LIC Jeevan Akshay VI (857) Calculator

The LIC Jeevan Akshay VI Calculator is an online tool used to calculate yearly, half-yearly, quarterly, and monthly pension (annuity) amounts based on age, gender, and single deposit amount for LIC Jeevan Akshay VII 857 plan. The LIC Jeevan Akshay VI plan is no longer available for sale and has been withdrawn. Read on to know more about the LIC Jeevan Akshay VI Calculator.

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Registered Consumer
51
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5.9 Crore
Policies Sold

What is LIC Jeevan Akshay VI Calculator?

LIC Jeevan Akshay VI calculator is an online tool provided by the LIC of India to make accurate calculations for policyholders of the LIC Jeevan Akshay VI policy. It helps calculate the annuity amount policyholders may receive. The LIC Jeevan Akshay VI Calculator takes into account various factors, such as the policyholder's age, the premium amount, the annuity option chosen, and any other relevant details. By entering this information into the LIC Jeevan Akshay calculator 2026, potential buyers can get an approximate idea of the annuity amount.

LIC Jeevan Akshay VI was withdrawn by the company, however, if you still wish to secure your post-retirement needs, you can buy LIC Jeevan Akshay VII, which is the new version of the withdrawn plan.

What Are The Benefits of Using Jeevan Akshay VI Calculator?

There are many benefits to using the Jeevan Akshay VI Calculator. Here are some of the most important reasons to use the calculator:

  • Accurate Estimation: The LIC Jeevan Akshay VI plan calculator works accurately with no room for uncertainties. You can trust the results as they are credible and are only generated after factoring in all the inputs provided by you. 

  • Making Smart Choices: The LIC Jeevan Akshay VI calculator 2026 helps choose wisely. It allows the policyholders to get a clear picture of what the plan will offer so they can make an informed decision. 

  • Time-Saving: It saves the time and effort which would have been spent on manual calculation, thus, making the whole planning process quicker and more comfortable.

  • Simple Comparison: The users can effortlessly compare various annuity options. A user can understand how their pension income varies by just changing input such as the type of annuity or the amount of the investment. They can now evaluate numerous scenarios quickly and choose the best option for them.

  • Real-Time Results: The LIC Jeevan Akshay VI plan calculator is online, so people can get results right away. This makes it easy for them to quickly compare different options.

  • Customization: Users can change the inputs on the calculator, which lets them make the LIC Jeevan Akshay VI plan work for them and their finances.

How to use LIC Jeevan Akshay VI Calculator?

LIC Jeevan Akshay VI is a withdrawn plan, and hence one cannot buy this plan. However, to secure your post-retirement life, you can use the LIC Jeevan Akshay VII calculator 2026.

If you want to know the pension amount for a situation where you hold an LIC Jeevan Akshay VI policy in 2026, the LIC Jeevan Akshay Annuity Calculator will come in handy. 

Only particular details of the plan and your preferences are required to be filled in by you: 

  • Pension Type 

  • Pension Option 

  • Annuity Mode 

  • Primary Holder's Age 

  • Secondary Holder's Name and Age (if applicable) 

  • Premium Amount 

To calculate the premium rate of LIC Jeevan Akshay VII, follow these steps:

Step 1: Go to the official LIC website.

Step 2: Scroll down to the ‘How Much You Need Section’ and click on ‘Calculate Premium’.

Step 3: Enter your personal details, such as name, date of birth, gender, country code, mobile number, and email address. Click ‘Next’, then click on ‘Quick Quote’.

Step 4: You will be redirected again to another page where you can select the LIC Jeevan Akshay. Then click on ‘Quote’.

Step 5: Provide the details required in this step such as sum assured amount, purchase price, etc. 

After making your choices, the LIC Jeevan Akshay VII plan premium details will be displayed on the next page.

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The LIC of India offers an array of insurance and investment products to cater to the needs of a diverse range of customers. Let us take a look at the various types of plans offered by Life Insurance Corporation of India:

  • Tax Saving
  • Investment Plans
  • Senior Citizens
  • Kids Plan
  • Women

LIC for TAX Saving:

Enjoy the dual benefit of tax deductions under Section 80C and comprehensive insurance coverage with LIC’s tax-saving policies.

Best LIC for Investment:

Explore LIC's top-performing plans, which provide the perfect blend of investment growth and insurance protection to achieve your financial aspirations.

LIC for Senior Citizens:

Ensure a peaceful and financially stable retirement with LIC plans offering guaranteed returns, life cover, and regular income options.

LIC for Kids:

Protect and plan your child’s education, marriage, and future goals with LIC’s specialized child insurance plans that combine savings and life cover.

LIC for Women:

LIC offers plans tailored for women, focusing on their unique needs. These plans include savings, life cover, and financial independence to secure a brighter future.

Wrapping It Up:

The Jeevan Akshay calculator is an LIC immediate annuity plan calculator that can be very helpful in figuring out the kind of retirement that you will have and planning it better. In case anyone is interested in buying the LIC Jeevan Akshay VII plan, then they can figure out the premium rate by inputting the data such as the type of pension, the pension option, the annuity mode, the age of the primary holder and the premium amount and also the annuity mode that suits them the best.

FAQs

  • Q1: What are the benefits of LIC Jeevan Akshay 6 plan?

    The benefits of LIC Jeevan Akshay 6 plan are:
    An annuity that pays out at a steady rate for life.
    An annuity that pays out for 5, 10, 15, or 20 years, and then as long as the annuitant is alive.
    An annuity for life that pays back the purchase price when the annuitant dies.
  • Q2: What is the LIC Jeevan Akshay VI Plan?

    The LIC Jeevan Akshay VI Plan is an immediate annuity plan. The policyholder must pay the full purchase price, and they can choose to receive the benefits of the policy in installments.
  • Q3: Is LIC Jeevan Akshay VI Plan a good policy?

    The LIC Jeevan Akshay VI Plan is a good policy by LIC, one of India's most trusted insurance companies. It aldso provides a strong support for retirement planning with annuity options, lump sum payments, tax saving components etc.
  • Q4: How does LIC Jeevan Akshay VI Plan work?

    It's easy to understand how the insurance plan works. The policyholder only needs to buy the policy once and then choose how they want to get the annuity. You can get the annuity payment every month, every three months, every six months, or every year.
  • Q5: Is LIC Jeevan Akshay VI Plan a good investment?

    Yes. The LIC Jeevan Akshay VI Plan makes sure that people can be financially independent after they retire or for those who want a steady income. Aside from that, the tax break that comes with the act makes it a very appealing plan for people who want to buy insurance.
  • Q6: Is annuity income from LIC Jeevan Akshay VI Plan taxable?

    The money that the policyholder gets from this annuity plan is considered income. The policyholder will have to pay taxes on the income based on the tax laws and tax bracket that apply to them.
  • Q7: How much pension will I get from Jeevan Akshay VI plan?

    The pension amount you receive from LIC Jeevan Akshay VI plan depends upon various factors such as your age, purchase price and the annuity option selected. For example, if your investment amount is Rs 1 lakh, and you start at the age of 50, your yearly annuity under various options would be in the range of Rs 7500 - Rs 8000.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
+Returns Since Inception of LIC Growth Fund
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
++Returns are 10 years returns of Nifty 100 Index benchmark
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

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