GOOD MORNING

THE AGENDA

LIC A GOLDEN JORNEY

• RETURNS & SURPLUS

• PREMIUM PORTFOLIO

• FIXED DEPOSIT

WHY R V MEETNG TODAY ?

• BACHAT

• TAXATION

• FD V/S BACHAT

• BACHATAKSHAY

• BACHATAKSHAYAROGYA

• BACHATEMPLOYER-EMPLOYEE

• AROGYAEMPLOYER EMPLOYEE

THE PURPOSE OF YOUR POSITION

April 28, 2023 4

World Population : Top 5 countries1. China 1,33.86 CRORE2. India 1,16.60 CRORE L I C 38.38 CRORE

31/03/2011

(Conv 28.59 + Group Ins 9.79)

3. USA 30.63 CRORE 4. Indonesia 24.02 CRORE 5. Brazil 19.87 CRORE (As of 3rd May 2009, Source:

www.counttheworld.com)

5

LIC – The Journey so far1956 2010

Zonal Offices 5 8

Divisional Offices 33 111

Br OfficesSatellite Offices

212 2,5001123

Policies 5.6 mn 383 mn

Life Fund (2011) 459 mn 1,15,12,000 mn

Agents (aprxmtly) 1.4mn

Employees 114,000

LIC – The Golden JourneyLIC – The Golden JourneyYear Yearly New Business Performance

Policies S.A. (INR Mn)1958 9,32,331 3,280.81967-68 14,23,380 8,354.01977-78 18,53,780 20,048.61987-88 46,93,788 1,24,345.1

1997-98 1,33,11,294 6,36,176.9

2007-08 3,75,89,995 27,54,576.52009-10 3,88,38,899 42,80,618.1

2010-11 3.7012 CR TFYPI 52203.64 CR

INTEREST RATE TRENDSLIFE FUND YIELD BANK RATE & GOVT-SEC YIELDYEAR LIFE FUND YIELD 10YR G-SEC YIELD

2000-01 11.60% 10.06%2001-02 11.59% 7.35%2002-03 10.40% 6.14%2003-04 9.57% 5.15%2004-05 9.93% 6.68%2005-06 8.72% 7.50%2006-07 8.21% 7.99%2007-08 7.83% 7.94%2008-09 7.94% 7.01%

LIFE FUND,SURPLUS AND TAXES PAID ( In Crores)

YEAR LIFE FUNDVALUATION

SURPLUS

5% TO CENTRAL

GOVTTAXES PD TO GOVT

2006-07 5,60,806.33 15,156.19 757.81 4670.8

2007-08 6,86,616.45 16,590.14 829.59 3510.45

2007-08 6,86,616.45 16,590.14 829.59 3510.45

2008-092009-10

8,07,317.439,99,517.59

18,582.3220,618.45

929.121030.92

3348.483625.29

PAY OUT BY LIC CLAIMS• 2009 –10 Rs 53954 CR NO OF CLAIMS 2.11CR • 2010 –11 Rs 52160 CR NO OF CLAIMS 1.83CR

INVESTMENT IN GOVT & SOCIAL SECTOR (CR)

530159 CR

649808 CR

749150 CR

31.03.09

31.03.10

31.03.11

  WZO  

YEARTFPICR % SP

2010-11 8805 622009-10 8865 612008-09 7716 672007-08 7380 492006-07 5898 51

ALL INDIA  

TFPI CR % SP44065 6342960 6235321 6343813 5739542 52

PREMIUM PORT FOLIO

PVT PORT FOLIO CONSISTS OF 90% SINGLE

FIXED DEPOSITAN ATTRACTIVE

INSTRUMENT ?????????????? ?

