Nepal’s Independent Life Insurance Portal

Nepal Insurance Authority • Actuarial Valuation & IRD Section 88 TDS Compliant

Life Insurance Policy Maturity Calculator Nepal (Bonus & TDS)

Calculate your estimated Endowment & Money Back Life Insurance Maturity Proceeds in Nepal. Automatically compounds declared annual reversionary bonuses across all 14 licensed life insurers and deducts statutory 5% TDS on net profits under Inland Revenue Department rules.

✓ Live Reversionary Bonus Compounding
✓ Automatic 5% TDS Calculation
✓ All 14 Insurers Compatible

⚙️ Policy Parameters (बीमा विवरण)


Rs. 10,00,000





20 Years





Rs. 70 / thousand

Nepal Life Insurance (NLIC) – ~Rs 70/th
LIC Nepal (LICN) – ~Rs 66/th
National Life Insurance (NLICL) – ~Rs 70/th
Himalayan Life Insurance (HLI) – ~Rs 65/th
SuryaJyoti Life (SJLIC) – ~Rs 66/th
Sanima Reliance Life (SRLI) – ~Rs 63/th
Citizen Life Insurance (CLI) – ~Rs 65/th
Asian Life Insurance (ALICL) – ~Rs 65/th
Reliable Nepal Life (RNLI) – ~Rs 60/th
Sun Nepal Life (SNLI) – ~Rs 60/th
IME Life Insurance (ILI) – ~Rs 60/th
Prabhu Mahalaxmi Life (PMLI) – ~Rs 60/th
MetLife Nepal (American Life) – ~Rs 65/th
Rastriya Jeevan Beema (RJBC) – ~Rs 66/th
— Custom Bonus Rate —

Estimated Total Premium Paid:
Rs. 10,00,000
*Estimated at ~5.0% annual premium rate across policy tenure.

Estimated Maturity Payout Breakdown

Net Payout to Bank (कर कट्टी पछिको रकम)
Rs. 23,30,000
✓ 100% Tax Cleared via ConnectIPS / Bank Wire

Basic Sum Assured:
Rs. 10,00,000
Total Bonus (Rs 70 × 20 yrs):
+Rs. 14,00,000
Gross Maturity Value:
Rs. 24,00,000
5% IRD TDS Deduction (Sec 88):
-Rs. 70,000

How Life Insurance Policy Maturity is Calculated in Nepal

In Nepal, traditional endowment (सावधिक) and money-back (अग्रिम भुक्तानी) life insurance policies participate in the company’s annual actuarial surplus. The maturity payout comprises three statutory components:

1. Basic Sum Assured (मूल बीमाङ्क)
The contractual guaranteed face value chosen at policy commencement, payable upon maturity or premature death.

2. Compounded Reversionary Bonus (कुल बोनस)
Accrued annually per thousand sum assured: (Sum Assured ÷ 1,000) × Bonus Rate × Tenure.

3. Section 88 5% TDS (कर कट्टी)
Inland Revenue Department charges 5% final withholding tax only on the net profit (Gross Payout minus Total Premiums Paid).

Net Maturity Payout = [Sum Assured + (Sum Assured / 1000 × Bonus Rate × Years)] – 5% × [Gross Maturity – Total Premiums Paid]

Benchmark Bonus Rates for 20-Year Endowment Policies (F.Y. 2080/81)

Use these latest audited reversionary bonus rates (रु. प्रति हजार बीमाङ्क) when forecasting your policy maturity:

Life Insurance Company 15 – 19 Yrs 20 – 24 Yrs 25+ Years Full Review
Nepal Life Insurance (NLIC) Rs 60 Rs 70 Rs 82 View Review →
LIC Nepal (LICN) Rs 58 Rs 66 Rs 75 View Review →
National Life Insurance (NLICL) Rs 64 Rs 70 Rs 85 View Review →
Rastriya Jeevan Beema (RJBC) Rs 58 Rs 66 Rs 75 View Review →
MetLife Nepal (American Life) Rs 58 Rs 65 Rs 72 View Review →

Frequently Asked Questions: Policy Maturity & TDS in Nepal

Q: How does the Inland Revenue Department (IRD) calculate 5% TDS on maturity?
Under Section 88 of the Nepal Income Tax Act, 5% TDS is withheld ONLY on the capital gains (Gross Maturity Proceeds minus Total Premiums Paid). Your original principal investment is never taxed.

Q: Are bonus rates guaranteed throughout the policy tenure?
No. Reversionary bonuses are declared annually based on statutory actuarial valuations approved by the Nepal Insurance Authority. Once declared for a given year, however, that bonus is vested and cannot be withdrawn.

Q: What documents are required to claim maturity proceeds in Nepal?
You must submit: 1) Original Policy Bond, 2) Discharge Voucher (दस्तावेज फारम), 3) Copy of Citizenship (नागरिकता), 4) Bank Cheque copy / Account Details for ConnectIPS wire transfer.

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