LIC New Bima Bachat 2025: Discover the benefits of LIC’s New Bima Bachat 2025 – a single premium money-back policy offering guaranteed returns, loyalty additions, and life cover. Ideal for secure and short-term investment planning.
The Life Insurance Corporation of India (LIC) has launched an attractive new policy in 2025 – the LIC New Bima Bachat Plan 2025. It’s a non-linked, participating, individual, life assurance savings plan that offers a one-time premium payment and ensures periodic returns along with loyalty additions.
This plan is designed for individuals who prefer short-term investment with guaranteed money-back benefits and life insurance coverage. Let’s explore the features, benefits, eligibility, and whether LIC New Bima Bachat 2025 is the right plan for you.
Key Highlights of LIC New Bima Bachat 2025:
- ✅ Single Premium Payment
- ✅ Guaranteed Money-Back at Regular Intervals
- ✅ Loyalty Additions at Maturity
- ✅ Life Cover for Full Term
- ✅ Loan Facility Available
- ✅ Tax Benefits under Section 80C and 10(10D)
1. What is LIC New Bima Bachat Plan 2025?
LIC New Bima Bachat 2025 is a money-back life insurance policy where the policyholder pays a single premium and receives periodic survival benefits during the term of the policy. The policyholder also receives a maturity amount at the end of the policy, which includes the sum assured and any loyalty additions declared by LIC.
Unlike regular premium plans, this one is ideal for those who want to invest once and forget, while enjoying guaranteed returns and life coverage.
2. Features of LIC New Bima Bachat Plan 2025
| Feature | Description |
|---|---|
| Plan Type | Non-linked, Participating, Money-back Plan |
| Premium Type | Single premium (one-time payment) |
| Policy Term Options | 9, 12, or 15 years |
| Survival Benefit | 15% of Sum Assured at specified intervals |
| Maturity Benefit | Sum Assured + Loyalty Additions (if any) |
| Death Benefit | Sum Assured on Death |
| Loan Facility | Available after 1 year |
| Tax Benefits | Eligible under 80C & 10(10D) |
3. Survival and Maturity Benefits
LIC New Bima Bachat provides guaranteed survival benefits during the policy term. Here’s how it works:
Survival Benefit Payouts:
| Policy Term | Survival Benefit Payouts |
|---|---|
| 9 Years | 15% of Sum Assured at end of 3rd & 6th years |
| 12 Years | 15% of Sum Assured at end of 3rd, 6th & 9th years |
| 15 Years | 15% of Sum Assured at end of 3rd, 6th, 9th & 12th years |
Maturity Benefit:
At the end of the policy term, the Sum Assured on Maturity + Loyalty Additions (if any) will be paid to the policyholder.
4. Death Benefit
In case the policyholder passes away during the policy term, the nominee will receive the Sum Assured on Death, which is:
- 125% of the Sum Assured, or
- Basic Sum Assured, whichever is higher.
Additionally, loyalty additions (if any) will also be paid along with the death benefit.
5. Loyalty Additions
LIC may declare a Loyalty Addition at the end of the policy term, provided the policy is in force. This bonus depends on LIC’s profits and is a non-guaranteed but highly rewarding addition to your maturity amount.
6. Eligibility Criteria
| Criteria | Details |
|---|---|
| Minimum Entry Age | 15 years |
| Maximum Entry Age | 66 years for 9-year term, 63 for 12 years, 60 for 15 years |
| Minimum Sum Assured | ₹35,000 for 9 years, ₹50,000 for 12 years, ₹70,000 for 15 years |
| Maximum Sum Assured | No limit (subject to underwriting) |
| Policy Term | 9, 12, or 15 years |
| Premium Payment | Single (one-time) |
7. Example Illustration
Let’s say Mr. Raj, aged 35, buys LIC New Bima Bachat Plan 2025 with:
- Sum Assured: ₹1,00,000
- Policy Term: 15 Years
- Single Premium Paid: Approx. ₹76,000 (depends on age and term)
He will receive:
- ₹15,000 at the end of 3rd, 6th, 9th, and 12th years (15% of Sum Assured)
- On maturity (15th year), ₹1,00,000 + Loyalty Additions (if any)
- In case of death, ₹1,25,000 + Loyalty Additions
Thus, even with one-time payment, the plan ensures multiple guaranteed returns and a maturity benefit.
8. Loan and Surrender Facility
LIC offers loan against the policy after one year of commencement. Surrendering the policy is also allowed, and a surrender value is payable based on LIC’s rules.
9. Tax Benefits
- Premiums paid under LIC New Bima Bachat 2025 are eligible for tax deduction under Section 80C.
- Maturity and death benefits are tax-free under Section 10(10D), subject to conditions.
10. Who Should Buy This Plan?
LIC New Bima Bachat 2025 is ideal for:
- Investors looking for low-risk, short-term options
- Individuals preferring one-time premium payment
- People who want life cover + periodic returns
- Those seeking tax-saving options with guaranteed returns
Conclusion
The LIC New Bima Bachat 2025 plan is a perfect combination of security, savings, and life insurance. With guaranteed survival benefits, potential loyalty additions, and death cover, this plan serves both investment and protection needs.
For those who wish to invest a lump sum amount once and enjoy returns throughout the term, Bima Bachat 2025 is a smart and reliable choice.
FAQs on LIC New Bima Bachat 2025
Q1: Is the loyalty addition guaranteed?
No, it depends on LIC’s financial performance, but it has historically been a valuable bonus.
Q2: Can I take a loan on this policy?
Yes, loans are available after one year of policy purchase.
Q3: Is this plan suitable for senior citizens?
Yes, provided they fall within the entry age limit and prefer one-time investment with secure returns.
Q4: Is there any risk involved?
As a non-linked plan, there is no market risk, making it safe for conservative investors.
