LIC Bonus Rates (2022-2023): Complete List of Bonus Rates for LIC Policies

LIC has declared the LIC bonus rates (year 2022–23) for all LIC policies. The declared bonus rates are applicable for the for the valuation period 1st April 2021 to 31st March 2022. These bonus rates are based on March 2022 valuation done by LIC.

If you have purchased any of the traditional LIC plans like endowment or moneyback or similar plans where bonus gets added each year and want to know about LIC Bonus Chart or LIC Bonus 2022-23, then you will find this article useful as it has the  complete detail about latest LIC Bonus Rates for 2022-2023 useful. The Bonuses and Loyalty Addition, that LIC announces for various policies area coming from its valuation surplus.

Related Reading – How to Calculate LIC Bonus Amount on your LIC policies?

So without any further delay, let’s see what are the bonus rates for your LIC policy investments and how it will impact your LIC policy returns and the bonus value of all LIC policies.

LIC Bonus Rates for 2022-2023 (Complete Updated List)

First, let’s see the LIC Bonus Rates (2022-23) for Active Plans which are still available for new investments:

• New Endowment Plan (No. 814 and 914) Bonus Rates for 2022-23 – For policy term of 12-15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 34 per thousand of sum assured.
• New Endowment Plan (No. 814 and 914) Bonus Rates for 2022-23 – For policy term of 12-15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 35 per thousand of sum assured.
• New Endowment Plan (No. 814 and 914) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 38 per thousand of sum assured.
• New Endowment Plan (No. 814 and 914) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 39 per thousand of sum assured.
• New Endowment Plan (No. 814 and 914) Bonus Rates for 2022-23 – For policy term of more than 20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 44 per thousand of sum assured.
• New Endowment Plan (No. 814 and 914) Bonus Rates for 2022-23 – For policy term of more than 20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 45 per thousand of sum assured.

• Single Premium Endowment Plan (No. 817 and 917) Bonus Rates for 2022-23 – For policy term of 10-15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 37 per thousand of sum assured.
• Single Premium Endowment Plan (No. 817 and 917) Bonus Rates for 2022-23 – For policy term of 10-15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 38 per thousand of sum assured.
• Single Premium Endowment Plan (No. 817 and 917) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 42 per thousand of sum assured.
• Single Premium Endowment Plan (No. 817 and 917) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 43 per thousand of sum assured.
• Single Premium Endowment Plan (No. 817 and 917) Bonus Rates for 2022-23 – For policy term of more than 20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 47 per thousand of sum assured.
• Single Premium Endowment Plan (No. 817 and 917) Bonus Rates for 2022-23 – For policy term of more than 20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 48 per thousand of sum assured.

• Moneyback Plans (No. 820, 821, 920 and 921) Bonus Rates for 2022-23 – For policy term of 20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 35 per thousand of sum assured.
• Moneyback Plans (No. 820, 821, 920 and 921) Bonus Rates for 2022-23 – For policy term of 20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 36 per thousand of sum assured.
• Moneyback Plans (No. 820, 821, 920 and 921) Bonus Rates for 2022-23 – For policy term of 25 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 40 per thousand of sum assured.
• Moneyback Plans (No. 820, 821, 920 and 921) Bonus Rates for 2022-23 – For policy term of 25 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 41 per thousand of sum assured.

• New Jeevan Anand Plan (No. 815) Bonus Rates for 2022-23 – For policy term of 15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 37 per thousand of sum assured.
• New Jeevan Anand Plan (No. 815) Bonus Rates for 2022-23 – For policy term of 15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 38 per thousand of sum assured.
• New Jeevan Anand Plan (No. 815) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 41 per thousand of sum assured.
• New Jeevan Anand Plan (No. 815) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 42 per thousand of sum assured.
• New Jeevan Anand Plan (No. 815) Bonus Rates for 2022-23 – For policy term of more than 20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 45 per thousand of sum assured.
• New Jeevan Anand Plan (No. 815) Bonus Rates for 2022-23 – For policy term of more than 20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 46 per thousand of sum assured.

