LIC Jeevan Lakshya Plan 733 Calculator 2026

Calculate premium payment terms, accrued reversionary bonuses, child education income benefits, and XIRR returns for Plan 733. Updated for 2026.

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Jeevan Lakshya Parameters

Proposer's Age (उम्र)30 Years

18 Years50 Years

Policy Term (पॉलिसी अवधि)20 Years

13 Years25 Years

Premium paying term:17 Years (Term - 3)

Sum Assured (बीमा राशि)₹5,00,000

₹1,00,000₹50,00,000

🛡️ Premium Waiver benefit: If the parent (proposer) passes away during the term, all future premiums are waived, and the child receives ₹50,000/year until maturity, plus the full maturity payout at term end.

Returns & Benefits

Premium (17 Yrs)

₹23,826/Yr

Total Premiums Paid

₹3,87,600

Maturity Payout (Term End)

₹10.40 Lakh

XIRR Return

7.94%

Child Annual Income Benefit:₹50,000/Yr

*Paid annually to nominee starting the year after proposer's death, continuing until maturity date.

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LIC Jeevan Lakshya Calculator

Use this tool to calculate your estimated LIC Jeevan Lakshya child education benefits, maturity value, and premium waiver. This calculator requires JavaScript to function.

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What is the maturity amount of 5 Lakhs in LIC Jeevan Lakshya?

For a ₹5 Lakh Sum Assured under Jeevan Lakshya Plan 733 with a 20-year term (pay for 17 years), the annual premium is ₹25,800. On maturity, the policyholder receives ₹13,00,000. If the proposer passes away during the term, future premiums are waived, and the child gets ₹50,000/year until maturity, in addition to the ₹13 Lakh maturity payout.

LIC Jeevan Lakshya (Plan 733) — Historical Bonus Rates

Official LIC bonus rates declared per ₹1,000 Sum Assured.

LIC Jeevan Lakshya Plan 733 historical bonus rates table
Year	Reversionary Bonus Rate (per ₹1,000 SA)	Terminal Bonus Rate (per ₹1,000 SA)
2026	₹44 per ₹1,000	₹700 per ₹1,000
2025	₹44 per ₹1,000	₹700 per ₹1,000
2024	₹44 per ₹1,000	₹650 per ₹1,000
2023	₹42 per ₹1,000	₹600 per ₹1,000
2022	₹42 per ₹1,000	₹550 per ₹1,000

Why Jeevan Lakshya is the Perfect Child Security Plan

LIC Jeevan Lakshya Plan 733 is a participating, non-linked endowment plan. Its primary focus is securing child development goals. Unlike standard savings policies where death terminates the cover, Jeevan Lakshya actively pays out annual cash to support the child while preserving the final maturity lump sum.

The XIRR yield on this plan averages around **5.2% to 5.6%** tax-free. When combined with the high valuation of the built-in family protection and waiver benefits, it stands out as an excellent low-risk financial instrument for parents.

हिं

एलआईसी जीवन लक्ष्य प्लान 733 कैलकुलेटर — LIC Jeevan Lakshya in Hindi

एलआईसी जीवन लक्ष्य प्लान 733 (LIC Jeevan Lakshya Plan 733) को मुख्य रूप से 'कन्यादान पॉलिसी' या 'चाइल्ड एजुकेशन प्लान' के रूप में जाना जाता है।\n\nइस योजना का मुख्य लाभ इसका अंतर्निहित प्रीमियम वेवर बेनिफिट (PWB) है। यदि प्रस्तावक (पिता या माता) की पॉलिसी अवधि के दौरान मृत्यु हो जाती है, तो: (1) भविष्य के सभी प्रीमियम माफ हो जाते हैं, (2) बच्चे को परिपक्वता तक प्रति वर्ष सम एश्योर्ड का 10% (उदा. ₹5 लाख की पॉलिसी पर ₹50,000/वर्ष) मिलता है, और (3) मैच्युरिटी पर मिलने वाली पूरी ₹13 लाख की राशि भी पूर्ववत समय पर मिलती है।

LIC Plan-wise Bonus Rates 2026Read article →Jeevan Labh vs Jeevan Anand ComparisonRead article →

Frequently Asked Questions

Jeevan Lakshya is designed specifically to secure children's futures. It includes a Premium Waiver Benefit (PWB) and an Income Benefit. If the parent (proposer) dies during the policy term, the policy doesn't terminate: (1) All future premiums are waived, (2) LIC pays an annual income of 10% of the Sum Assured to the child until maturity, and (3) The full maturity amount (SA + bonuses) is paid at the end of the term as planned.

The premium paying term for Plan 733 is always the policy term minus 3 years. For example, if you choose a policy term of 20 years, you only pay premiums for 17 years. You pay no premiums in the final 3 years, but the policy compounds to maturity.

The entry age limit for the proposer (parent) is between 18 to 50 years. The child can be of any age, as the proposer is the main insured life. Policy terms range from 13 to 25 years.

The declared reversionary bonus rate for Plan 733 is ₹44 per ₹1,000 Sum Assured in 2026. This is consistent with traditional endowment plan declarations.

Yes, maturity benefits are completely exempt from income tax under Section 10(10D) as long as the annual premium does not exceed 10% of the Sum Assured. Standard post-April 2023 premium limits also apply.

Yes. Once the policy completes 2 full years of premium payments, policyholders can borrow up to 90% of the accrued surrender value at 9.5% p.a. interest.

Yes, you can add riders like the LIC Term Assurance Rider and Accidental Death & Disability Benefit Rider by paying a nominal extra premium at inception.

Yes. The premium results break down first-year premiums (4.5% GST) and subsequent years (2.25% GST) with accidental rider options.