PLI Endowment Assurance Plan

Premium Calculation with GST and Rebates

Entry Age

35 Years

Sum Assured

₹1,00,000

Policy Term

5 Years

Premium Paying Term

5 Years

First Year Premium (GST @4.5%)

Payment Mode	Premium (₹)	Rebate (₹)	Tax (₹)	Net Premium (₹)
Monthly Rebate: 5	1,720	5	77	1,792
Quarterly Rebate: 15	5,148	15	231	5,364
Half Yearly Rebate: 30	10,166	30	456	10,592
Yearly Rebate: 60	20,022	60	898	20,860

Subsequent Year Premiums (GST @2.25%)

Payment Mode	Premium (₹)	Rebate (₹)	Tax (₹)	Net Premium (₹)
Monthly Rebate: 5	1,720	5	39	1,754
Quarterly Rebate: 15	5,148	15	115	5,248
Half Yearly Rebate: 30	10,166	30	228	10,364
Yearly Rebate: 60	20,022	60	449	20,411

Maturity Benefits

Total Premium Paid

₹1,02,504

Sum Assured

₹1,00,000

Bonus (₹5,200 × 5)

₹26,000

Maturity Benefit

₹1,26,000