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LIC's Bima Jyoti

Guaranteed additions, no market risk

A non-linked, non-participating plan that credits a fixed guaranteed addition for every completed policy year, so the maturity value is known in advance.

Who it suits: Conservative savers who want certainty rather than bonus estimates.

  • Endowment
  • Guaranteed additions, no market risk
  • Maturity Benefit

LIC plan reference: 960

LIC LIC's Bima Jyoti endowment plans illustration

Eligibility at a glance

Entry age
90 days to 60 years
Maturity age
Up to 75 years (plan dependent)
Sum assured
₹1,00,000 and above
Policy term
15 to 20 years
Premium modes
Yearly, half-yearly, quarterly, monthly (NACH) and salary savings scheme

Key benefits

  • Guaranteed addition of ₹50 per ₹1,000 sum assured each year
  • Maturity value known at the time of purchase
  • Death benefit of sum assured on death plus guaranteed additions
  • Limited premium paying term

Estimate your LIC's Bima Jyoti premium and maturity value

LIC Premium & Maturity Calculator

Estimates from publicly published LIC rate tables. Not a quotation.

Yearly premium
₹35,280
First instalment
₹35,280
Renewal instalment
₹35,280
Total outgo over the term
₹6,35,040
Estimated maturity value
₹10,10,000
Indicative surrender value (mid-term)
₹1,19,070
Get an exact LIC quotation

Figures exclude underwriting loading and high sum assured rebates. Bonus-linked maturity values are projections, not guarantees.

Want an exact LIC illustration?

Your estimate is ready. For an official quotation and a suitability discussion on LIC's Bima Jyoti:

This plan may not be ideal if…

  • You need the maximum possible life cover for the lowest premium — a term assurance plan does that better.
  • You may need the money back within the first few years; early surrender values are low.
  • You expect market-linked returns; participating LIC returns are steadier but more modest.
  • Your income is irregular and you cannot commit to the full premium paying term.

Frequently asked questions

Get advice on LIC's Bima Jyoti

Send your age and budget and you will get an official LIC quotation plus an honest view on whether this plan is the right fit.

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This page describes LIC's Bima Jyoti in our own words, based on LIC's published product literature. For the binding terms, always refer to the official policy document issued by Life Insurance Corporation of India.