| Year | Premiums Paid (₹) | GSV % | Surrender Value (₹) | Status |
|---|
LIC Jeevan Saral Plan 165 Calculator – Maturity Value, Loyalty Addition & Surrender Value
Still wondering how much your LIC Jeevan Saral Plan 165 will return at maturity? You’re not alone. Millions of policyholders across India are searching for the Jeevan Saral maturity calculator every day — and this is the most accurate one you’ll find online.
The LIC Jeevan Saral Plan 165 Calculator above gives you your exact Jeevan Saral maturity amount, Loyalty Additions, death benefit, and surrender value — all based on LIC’s official sales brochure figures. No guesswork. No outdated charts. Just real numbers in seconds.
Scroll up to use the calculator, or read on to understand exactly how Jeevan Saral (Plan 165) works, what maturity formula LIC uses, and what your policy is actually worth today.
What Is LIC Jeevan Saral (Plan 165)?
LIC’s Jeevan Saral (Plan-165) was a unique with-profits endowment plan — one of LIC’s most flexible savings-cum-insurance products. Unlike standard LIC plans where death cover equals a fixed sum assured, Jeevan Saral calculated your death benefit as 250 times your monthly premium. This gave policyholders significantly higher life cover for the same investment.
The plan also offered Loyalty Additions — a non-guaranteed bonus declared by LIC based on the corporation’s overall performance. These additions are what push your Jeevan Saral maturity amount well above what you paid in premiums.
LIC has since withdrawn Plan 165 for new business. But crores of policies are still active — which is exactly why the LIC Jeevan Saral Plan 165 maturity calculator online sees such high demand every single day.
LIC Jeevan Saral Plan 165 – Key Details at a Glance
| Parameter | Details |
|---|---|
| Plan Name | LIC Jeevan Saral (With Profits) |
| LIC Table Number | 165 |
| Plan Type | With-Profits Endowment (Withdrawn) |
| Minimum Entry Age | 12 years (completed) |
| Maximum Entry Age | 60 years (nearest birthday) |
| Maximum Maturity Age | 70 years |
| Policy Term | 10 to 35 years (all terms) |
| Min Monthly Premium (Age ≤49) | ₹250 per month |
| Min Monthly Premium (Age 50+) | ₹400 per month |
| Maximum Monthly Premium | ₹10,000 per month |
| Premium Multiples | In multiples of ₹50 |
| Premium Modes | Monthly (SSS), Quarterly, Half-Yearly, Yearly |
| Death Benefit | 250× Monthly Premium + Return of Premiums + LA |
| Maturity Benefit | Maturity Sum Assured + Loyalty Additions |
| Loan Available | Yes (after paid-up value acquired) |
| Partial Surrender | From 4th year onwards |
How to Use the LIC Jeevan Saral Plan 165 Maturity Calculator
Our Jeevan Saral (Plan-165) maturity calculator is built on LIC’s official Maturity Sum Assured (MSA) table from the original sales brochure — so results are as accurate as possible. Here’s how to use it:
- Entry Age — Enter your age when you originally took the policy (12 to 60 years)
- Policy Term — Enter the number of years for your policy (10 to 35 years). Note: Age + Term cannot exceed 70.
- Monthly Premium — Enter your monthly premium amount (minimum ₹250 for age ≤49, ₹400 for age 50+, in multiples of ₹50)
- Payment Frequency — Select Monthly, Quarterly, Half-Yearly, or Yearly. Mode rebate of 2% (yearly) or 1% (half-yearly) is applied automatically
- Click Calculate — Instantly get your Maturity Value, Death Benefit, Surrender Value, and year-wise breakdown
LIC Jeevan Saral Plan 165 Maturity Value Formula – Explained Simply
The Jeevan Saral plan 165 maturity value calculator uses two official components to arrive at your final payout. Here’s the exact formula from LIC’s sales brochure:
📐 Maturity Value Formula
Maturity Value = Maturity Sum Assured (MSA) + Loyalty Additions (LA)
Where MSA = (Your Monthly Premium ÷ ₹100) × MSA Rate from LIC’s official table (varies by entry age and policy term)
Official LIC Maturity Sum Assured Table (Per ₹100 Monthly Premium)
This is LIC’s official MSA table from the Jeevan Saral sales brochure (Section 3.3). This is exactly what the LIC table no 165 maturity calculator uses:
| Entry Age | 10 Years Term | 15 Years Term | 20 Years Term | 25 Years Term |
|---|---|---|---|---|
| 20 years | ₹11,156 | ₹19,628 | ₹28,039 | ₹36,839 |
| 30 years | ₹11,053 | ₹19,300 | ₹27,345 | ₹35,492 |
| 40 years | ₹10,431 | ₹17,839 | ₹24,598 | ₹30,854 |
| 50 years | ₹8,442 | ₹13,444 | ₹16,164 | — (N/A) |
Source: LIC Jeevan Saral Official Sales Brochure, Section 3.3. MSA values for ages and terms not shown are interpolated linearly by the calculator.
