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Reliance Nippon Life Blue Chip Savings Plan - Bonus Rates Calculate Maturity Value
Reliance Nippon Life Blue Chip Savings Plan  - Bonus Rates Calculate  Maturity Value
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Bonus rates for Reliance Nippon Life Blue Chip Savings Plan

The table below shows the Bonus rates declared for Reliance Nippon Life Blue Chip Savings Plan from inception. You can use this to calculate the Reliance Nippon Life Blue Chip Savings Plan Maturity Value. Reversionary Bonus for your policy is calculated as a percentage of base 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 x Bonus Rate / 100) = (5,00,000 x Bonus Rate / 100)

Reversionary Bonus for Reliance Nippon Life Blue Chip Savings Plan (UIN - 121N103V01)

Year Bonus Type Bonus Rate
2018-19 Simple 5.50%
2017-18 Simple 5.50%
2016-17 Simple 5.50%
2015-16 Simple 5.50%
2014-15 Simple 4.00%


Special Bonus (Non-recurring)

Special bonus is a one time bonus declared by company. It is calculated as a percentage of base sum assured. As of now we don't have any information on this.
 

Terminal Bonus

‚ÄčTerminal bonus, if any, will be payable on death or maturity from the 10 policy year onwards by the company. As of now we don't have any information on this.
 

Maturity Benefit

So to get to the Maturity benefit of Reliance Nippon Life Blue Chip Savings Plan, you have to add all of the following - Guaranteed Sum Assured + Accrued bonuses + Special bonus (if any) + Terminal Bonus (if any)

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 Reliance Nippon Life Blue Chip Savings Plan

Please contact the Reliance Nippon Life's office for exact details of the bonus which has accrued in your plan.

You can read more about the plan and it’s working here - Reliance Nippon Life Blue Chip Savings Review

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