Endowment PlansPlan 760NRI Eligible

LIC Bima Jyoti

Name: LIC Bima Jyoti
Brand: Life Insurance Corporation of India
Availability: InStock
Rating: 4.6 (32 reviews)

Non-linked plan with guaranteed additions and flexible maturity payout

What is LIC Bima Jyoti?

LIC Bima Jyoti (Plan 760) is a endowment plans plan from Life Insurance Corporation of India. In simple terms: non-linked plan with guaranteed additions and flexible maturity payout.

Key Highlights

Guaranteed additions, returns fixed from day one

Choose lump sum or installment maturity payout

Limited premium paying term

No market risk

Benefits Explained Simply

If Something Happens to You (Death Benefit)

Sum Assured + guaranteed additions

When the Plan Matures (Maturity Benefit)

Sum Assured + guaranteed additions (lump sum or installments)

Eligibility & Details

Minimum Entry Age	18 years (completed)
Maximum Entry Age	60 years
Minimum Sum Assured	₹1,00,000
Policy Term	15, 18, 20, 22 years
Premium Paying Term	10, 12, 15, 17 years
Bonus Type	guaranteed
Risk Level	low
NRI Eligible	Yes

Tax Benefits

Section 80C deduction on premiums
Maturity tax-free under 10(10D)

Premium Rates (Indicative)

Age	10 years	15 years	20 years	25 years
20 yrs	₹52,650	₹34,150	₹24,900	₹19,500
30 yrs	₹53,100	₹34,550	₹25,350	₹19,950
40 yrs	₹54,750	₹36,000	₹26,800	₹21,400
50 yrs	₹58,200	₹39,000	₹29,800	-

Annual premiums in ₹ for BSA of ₹5 lakh. Non-par, guaranteed additions plan. Exclusive of taxes.

Source: LIC Official Sales Brochure | Data last verified: 21 March 2026

Example: What You Could Get

If a 30-year-old buys this plan with ₹10 lakh sum assured, 15-year term:

Annual Premium

₹69,100

Total Paid (15 yrs)

₹10,36,500

Est. Bonuses

₹6,75,000

Est. Maturity

₹16,75,000

That's approximately 1.6x of what you paid in premiums.

Maturity Benefit Illustration

Estimated

What you pay vs what you could receive (conservative estimate with assumed bonus rate of ~Rs.48-60 per Rs.1,000 SA per year)

Age 25297% return

You Pay: 3.73 L

You Get: 11.10 L

Age 30292% return

You Pay: 3.80 L

You Get: 11.10 L

Age 35292% return

You Pay: 3.80 L

You Get: 11.10 L

Age 40276% return

You Pay: 4.02 L

You Get: 11.10 L

Entry Age	Annual Premium	Total You Pay	Est. Maturity	Return
25 yrs	₹24,900	3.73 L	11.10 L	297%
30 yrs	₹25,350	3.80 L	11.10 L	292%
35 yrs	₹25,350	3.80 L	11.10 L	292%
40 yrs	₹26,800	4.02 L	11.10 L	276%

Sum Assured: ₹5,00,000 | Term: 20years | Bonus assumption: ~Rs.48-60 per Rs.1,000 SA per year (conservative). Actual maturity depends on LIC's declared bonus rates. This is for illustration only. Please consult your insurance advisor for accurate projections.

Who is This Plan Best For?

guaranteed returnssavingsretirement planning

Frequently Asked Questions

What is LIC Bima Jyoti (Plan 760)?

LIC Bima Jyoti is a endowment plans plan from Life Insurance Corporation of India. Non-linked plan with guaranteed additions and flexible maturity payout.

What is the eligibility age for LIC Bima Jyoti?

Entry age is between 18 and 60 years. Policy term: 15 to 22 years. Premium paying term: 10 to 17 years.

What is the minimum sum assured for LIC Bima Jyoti?

Minimum sum assured is ₹1,00,000. There is no upper limit on sum assured.

What are the tax benefits of LIC Bima Jyoti?

Section 80C deduction on premiums. Maturity tax-free under 10(10D).

Is LIC Bima Jyoti available for NRIs?

Yes. LIC Bima Jyoti is available to Non-Resident Indians. NRIs can buy this plan during a visit to India or through power of attorney.

What happens if I stop paying premiums on LIC Bima Jyoti?

If you stop paying premiums before 3 years, the policy lapses and you lose all benefits. After 3 years of premium payments, the policy acquires a paid-up value and you receive a reduced sum assured. You can also revive a lapsed policy within 5 years by paying outstanding premiums plus interest.

The information above is for educational purposes only. Actual premiums, benefits, and terms are as per LIC of India. For official and complete details, visit licindia.in.

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