Death Benefit Formula – Jeevan Saral Plan 165
🛡️ Death Benefit Formula
Death Benefit = (250 × Monthly Premium) + Return of Premiums Paid + Loyalty Additions
“Return of premiums” excludes first year premiums and any extra/rider premiums (LIC Brochure, Section 3.1). Loyalty Additions are included if the policy has been in force for the required period.
This formula is what makes Jeevan Saral Plan 165 stand apart — for a ₹1,000/month premium, basic death cover alone is ₹2,50,000. Add back all your premiums (minus Year 1) plus Loyalty Additions — and the total death benefit is substantially higher.
Jeevan Saral Plan 165 Loyalty Additions – Rates & Full Details
Loyalty Additions are the key reason the LIC Jeevan Saral Plan 165 maturity calculator with loyalty addition differs from a simple premium-return estimate. Here’s everything you need to know:
- Loyalty Additions are declared by LIC based on the corporation’s annual valuation results
- Minimum policy term to earn Loyalty Additions: 10 years (Section 8 of brochure)
- They are payable on maturity, death, and surrender
- They are not guaranteed — subject to LIC’s investment performance each year
- LA are calculated per ₹1,000 of your Maturity Sum Assured
Indicative Loyalty Addition Rates for LIC Jeevan Saral Plan 165
| Policy Term | Entry Age Up to 30 Yrs | Entry Age 31–40 Yrs | Entry Age 41–50 Yrs |
|---|---|---|---|
| 10 years | ₹55 per ₹1000 MSA | ₹50 per ₹1000 MSA | ₹40 per ₹1000 MSA |
| 15 years | ₹85 per ₹1000 MSA | ₹75 per ₹1000 MSA | ₹65 per ₹1000 MSA |
| 20 years | ₹125 per ₹1000 MSA | ₹110 per ₹1000 MSA | ₹95 per ₹1000 MSA |
| 25+ years | ₹175 per ₹1000 MSA | ₹155 per ₹1000 MSA | ₹130 per ₹1000 MSA |
Jeevan Saral Plan 165 Maturity Amount – Real Calculation Examples
Numbers make everything clearer. Here are real-life examples using the official LIC MSA table — the same data the Jeevan Saral plan 165 maturity calculator uses:
Example 1 — Age 30, Term 20 Years, ₹1,000/Month
| Component | Amount |
|---|---|
| Monthly Premium | ₹1,000 |
| Total Premiums Paid (20 yrs) | ₹2,40,000 |
| MSA per ₹100 (Age 30, 20 yrs) | ₹27,345 |
| Maturity Sum Assured | ₹2,73,450 |
| Loyalty Additions (₹110/₹1000 MSA) | ₹30,080 |
| Total Maturity Value | ₹3,03,530 |
| Basic Death Cover (250×₹1000) | ₹2,50,000 |
Example 2 — Age 35, Term 30 Years, ₹400/Month (Brochure Example)
This is the exact example from LIC’s official Jeevan Saral brochure (Section 12.2):
| Component | Amount |
|---|---|
| Monthly Premium | ₹400 |
| Total Premiums Paid (30 yrs) | ₹1,44,000 |
| Maturity Sum Assured (official) | ₹1,62,416 |
| Loyalty Additions (Scenario 1 – 6% return) | ₹76,480 |
| Loyalty Additions (Scenario 2 – 10% return) | ₹3,00,000 |
| Total Maturity – Scenario 1 | ₹2,38,896 |
| Total Maturity – Scenario 2 | ₹4,62,416 |
| Basic Death Cover (250×₹400) | ₹1,00,000 |
Source: LIC Jeevan Saral Official Sales Brochure, Section 12.2. Scenarios based on projected investment returns of 6% p.a. and 10% p.a. respectively — not guaranteed.
Example 3 — Jeevan Saral Maturity After 15 Years (Age 30, ₹2,000/Month)
| Component | Amount |
|---|---|
| Monthly Premium | ₹2,000 |
| Total Premiums Paid (15 yrs) | ₹3,60,000 |
| MSA per ₹100 (Age 30, 15 yrs) | ₹19,300 |
| Maturity Sum Assured | ₹3,86,000 |
| Loyalty Additions (₹75/₹1000 MSA) | ₹28,950 |
| Total Maturity Value | ₹4,14,950 |
| Basic Death Cover (250×₹2000) | ₹5,00,000 |
LIC Jeevan Saral Surrender Value Calculator – How It Works
Thinking of surrendering your Jeevan Saral policy early? The LIC Jeevan Saral surrender value calculator section above shows your year-wise surrender value. Here’s the official formula behind it:
Guaranteed Surrender Value (GSV) — Section 4.1
GSV = 30% × (Total Premiums Paid − First Year Premium − Rider Premiums)
Eligible only after 3 full years of premium payment. Not available in first 2 years.
