Need A Financial Product Forums Insurance Calculate sum assured value and ROI for LIC money back

This topic contains 1 reply, has 2 voices, and was last updated by  Neil Shah 3 years, 3 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #46953

    Neil Shah
    Member

    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?

    #46954

    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.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...

GET IN TOUCH WITH US

Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email : connect@simplypaisa.com

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.