Thanks Rahul for your comment,

What is the mean by paidup and surrender value, only after 3 years? what I will be getting on both the case so I can calculate if any loss on the paid premium.

Policy quarterly premium : Rs 6384 (annual amount 25,536)
Term : 20 years
Sum assured : 5 lakhs

So based on above mentioned figure, my paid premium will be Rs 76608 in 3 years.

Please suggest.