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Bima Lakshmi Calculator

Plan 881UIN: 512N389V01

Exclusively for women. Savings with guaranteed additions

Calculate Your Premium

Eligibility: 18 to 60 years

Minimum: ₹50,000 | Maximum: ₹5,00,000

View full plan details for Bima Lakshmi→
Estimated Premium

Annual Premium

₹7,875

GST-exempt (individual life cover)

Annual Premium

₹7,875

Sum Assured

₹50,000

Term

7 years

Total Premium

₹55,125

Add riders

Benefits at a Glance

Death Benefit

Sum Assured + bonuses

Maturity Benefit

Sum Assured + bonuses (after survival payouts)

Survival Benefit

Periodic survival benefits during the policy

Tax Benefits

  • Section 80C deduction on premiums
  • Maturity tax-free under 10(10D)
Official Premium Table(from LIC Sales Brochure)
Age7 yr10 yr12 yr15 yr
20 yrs₹31,200₹21,800₹18,200₹14,600
30 yrs₹31,500₹22,100₹18,500₹14,900
40 yrs₹32,800₹23,200₹19,600₹16,000
50 yrs₹35,500₹25,800₹22,000₹18,500

Annual premiums in Rs. for BSA of ₹2,00,000. Standard lives. Exclusive of taxes.

Mode Rebates: Yearly: 1.0 | Half-Yearly: 1.0180 | Qtr/Monthly: Quarterly: 1.0272, Monthly: 1.0332

High Sum Assured Rebate

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

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