LIC Dhan Rekha Calculator: Free Tool for Premiums & Money-Back Benefits

1. Introduction

The LIC Dhan Rekha calculator stands out as a free online tool. It lets users figure out insurance premiums and money-back benefits right away. This limited premium payment money-back plan delivers regular survival benefits. Life protection comes standard, along with guaranteed additions.

Forget trips to LIC branches or delays from agent quotes. The dhan rekha calculator pulls from official LIC premium rate tables for precise figures. Planning over 20, 30, or 40 years? This dhan rekha lic calculator offers full clarity on premiums, survival benefits, and maturity amounts with minimal effort.

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2. About the Plan - Key Details

Plan Overview: LIC Dhan Rekha (Plan 863) is a Non-Linked, Non-Participating, Individual, Savings, Life Insurance Plan.

Policy Terms: 20 years (PPT 10), 30 years (PPT 15), 40 years (PPT 20).

Sum Assured: Minimum Sum Assured is ₹2,00,000 (in multiples of ₹25,000).

Age Calculation: LIC applies the "Age Nearer Birthday" rule. Next birthday falls 6 months or less from the current date? Age rounds up by one year for premium purposes.

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3. Key Features & Benefits

Survival Benefits (Money Back): Periodic payouts as a percentage of Sum Assured (10%, 15%, or 20%) at fixed intervals during the policy term.

Maturity Benefits: Sum Assured + Accrued Guaranteed Additions.

Guaranteed Additions: ₹50 per ₹1000 SA from 6th to 20th year; ₹55 from 21st to 30th; ₹60 from 31st to 40th.

Death Benefits: 125% of Sum Assured or 7 times annual premium, plus accrued Guaranteed Additions.

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4. How to Use the Calculator

Step 1: Enter Date of Birth

The calculator form sits on the left side of the screen. Tap the "Date of Birth" field to bring up the calendar picker. Pick your birth date with care. The tool follows LIC's "Age Nearer Birthday" logic.

Step 2: Enter Sum Assured

Type your desired coverage into the "Sum Assured (₹)" field. Start at ₹2,00,000. Stick to multiples of ₹25,000.

Step 3: Select Policy Term

Pick from the dropdown: 20, 30, or 40 years. Premium paying term sets automatically.

Step 4: Select Premium Payment Mode

Opt for Yearly, Half-Yearly, Quarterly, or Monthly payments. The lic dhan rekha calculator tweaks amounts via mode factors.

Step 5: Click Calculate

Hit the blue "Calculate" button. Results load in seconds on the right. Expect annual premium, total premiums, survival benefit schedule with dates and figures, maturity breakdown, and death benefit details.