LIC Dhan Vriddhi 869 is a single-premium guaranteed savings plan launched on 23 June 2023 for a limited period. You choose a 10, 15 or 18-year term and death cover of 1.25 or 10 times the premium. For a 30-year-old with ₹10 lakh basic sum assured on a 15-year term under Option 1, the single premium is about ₹8,03,900 and maturity is ₹21.25 lakh.
Dhan Vriddhi 869 Single Premium & Maturity Calculator
Your estimate
basic sum assured + guaranteed additions
- Sum assured on deathplus guaranteed additions accrued
- ₹10,04,875
- Guaranteed addition per year₹75 per ₹1,000 sum assured
- ₹75,000
- Guaranteed additions
- ₹11,25,000
- Approx. return (IRR)
- 6.69%
- Age at maturity
- 45 years
- Single premium₹8,03,90038%
- Net gain₹13,21,10062%
Year-wise guaranteed additions, death benefit and surrender value
| Year | Age | Guaranteed additions (total) | Death benefit | Surrender value (approx.) |
|---|---|---|---|---|
| 1 | 31 | ₹75,000 | ₹10,79,875 | ₹6,15,885 |
| 2 | 32 | ₹1,50,000 | ₹11,54,875 | ₹6,29,130 |
| 3 | 33 | ₹2,25,000 | ₹12,29,875 | ₹6,42,660 |
| 4 | 34 | ₹3,00,000 | ₹13,04,875 | ₹7,77,060 |
| 5 | 35 | ₹3,75,000 | ₹13,79,875 | ₹7,91,610 |
| 6 | 36 | ₹4,50,000 | ₹14,54,875 | ₹8,07,210 |
| 7 | 37 | ₹5,25,000 | ₹15,29,875 | ₹8,24,205 |
| 8 | 38 | ₹6,00,000 | ₹16,04,875 | ₹8,43,090 |
| 9 | 39 | ₹6,75,000 | ₹16,79,875 | ₹8,64,248 |
| 10 | 40 | ₹7,50,000 | ₹17,54,875 | ₹8,88,435 |
| 11 | 41 | ₹8,25,000 | ₹18,29,875 | ₹9,16,395 |
| 12 | 42 | ₹9,00,000 | ₹19,04,875 | ₹9,48,960 |
| 13 | 43 | ₹9,75,000 | ₹19,79,875 | ₹9,87,345 |
| 14 | 44 | ₹10,50,000 | ₹20,54,875 | ₹10,38,510 |
| 15 | 45 | ₹11,25,000 | ₹21,29,875 | ₹11,17,260 |
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 Dhan Vriddhi Plan 869?
LIC Dhan Vriddhi (Plan 869) is a non-linked, non-participating, single-premium savings plan. You pay once, and the policy guarantees a fixed maturity amount and a fixed death cover from the first day. Each year, guaranteed additions are credited to the policy.
LIC launched it on 23 June 2023 (UIN 512N362V02) as a limited-period plan, much like Dhan Varsha 866 the year before. It is no longer available for new purchase. Compared with Dhan Varsha, it added an 18-year term, entry from 90 days of age, sum-assured-based addition rates and rebates for large covers and online purchase.
Dhan Vriddhi 869 at a glance
| Feature | Option 1 | Option 2 |
|---|---|---|
| Death cover | 1.25 × tabular premium | 10 × tabular premium |
| Policy term | 10, 15 or 18 years | 10, 15 or 18 years |
| Minimum entry age | 8 / 3 years / 90 days (10/15/18-year term) | Same |
| Maximum entry age | 60 | 40 / 35 / 32 |
| Minimum basic sum assured | ₹1,25,000 (multiples of ₹5,000) | Same |
| Rebates | 1.5–3.5% for ₹25 lakh+; 2% online | Same |
| Loan | After 3 months | After 3 months |
How the single premium is calculated
The premium is a tabular rate per ₹10,000 of basic sum assured, depending on age, term and option. Longer terms cost less today because the additions have more years to build up. Covers of ₹25 lakh or more get a 1.5%, 2.5% or 3.5% rebate (10/15/18 years), and online buyers get another 2%.