• New Children’s Moneyback Plan (No. 832 and 833) Bonus Rates for 2022-23 – For policy term of 13-15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 34 per thousand of sum assured.
• New Children’s Moneyback Plan (No. 832 and 833) Bonus Rates for 2022-23 – For policy term of 13-15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 35 per thousand of sum assured.
• New Children’s Moneyback Plan (No. 832 and 833) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 38 per thousand of sum assured.
• New Children’s Moneyback Plan (No. 832 and 833) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 39 per thousand of sum assured.
• New Children’s Moneyback Plan (No. 832 and 833) Bonus Rates for 2022-23 – For policy term of more than 20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 44 per thousand of sum assured.
• New Children’s Moneyback Plan (No. 832 and 833) Bonus Rates for 2022-23 – For policy term of more than 20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 45 per thousand of sum assured.

• LIC Jeevan Tarun Plan (No. 834) Bonus Rates for 2022-23 – For policy term of 13-15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 34 per thousand of sum assured.
• LIC Jeevan Tarun Plan (No. 834) Bonus Rates for 2022-23 – For policy term of 13-15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 35 per thousand of sum assured.
• LIC Jeevan Tarun Plan (No. 834) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 38 per thousand of sum assured.
• LIC Jeevan Tarun Plan (No. 834) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 39 per thousand of sum assured.
• LIC Jeevan Tarun Plan (No. 834) Bonus Rates for 2022-23 – For policy term of more than 20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 44 per thousand of sum assured.
• LIC Jeevan Tarun Plan (No. 834) Bonus Rates for 2022-23 – For policy term of more than 20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 45 per thousand of sum assured.

• LIC Jeevan Labh Plan (No. 836) Bonus Rates for 2022-23 – For policy term of 16 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 40 per thousand of sum assured.
• LIC Jeevan Labh Plan (No. 836) Bonus Rates for 2022-23 – For policy term of 21 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 44 per thousand of sum assured.
• LIC Jeevan Labh Plan (No. 836) Bonus Rates for 2022-23 – For policy term of 25 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 47 per thousand of sum assured.

• LIC Jeevan Umang Plan (No. 845 and 945) Bonus Rates for 2022-23 – For policy term of 15 years and the policyholder’s Age up to 55 years, the bonus rate is Rs 48 per thousand of sum assured.
• LIC Jeevan Umang Plan (No. 845 and 945) Bonus Rates for 2022-23 – For policy term of 15 years and the policyholder’s Age 56-70 years, the bonus rate is Rs 57 per thousand of sum assured.
• LIC Jeevan Umang Plan (No. 845 and 945) Bonus Rates for 2022-23 – For policy term of 15 years and the policyholder’s Age 71-85 years, the bonus rate is Rs 64 per thousand of sum assured.
• LIC Jeevan Umang Plan (No. 845 and 945) Bonus Rates for 2022-23 – For policy term of 20 years and the policyholder’s Age up to 55 years, the bonus rate is Rs 47 per thousand of sum assured.
• LIC Jeevan Umang Plan (No. 845 and 945) Bonus Rates for 2022-23 – For policy term of 20 years and the policyholder’s Age 56-70 years, the bonus rate is Rs 52 per thousand of sum assured.
• LIC Jeevan Umang Plan (No. 845 and 945) Bonus Rates for 2022-23 – For policy term of 20 years and the policyholder’s Age 71-85 years, the bonus rate is Rs 59 per thousand of sum assured.
• LIC Jeevan Umang Plan (No. 845 and 945) Bonus Rates for 2022-23 – For policy term of 20 years and the policyholder’s Age 86+ years, the bonus rate is Rs 67 per thousand of sum assured.
• LIC Jeevan Umang Plan (No. 845 and 945) Bonus Rates for 2022-23 – For policy term of 25 years and the policyholder’s Age up to 55 years, the bonus rate is Rs 46 per thousand of sum assured.
• LIC Jeevan Umang Plan (No. 845 and 945) Bonus Rates for 2022-23 – For policy term of 25 years and the policyholder’s Age 56-70 years, the bonus rate is Rs 47 per thousand of sum assured.
• LIC Jeevan Umang Plan (No. 845 and 945) Bonus Rates for 2022-23 – For policy term of 25 years and the policyholder’s Age 71-85 years, the bonus rate is Rs 53 per thousand of sum assured.
• LIC Jeevan Umang Plan (No. 845 and 945) Bonus Rates for 2022-23 – For policy term of 25 years and the policyholder’s Age 86+ years, the bonus rate is Rs 62 per thousand of sum assured.
• LIC Jeevan Umang Plan (No. 845 and 945) Bonus Rates for 2022-23 – For policy term of 30 years and the policyholder’s Age 56-70 years, the bonus rate is Rs 48 per thousand of sum assured.
• LIC Jeevan Umang Plan (No. 845 and 945) Bonus Rates for 2022-23 – For policy term of 30 years and the policyholder’s Age 71-85 years, the bonus rate is Rs 47 per thousand of sum assured.
• LIC Jeevan Umang Plan (No. 845 and 945) Bonus Rates for 2022-23 – For policy term of 30 years and the policyholder’s Age 86+ years, the bonus rate is Rs 57 per thousand of sum assured.

