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Reliance Nippon Life Smart Cash Plus Plan - Bonus Rates Calculate Maturity Value
Reliance Nippon Life Smart Cash Plus Plan  - Bonus Rates Calculate  Maturity Value
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Bonus rates for Reliance Nippon Life Smart Cash Plus Plan

The table below shows the Bonus rates declared for Reliance Nippon Life Smart Cash Plus Plan from inception. You can use this to calculate the Reliance Nippon Life Smart Cash Plus 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 Smart Cash Plus Plan (UIN - 121N096V01)

Year Bonus Type Bonus Rate
2018-19 Simple 3.00%
2017-18 Simple 2.50%
2016-17 Simple 2.50%
2015-16 Simple 2.50%
2014-15 Simple 2.10%
2013-14 Simple 2.30%


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.
 

Maturity Benefit

So to get to the Maturity benefit of Reliance Nippon Life Smart Cash Plus Plan, you have to add all of the following -  Sum Assured + Accrued bonuses + Special 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 Smart Cash Plus 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 Smart Cash Plus Plan Review

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