When I was of the age of 24 years, I purchased a LIC money back product for 20 years. For me the annual premium was Rs. 20,972. Is there any way through which I can calculate the sum assured value and ROI at the time of maturity. And what will be the return at the end of every 5 year?
If you look at your policy bond, you will find the amount of sum assured. It will definitely be mentioned there. And as regards ROI, since the return is not guaranteed, I cannot really comment on your future returns.