Bonus rates for BSLI Savings Insurance Plan (UIN 109N088V01)

The table below shows the Bonus rates declared for BSLI Savings Plan from inception. You can use this to calculate the Birla Sun Life Insurance Savings Plan Maturity Value. The vested simple reversionary bonus rates are per 1,000 Sum Assured.

In case you have a plan with Sum Assured of Rs. 5,00,000 - Use the values in the table as following:

Bonus Value = Sum Assured / 1000 x Bonus Rate = 5,00,000 / 1,000 x Bonus Rate

Simple Reversionary Bonus

 

Year	Sum Assured (in Rs.)	PPT(In Years)	Bonus Rate
2019-2020	SA < 50,000	10	2
		15	11
		20	17
	SA : 0.5 lac - 1.5 lac	10	7
		15	15
		20	22
	SA >= 1.5 lac	10	15
		15	22
		20	32
2017-2018	< 50,000	10	2
		15	11
		20	17
	0.5 lac - 1.5 lacs	10	7
		15	15
		20	22
	>= 1.5 lacs	10	15
		15	22
		20	32
2016-2017	< 50,000	10	2
		15	11
		20	17
	0.5 lac - 1.5 lacs	10	7
		15	15
		20	22
	>= 1.5 lacs	10	15
		15	22
		20	32
2015-2016	< 50,000	10	5
		15	13
		20	20
	0.5 lac - 1.5 lacs	10	10
		15	17
		20	25
	>= 1.5 lacs	10	20
		15	25
		20	35
2014-2015	< 50,000	10	5
		15	13
		20	20
	0.5 lac - 1.5 lacs	10	10
		15	17
		20	25
	>= 1.5 lacs	10	20
		15	25
		20	35

 

Maturity Value

So to get to the Maturity value of BSLI Savings Plan, you have to add all of the following - Sum Assured + Simple Reversionary Bonus + Accrued Gauranateed Additions + Terminal Bonus (if any).
 

Guaranteed Bonus

Guaranteed Additions of Rs. 40/- per thousand Sum Assured will be added to your policy at the end
of each policy year during the first 5 years; provided all due premiums have been paid.

Terminal Bonus

Terminal bonus is one time bonus which is payable at maturity. As of now, no terminal bonus has been declared in this plan.

Do let us know in case you need any further information on the bonus rates for this plan or in calculating the returns for your BSLI Savings Plan 

Please contact the LIC office for exact details of the bonus which has accrued in your plan.

You can read know more about the plan and it’s working here - Birla Sun Life Insurance Savings Plan Review.