LIC New Endowment Plus Plan 735 Calculator
Unit Linked · Non-Participating · Regular Premium · Individual Life Insurance Plan
ULIP — Market-Linked Plan: LIC New Endowment Plus is a Unit Linked Insurance Plan. The maturity benefit is the Unit Fund Value and is subject to market performance of the chosen fund. Returns are not guaranteed. The projected values are illustrative only based on the expected return rate you enter. Actual fund value may be higher or lower. This calculator is for estimation purposes only.
Enter Your Details
Premium, Mode, Age, Term, Fund & Expected Return
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Min: ₹10,000 (Yearly) | ₹5,000 (Half-Yearly) | ₹2,500 (Quarterly) | ₹1,000 (Monthly)
Enter a valid premium for the selected mode.
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Entry age: 90 days to 50 years | Max maturity age: 60 years
Age must be 0–50 years.
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Min 10 years. Max 20 years (maturity age ≤ 60).
Term must be 10–20 years (maturity age ≤ 60).
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Enter your assumed annual return rate (4%–15%). This is the effective rate on your fund. For IRDAI standard illustration use 4% or 8%.
Enter a rate between 4% and 15%.
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Maturity Projection Summary
Illustrative projection at your specified expected return rate
Total Premiums to be Paid
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Basic Sum Assured (10× Annualized Premium)
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Expected Return Rate (Gross Fund Growth)
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Projected Maturity Benefit (Unit Fund Value)
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Net Yield After All Charges (Customer IRR)
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Key Metrics
At-a-glance snapshot for this policy
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Annualized Premium
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Basic Sum Assured
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Projected Maturity
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Net Yield (IRR)
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Expected Return Rate
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Total Premiums
Charges & Policy Details
Applicable charges (estimated) & policy features
Fund Value Growth Projection
Projected Fund Value vs Cumulative Premium Paid
Year-wise Benefit Illustration
Projected fund value and death benefit year by year
| Year | Age | Cum. Premium (₹) | Fund Value (₹) | Death Benefit (₹) |
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Disclaimer: This calculator is for illustration and estimation purposes only. LIC New Endowment Plus Plan 735 is a Unit Linked Insurance Plan (ULIP) — returns are market-linked and not guaranteed. The maturity benefit is the Unit Fund Value at maturity, which depends on actual market performance. Charge estimates used in this calculator: Premium Allocation Charge (PAC): Year 1 = 7.5%, Years 2–3 = 5.0%, Years 4–5 = 4.0%, Year 6 onwards = 2.0% of annual premium (with 18% GST). Policy Administration Charge: ₹60/month in Year 1, escalating 5% per year (with 18% GST). Mortality Charge: deducted monthly based on age and Sum at Risk (with 18% GST). Fund Management Charge of 1.35% p.a. is embedded in the expected return rate you specify. These charge values are estimates — the official LIC policy document should be referred for exact charge details. Basic Sum Assured = 10× Annualized Premium. Partial withdrawals allowed after 5-year lock-in. Death Benefit = highest of BSA, Fund Value, or 105% of cumulative premiums paid. Entry age: 90 days to 50 years. Maximum maturity age: 60 years. Consult LIC or visit licindia.in for authorised projections. LIC New Endowment Plus — Plan No. 735 (UIN: 512L301V02).
Mohibul Islam
LIC Agent & Web DeveloperMohibul 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. Read More About »