Bonus Rates for LIC Money Back Plan - Table No. 75

The table below shows the Bonus rates declared for LIC Money Back Plan. You can use this to calculate the Maturity Value of LIC Money Back Plan. The vested simple reversionary bonus rates are per 1,000 Sum Assured.

How to calculate the bonus value of LIC Money Back?

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	Policy Term(Years)	Bonus Rate
2018-2019	20	39
	25	44
2017-2018	20	39
	25	44
2016-2017	20	39
	25	44
1st September, 2016	Special Diamond Jubilee Bonus - Details as below
2015-2016	20	39
	25	44
2014-2015	20	39
	25	44
2013-2014	20	39
	25	44
2012-2013	20	39
	25	44
2011-2012	20	39
	25	44
2010-2011	20	39
	25	44
2009-2010	20	39
	25	44
2008-2009	20	39
	25	44
2007-2008	20	39
	25	44
2006-2007	20	39
	25	44
2005-2006	20	37
	25	42
2004-2005	20	41
	25	45
2003-2004	20	46
	25	51

One-time Diamond Jubilee Bonus

1st September is the Founding Day or LIC. So on 01-September-2016, when LIC celebrated its 60th birthday, the company declared a special bonus for all it's participating plans. To be eligible for this bonus, all premiums should have been paid till 31st March 2016 and should be active as on 1st September 2016. The one-time Diamond Jubilee Bonus Rates for LIC Money Back Plan 20 Years are as shown below.
 

Policy Start Date	Bonus Rate
April 2011 to March 2016	5
April 2006 to March 2011	10
April 2001 to March 2006	15
April 1996 to March 2001	25
April 1991 to March 1996	35
April 1986 to March 1991	45
Prior to April 1986	60

Final Addition Bonus For LIC Money Back Policy 20 Years

This is a bonus which is paid at the time of maturity or death. It is a reward for continuing with the policy for a certain number of years. It is a one-time bonus which you get at the end of the policy. 

Below table shows FAB for LIC Money Back Plan 20 years declared on 31/03/2010
 

No of Years	Final additional bonus per 1000 sum assured
	Up to 25,000	25,001 to 50,000	50,001 to 1,99,999	2,00,000 & above
Upto 14 Years	0	0	0	0
15 to 19 Years	0	0	15	20
20 Years	0	10	30	40
21 to 24 Years	10	20	30	40
25 Years	40	150	175	225

Below table shows FAB for LIC Money Back Plan 20 years declared on 31/03/2011
 

No of Years	Final additional bonus per 1000 sum assured
	Up to 25,000	25,001 to 50,000	50,001 to 1,99,999	2,00,000 & above
Upto 14 Years	0	0	0	0
15 to 19 Years	0	0	15	20
20 Years	0	10	30	40
21 to 24 Years	10	20	30	40
25 Years	40	150	175	225

Below table shows FAB for LIC Money Back Plan 20 years declared on 31/03/2012
 

No of Years	Final additional bonus per 1000 sum assured
	Up to 25,000	25,001 to 50,000	50,001 to 1,99,999	2,00,000 & above
Upto 14 Years	0	0	0	0
15 to 19 Years	0	0	15	20
20 Years	0	10	30	40
21 to 24 Years	10	20	30	40
25 Years	40	150	175	225

 

Bonus Value on Maturity

So to get to total bonus value on maturity of LIC Money Back Plan 20 Years, you have to add all of the following - Simple Reversionary Bonus declared every year + Any special bonus + Final Addition Bonus

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 LIC Money Back Policy - Table No. 75. 

Click here to check Bonus Rates of all LIC Policies

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

You can know more about the plan and it’s working here - LIC Money Back Plan 20 Years Review - Table No. 75