Special Surrender Value (SSV) — Section 4.2
SSV = Discounted/Accumulated Paid-Up MSA + Loyalty Additions
Paid-up MSA factors:
- Less than 4 years premiums paid → 80% of paid-up MSA (discounted)
- 4 years but less than 5 years → 90% of paid-up MSA
- 5 or more years paid → 100% of paid-up MSA
You always receive whichever is higher — GSV or SSV.
Better option: Take a loan against your policy at 10.5% p.a. (compounding half-yearly) instead of surrendering. Your life cover continues and the policy stays intact.
LIC Jeevan Saral Surrender Value After 15 Years
A very commonly searched query — 15 वर्षों के बाद एलआईसी जीवन सरल समर्पण मूल्य — translates to “LIC Jeevan Saral surrender value after 15 years.” After 15 full years of premium payment, the SSV factor is 100% of paid-up MSA — meaning you get the full proportionate MSA plus any declared Loyalty Additions. Use the year-wise table in the calculator above to see your exact 15-year surrender value.
Jeevan Saral Plan 165 Maturity Chart – Premium vs Returns
Many policyholders look for a Jeevan Saral plan 165 maturity chart or LIC plan 165 maturity calculator PDF to understand how returns grow over time. Here’s a summary maturity chart for a policyholder aged 30, paying ₹1,000/month:
| Policy Term | Total Premiums Paid | Maturity Sum Assured | Indicative LA | Total Maturity Value |
|---|---|---|---|---|
| 10 years | ₹1,20,000 | ₹1,10,530 | ₹5,527 | ₹1,16,057 |
| 15 years | ₹1,80,000 | ₹1,93,000 | ₹14,475 | ₹2,07,475 |
| 20 years | ₹2,40,000 | ₹2,73,450 | ₹30,080 | ₹3,03,530 |
| 25 years | ₹3,00,000 | ₹3,54,920 | ₹54,988 | ₹4,09,908 |
Based on entry age 30, ₹1,000/month premium, official LIC MSA table, and indicative Loyalty Addition rates. Actual maturity values will vary based on LIC’s annual LA declarations.
जीवन सरल कैलकुलेटर – LIC Plan 165 मैच्योरिटी कैलकुलेटर हिंदी में
एलआईसी जीवन सरल मैच्योरिटी कैलकुलेटर का उपयोग करना बहुत आसान है। ऊपर दिए गए जीवन सरल 165 परिपक्वता कैलकुलेटर में बस अपनी एंट्री उम्र, पॉलिसी टर्म, और मासिक प्रीमियम भरें — और तुरंत अपनी परिपक्वता राशि (Maturity Amount), डेथ बेनिफिट, और सरेंडर वैल्यू जानें।
एलआईसी जीवन सरल योजना 165 परिपक्वता कैलकुलेटर एक्सेल की तलाश करने वाले पॉलिसीहोल्डर्स के लिए — यह ऑनलाइन कैलकुलेटर एक्सेल से भी अधिक सटीक है क्योंकि यह LIC की आधिकारिक MSA तालिका पर आधारित है।
Tax Benefits on LIC Jeevan Saral Plan 165
Section 80C – Premium Deduction
Every rupee you pay as premium for LIC Jeevan Saral Plan 165 qualifies for tax deduction up to ₹1.5 lakh per year under Section 80C of the Income Tax Act. This reduces your taxable income directly — making the effective cost of your investment lower than the headline premium.
Section 10(10D) – Tax-Free Maturity Amount
The Jeevan Saral maturity amount — including Loyalty Additions — is fully tax-free under Section 10(10D), provided the annual premium doesn’t exceed 10% of the basic sum assured. For most Plan 165 policyholders, this condition is naturally satisfied.
Death benefit received by the nominee is completely tax-free with no upper limit under Section 10(10D).
LIC Jeevan Saral Plan 165 – Special Features You Must Know
Auto Cover (Section 7.1)
After the policy has been in force for 3 or more years, it provides automatic cover for 12 months from the date of the first unpaid premium — even if you miss payments. This is a significant safety net not available in most other LIC plans.
Partial Surrenders (Section 7.3)
From the 4th year onwards, you can partially surrender the policy — withdrawing a portion of the surrender value without terminating the policy. This gives Plan 165 exceptional liquidity compared to standard endowment plans.
Loan Against Policy (Section 7.6)
Once the policy acquires a paid-up value, you can take a loan at 10.5% p.a. compounding half-yearly. This is much smarter than surrendering — your life cover stays intact while you access liquidity.
