LIC Money Back policy 20 years maturity calculator

LIC Money Back Policy 20 Years Maturity Calculator (Plan 920) – Full Guide & Free Tool 2026

If you are searching for a reliable LIC Money Back Policy 20 years maturity calculator for Plan 920 (New Money Back Plan), you have landed at the right place. Many people want to understand exactly how much they will receive at different stages — survival benefits every 5 years, final maturity amount, and what happens in case of unfortunate events.

I have used this plan for family planning and tested multiple calculators. Most online tools give very basic numbers. Here is a practical, detailed breakdown based on real policy rules, plus a free advanced calculator you can use right now.

What is LIC New Money Back Plan 20 Years (Plan 920)?

This is a participating, non-linked traditional plan from LIC that gives you regular cash payouts while keeping full life cover intact.

Key Highlights:

• Policy Term: 20 years
• Premium Paying Term: Only 15 years (last 5 years premium-free)
• Survival Benefits: 20% of Basic Sum Assured paid at the end of 5th, 10th, and 15th year
• Maturity Benefit: Remaining 40% of Sum Assured + Simple Reversionary Bonus + Final Additional Bonus (if any)
• Death Benefit: Higher of 125% of Sum Assured or 7 times annualized premium + bonuses (survival benefits already paid are not deducted)
• Minimum Sum Assured: ₹2,00,000 (multiples of ₹5,000)
• Entry Age: 13 to 50 years (nearer birthday)
• Maximum Maturity Age: 70 years

The best part? You get money back at regular intervals for big expenses like child education, marriage, or home renovation, yet your nominee still gets full protection.

How the LIC Money Back Policy 20 Years Maturity Calculator Works

A good calculator should show more than just one final number. It should break down:

1. Year-wise survival payouts
2. Estimated total premiums
3. Bonus projections (SRB + FAB)
4. Death benefit at different stages
5. Realistic return scenarios