Example 1 (Option 1, 15 years): a 30-year-old chooses ₹10 lakh basic sum assured. The single premium is about ₹8,03,900. Additions of ₹75 per ₹1,000 (₹75,000 a year) add ₹11.25 lakh, so maturity is ₹21,25,000, an IRR of about 6.7%.
Example 2 (Option 2, 10 years): the same buyer pays about ₹7,91,800. Maturity is ₹13,50,000 (IRR about 5.5%), and the death cover is ₹79,18,000.
Tip: no GST is charged on individual life premiums from 22 September 2025. At launch, Dhan Vriddhi’s single premium carried 4.5% GST, which is why the amount on original receipts is higher.
Maturity, death and surrender
- Maturity: basic sum assured plus all guaranteed additions, paid as a lump sum.
- Death: sum assured on death plus additions accrued to date.
- Surrender: allowed at any time. The calculator’s year-wise table shows an approximate guaranteed surrender value: 75% of the premium in years 1–3, 90% later, plus a rising share of the accrued additions. Check exact numbers with the LIC surrender value calculator or your branch.
Tax points
Premiums qualify under Section 123 of the Income-tax Act, 2025 (earlier Section 80C) (old regime) up to the usual limit. Because Dhan Vriddhi was issued after 1 April 2023, the ₹5 lakh aggregate premium limit for tax-free maturity applies. Most policies above ₹6 lakh of sum assured cross that limit, so plan for tax on the gain unless your premium was smaller.
Should you keep it?
Yes, in most cases. The guaranteed return of roughly 5.5–6.7% is locked in, and surrendering early costs part of the premium. If you want to compare the maturity with another goal-based option, use the LIC maturity calculator.
How to use this calculator
- Choose the term and option.
- Enter age and basic sum assured; tick online purchase if relevant.
- Review the single premium, maturity, IRR and the year-wise death and surrender table. All results are estimates; your policy bond is final.
Frequently asked questions
Is LIC Dhan Vriddhi 869 still available?
No. Dhan Vriddhi was a limited-period plan launched on 23 June 2023 and is no longer open for new policies. Existing policies continue to maturity with every guaranteed benefit. Its predecessor was Dhan Varsha 866, sold in 2022–23.
How is Dhan Vriddhi different from Dhan Varsha?
Dhan Vriddhi added an 18-year term, allowed entry from 90 days of age, linked guaranteed addition rates to the sum assured, and offered a high sum assured rebate and a 2% rebate for online purchase. Dhan Varsha had only 10 and 15-year terms with flat addition rates.
How much are the guaranteed additions in Dhan Vriddhi?
Under Option 1, additions are ₹60–70 per ₹1,000 a year on a 10-year term and ₹65–75 on 15 or 18 years, higher for bigger sums assured. Option 2 pays ₹25–35 and ₹30–40. The ₹7 lakh and above band gets the top rate.
What is the death benefit in Dhan Vriddhi 869?
The nominee receives the sum assured on death plus guaranteed additions accrued. Sum assured on death is 1.25 times the tabular premium under Option 1 and 10 times under Option 2. For young children, risk cover starts as per policy terms, with a premium refund before that.
Is Dhan Vriddhi maturity tax-free?
Not always. Policies issued after 1 April 2023 are taxable if total premiums across such policies exceed ₹5 lakh in a year. Most Dhan Vriddhi premiums exceed that, and Option 1 also fails the 10% cover test, so maturity gains are often taxable.
Can I surrender or take a loan on Dhan Vriddhi?
Yes. A loan is available three months after the policy starts, and the policy can be surrendered at any time. The guaranteed surrender value is 75% of the premium in the first three years and 90% after, plus part of the accrued additions.
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.