FIXED DEPOSIT

• KPTL RETURN GRNTEE• SAFTY/SECURTY• TDS• TAXABILITY OF RTRN• LIQUIDITY• INCASE OF DEATH• ATTACHMENT• GOVERNED BY • ASSIGNMENT• COLATRL SECURTY • ON MATURTY• INT RATE GUARANTEE

• FD• 1 LAC ONLY• YES• YES• YES• YES• KPTL• YES• RBI/BNKNG• NO• NO• KPTAL• NO

• BACHAT• FULLY YES• 100%• NO• NO• YES• S A >KPTL• NO • LIC ACT• YES• YES• KPTAL+ LYLT • YES

BIMA BACHAT

FIXED DEPOSIT

• PROTECTION UNDER MWP ACT

• WITHDRAWAL • NO• Y ES BUT 1% MORE

• YES• YES 9% AT PRESENT

BIMA BACHAT

BIMA BACHATAGE 14PRM 100000 SA 138000 RETURN 20.7 % Year 3 20700Year 6 20700Year 9 20700Year 12 20700Year 15 100000 LOYLTY 80% 80000

TAX REBATE 20% OF SA 138000 i.e. 27600NET INVESTMENT100000 -8280 =92720RETURN 22.33%( IF IN 30% SLAB)

5.33% p.a. Simple

TAXATION

• RETURNS AFTER EVERY THREE YEAR Pure Endowment + Pure Term = Endowment

MATURITY --- RETURN OF PREMIUM ?

DEATH CLAIMS

LOYALTY ???????

BIMA BACHAT WITHDRAWALBIMA BACHAT WITHDRAWALAGE 14PRM 100000 ADVANCE 63000SA 138000 BAL O/SRETURN 20.7 % INT PRNCPL 63000Year 3 20700 18900 1800 61200Year 6 20700 18360 2340 58860Year 9 20700 17658 3042 55818 Year 12 20700 16745 3955 51863 Year 15 180000 15559 51863 0

INVESTENT NET RETURN 112578 CAGR WIYHOUT TAX 7.60%

CAGR WITH TAX 9.30%INSURANCE 138000

FD AND BIMA BACHAT• FD 110000• LESS ADV 100000• ADD BACK 63000• NET FD 73000• ADV TO BB 37000

• BB• 100000• 63% ADV 63000• NET BB 37000

RTGSRTGS

NET TRANSACTION Rs 37000COMMISSION TO AGENTS ON Rs 100000 i.e. 5.4%PREMIUM FOR COMPTSN ETC . 100000PREMIUM FOR BRANCH 100000INS TO POL HOLDER ON 138000LOYALTY ON 100000

EVERY YEAREVERY YEAR• INT RECEIVED 9 % ON 110000

9900• LES INT PAID TO BNK 10% ON 37000 3700• LES INT ADJUSTD BCHT 9% 3330• TOTAL 7030

7030• AMOUNT SUBJECT TO TAX

2870

AT THE END OF 15 YEARS  INT RECEIVED 6200*15 93000BACHT RECIEPT 112578BAL OF FD 73000 TOTAL RECEIVABLES 278578

• NET INTREST AVAILABLE FOR CUSTOMER

• INTEREST FROM BANK 9900

• LESS PAID TO BANK 3700

• NET INTEREST AVILABLE TO CUSTOMER 62006200

FD NOT DISTURBED

INSURANCE COVER

TX BENEFT ON INTRST

MATURITY TAX FREE

RETRNS MORE COLATRL SECURTY

EASY LIQUIDITYFULY SECURED

FD INTACT

RECIEVE INTRST

PAY OUT IS LESS

CUSTMR RETAIND

ADV CREATEDCOST REDUCED

EASY TO SELL

NO MONEY CRUNCH

COMMISSION 5.41%

NO LAPSATION FOR

CLUB MEMBERSHIPCREDIT FOR MDRT100% CREDIT FOR

COMPETISION

CUSTOMER BANK AGENTBENEFITS TO IF AGENT SELL BB VIA FD

FD NOT DISTURBED

INSURANCE COVER

TX BENEFT ON INTRST

MATURITY TAX FREE

RETRNS MORE

EASY LIQUIDITYFULY SECURED

CUSTOMER

BANK GETS COMMISSIION 5.4%BANK’S FD INTACT

BANK RECIEVES INTEREST

PAY OUT IS LESS

CUSTOMER IS RETAINED

CREDIBILITY IS ENHANCEDADVANCE CREATED

BANK

EK SE BHALE DO

BACHATAKSHAY•AGE 40 SA 134000 PRM 100000 •RETURN 20 % INT PRNCPL 63000•Year 3 20100 19042 1058 61942•Year 6 20100 18723 1377 60565•Year 9 20100 18306 1794 58771 •Year 12 20100 17764 2336 56436 •Year 15 181710 17058 56436•INVESTENT NET RETURN 108216

