LIC Bima Ratna Plan 764 Calculator 2026 — Money Back Returns

Investing in LIC Bima Ratna Plan 764 can be a great way to secure your financial future, with the plan offering a combination of life insurance and investment components, it is essential to use the LIC Bima Ratna 764 calculator to plan your investments

In India, 2026, investing in life insurance plans can be a practical way to secure your financial future, with many plans offering a combination of life insurance and investment components, the LIC Bima Ratna Plan 764 is one such plan that offers money back returns, to calculate these returns, it is essential to use the LIC Bima Ratna 764 calculator, which can help you plan your investments wisely, the plan offers a bonus rate of ₹50 per ₹1,000 sum assured, and the premium can be paid in yearly, half-yearly, quarterly, or monthly installments, with a minimum sum assured of ₹2 lakhs and a maximum sum assured of ₹1 crore

The LIC Bima Ratna Plan 764 is a money back plan that offers a combination of life insurance and investment components, the plan offers a death benefit, which is the sum assured plus the accrued bonus, the plan also offers a maturity benefit, which is the sum assured plus the accrued bonus, the plan offers a bonus rate of ₹50 per ₹1,000 sum assured, and the premium can be paid in yearly, half-yearly, quarterly, or monthly installments, with a minimum sum assured of ₹2 lakhs and a maximum sum assured of ₹1 crore, the plan also offers a loan facility, where the policyholder can take a loan against the policy, the interest rate on the loan is 9% per annum, the plan also offers a surrender value, which is 30% of the total premium paid, the plan is suitable for individuals who want to invest in a life insurance plan that offers a combination of life insurance and investment components

How to Calculate Money Back Returns with LIC Bima Ratna 764 Calculator

To calculate the money back returns with the LIC Bima Ratna 764 calculator, you need to enter the sum assured, premium, and policy term, the calculator will then calculate the death benefit, maturity benefit, and bonus rate, the calculator will also calculate the XIRR return, which is the internal rate of return of the investment, for example, if you invest ₹1 lakh in the plan for 20 years, with a sum assured of ₹5 lakhs, and a premium of ₹50,000 per year, the calculator will calculate the death benefit, maturity benefit, and bonus rate, the calculator will also calculate the XIRR return, which is around 6-7%, the plan offers a higher return compared to fixed deposits, which offer around 5-6% return, however, the plan is riskier compared to fixed deposits, as the returns are not guaranteed

• The plan offers a combination of life insurance and investment components
• The plan offers a bonus rate of ₹50 per ₹1,000 sum assured
• The plan offers a loan facility, where the policyholder can take a loan against the policy

Comparison with Other Investment Options

The LIC Bima Ratna Plan 764 can be compared with other investment options, such as fixed deposits, public provident fund, and term insurance, the plan offers a higher return compared to fixed deposits, which offer around 5-6% return, however, the plan is riskier compared to fixed deposits, as the returns are not guaranteed, the plan can also be compared with public provident fund, which offers a return of around 7-8%, however, the plan offers a combination of life insurance and investment components, which is not offered by public provident fund, the plan can also be compared with term insurance, which offers a higher return compared to the plan, however, the plan offers a combination of life insurance and investment components, which is not offered by term insurance, for example, if you invest ₹1 lakh in the plan for 20 years, with a sum assured of ₹5 lakhs, and a premium of ₹50,000 per year, the plan will offer a return of around 6-7%, which is higher compared to fixed deposits, but lower compared to public provident fund and term insurance

• The plan offers a higher return compared to fixed deposits
• The plan offers a combination of life insurance and investment components
• The plan is riskier compared to fixed deposits, as the returns are not guaranteed

Benefits of LIC Bima Ratna Plan 764

The LIC Bima Ratna Plan 764 offers several benefits, including a combination of life insurance and investment components, the plan offers a death benefit, which is the sum assured plus the accrued bonus, the plan also offers a maturity benefit, which is the sum assured plus the accrued bonus, the plan offers a bonus rate of ₹50 per ₹1,000 sum assured, and the premium can be paid in yearly, half-yearly, quarterly, or monthly installments, with a minimum sum assured of ₹2 lakhs and a maximum sum assured of ₹1 crore, the plan also offers a loan facility, where the policyholder can take a loan against the policy, the interest rate on the loan is 9% per annum, the plan also offers a surrender value, which is 30% of the total premium paid, the plan is suitable for individuals who want to invest in a life insurance plan that offers a combination of life insurance and investment components, the plan is also suitable for individuals who want to save tax, as the premium paid is eligible for tax deduction under section 80C of the Income Tax Act, the plan is also suitable for individuals who want to create a corpus for their retirement, as the plan offers a maturity benefit, which can be used to create a corpus for retirement

• The plan offers a combination of life insurance and investment components
• The plan offers a death benefit, which is the sum assured plus the accrued bonus
• The plan offers a maturity benefit, which is the sum assured plus the accrued bonus

How to Use the LIC Bima Ratna 764 Calculator

To use the LIC Bima Ratna 764 calculator, you need to enter the sum assured, premium, and policy term, the calculator will then calculate the death benefit, maturity benefit, and bonus rate, the calculator will also calculate the XIRR return, which is the internal rate of return of the investment, for example, if you invest ₹1 lakh in the plan for 20 years, with a sum assured of ₹5 lakhs, and a premium of ₹50,000 per year, the calculator will calculate the death benefit, maturity benefit, and bonus rate, the calculator will also calculate the XIRR return, which is around 6-7%, the plan offers a higher return compared to fixed deposits, which offer around 5-6% return, however, the plan is riskier compared to fixed deposits, as the returns are not guaranteed, to use the calculator, you need to follow these steps, first, enter the sum assured, which is the amount of life insurance coverage you want, second, enter the premium, which is the amount you need to pay for the life insurance coverage, third, enter the policy term, which is the duration of the life insurance coverage, fourth, click on the calculate button, and the calculator will calculate the death benefit, maturity benefit, and bonus rate, the calculator will also calculate the XIRR return, which is the internal rate of return of the investment

• Enter the sum assured, which is the amount of life insurance coverage you want
• Enter the premium, which is the amount you need to pay for the life insurance coverage
• Enter the policy term, which is the duration of the life insurance coverage

Conclusion

In conclusion, the LIC Bima Ratna Plan 764 is a money back plan that offers a combination of life insurance and investment components, the plan offers a death benefit, which is the sum assured plus the accrued bonus, the plan also offers a maturity benefit, which is the sum assured plus the accrued bonus, the plan offers a bonus rate of ₹50 per ₹1,000 sum assured, and the premium can be paid in yearly, half-yearly, quarterly, or monthly installments, with a minimum sum assured of ₹2 lakhs and a maximum sum assured of ₹1 crore, the plan also offers a loan facility, where the policyholder can take a loan against the policy, the interest rate on the loan is 9% per annum, the plan also offers a surrender value, which is 30% of the total premium paid, the plan is suitable for individuals who want to invest in a life insurance plan that offers a combination of life insurance and investment components, the plan is also suitable for individuals who want to save tax, as the premium paid is eligible for tax deduction under section 80C of the Income Tax Act, the plan is also suitable for individuals who want to create a corpus for their retirement, as the plan offers a maturity benefit, which can be used to create a corpus for retirement, to calculate the money back returns, it is essential to use the LIC Bima Ratna 764 calculator, which can help you plan your investments wisely

Summary of LIC Bima Ratna Plan 764