Settlement Option Calculator
Should you take your LIC maturity amount as a lump sum or in installments? Compare both options and decide what works best for you.
Disclaimer
This calculator provides indicative estimates only. The actual settlement option terms, interest rates, and installment amounts will be determined by LIC at the time of maturity. Interest rates may vary. Installment settlement is subject to LIC's terms and conditions. Please consult your LIC branch or insurance advisor for exact calculations. Tax implications may apply. consult your tax advisor.