• JEEVAN AKSHAY Rs. 63000

PENSION 4366 pa life time

TAX FREE

• BENEFIT TO POLICY HOLDERBENEFIT TO POLICY HOLDER• INVESTED Rs. 100000INVESTED Rs. 100000• FROM BACHAT 15 YRS 108216FROM BACHAT 15 YRS 108216• CAPITAL JEEVAN AKSHAY 63000CAPITAL JEEVAN AKSHAY 63000• PENSION LIFE TIME 4366 p. aPENSION LIFE TIME 4366 p. a• RISK FOR 15 YRS 134000RISK FOR 15 YRS 134000• NO MEDICAL NO MEDICAL • PNSN TAX FREEPNSN TAX FREE

• BENEFIT TO AGENTS BENEFIT TO AGENTS • A) POL 2A) POL 2• B) PRM 163000B) PRM 163000• C) COMSN 3.26% 3260 C) COMSN 3.26% 3260

• D) PRM FOR COMPTSN 100%D) PRM FOR COMPTSN 100%• E) PRM FOR MDRT 10% 163000 E) PRM FOR MDRT 10% 163000 • POL WILL B IN FORCEPOL WILL B IN FORCE• FOR CLUB MEMBERFOR CLUB MEMBER

BIMA BACHAT AS YLY PENSION AGE 25 PRM 100000 SA 134000

RETURN 20.1 % YLY WITHDRAWAL 1 61202 61203 20100 6120 4 61205 6120 6 20100 6120 7 61208 6120 9 20100 612010 612011 6120 12 20100 612013 612014 6120 15 180000 MINUS 14994 BALANCE 165006

BACHATARANGBACHATARANGSingle premiumsSingle premiums

Accumulation periodAccumulation periodAgeAge 10 years10 years 15 years15 years 20 years20 years

Up to 46 years Up to 46 years 756.00756.00 644.00644.00 548.00 548.00

Regular premiumsRegular premiumsAccumulation periodAccumulation period

AgeAge 10 years10 years 15 years15 years 20 years20 yearsUp to 40 yearsUp to 40 years 109.10 109.10 71.40 71.40 51.5051.50

BACHATARANG

BACHATARANG•AGE 40 SA 134000 PRM 100000 •RETURN 20 % WITHDRAW 63000•BALANCE 37000•INVESTENT NET RETURN 15 YRS 108216

• TARANG Rs. 63000 SP

• SA 100000• PENSION8.73% pa life

time AFTER 15 YRS• BENEFIT TO POLICY HOLDERBENEFIT TO POLICY HOLDER

• INVESTED Rs. 100000INVESTED Rs. 100000• FROM BACHAT 15 YRS 108216FROM BACHAT 15 YRS 108216• FROM TARANG 60000FROM TARANG 60000• TOTAL RECIEPT 168216 TOTAL RECIEPT 168216 • CAPITAL TARANG 100000CAPITAL TARANG 100000• PENSION LIFE TIME 8.73% PENSION LIFE TIME 8.73% • 5500 p. a5500 p. a• RISK FOR 15 YRS 234000RISK FOR 15 YRS 234000• RISK FOR LIFE TIME 100000 RISK FOR LIFE TIME 100000 • TAX FREE PENSIONTAX FREE PENSION

• BENEFIT TO AGENTS BENEFIT TO AGENTS • A) POL 2A) POL 2• B) PRM 163000B) PRM 163000• C) COMSN 3.26% 3260 C) COMSN 3.26% 3260

• D) PRM FOR COMPTSN 100%D) PRM FOR COMPTSN 100%• E) PRM FOR MDRT 10% 163000 E) PRM FOR MDRT 10% 163000 • POL WILL B IN FORCEPOL WILL B IN FORCE• FOR CLUB MEMBERFOR CLUB MEMBER

