LIC Aadhaar Stambh Plan 943 (UIN 512N310V03) is an endowment plan only for men with an Aadhaar card, with ₹75,000 to ₹3 lakh cover for 10 to 20 years and a loyalty addition at maturity. It succeeded Plan 843 and is listed as withdrawn from 1 January 2025. A 30-year-old man with ₹3 lakh cover for 20 years pays about ₹10,795 a year.
Aadhaar Stambh 943 Premium & Maturity Calculator
Your estimate
- Premium per instalment
- ₹10,795
- Premium paying term
- 20 years
- Total premium paid
- ₹2,15,900
- Loyalty addition (assumed)
- ₹1,20,000
- Sum assured on deathplus loyalty addition after 5 years
- ₹3,30,000
- Approx. return (IRR)
- 5.98%
- Age at maturity
- 50 years
- Total premium paid₹2,15,90051%
- Net gain₹2,04,10049%
Year-wise death benefit
| Policy year | Age at entry | Premium paid | Death benefit |
|---|---|---|---|
| 1 | 31 | ₹10,795 | ₹3,30,000 |
| 2 | 32 | ₹21,590 | ₹3,30,000 |
| 3 | 33 | ₹32,385 | ₹3,30,000 |
| 4 | 34 | ₹43,180 | ₹3,30,000 |
| 5 | 35 | ₹53,975 | ₹3,30,000 |
| 6 | 36 | ₹64,770 | ₹3,66,000 |
| 7 | 37 | ₹75,565 | ₹3,72,000 |
| 8 | 38 | ₹86,360 | ₹3,78,000 |
| 9 | 39 | ₹97,155 | ₹3,84,000 |
| 10 | 40 | ₹1,07,950 | ₹3,90,000 |
| 11 | 41 | ₹1,18,745 | ₹3,96,000 |
| 12 | 42 | ₹1,29,540 | ₹4,02,000 |
| 13 | 43 | ₹1,40,335 | ₹4,08,000 |
| 14 | 44 | ₹1,51,130 | ₹4,14,000 |
| 15 | 45 | ₹1,61,925 | ₹4,20,000 |
| 16 | 46 | ₹1,72,720 | ₹4,26,000 |
| 17 | 47 | ₹1,83,515 | ₹4,32,000 |
| 18 | 48 | ₹1,94,310 | ₹4,38,000 |
| 19 | 49 | ₹2,05,105 | ₹4,44,000 |
| 20 | 50 | ₹2,15,900 | ₹4,50,000 |
Individual life insurance premiums are exempt from GST from 22 September 2025. Figures are estimates based on typical rates and may differ from LIC’s official quote.
What is LIC Aadhaar Stambh Plan 943?
LIC Aadhaar Stambh Plan 943 is a non-linked, participating endowment plan open only to men who hold an Aadhaar card. Premiums are paid every year of the 10 to 20-year term. At maturity the policyholder receives the basic sum assured plus a loyalty addition. If he dies during the term, the nominee receives the death benefit.
Plan 943 (UIN 512N310V03) is the successor of Aadhaar Stambh 843, which LIC withdrew on 1 February 2020. The women’s version is Aadhaar Shila 944. Plan 943 is listed as withdrawn from 1 January 2025, so this page is written mainly for existing policyholders.
Aadhaar Stambh 943 at a glance
| Feature | Details |
|---|---|
| Plan number / UIN | 943 / 512N310V03 |
| Who can buy | Men with an Aadhaar card |
| Entry age | 8 years (completed) to 55 years (nearest birthday) |
| Maximum maturity age | 70 years |
| Policy term / premium term | 10 to 20 years (premiums throughout) |
| Sum assured | ₹75,000 to ₹3,00,000 |
| Premium modes | Yearly, half-yearly, quarterly, monthly |
| Medical exam | Not required for standard lives |
| Loan and surrender | After 2 full years’ premiums |
| Status | Withdrawn from 1 January 2025 |
How the premium is calculated
The calculator applies the Aadhaar Stambh rate per ₹1,000 sum assured for your age and term. It then deducts a 2% rebate for yearly mode (1% for half-yearly) and the high sum assured rebate: ₹1.50 per ₹1,000 from ₹2 lakh and ₹2 per ₹1,000 at ₹3 lakh.