Revival (Section 7.8)
A lapsed Jeevan Saral policy can be revived within 5 years of the first unpaid premium by paying all outstanding arrears with 9% p.a. interest, subject to evidence of good health.
Optional Riders (Section 6)
- Accidental Death and Disability Benefit — additional sum assured payable on accidental death or total/permanent disability
- Term Assurance Rider — additional life cover during policy term
- Maximum rider cover: ₹25 lakhs across all LIC policies combined
15-Day Free Look Period (Section 7.5)
If you are not satisfied with the policy terms after receiving the policy document, you may return it within 15 days for a full refund of premium paid (less pro-rata risk premium and medical/stamp charges).
Should You Surrender LIC Jeevan Saral Plan 165 or Continue?
This is one of the most important decisions for existing policyholders. Here’s a quick decision framework:
| Scenario | Recommendation | Reason |
|---|---|---|
| Policy in force < 3 years | ❌ Do NOT surrender | No surrender value available at all |
| Policy in force 3–5 years | ⚠️ Avoid surrender | GSV = only 30% of eligible premiums — huge loss |
| Policy in force 5–9 years | ⚠️ Consider loan instead | SSV improving but Loyalty Additions not yet earned |
| Policy in force ≥ 10 years | ✅ Continue if possible | Loyalty Additions now start accruing — big value |
| Need cash urgently | ✅ Take policy loan | 10.5% loan preserves full maturity benefit |
| Within 2–3 years of maturity | ✅ Definitely continue | Final LA declared at maturity is the highest |
LIC Jeevan Saral Plan 165 vs Other LIC Plans – Key Differences
| Feature | Jeevan Saral 165 | New Endowment 814 | Jeevan Anand 815 |
|---|---|---|---|
| Death Benefit Basis | 250× Monthly Premium | Sum Assured + Bonus | Sum Assured + Bonus |
| Maturity Benefit | MSA + Loyalty Additions | SA + Simple Rev. Bonus | SA + Bonus + Lifelong Cover |
| Bonus Type | Loyalty Additions only | Simple Reversionary | Simple Reversionary + FAB |
| Partial Surrender | ✅ From Year 4 | ❌ No | ❌ No |
| Auto Cover | ✅ Yes (after 3 yrs) | ❌ No | ❌ No |
| Lifelong Cover | ❌ No | ❌ No | ✅ Yes |
| Plan Status | ⚠️ Withdrawn | ✅ Active | ✅ Active |
| Loan Facility | ✅ Yes | ✅ Yes | ✅ Yes |
| Tax Benefit 80C | ✅ Yes | ✅ Yes | ✅ Yes |
| Tax-Free Maturity | ✅ Yes (10D) | ✅ Yes (10D) | ✅ Yes (10D) |
Tips to Maximise Your LIC Jeevan Saral Plan 165 Returns
- Never let the policy lapse — missed premiums reduce Loyalty Addition eligibility and paid-up MSA. If you’ve missed payments, revive within 5 years
- Switch to yearly payment mode — LIC gives a 2% rebate on annual premiums. Over 20–30 years, this compounds into a meaningful saving
- Don’t surrender before 10 years — Loyalty Additions only begin from Year 10. The real value of this Jeevan Saral with-profits plan shows up after a decade
- Use the loan facility — if you need emergency funds, borrow at 10.5% rather than surrendering and losing your maturity corpus
- Use partial surrender strategically — from Year 4, partial surrenders let you withdraw liquidity without terminating the policy
- Claim Section 80C every year — don’t forget to declare your Jeevan Saral premium in your ITR to claim the full ₹1.5 lakh deduction
Common Mistakes When Using the Jeevan Saral 165 Maturity Calculator
- Entering annual premium instead of monthly — this calculator takes monthly premium. If you pay yearly ₹12,000, enter ₹1,000 as monthly
- Not accounting for mode rebate — yearly payers get a 2% rebate on net premium; the calculator applies this automatically when you select “Yearly”
- Assuming Loyalty Additions are fixed — LA rates are declared annually by LIC and can change. Calculator values are indicative only
- Confusing MSA with Sum Assured — in Plan 165, “Maturity Sum Assured” (MSA) is different from the death cover sum (250× monthly premium). Don’t mix them up
- Ignoring GST on premium — GST (4.5% Year 1, 2.25% thereafter) is charged on top of premium but doesn’t affect your MSA calculation
- Looking for LIC table no 165 maturity calculator PDF — any PDF or Excel file for Plan 165 is outdated. This online tool is built on the official LIC brochure MSA table and gives more accurate results
Frequently Asked Questions – LIC Jeevan Saral Plan 165 Calculator
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Mohibul Islam is an LIC agent with 7+ years of experience. He also works in web development and blogging. He creates simple tools on LIC Plan Calculator to help people understand LIC plans, calculate benefits, and make better financial decisions easily.