• LIC Jeevan Lakshya Plan (No. 833 and 933) Bonus Rates for 2022-23 – For policy term of 13-15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 37 per thousand of sum assured.
• LIC Jeevan Lakshya Plan (No. 833 and 933) Bonus Rates for 2022-23 – For policy term of 13-15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 38 per thousand of sum assured.
• LIC Jeevan Lakshya Plan (No. 833 and 933)Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 41 per thousand of sum assured.
• LIC Jeevan Lakshya Plan (No. 833 and 933)Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 42 per thousand of sum assured.
• LIC Jeevan Lakshya Plan (No. 833 and 933)Bonus Rates for 2022-23 – For policy term of more than 20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 45 per thousand of sum assured.
• LIC Jeevan Lakshya Plan (No. 833 and 933)Bonus Rates for 2022-23 – For policy term of more than 20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 46 per thousand of sum assured.

Now, let’s see the LIC Bonus Rates (2022-23) for Old Plans which are not available for new investments but existing policies are still running:

• LIC Whole Life type Plans Bonus Rates for 2022-23 – For policy term of any number of 20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 65 per thousand of sum assured.
• LIC Whole Life type Plans Bonus Rates for 2022-23 – For policy term of any number of 20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 66 per thousand of sum assured.

• LIC Endowment type Plans Bonus Rates for 2022-23 – For policy term of <11 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 29 per thousand of sum assured.
• LIC Endowment type Plans Bonus Rates for 2022-23 – For policy term of <11 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 30 per thousand of sum assured.
• LIC Endowment type Plans Bonus Rates for 2022-23 – For policy term of 11-15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 33 per thousand of sum assured.
• LIC Endowment type Plans Bonus Rates for 2022-23 – For policy term of 11-15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 34 per thousand of sum assured.
• LIC Endowment type Plans Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 37 per thousand of sum assured.
• LIC Endowment type Plans Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 38 per thousand of sum assured.
• LIC Endowment type Plans Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 43 per thousand of sum assured.
• LIC Endowment type Plans Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 44 per thousand of sum assured.

• LIC Moneyback Plans (No. 75 and 93)Bonus Rates for 2022-23 – For policy term of 20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 34 per thousand of sum assured.
• LIC Moneyback Plans (No. 75 and 93)Bonus Rates for 2022-23 – For policy term of 20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 35 per thousand of sum assured.
• LIC Moneyback Plans (No. 75 and 93)Bonus Rates for 2022-23 – For policy term of 25 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 39 per thousand of sum assured.
• LIC Moneyback Plans (No. 75 and 93)Bonus Rates for 2022-23 – For policy term of 25 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 40 per thousand of sum assured.

