How to Use the PLI Endowment Assurance Calculator

The PLI Endowment Assurance Calculator is designed to provide accurate details about your policy, including premium amounts, maturity value, total premiums paid, GST, and the maturity date.

By entering simple details like your sum assured, date of birth, and maturity age, you can quickly access all relevant calculations.

Steps to Use the Calculator

1. Visit our website and select the PLI Endowment Assurance Calculator.
2. Enter the sum assured, Date of birth, and select the desired Maturity age.
3. Click the Calculate button.

This calculator helps you to calculate the total premiums paid during the policy term, including GST. Its ability to compare premiums and bonuses with a pie chart and thats help you to makes your decisions.

Result Breakdown

After clicking the “Calculate” button, you will receive:

• Table One: Premium details, GST, and total premium for all payment modes (monthly, quarterly, half-yearly, and yearly).
• Table Two: Maturity details, including the maturity value, maturity date, total bonus, and total premiums paid.

---

Features and Eligibility of PLI Endowment Assurance (Santosh Plan)

The PLI Endowment Assurance Plan is available to individuals aged 19 to 55 years. Policyholders can select predefined maturity ages of 35, 40, 45, 50, 55, 58, or 60 years.

Eligibility:

PLI is available to specific groups of individuals, including:

• Central Government employees
• Defence Services personnel
• Para-Military forces
• State Government employees
• Local Bodies staff
• Employees of government-aided educational institutions
• Reserve Bank of India staff
• Public Sector Undertakings staff
• Employees of financial institutions and nationalised banks
• Autonomous bodies
• Extra Departmental Agents (Department of Posts)
• Contract-based employees of the Central/State Government (with extendable contracts)
• Employees of all scheduled commercial banks

For the complete list of eligible individuals, refer to the official document here.

Key Features of the Plan:

• Premium Payment Modes: Monthly, quarterly, half-yearly, and yearly
• Age Eligibility: Entry age 19–55 years
• Sum Assured: ₹20,000 (minimum) to ₹50 lakh (maximum)
• Loan: Available after 3 years
• Surrender: Allowed after 3 years
• Bonus: ₹58 per ₹1,000 sum assured per year (last declared bonus)
• Death Benefit: Full sum assured and accrued bonus paid to the nominee, assignee, or legal heir upon the policyholder’s death