LIC Bonus Rates 2016-17 | Annual Bonus Rates of LIC Policy

LIC Bonus Rates

Looking for LIC Bonus Rates 2016-17? Here is an updated and latest LIC bonus rate. As you know this year, 2016-17 is 60th anniversary of Life Insurance Corporation of India (LIC), and the reason they have also given additional one time Diamond Jubilee Bonus, which is additional to regular bonus of LA and FAB. Below we have mentioned policy wise and year wise LIC bonus for the current year.

What is LIC Bonus?

There are some LIC policies like money back plans or Endowment plans or term plans where people get return on their investment. And the return is only counted as bonus rates. So, every year LIC declares Bonus rates, and upon the bonus rates, you get your investment return.

LIC Bonus RatesIf your policy also comes with suffix of “with profit”, than congrats, you are also eligible for LIC Annual Bonus. Below are criteria upon which the LIC Bonus Rates are dependent;

  • Bonus always declared on Sum assured, don’t count it on premium amount.
  • Bonus may vary from plan and term of the policy.
  • During the financial year, LIC release investment experience and surpluses generated, at the end of the year.

LIC Bonus Rates 2016-17

Below is list of bonus rates of LIC for the current financial year. Also, do check another table below this table which mention Diamond Jubilee Bonus (one time) for this year.

Plan Name Policy Terms (in years) Bonus Rate at Rs.1000 Sum assured
New Endowment Plan (814) 12 to 15 38
16 to 20 42
>20 48
Single premium Endowment Plan 817 10 to 15 41
16 to 20 46
>20 51
Money Back Assurance Plan(75 -93) 20 39
25 44
Jeevan Surabhi (106,107,108) 15 34
20 41
25 50
Jeevan Mithra (double Cover and Jeevan Saathi (88-89) 15 40
16 to 20 44
>20 48
Jeevan Mithra (Triple cover, 133) <16 40
16 – 20 45
> 50
Limited Payment Endowment  Plan 48 <16 40
16-20 44
>20 49
Jeevan Anand 149 <11 38
11-15 41
16-20 45
>20 49
New Jeevan Anand 815 15 41
16-20 45
>20 49
Jeevan Rekha Plan 152 <11 49
11-15 44
16-20 40
>20 34
Jeevan Anurag plan 168 <11 38
11-15 40
16-20 42
>20 44
Jeevan suraksha – 1 147 <6 21
6-10 27
11-15 31
>15 35
Jeevan Dhara – 1 148 <6 20
6-10 25
11-15 28
>15 32
Jeevan Tarang Plan 178 10 47
15 48
20 49
Jeevan Madhur Plan 182 <11 21
11-15 26
Child Career Plan 184 11-15 34
16-20 38
>20 40
Child future plan 185 11-15 38
16-20 42
>20 44
Jeevan Bharti Plan 160 15 38
20 40
Jeevan Shree – I 162 10 45
15 46
20 49
25 53
Jeevan Nidhi 169 <11 40
11-15 42
16-20 44
>20 46
Jeevan Pramukh 167 10 49
15 50
20 53
25 57
Jeevan amirt (186) 10-15 32
16-20 32
>20 32
Jeevan Bharti Plan 192 15 29
20 31
Life time Plans (2,5,6,8,,10,28,35,36,09,37,38,77,78,85,86   70
Endowrnerit Plan 14,17,27,28,34,39,40,41,42,50,79,80,81,
84,90,91,92,95,101,102,103,109,110,121
<11 34
11-15 38
16-20 42
>20 48

Those are the regular bonus rates of LIC for each policy on term year wise, now check out the LIC Diamond Jubilee Bonus for this year only.

LIC Diamond Jubilee Bonus

Policy commencing during the period Onetime bonus on Sum assured Rs.1000
1st april,2011 to 31st March, 2016 5
1st april,2006 to 31st March, 2011 10
1st april,2001 to 31st March, 2006 15
1st april,1996 to 31st March, 2001 25
1st april,1991 to 31st March, 1996 35
1st april,1986 to 31st March, 1991 45
Up to 31st March, 1986 60

How to calculate of LIC Bonus Rate of your policy?

Its quite easy to read the above table. Lets take a live example, so you can calculate it better. For example, if you have bought LIC Jeevan Anand 149 for 15 years of Term. Your Sum assured is Rs.3,00,000. In that case, your bonus will be Rs.12,300 ((Sum assured/1000) *41), where 41 is bonus declared by LIC on Jeevan Anand.

Hope this will clear all your doubts regarding LIC Bonus rates. For more updates on LIC Agents Commission, LIC Term Plans or any other LIC information, keep visiting us.

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LIC Bonus Rates 2016-17 | Annual Bonus Rates of LIC Policy
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LIC Bonus Rates 2016-17 | Annual Bonus Rates of LIC Policy
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Are you Looking for Latest LIC Bonus Rate? Here is Bonus Rates for LIC policy, term and policy name wise. Do checkout LIC Bonus Rate 2016-17 here.
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