from age 51 to 75
Presented by
HARISH CHAND
Sample Report For Demonstration Purpose Only
205-206, C-Wing, Crystal Plaza,New Link Road,
Andheri(W), Mumbai - 400 053.
Tel: 4060 1000 Fax:4060 1226.
e-mail. support@datacompwebtech.com
Presented by
HARISH CHAND
Sample Report For Demonstration Purpose Only
205-206, C-Wing, Crystal Plaza,New Link Road,
Andheri(W), Mumbai - 400 053.
Tel: 4060 1000 Fax:4060 1226.
e-mail. support@datacompwebtech.com
The objective of this proposal is to provide financial security to your family during your
productive span and a happy independent retired lifestyle for yourself and your spouse
when you decide to retire.
Disclaimer
u Magic-Plan Retire & Enjoy is a combination of LIC plans specially researched to meet the objective of securing a financially
independent life for yourself and your spouse on retirement.
u The benefits shown in this presentation have been calculated on the basis of interim bonuses declared by LIC for the year
ended 31-Mar-2009. Actual results may deviate depending on the future bonuses declared by LIC.
u Loan calculation is done on the basis of present surrender value rates.
u The effective yield in the above proposal works out to 8.93 % (calculated as per IRR method).
HARISH CHAND
Sample Report For Demonstration Purpose Only
Sec.80 CCE Invt. Lmt. : 100000 Sec.80 CCE Tax Rebate : 33.99 %
* The above projection is based on assumptions enumerated on the page titled "Benefits during the Retirement Period".
HARISH CHAND
Sample Report For Demonstration Purpose Only
Sec.80 CCE Invt. Lmt. : 100000 Sec.80 CCE Tax Rebate : 33.99 %
2033 51 3481760 4811760 41437 14085 27352 172000 216240 27352 188888 1112000
2034 52 3425000 4675000 38151 12968 25183 172000 213760 25183 188577 1090750
2035 53 3397400 4572400 35197 11964 23233 172000 210000 23233 186767 1070000
2036 54 3360280 4465280 32549 11064 21485 172000 207760 21485 186275 1051000
2037 55 3316160 4356160 30181 10259 19922 172000 203840 19922 183918 1036250
2038 56 3250200 4225200 27899 9483 18416 172000 214760 18416 196344 1015250
2039 57 3180600 4095600 25865 8792 17073 172000 208320 17073 191247 998250
2040 58 3149580 4009580 24062 8179 15883 172000 200200 15883 184317 986000
2041 59 3060380 3865380 22309 7583 14726 172000 210540 14726 195814 969250
2042 60 2988000 3738000 20604 7003 13601 172000 220880 13601 207279 945750
2043 61 2927400 3627400 19046 6473 12573 172000 199200 12573 186627 929250
2044 62 2847000 3497000 17524 5956 11568 172000 209100 11568 197532 907250
2045 63 2746800 3346800 16036 5450 10586 172000 219000 10586 208414 880500
2046 64 2626800 3176800 14580 4955 9625 172000 228900 9625 219275 847750
2047 65 2512000 3012000 13153 4470 8683 172000 238800 8683 230117 810000
2048 66 2372400 2822400 11752 3994 7758 172000 251200 7758 243442 765250
2049 67 2208000 2608000 10376 3526 6850 172000 263600 6850 256750 715000
2050 68 1948800 2298800 9021 3065 5956 172000 276000 5956 270044 658750
2051 69 1684800 1984800 7686 2611 5075 172000 278400 5075 273325 595250
2052 70 1416000 1416000 6370 2164 4206 172000 280800 4206 276594 524250
2053 71 1142400 1142400 4869 1654 3215 172000 283200 3215 279985 444250
2054 72 864000 864000 3632 1234 2398 172000 285600 2398 283202 354000
2055 73 580800 580800 2410 819 1591 172000 288000 1591 286409 251750
2056 74 292800 292800 1200 408 792 172000 290400 792 289608 136250
2057 75 0 0 0 0 0 172000 292800 0 292800 0
u Magic-Plan Retire & Enjoy is a combination of LIC plans specially researched to meet the objective of securing a financially
independent life for yourself and your spouse on retirement.
u The benefits shown in this presentation have been calculated on the basis of interim bonuses declared by LIC for the year
ended 31-Mar-2009 . Actual results may deviate depending on the future bonuses declared by LIC.
u Loan calculation is done on the basis of present surrender value rates.
rates
u The effective yield in the above proposal works out to 8.93 % (calculated as per IRR method).
HARISH CHAND
Sample Report For Demonstration Purpose Only
Proposer’s Name : Mr. RAKESH CHATURVEDI Proposer’s DOB : 28/02/1982 Age : 28 (ANB)
Sec.80 CCE Invt. Lmt. : 100000 Sec.80 CCE Tax Rebate : 33.99 %
Agent's Copy
1 14/23/23 85000 85000 48 48 0.00 440 313 329 940 1852 3648
2 14/24/24 80000 80000 48 48 0.00 520 282 296 847 1669 3286
3 14/25/25 75000 75000 48 48 0.00 600 254 266 761 1500 2954
4 14/26/26 70000 70000 48 48 0.00 720 227 239 682 1345 2648
5 14/27/27 65000 65000 48 48 0.00 840 203 214 610 1202 2368
6 14/28/28 65000 65000 48 48 0.00 960 196 206 588 1159 2282
7 14/29/29 60000 60000 48 48 0.00 1080 175 183 524 1033 2034
8 14/30/30 55000 55000 48 48 0.00 1200 155 163 465 916 1803
9 14/31/31 55000 55000 48 48 0.00 1340 151 158 452 890 1753
10 14/32/32 55000 55000 48 48 0.00 1480 146 154 439 865 1705
11 14/33/33 50000 50000 48 48 0.00 1400 134 140 401 791 1558
12 14/34/34 50000 50000 48 48 0.00 1550 131 137 392 772 1522
13 14/35/35 50000 50000 48 48 0.00 1700 128 134 383 755 1488
14 14/36/36 50000 50000 48 48 0.00 1850 125 131 375 739 1456
15 14/37/37 50000 50000 48 48 0.00 2000 122 128 367 724 1427
16 14/38/38 50000 50000 48 48 0.00 2200 120 126 361 711 1401
17 14/39/39 50000 50000 48 48 0.00 2400 118 124 354 698 1376
18 14/40/40 50000 50000 48 48 0.00 2600 116 122 349 687 1355
19 14/41/41 50000 50000 48 48 0.00 2600 115 120 344 678 1335
20 14/42/42 50000 50000 48 48 0.00 2600 113 118 339 668 1316
21 14/43/43 50000 50000 48 48 0.00 2600 112 117 335 660 1301
22 14/44/44 50000 50000 48 48 0.00 2600 110 116 331 653 1287
23 14/45/45 50000 50000 48 48 0.00 2600 109 114 327 646 1272
24 14/46/46 50000 50000 48 48 0.00 2600 108 113 324 639 1260
25 14/47/47 50000 50000 48 48 0.00 2600 107 112 322 634 1250
1. '*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2010.
2. '#' : - Assuming that bonus rate declared by LIC will increase/decrease per year by step rate mentioned above.