🛡️ Table No. 914 • Endowment • Classic Choice
LIC New Endowment Plan Calculator
Classic Savings & Life Protection Plan. Check exact yearly, half-yearly, and monthly premiums with 2026 bonus estimations.
30 Years
₹ 5,00,000
LIC New Endowment Plan RETURNS
Projected Total Maturity / Payout
₹ 0
Total Premiums Paid (Over PPT)
Net Profit / Bonus Gain
₹ 0
1st Year Premium (+ 4.5% GST)
₹ 0
Renewal Premium (+ 2.25% GST)
₹ 0
Guaranteed Life Cover (Death Benefit)
₹ 0
Daily Savings Required
₹ 0/day
| Basic Sum Assured | ₹ 0 |
| Simple Reversionary Bonus (SRB) | ₹ 0 |
| Final Additional Bonus (FAB) | ₹ 0 |
| Guaranteed Additions (if applicable) | ₹ 0 |
| Periodic Survival Benefits Paid | ₹ 0 |
| Estimated Total Value | ₹ 0 |
RENEWAL PREMIUM IN ALL PAYMENT MODES
Yearly
₹ 0
+2.25% GST
Half-Yr
₹ 0
+2.25% GST
Quarterly
₹ 0
+2.25% GST
Monthly
₹ 0
+2.25% GST
Investment vs Returns Distribution
Life Cover & Surrender Value Accumulation
| Year | Age | Annual Premium | Cumulative Invested | Normal Life Cover | Accidental Cover | Surrender Value | Eligible Loan (90%) |
|---|
About LIC New Endowment Plan (Table No. 914)
A traditional participating endowment plan offering a balanced combination of protection and guaranteed savings.
Key Plan Highlights
- Flexible policy term from 12 to 35 years
- Simple reversionary bonus + Final Additional Bonus
- Comprehensive death benefit: Sum Assured on Death + accrued bonus
- Liquidity through policy loans
Eligibility Criteria
- Minimum Entry Age: 8 Years
- Maximum Entry Age: 55 Years
- Minimum Basic Sum Assured: ₹ 1,00,000
- Maximum Basic Sum Assured: No Upper Limit (subject to underwriting)
Tax Benefits & Liquidity
- Section 80C: Premiums eligible for tax deduction up to ₹1,50,000/year.
- Section 10(10D): 100% tax-free maturity and death claims.
- Policy Loan: Available after paying 2 full years of premiums.
- Surrender Value: Guaranteed surrender value acquires after 2 years.
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Helpful Policy Tools for this Plan
Estimate cash surrender values, loan eligibility, or compare side-by-side.
Frequently Asked Questions about LIC New Endowment Plan
Get quick answers to the most common questions regarding LIC New Endowment Plan (Table 914) premiums, bonus rates, and maturity.
Q1: What is the key benefit of LIC New Endowment Plan (Table 914)?
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Plan 914 is LIC's flagship traditional savings and protection plan offering maximum term flexibility from 12 to 35 years. It provides guaranteed financial support to the family upon death and a lump sum maturity on survival.
Q2: How is the maturity benefit calculated for Plan 914?
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The maturity benefit equals: Basic Sum Assured + Accrued Simple Reversionary Bonuses for the entire term + Final Additional Bonus (FAB) for policies running 15 years or longer.
Q3: Can I pay premiums monthly in New Endowment Plan?
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Yes. You can pay yearly (with a 2% discount), half-yearly (with a 1% discount), quarterly, or monthly via NACH / ECS bank mandate.
Q4: What riders can I add to New Endowment Plan?
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You can enhance your cover with the Accidental Death & Disability Benefit Rider (ADDB) and the LIC Term Assurance Rider for extra pure life cover.