
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.
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