• LIC Jeevan Surabhi Moneyback Plan Bonus Rates for 2022-23 – For policy term of 15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 29 per thousand of sum assured.
• LIC Jeevan Surabhi Moneyback Plan Bonus Rates for 2022-23 – For policy term of 15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 30 per thousand of sum assured.
• LIC Jeevan Surabhi Moneyback Plan Bonus Rates for 2022-23 – For policy term of 20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 36 per thousand of sum assured.
• LIC Jeevan Surabhi Moneyback Plan Bonus Rates for 2022-23 – For policy term of 20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 37 per thousand of sum assured.
• LIC Jeevan Surabhi Moneyback Plan Bonus Rates for 2022-23 – For policy term of 25 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 45 per thousand of sum assured.
• LIC Jeevan Surabhi Moneyback Plan Bonus Rates for 2022-23 – For policy term of 25 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 46 per thousand of sum assured.

• LIC Jeevan Mitra (Double Cover) Plan (No. 88) Bonus Rates for 2022-23 – For policy term of <16 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 35 per thousand of sum assured.
• LIC Jeevan Mitra (Double Cover) Plan (No. 88) Bonus Rates for 2022-23 – For policy term of <16 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 36 per thousand of sum assured.
• LIC Jeevan Mitra (Double Cover) Plan (No. 88) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 39 per thousand of sum assured.
• LIC Jeevan Mitra (Double Cover) Plan (No. 88) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 40 per thousand of sum assured.
• LIC Jeevan Mitra (Double Cover) Plan (No. 88) Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 43 per thousand of sum assured.
• LIC Jeevan Mitra (Double Cover) Plan (No. 88) Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 44 per thousand of sum assured.

• LIC Saathi Plan (No. 89) Bonus Rates for 2022-23 – For policy term of <16 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 35 per thousand of sum assured.
• LIC Saathi Plan (No. 89) Bonus Rates for 2022-23 – For policy term of <16 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 36 per thousand of sum assured.
• LIC Saathi Plan (No. 89) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 39 per thousand of sum assured.
• LIC Saathi Plan (No. 89) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 40 per thousand of sum assured.
• LIC Saathi Plan (No. 89) Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 43 per thousand of sum assured.
• LIC Saathi Plan (No. 89) Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 44 per thousand of sum assured.

• LIC Mitra (Triple Cover) Plan (No. 133) Bonus Rates for 2022-23 – For policy term of <16 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 35 per thousand of sum assured.
• LIC Mitra (Triple Cover) Plan (No. 133) Bonus Rates for 2022-23 – For policy term of <16 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 36 per thousand of sum assured.
• LIC Mitra (Triple Cover) Plan (No. 133) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 40 per thousand of sum assured.
• LIC Mitra (Triple Cover) Plan (No. 133) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 41 per thousand of sum assured.
• LIC Mitra (Triple Cover) Plan (No. 133) Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 45 per thousand of sum assured.
• LIC Mitra (Triple Cover) Plan (No. 133) Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 46 per thousand of sum assured.

• LIC Limited Payment Endowment Plan (No. 48) Bonus Rates for 2022-23 – For policy term of <16 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 35 per thousand of sum assured.
• LIC Limited Payment Endowment Plan (No. 48) Bonus Rates for 2022-23 – For policy term of <16 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 36 per thousand of sum assured.
• LIC Limited Payment Endowment Plan (No. 48) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 39 per thousand of sum assured.
• LIC Limited Payment Endowment Plan (No. 48) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 40 per thousand of sum assured.
• LIC Limited Payment Endowment Plan (No. 48) Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 44 per thousand of sum assured.
• LIC Limited Payment Endowment Plan (No. 48) Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 45 per thousand of sum assured.

• LIC Jeevan Anand Plan (No. 149)Bonus Rates for 2022-23 – For policy term of <11 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 33 per thousand of sum assured.
• LIC Jeevan Anand Plan (No. 149) Bonus Rates for 2022-23 – For policy term of <11 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 34 per thousand of sum assured.
• LIC Jeevan Anand Plan (No. 149) Bonus Rates for 2022-23 – For policy term of 11-15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 36 per thousand of sum assured.
• LIC Jeevan Anand Plan (No. 149) Bonus Rates for 2022-23 – For policy term of 11-15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 37 per thousand of sum assured.
• LIC Jeevan Anand Plan (No. 149) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 40 per thousand of sum assured.
• LIC Jeevan Anand Plan (No. 149) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 41 per thousand of sum assured.
• LIC Jeevan Anand Plan (No. 149) Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 44 per thousand of sum assured.
• LIC Jeevan Anand Plan (No. 149) Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 45 per thousand of sum assured.