EMPLOYER-EMPLOYEE

• EXPENSES U/S 37(1)• 340 OR 300• ASSIGNMENT• PROCEDURE OF E / E• INTEREST ON LOAN AS

BUSINESS EXPENSES • ANY POLICY, ANY MODE• SHARE HOLDING 50%

INDIVIDUAL AND 75% FLY

• PERQUISITE SEC 17(2) (V)• CLAIMABLE U/S 88• MATURITY/DEATHCLAIM• ON RETIREMENT OR

RESIGNATION

EMPLOYEREMPLOYER EMPLOYEEEMPLOYEEWELFARE WELFARE

AKSHAY AROGYA

BACHAT AROGYA

EMPLOYER EMPLOYEE AROGYA

AKSHAY BACHAT AROGYA

AKSHAY AROGYAAKSHAY AROGYA  A      

100000 7100 pa          SELF 40 SPOUSE 36 CHILD A 14 CHILD B 12  TOT PRM

7100 3480 2016 853 828 71777100 3480 2016 853 828 71777100 3480 2016 853 828 71777100 3480 2016 853 828 71777100 3480 2016 853 828 71777100 3480 2016 853 828 71777100 3480 2016 853 828 71777100 3480 2016 853 828 71777100 3480 2016 853 828 71777100 3480 2016 853 828 71777100 3480 2016 853 828 71777100 3480 2016 853 828 71777100 3480 2016 853 828 71777100 3480 2016 853 828 71777100 3480 2016 853 828 7177

CONTI NUE TILL LIFE TIME OF PROPOSER

AKSHAYBACAHTAROGYA

• CUSTOMERCUSTOMER• ONLY ONE TIME PRMONLY ONE TIME PRM• PRM 100000PRM 100000• 15 YRS RISK 13500015 YRS RISK 135000• HEALTH INS SELF +WIFEHEALTH INS SELF +WIFE• AT 15 YRS 108216 AT 15 YRS 108216 • LIFE TIME PNSN 4473LIFE TIME PNSN 4473• RETRN OF KPTL 63000 RETRN OF KPTL 63000 • TAX REBATE 80DTAX REBATE 80D• TAX REBATE 88 OF BCHTTAX REBATE 88 OF BCHT• GUARANTEED RTRN GUARANTEED RTRN

• AGENTAGENT• PRM 167473PRM 167473• COMSN 4826COMSN 4826• POL 3POL 3• LIVES 2LIVES 2• PRM ELGBLE FOR PRM ELGBLE FOR

MDRT MDRT • PRM ELGIBLE FOR ALL PRM ELGIBLE FOR ALL

COMPTSNS.COMPTSNS.• JVN AROGYA JVN AROGYA

SEPARATE COMPTSN SEPARATE COMPTSN ALSOALSO

• RENEWAL 5% RENEWAL 5% • NO LAPSASNNO LAPSASN

YR  7.1%PNSN

SELF & SPOUS

1 4473 44732 4473 44733 4473 44734 4473 44735 4473 44736 4473 44737 4473 44738 4473 44739 4473 4473

10 4473 447311 4473 447312 4473 447313 4473 447314 4473 447315 4473 4473

BCHT 100000

AKSHAY63000

AROGYA 4473

HOW IT CAN BE MARKETED?

BACHAT AS FIXED DEPOSITEMPLOYER – EMPLOYEEBENEFIT TO EMPLOYERBENEFIT TO EMPLOYEEWITHDRAWAL OF ADVANCEINTEREST PAID ON ADVANCEMONEY BACK TAX FREEMATURITY TAX FREELOYALTY LTGINSURANCE AT NO MEDICALBETTER THAN TERM INSURANCE ASSIGNMENT AVAILABLEYEARLY TAX FREE PENSION FROM AGE 14 ONWARDSPENSION BECOMES TAX FREERs 10000 AS FD IN BACHAT

• GOD BLESS YOU• ALL THE BEST FOR TENSION FREE LIFE

AND ACHIEVEMENT OF YOUR TARGET

• THANK YOU

Hello, Everybody

• Wish You All The Best For Your Business in coming three months.

• Jagdish Mahant