LIC Bima Jyoti Plan 860 – Guaranteed Returns Plan Guide

LIC Bima Jyoti (Plan 860) – Know Your Returns on Day One

LIC Bima Jyoti (Plan 860) offers something unique: guaranteed additions instead of variable bonuses. You know your exact maturity amount from the day you buy the policy — no uncertainty.

Guaranteed Addition Rate

₹50 per ₹1,000 SA per year — fixed, declared at inception, not subject to LIC's annual valuation. This provides 100% certainty about your returns.

Policy Options

• Option 1: 15-year policy, PPT 10 years
• Option 2: 20-year policy, PPT 10 years

Maturity Calculation

15-year option, ₹10L SA, Age 30: GA per year = ₹50 × 1000 = ₹50,000. Total GA over 15 years = ₹7,50,000. Maturity = ₹10L + ₹7.5L = ₹17.5L. Annual premium ≈ ₹93,950. Total paid (10 years) = ₹9.395L. Return: 86% over 15 years.

Bima Jyoti vs Regular Endowment

• Bima Jyoti: Certain ₹17.5L (but lower than potential bonus plans)
• Jeevan Labh: Potential ₹19-22L (but bonus is not guaranteed)

Best For

Conservative investors, NRIs wanting rupee-guaranteed returns, people planning for specific goals with fixed date and amount. Also suitable for HUF investments where certainty is preferred.