About LicBaba
Free, accurate, plan-specific LIC calculators — built with trust for India.
Who We Are
LicBaba was founded by Vikram Ojha, a financial content specialist with extensive experience covering Indian insurance markets, IRDAI regulations, and LIC policy analysis. We saw a major gap in the Indian insurance space: while millions of Indians hold LIC policies, checking basic information like maturity values, surrender implications, and actual interest rates (XIRR) was surprisingly difficult. Our calculation methodologies are strictly reviewed against official LIC Annual Valuation Reports and IRDAI circulars.
We created LicBaba as a fast, clean, and completely independent resource where policyholders can calculate figures using verified historical bonus tables. Our platform is 100% free, requires no login or personal details, and performs all computations client-side for maximum privacy.
Independent Educational Platform
LicBaba.com is NOT affiliated with Life Insurance Corporation of India (LIC) or IRDAI. We are a private education portal dedicated to helping policyholders understand their savings yields.
Accurate Calculations & Verified Data
Our calculators use standard formulas recognized by financial professionals. The maturity calculator factors in both annual reversionary bonuses and final additional bonuses (terminal bonus) based on LIC's actual historical bonus declarations. The surrender calculator utilizes verified Guaranteed Surrender Value (GSV) factor tables, and our return calculators implement Newton-Raphson cash flow equations for exact XIRR yields. (Bonus rates strictly updated for 2026).
Expert Reviewers & E-E-A-T
Vikram Ojha
Lead Financial Reviewer & IRDAI Certified Advisor
With over 15 years of experience in the Indian life insurance sector, Vikram leads the algorithmic verification of all LicBaba calculators. He holds an active IRDAI license and specializes in endowment plan valuation and retirement planning. All calculators and guides are rigorously reviewed by Vikram to ensure they meet strict accuracy and compliance standards.
Your Data is 100% Secure
Privacy is our priority. Since all calculation scripts run directly inside your local web browser, we do not store, log, or track your premium details, sum assured values, or any financial parameters. You can calculate returns freely without fear of receiving spam calls or sales pitches.
Made with care in India 🇮🇳 — helping policyholders plan for tomorrow.