidha - Convertible whole life assurance policy

  • Gram Santosh - Traditional endowment assurance plan

  • Gram Priya - 10 Years Rural Postal Life Insurance

  • Gram Sumangal - Anticipated Endowment Assurance Money-back policy

  • Bal Jeevan Bima - Life insurance for children

What are the Key Features and Benefits of Using an RPLI Calculator?

Here is a list of key features and benefits of using the rural postal life insurance calculator online:

  • Estimate Premiums: The RPLI calculator allows you to accurately calculate your estimated premiums online in just a few minutes. 

  • Easy to Use: The rural postal life insurance calculator is simple and easy to use as this online tool is available 24x7 from the comfort of your home.

  • Cost-effective: The RPLI Calculator is freely available online and offers correct results no matter how many times you use it.

  • Flexible: The rural postal life insurance calculator is flexible and thus, you can alter the life cover or policy term to find a plan that fits within your budget.

one crore term plan

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @ ₹449/month+

Get an online discount of upto 10%+

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

How To Use The Rural Postal Life Insurance Calculator?

You can use the RPLI calculator to calculate rural postal life insurance online through the website of India Post. Follow the guide below if you are looking to purchase any of the 6 RPLI schemes discussed above. 

Step 1: Visit the India Post’s official page

Step 2: Click on the Rural Postal life insurance option and click on OK when directed to the external link

Step 3: Under the tab Purchase a Policy, click on Quote. 

Step 4: Fill in the required contact details, DOB, product type (RPLI in this case), sum assured, occupation, gender, state of residence, and the name of the insurance scheme. 

Step 5: Fill in the image captcha and click on Get Quote. 

Step 6: The resulting page offers monthly, quarterly, half-yearly, and yearly premium quotes. 

Alternatively, you can download the Post info application on your device and use the premium calculator available on the platform. Once you are satisfied with the premium displayed, you can proceed to buy the policy. 

How What is an Example for Rural Postal Life Insurance Calculator Works?

Let us understand how the RPLI calculator works with the help of an example:

Suppose Suresh wants to buy rural postal life insurance to secure his family's financial stability. If she wishes to buy Gram Santosh for a 50,000 sum assured with 40 years as his maturity age. By entering the above details into the rural postal life insurance calculator, he can easily assess the premiums applicable for different modes. 

What is the RPLI Maturity Calculator?

Similarly like, term insurance plan, on surviving the policy term of an RPLI policy, the life assured can claim the maturity benefit amount. The sum assured on maturity is decided by the buyer at the time of policy inception based on his/her requirements. Given that the bonus rate for the policies keeps on changing, RPLI maturity calculation will not be accurate. However, once buyers have fixed the sum assured amount, they can keep track of the latest bonus rates and calculate the final maturity amount themselves. The bonus rates are usually declared at a rate per 1000 sum assured. 

Apart from the maturity benefit, the RPLI surrender value calculation can also be done by the policyholders themselves based on the year of surrendering and the RPLI policy’s terms and conditions. You should note that RPLI policies do not offer the bonus amount if the policy is surrendered before the completion of 5 policy years. 

What is the RPLI Maturity Calculator Amount in 2024?

The maturity amount for RPLI policies is different for each plan as the life cover and premium payment option, and other such policy details may be different for various RPLI policies. You can calculate the RPLI calculator maturity amount using the RPLI maturity calculator to get a better idea of the maturity amount you would be eligible to receive in the year 2024. 

Also, the RPLI policies with the endowment benefit can be used with Premium Tables offered for the specific RPLI schemes to determine the maturity benefits. This can be easily accessed using the following steps: 

How to Assess the Rural Postal Life Insurance Calculator Premium Tables?

To assess the RPLI calculator you need to:

Step 1: Visit the Rural postal life insurance webpage

Step 2: Select the Premium Table option

Step 3: Click to view the Premium table for the desired Rural postal life insurance policy

Step 4: The maturity benefits (if any) will be mentioned in the payout section

Why Should You Use The RPLI Calculator?

