money back
LIC's Bima Shree
Plan 748UIN 512N316V03
LIC's Bima Shree is a current money back product listed on the official LIC India product index.
- Plan type: money back
- Plan number: 748
money back
LIC's New Money Back Plan - 20 Years
Plan 720UIN 512N280V03
LIC's New Money Back Plan - 20 Years is a current money back product listed on the official LIC India product index.
At a glance
Key highlights
Plan type
money back
Plan number
720
Who should consider this plan?
periodic income, long term savings
Eligibility and policy information
| minimum Entry Age | 13 years (completed) |
|---|---|
| maximum Entry Age | 50 years (nearer birthday) |
| maximum Maturity Age | 70 years (nearer birthday) |
| policy Term | 20 |
| premium Paying Term | 15 years |
| Premium modes | Yearly, Half-Yearly, Quarterly, Monthly |
| Loan available | Yes |
| Surrender available | No |
Benefits and riders
Death benefit
in lumpsum or instalments as per needs. • Takes care of liquidity needs through loan facility.
Maturity benefit
On Life Assured surviving to the end of the policy term, provided the policy is in-force, “Sum Assured on Maturity” along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where “Sum Assured on Maturity” is equal to 40% of the Basic Sum Assured. D. Participation in Profits: The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation, provided the policy is in-force. In case the premiums are not duly paid, the policy shall cease to participate in future profits irrespective of whether or not the policy has acquired paid-up value. Simple Reversionary Bonuses shall be declared annually 4 at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan
Survival benefit
s at specified Policy durations. • Option to enhance coverage by opting for Rider Benefits on payment of additional premium for the rider benefits. • Benefit of attractive High Sum Assured Rebate. • Option to receive
Official documents
Product source on the Official LIC Website (opens in a new tab)
Important disclaimer
Please refer to the official LIC brochure and policy document for complete terms, conditions, exclusions and current availability.
Last verified: 2026-08-01
Personal assistance
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Every LIC plan should be considered in the context of your family, financial goals, time horizon, and affordable budget. Atul Rana provides one-to-one guidance using current official plan information.
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A focused discussion to understand protection needs, budget, and suitable LIC plan options.
Planning for family protection
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Supporting a child's future
Goal-based guidance for education, milestones, and long-term family responsibilities.
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