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New Pension Plus Calculator

Plan 867UIN: 512L347V01

Unit-linked pension plan for building retirement corpus

Calculate Your Premium

Eligibility: 18 to 65 years

Minimum: ₹1,00,000

View full plan details for New Pension Plus→
Estimated Premium

Annual Premium

₹1,00,000

GST-exempt (individual life cover)

Annual Premium

₹1,00,000

Sum Assured

₹1,00,000

Term

10 years

Total Premium

₹10,00,000

Add riders

Benefits at a Glance

Death Benefit

Fund value returned to nominee

Maturity Benefit

Fund value used to purchase annuity

Tax Benefits

  • Section 80CCC deduction on premium
  • Pension is taxable as income
Official Premium Table(from LIC Sales Brochure)
Age10 yr15 yr20 yr25 yr
25 yrs₹1,00,000₹1,00,000₹1,00,000₹1,00,000
35 yrs₹1,00,000₹1,00,000₹1,00,000₹1,00,000
45 yrs₹1,00,000₹1,00,000₹1,00,000₹1,00,000

Annual premiums in Rs. for BSA of ₹1,00,000. Standard lives. Exclusive of taxes.

Mode Rebates: Yearly: ₹30,000 (Regular) | Half-Yearly: ₹16,000 | Qtr/Monthly: Quarterly: ₹9,000, Monthly: ₹3,000

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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