Jeevan Saral Maturity Calculator: Clear Guide, Examples, and Smart Checks
November 9, 2025
Jeevan Saral Maturity Calculator
Estimate maturity using your MSA and an assumed Loyalty Addition rate. Formula: Maturity = MSA + (MSA ÷ 1000 × LA rate)
| Item | Scenario A | Scenario B |
|---|---|---|
| MSA (₹) | — | — |
| LA rate (₹ / ₹1,000) | — | — |
| Estimated LA (₹) | — | — |
| Estimated Maturity (₹) | — | — |
Introduction
Jeevan Saral (LIC Table 165) is no longer offered for sale however many policyholders are getting close to maturity and require a precise estimation of the amount they’ll get. An Jeevan Saral Maturity Calculator will help you calculate the amount of money you will receive by combining two elements of the maturity sum assuring that is printed on your policy, and the Loyalty Addition LIC declares at the time of expiration. This guide will explain the calculations as well as examples and highlights common mistakes to avoid to ensure the estimate you make is both accurate and helpful.
What Jeevan Saral actually pays at maturity
Jeevan Saral doesn’t pay the death Sum Guaranteed at the time of maturity. It will return:
Maturity Value is MSA = Maturity Sum (MSA) plus Loyalty Addition (LA If appropriate)
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MSA is dependent on the age of entry and the term of your policy. It’s shown on the bond of your policy or on your schedule.
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LA is a once-in-a-lifetime addition to MSA at Rs1,000. The amount varies according to the term and by the year of the maturity.
What do good calculators require from you?
| Input you provide | Why is it important |
|---|---|
| Age at entry | Choose the MSA the reason behind your policy. |
| The policy term (10-25 years, which is typical) | This affects both MSA as well as LA eligibility. |
| Premium base monthly | It is useful to verify the authenticity of the policy document, but not directly utilized to calculate the maturity formula. |
| Maturity Sum Assured (MSA) | The number that is used to estimate the core. Take it from the policy bond. |
| Assumed rate of LA per Rs1,000 MSA | To project the maturity of the loan up to the point that LIC announces the rate at which it will be finalized. |
Quick suggestion: If you can’t locate MSA on your paperwork Ask your LIC branch to provide the amount with the policy number. The estimation of MSA using only premium data often can result in major mistakes.
What should the calculator tell you
| Output | What does it mean |
|---|---|
| MSA | A fixed amount that is printed in the insurance policy. |
| Estimated LA | MSA / 1,000 x assumed LA rate. |
| Total estimated maturity | MSA + estimated LA. |
| Sanity checks | Paid premiums, total amount paid, next due date, and the status of the policy. These don’t alter the formula for maturity, but they can aid in confirming the inputs. |
The step-by-step procedure for using an Jeevan Saral maturity calculator
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Find your MSA on the bond policy.
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Input the your age at entry as well as the policy word to double-check that your MSA appears as it should.
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Select the pre-determined LA amount per $1,000 MSA. Choose a more conservative figure for those who want to make a more cautious estimation.
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Check the outputs and save an image to be kept for files.
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Recheck the estimate closer to completion when more recent LA guidance becomes available.
Examples of working
These cases are meant to be used for illustration purposes only. Replace them with the original MSA and an updated LA assumption.
Example 1
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Age at entry: 30
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The policy term is 20 years.
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MSA (from bond) MSA (from bond): Rs2,20,000
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Assumed LA rate: Rs500 per Rs1,000 MSA
Estimated LA = 2,20,000 / 1,000 x 500 = Rs1,10,000
Estimated Maturity = Rs2,20,000 + Rs1,10,000 = Rs3,30,000
Example 2
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Age at entry: 35
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The policy term is 16 years.
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MSA: Rs1,60,000
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Assumed LA rate: Rs650 per Rs1,000 MSA
Estimated LA = 1,60,000 / 1,000 x 650 = Rs1,04,000
Estimated Maturity = Rs1,60,000 + Rs1,04,000 = Rs2,64,000
Quick Comparison Table which you can reuse
| Case | Age at entry | Term | MSA (Rs) | The LA rates (Rs/Rs1,000) | LA (Rs) | Est. maturity (Rs) |
|---|---|---|---|---|---|---|
| A | 30 | 20 | 2,20,000 | 500 | 1,10,000 | 3,30,000 |
| B | 35 | 16 | 1,60,000 | 650 | 1,04,000 | 2,64,000 |
| C | 28 | 25 | 3,00,000 | 550 | 1,65,000 | 4,65,000 |
Change your MSA or LA rate with your actual numbers. The formulas take care of the rest.
Common mistakes that overestimate estimates
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Utilizing the Death Sum Assured in place MSA
It is a form of insurance that is used for insurance against risk during the period. Maturity is based on MSA but not the risk coverage amount. -
The ability to guess MSA using the premium
Jeevan Saral’s MSA is dependent on the term and age. Two people who pay the same premium may be on different MSA. -
The concept of treating LA as a guaranteed
LA will be declared at near-maturity, and could vary by year and. As long as it is not declared, it’s just an estimation. -
The total of the premiums is added until maturity
Calculators shouldn’t add any premiums in the formula. They can help you determine the affordability of the product, not the payout.
LIC Jeevan Labh Calculator: Your Ultimate Tool for Estimating Premiums and Benefits
Check this checklist before relying upon an internet tool
| Check | What to do |
|---|---|
| MSA source | Check it out from the branch or policy bond Not from your memory. |
| Term and age | Then, match them precisely to your policy’s schedule. |
| LA assumption | Choose a conservative and moderate situation to get the range. |
| Make sure you have evidence | Print or download the estimate for future reference. |
DIY formula for spreadsheets, or code
If you’d rather a basic sheet or a small script This is all you require:
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Estimated LA =
(MSA / 1000) x LA_rate -
Estimated Maturity =
MSA + Estimated LA
It’s the same process to use a Jeevan Saral calculator for maturity is supposed to use in the background.
FAQs
Are Jeevan Saral still open for purchase?
No. Current policies remain in force until they reach the point of surrender or maturity, but the new sales have been shut down.
Where can I locate the precise MSA?
It is on the policy bond or on the policy schedule. You can also request it through any LIC branch.
What is the reason why online results are different from the figures provided by my agent?
Differences typically result due to using DSSA rather than MSA or by assuming a higher LA rate. Make use of the MSA included in your policy as well as a reasonable LA.
Does the value of surrender equal the maturity worth?
No. Surrender is calculated in a different way and is typically lower than the maturity value.
Bottom line
The Jeevan Saral Maturity Calculator is easy to use if you are focused on the correct inputs. Take your MSA in your document, then apply an appropriate Loyalty Addition for 1,000 rupees, and you’ll be able to make a clear, logical estimation. If you’d like to use my service, I’ll provide the smallest HTML with JavaScript widget that allows you to input the MSA as well as an LA rate and instantly see results, and an outline of the data for your files.
For official policy details, visit
LIC India.