• LIC Jeevan Anurag Plan (No. 168)Bonus Rates for 2022-23 – For policy term of <11 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 33 per thousand of sum assured.
• LIC Jeevan Anurag Plan (No. 168) Bonus Rates for 2022-23 – For policy term of <11 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 34 per thousand of sum assured.
• LIC Jeevan Anurag Plan (No. 168) Bonus Rates for 2022-23 – For policy term of 11-15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 35 per thousand of sum assured.
• LIC Jeevan Anurag Plan (No. 168) Bonus Rates for 2022-23 – For policy term of 11-15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 36 per thousand of sum assured.
• LIC Jeevan Anurag Plan (No. 168) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 37 per thousand of sum assured.
• LIC Jeevan Anurag Plan (No. 168) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 38 per thousand of sum assured.
• LIC Jeevan Anurag Plan (No. 168) Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 39 per thousand of sum assured.
• LIC Jeevan Anurag Plan (No. 168) Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 40 per thousand of sum assured.

• LIC Jeevan Shree 1 Plan (No. 162)Bonus Rates for 2022-23 – For policy term of 10 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs NA per thousand of sum assured.
• LIC Jeevan Shree 1 Plan (No. 162) Bonus Rates for 2022-23 – For policy term of 10 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 41 per thousand of sum assured.
• LIC Jeevan Shree 1 Plan (No. 162) Bonus Rates for 2022-23 – For policy term of 15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs NA per thousand of sum assured.
• LIC Jeevan Shree 1 Plan (No. 162) Bonus Rates for 2022-23 – For policy term of 15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 42 per thousand of sum assured.
• LIC Jeevan Shree 1 Plan (No. 162) Bonus Rates for 2022-23 – For policy term of 20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs NA per thousand of sum assured.
• LIC Jeevan Shree 1 Plan (No. 162) Bonus Rates for 2022-23 – For policy term of 20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 45 per thousand of sum assured.
• LIC Jeevan Shree 1 Plan (No. 162) Bonus Rates for 2022-23 – For policy term of 25 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs NA per thousand of sum assured.
• LIC Jeevan Shree 1 Plan (No. 162) Bonus Rates for 2022-23 – For policy term of 25 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 49 per thousand of sum assured.

• LIC New Jeevan Suraksha – 1 Plan (No. 147)Bonus Rates for 2022-23 – For policy term of <11 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 22 per thousand of sum assured.
• LIC New Jeevan Suraksha – 1 Plan (No. 147)Bonus Rates for 2022-23 – For policy term of <11 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 23 per thousand of sum assured.
• LIC New Jeevan Suraksha – 1 Plan (No. 147)Bonus Rates for 2022-23 – For policy term of 11-15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 26 per thousand of sum assured.
• LIC New Jeevan Suraksha – 1 Plan (No. 147) Bonus Rates for 2022-23 – For policy term of 11-15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 27 per thousand of sum assured.
• LIC New Jeevan Suraksha – 1 Plan (No. 147)Bonus Rates for 2022-23 – For policy term of >15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 30 per thousand of sum assured.
• LIC New Jeevan Suraksha – 1 Plan (No. 147)Bonus Rates for 2022-23 – For policy term of >15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 31 per thousand of sum assured.

• LIC New Jeevan Dhara – 1 Plan (No. 148)Bonus Rates for 2022-23 – For policy term of <11 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 20 per thousand of sum assured.
• LIC New Jeevan Dhara – 1 Plan (No. 148) Bonus Rates for 2022-23 – For policy term of <11 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 21 per thousand of sum assured.
• LIC New Jeevan Dhara – 1 Plan (No. 148) Bonus Rates for 2022-23 – For policy term of 11-15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 23 per thousand of sum assured.
• LIC New Jeevan Dhara – 1 Plan (No. 148) Bonus Rates for 2022-23 – For policy term of 11-15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 24 per thousand of sum assured.
• LIC New Jeevan Dhara – 1 Plan (No. 148) Bonus Rates for 2022-23 – For policy term of >15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 27 per thousand of sum assured.
• LIC New Jeevan Dhara – 1 Plan (No. 148) Bonus Rates for 2022-23 – For policy term of >15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 28 per thousand of sum assured.

• LIC Child Career Plan (No. 184) Bonus Rates for 2022-23 – For policy term of 11-15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 29 per thousand of sum assured.
• LIC Child Career Plan (No. 184) Bonus Rates for 2022-23 – For policy term of 11-15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 30 per thousand of sum assured.
• LIC Child Career Plan (No. 184) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 33 per thousand of sum assured.
• LIC Child Career Plan (No. 184) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 34 per thousand of sum assured.
• LIC Child Career Plan (No. 184) Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 35 per thousand of sum assured.
• LIC Child Career Plan (No. 184) Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 36 per thousand of sum assured.

• LIC Child Future Plan (No. 185) Bonus Rates for 2022-23 – For policy term of 11-15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 33 per thousand of sum assured.
• LIC Child Future Plan (No. 185) Bonus Rates for 2022-23 – For policy term of 11-15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 34 per thousand of sum assured.
• LIC Child Future Plan (No. 185) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 37 per thousand of sum assured.
• LIC Child Future Plan (No. 185) Bonus Rates for 2022-23 – For policy term of 16-20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 38 per thousand of sum assured.
• LIC Child Future Plan (No. 185) Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 39 per thousand of sum assured.
• LIC Child Future Plan (No. 185) Bonus Rates for 2022-23 – For policy term of >20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 40 per thousand of sum assured.

• LIC Jeevan Tarang Plan (No. 178)Bonus Rates for 2022-23 – For policy term of 10 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 42 per thousand of sum assured.
• LIC Jeevan Tarang Plan (No. 178)Bonus Rates for 2022-23 – For policy term of 10 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 43 per thousand of sum assured.
• LIC Jeevan Tarang Plan (No. 178)Bonus Rates for 2022-23 – For policy term of 15 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 43 per thousand of sum assured.
• LIC Jeevan Tarang Plan (No. 178)Bonus Rates for 2022-23 – For policy term of 15 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 44 per thousand of sum assured.
• LIC Jeevan Tarang Plan (No. 178)Bonus Rates for 2022-23 – For policy term of 20 years and Sum Assured of less than Rs 1 lakh, the bonus rate is Rs 44 per thousand of sum assured.
• LIC Jeevan Tarang Plan (No. 178)Bonus Rates for 2022-23 – For policy term of 20 years and Sum Assured of more than Rs 1 lakh, the bonus rate is Rs 45 per thousand of sum assured.

That was a lot! Isn’t it? So many policies with so many options and sub-options with different sum assured and different bonus rates. But hopefully, that gives you the recently declared latest LIC Bonus Rates for 2022-23 in one place.

LIC bonuses depend on factors like type of policy, policy term, and sum assured. So when you buy any traditional LIC policy which is a ‘with profit’ product, then a major part of your LIC policy returns will depend on the rate of bonus declared by LIC for your policy.

How is LIC Bonus Calculated (2023)?

The amount of LIC bonus that you get on your policy depends on the bonus rate declared per Rs 1000 of Sum Assured of your policy. So for example, if LIC declares Rs 42 as bonus per Rs 1000 sum assured of your policy of Rs 10 lakh for 20-years policy term, then the bonus calculation for the year will be as below –

(Rs 42 x Rs 10,00,000)/Rs 1000 = Rs 42,000

But this bonus will not be paid to you immediately. Remember LIC bonuses are calculated and accrue each year. But you only get the LIC bonus at the time of policy maturity or if there is a death claim on the policy. Not before that.

Types of LIC Bonuses (2023) Declared by LIC

The bonuses declared by LIC are not freebies or something extra that many people believe it to be. These just come out of the valuation surpluses on LIC’s policyholders’ funds.

There are basically 3 types of LIC bonuses –

• Simple Reversionary Bonus – LIC declares this Simple Revisionary Bonus every year and it is added to your LIC policy account. But you don’t get it immediately as it simply accrues each year, but is paid out at maturity only. And the bonus just accrues each year without adding to principal or sum assured and therefore, there is no compounding of bonus in this case. The Reversionary Bonus rate is calculated as a proportion of the Sum Assured of the policy and NOT the accumulated premiums paid over the years. Please note that even though LIC has been consistently paying Simple Revisionary Bonuses each year without fail, it is something which is not exactly guaranteed. In case for any reason if in any given year there are no valuation surpluses, then the LIC has the technical right to not declare bonuses. But that is not as easy as it sounds given the socio-political impact of such a decision.
• Guaranteed Additions – This bonus is part of many of LIC policies and as the name implies, is guaranteed. This bonus/addition is pre-decided and generally becomes available after completion of a few years of the policy. It is not dependent on valuation surpluses made (or not made) by LIC in any given year and are guaranteed to be paid.
• Final Maturity Bonus / Final Additional Bonus / Loyalty Addition – These are one-time bonus amounts (usually declared on per Rs 1000 of sum assured) declared and promised to be paid at maturity of the policy and end of its policy term. These are paid out of LIC’s surpluses after reversionary bonus payouts have been made from valuation surpluses.

Once again remember that LIC bonuses are declared each year, but they simply accrue (and don’t compound) and are only paid at the end of the policy term on maturity.

And let’s also look at the final additional bonuses declared by LIC recently.

LIC Final Additional Bonus (FAB) Rates (2022-2023)

As explained earlier, Final Addition Bonus (FAB) is a one-time extra bonus paid at the maturity of policy and is paid at the time of final payment of the policy.

The minimum term required for a policy/policyholder to become eligible for the Final Additional Bonus as per the current valuation is 15 years. In general, Final Additional Bonus rates increase with the increase in the sum assured and term of the policy.

Here are the latest Final Additional Bonuses declared by LIC for 2022-2023 –

• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 15 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 0 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 0 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 10 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 20 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 16 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 0 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 0 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 15 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 25 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 17 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 0 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 10 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 20 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 30 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 18 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 10 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 15 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 25 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 35 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 19 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 15 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 20 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 30 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 50 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 20 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 20 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 25 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 40 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 70 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 21 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 25 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 30 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 50 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 100 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 22 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 30 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 50 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 80 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 150 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 23 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 35 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 100 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 150 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 250 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 24 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 70 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 150 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 230 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 350 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 25 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 170 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 250 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 330 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 450 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 26 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 270 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 350 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 430 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 550 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 27 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 370 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 450 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 540 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 670 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 28 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 470 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 550 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 650 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 790 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 29 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 570 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 650 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 760 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 910 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 30 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 670 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 750 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 900 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 1100 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 31 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 800 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 900 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 1100 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 1300 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 32 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 950 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 1050 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 1300 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 1550 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 33 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 1100 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 1200 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 1550 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 1800 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 34 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 1250 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 1350 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 1700 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 2050 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 35 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 1400 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 1500 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 1850 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 2300 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 36 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 1550 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 1650 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 2050 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 2550 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 37 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 1700 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 1800 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 2250 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 2800 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 38 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 1850 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 1950 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 2500 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 3050 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 39 Years, for Sum Assured (SA) of up to Rs 25,000 is Rs 2000 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 2100 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 2750 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 3300 per thousand
• LIC Final Additional Bonus Rate for 2022-23 for Policy Term of 40 year and above, for Sum Assured (SA) of up to Rs 25,000 is Rs 2150 per thousand of SA. For sum assured of Rs 25-50,000, it is Rs 2500 per thousand. For sum assured Rs 50,000 to Rs 1,99,999, it is Rs 3000 per thousand. And finally for sum assured above Rs 2 lakh, it is Rs 3550 per thousand

So that was all about LIC Bonus Rates (2022-2023). This was all the data that was available under the LIC Bonus rate list for 2022-2023 in India.