Example 1: a 30-year-old man with ₹3 lakh cover for 20 years pays about ₹10,795 a year, or ₹2,15,900 in total.
Example 2: a 25-year-old choosing ₹1.5 lakh for 15 years on half-yearly mode pays about ₹4,073 every six months, or ₹1,22,190 over the term.
GST of 4.5% in the first year and 2.25% afterwards applied until 22 September 2025. Individual life policies are now GST-exempt, so these are the full amounts due.
Maturity benefit
At maturity LIC pays the basic sum assured plus the loyalty addition. The loyalty addition depends on LIC’s experience and is declared when the claim arises, so treat the calculator’s figure as an estimate. With ₹20 per ₹1,000 for each policy year:
- Example 1 matures at about ₹4,20,000, an approximate return of 6% a year.
- Example 2 matures at about ₹1,95,000. Without any loyalty addition it would be ₹1,50,000, and the return falls to about 2.5%.
Tip: the loyalty addition makes a large difference to the final value. When your policy nears maturity, ask your LIC branch for the declared rate and enter it in the calculator.
Death benefit
If the policyholder dies during the term, the nominee receives the sum assured on death: the higher of 110% of the basic sum assured or 7 times the annual premium, and never less than 105% of premiums paid. For a ₹3 lakh policy, that is at least ₹3,30,000. After five policy years, the loyalty addition is paid as well. The calculator’s year-wise table shows the figure for every year.
Loan, surrender and tax
A loan and surrender value are available once two full years’ premiums have been paid, a year earlier than under 843. Estimate what an early exit would return with the surrender value calculator.
Premiums qualify for Section 123 of the Income-tax Act, 2025 (earlier Section 80C) deduction under the old tax regime. The maturity amount is generally tax-free under Section 11 read with Schedule II of the Income-tax Act, 2025 (earlier Section 10(10D)).
943 vs 843 in brief
Both plans share the same eligibility, sum assured range, term and benefit structure, and our calculator uses the same Aadhaar Stambh rate table for both. The practical difference for policyholders is faster access to loan and surrender value in 943. For a new savings plan with higher cover, men can look at LIC Jeevan Labh 736 or the LIC endowment plan calculator.
How to use this calculator
Enter the age at entry, term, sum assured and premium mode from your bond. Keep the loyalty addition at ₹20 or change it. The results show the yearly premium, instalment, total paid, maturity estimate, sum assured on death, approximate return and a year-wise death benefit table. All figures are estimates; LIC’s records are final.
Frequently asked questions
Who can buy LIC Aadhaar Stambh 943?
Men aged 8 (completed) to 55 (nearest birthday) who hold an Aadhaar card issued by UIDAI. Standard healthy lives are covered without medical tests. Women had the parallel Aadhaar Shila Plan 944.
Is Aadhaar Stambh 943 still available?
The plan is listed as withdrawn from 1 January 2025, so new policies are not issued. Existing 943 policies continue with all benefits until maturity or claim.
What is the premium for ₹3 lakh in Aadhaar Stambh 943?
Our calculator estimates about ₹10,795 a year for a 30-year-old on a 20-year term and about ₹25,706 a year on a 10-year term, after the yearly-mode and high sum assured rebates. No GST applies from 22 September 2025.
What will I get at maturity from Aadhaar Stambh 943?
The basic sum assured plus the loyalty addition LIC declares at maturity. For ₹3 lakh over 20 years with an assumed ₹20 per ₹1,000 a year, the estimate is about ₹4,20,000. Without loyalty addition, the guaranteed amount is ₹3 lakh.
What is the death benefit in Aadhaar Stambh 943?
The higher of 110% of the basic sum assured or 7 times the annual premium, with a minimum of 105% of premiums paid. After five policy years the loyalty addition is added to the claim.
What changed from Aadhaar Stambh 843 to 943?
The core design stayed the same. Plan 943 allows a loan and surrender after two full years' premiums instead of three, and follows the newer product rules on revival and the suicide clause. The sum assured range and age limits did not change.
Disclaimer: LIC Premium Calculators is an independent website. We are not affiliated with, endorsed by or connected to Life Insurance Corporation of India. All figures are estimates for illustration; confirm exact premiums and benefits with LIC or a licensed agent before buying.