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Amritbaal Calculator

Plan 774UIN: 512N365V02

Build a guaranteed corpus for your child's education

Calculate Your Premium

Eligibility: 0 to 13 years

Minimum: ₹2,00,000

Estimated Premium

Annual Premium

₹35,800

GST-exempt (individual life cover)

Annual Premium

₹35,800

Sum Assured

₹2,00,000

Term

5 years

Total Premium

₹1,79,000

Add riders

Benefits at a Glance

Death Benefit

Sum Assured + guaranteed additions

Maturity Benefit

Sum Assured + guaranteed additions as lump sum

Tax Benefits

  • Section 80C deduction on premiums
  • Maturity tax-free under 10(10D)
Official Premium Table(from LIC Sales Brochure)
Age5 yr6 yr7 yr
0 yrs₹1,06,500₹89,900₹78,500
5 yrs₹99,625₹84,275₹73,625
10 yrs₹93,200₹78,800₹68,900
13 yrs₹89,500₹75,700₹66,200

Annual premiums in Rs. for BSA of ₹5,00,000. Standard lives. Exclusive of taxes.

Mode Rebates: Yearly: 1.0 | Half-Yearly: 0.5090 | Qtr/Monthly: Quarterly: 0.2568, Monthly: 0.0861

High Sum Assured Rebate

Sum Assured RangeRebate
₹2L to ₹5LNil
₹5L to ₹10L₹25 per ₹1,000 BSA
₹10L and above₹50 per ₹1,000 BSA

Important Disclaimer

These premium rates are indicative, sourced from official LIC Sales Brochures. Actual premiums may differ based on underwriting, medical examination, and other factors. Individual life insurance is GST-exempt since Sep 2025. Please consult your insurance advisor or nearest LIC branch for exact premium quotes before making any purchase decisions.

Last verified: 2026-03-21