Let us take a look at why you should use the rural postal life insurance calculator or the RPLI maturity calculator:

  • It helps in your financial decision-making. 

  • The RPLI calculator lets you customize coverage to fit your budget. 

  • The premium quotes are calculated in an instant.

  • The tool is free and can be used as many times as one wants. 

  • The rural postal life insurance calculator displays premiums payable monthly, quarterly, half-yearly, and annually. 

  • The RPLI calculator eliminates third-party involvement, thereby reducing the risk of misselling.

What are the Factors Considered By The RPLI Calculator?

  • Age of the policyholder 

  • Name of the policy

  • Chosen policy term

  • Sum assured

  • Premium ceasing age

Wrapping it Up!

RPLI calculator is an online tool that is available free of cost and is easy to use. With the RPLI premium calculator, you can calculate the approximate premiums you would need to pay for the desired life cover, whereas the RPLI maturity calculator allows you to estimate the expected maturity amount at the end of the policy term. Using the RPLI calculator, you can find the right plan for yourself that fits within your budget and provides suitable returns.

FAqs

  • Q: How can I check my RPLI policy status?

    Ans: You can check your RPLI policy status by calling on the company’s toll free number 1800 180 5232 / 155232.
  • Q: Which is the best RPLI policy?

    Ans: The best RPLI policy depends on a person’s individual needs. You can assess your requirements and applicable premiums using the RPLI calculator and select the most suitable RPLI policy for you and your family.
  • Q: What is the benefit of buying an RPLI policy in 2024?

    Ans: The benefit of buying an RPLI policy in 2024 is that it provides financial security to your loved ones during an eventuality. These plans offer loan benefits and large bonuses at low premiums and provide 100% security as the Government offers them. You can use the RPLI calculator to estimate the premiums you must pay for the required life cover.
  • Q: How can I calculate the RPLI maturity benefits?

    Ans: You can calculate the maturity benefits offered by RPLI plans using the RPLI maturity calculator. All you need to do is submit details like the sum assured, the age at the time of buying the policy, the policy's name, and the assured's maturity age.
  • Q: How is the bonus of RPLI calculated?

    Ans: The bonus of RPLI is calculated every year by the insurer. They declare the bonus applicable for every 1000 of the sum assured. For example, RPLI declared a bonus of Rs. 48 per 1000 of the sum assured per annum. You can also use the RPLI maturity calculator to get an estimate of the maturity amount you would be eligible to receive at the end of the policy term.
  • Q: What is the RPLI policy interest rate?

    Ans: The current applicable RPLI interest rate is 10%, payable every six months.
Premium By Age

Life-insurance articles

  • Recent Article
  • Popular Articles
12 Apr 2024

Here’s why the Cheapest Life Insurance May Not Always Be...

When it comes to life insurance, finding the most affordable

Read more
12 Apr 2024

Life Insurance for Couples - A Complete Guide

Life insurance plays a crucial role in safeguarding married

Read more
11 Apr 2024

Government Term Insurance Schemes 2024

The Government of India is committed to the welfare and

Read more
11 Apr 2024

Regulatory Measures By IRDAI

In recent years, the Insurance Regulatory and Development

Read more
09 Apr 2024

Government Life Insurance Schemes

The Indian Government offers various life insurance schemes

Read more
08 Oct 2018

ULIP Calculator

A ULIP Calculator is a financial tool designed to help you compare ULIP plans and estimate the maturity amount

Read more
29 Apr 2022

Top 12 Government Schemes for Girl Child

Top 12 Government Schemes for Girl Child Government schemes for the girl child are a vital aspect of social welfare

Read more
04 Apr 2014

20 Best Investment Options in India in 2024

There are many financial products available in the market with different investment objectives. Choosing the best

Read more
28 Jan 2022

Best NRE Savings Accounts for NRIs in 2024

India is a growing economy and is getting a lot of global recognition these days. It has shown immense growth in

Read more
top
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL