Calculators LIC plans Endowment

LIC New Endowment · Plan 714

The classic. Regular-premium savings + life cover.

Run the numbers

Premium, maturity, and the year-by-year cash value at the latest declared bonus rate. Toggle the 3-scenario view to see a pessimistic / base / optimistic spread.

The calculator for this plan is not built yet. The reference information below is complete and sourced from licindia.in.

See Jeevan Labh for the full hybrid layout (work-in-progress reference).

Plan reference

Eligibility & limits

Category
Endowment
UIN / plan number
714
Plan status
Active for sale
Snapshot date
26 Apr 2026

Entry age, term and sum-assured bands are on the official plan page; we'll mirror them here once the per-plan facts are extracted.

Paid-up value

Stop premiums after at least 2 full years and the policy stays in force as a paid-up policy at a reduced sum assured. Already-vested bonuses are preserved; no new bonuses accrue.

Paid-up value calculator & guide

Policy loan

Once the policy has a surrender value (typically year 3), you can borrow up to 90% of it from LIC at the prevailing policy-loan rate — short-term liquidity without giving up the policy's bonuses.

Policy loan calculator & guide

Last updated · site changelog