???en.user.selcrs???
SBI Life Insurance India's First and Only Multi-lingual Life Insurance website:  English | हिन्दी | বংলা | தமிழ் | తెలుగు | मराठी | ગુજરાતી | ಕನ್ನಡ | ਪੰਜਾਬੀ | മലയാളം
Home  |  Customer Education  |  Public Disclosures  |  Download Center  |  Sitemap  |  FAQs   |  News
Call Toll Free 1800-22-9090 or 1800-425-9010  |  SMS 'CELEBRATE' to 56161
Find us on :  Twitter  Facebook  
  Individual Plans Group Plans Health Plans About Us Services Careers Contact Us
GROUP PLANS
Corporate Solutions
Group Term With ROP
Group Loan Protection Products
Group Savings Protection Products
Group Micro Insurance Plans
Home > Group Savings Protection Plans > SBI Life - Nidhi Raksha RP

SBI Life - Nidhi Raksha RP
(UIN : 111N041V01)

  Email
 
Introduction
Key Features
Premium Illustration of SBI Life - Nidhi Raksha RP
Brochure for Master Policyholder
Brochure for Group Member
 
 
Introduction
  SBI Life - Nidhi Raksha RP is a unique Plan which will help protect and grow your customer’s savings. This Plan is an excellent tool to ensure that your customer’s savings will accumulate as originally planned, even in the unfortunate event of his/her demise. The powerful protection under this Plan will thus lend a competitive edge to your savings products.
 
 
*Key Features:
 
• Offered to deposit holders of the master policyholder (bank/financial institution)
 
• Cover is available for a term of 1 to 10 years, subject to a maximum cease age of 70 years (age as on last birthday).
 
• Sum Assured starting from as little as Rs.5,000/-, with no maximum limit.
 
• A transparent plan, where the benefit available at any point of time is clearly defined in the Certificate of Insurance (COI) issued to the insured group member.
 
• Cost effective insurance ideally suited to protect planned savings
 
• Nomination facility available for each member
 
• Simple joining process
 
• Attractive Rebates
 
*Certain features may differ for different Master Policies.
 
For more details please dial 1800 22 9090 (Toll Free) or email at info@sbilife.co.in
 
Premium Illustration of SBI Life - Nidhi Raksha RP
 Premium Illustration:
 
Product SBI Life - Nidhi Raksha RP
Master Policy Holder A leading Bank
Nature of deposit Recurring Deposit Account
Age of group member (male) 40 years
Regular Monthly Installment Rs.1000/-
Rate of Interest 8.25%
Term of deposit 7 years
Maturity Value of deposit as per original schedule Rs. 1,13, 709/-
Initial Basic Premium Amount Rs.375/-(based on 0.332% of sum assured)
Yearly Regular Premium Amount^ 0.332% X (Maturity Value of deposit as per original schedule – Accumulated balance in deposit at beginning of each year)
* Applicable Service Tax and Education Cess will be charged additionally
 
Notes:
•
These Basic Premium rates and Benefits are merely for illustration purpose.
 
 
• Premium Rates depend on the characteristics of the group, rate of interest, term of deposit, age and other parameters, and hence will need to be specifically quoted for any bank/financial institution. For specific quotation, please contact SBI Life.
  
• Please note that individual deposit holders interested in the product can be enrolled only through their bank/financial institution.
 
• Please refer to the brochure for details of this Plan. Grant of cover shall be subject to underwriting.

 
 
Buy Policy Online
  Login Area
  Go
   NAVs
  Click here to view the latest Unit Values & Newsletters >>
  Services
  Premium Calculator
  Insurance Calculator
  Tax Calculator
  Child Education Planner
  HLV Calculator
  Retirement Calculator
  Easy Plan Finder
IRDA | Consumer Education Website by IRDA | Life Insurance Council | Product Codes | SFIN Codes | Privacy Policy | Disclaimer | Do Not Call | Customer Feedback
Insurance is the subject matter of solicitation .IRDA Registration no. 111 issued on 29th March 2001.
Registered & Corporate Office: SBI Life Insurance Co. Ltd, Natraj, M.V. Road & Western Express Highway Junction, Andheri (East), Mumbai - 400 069.
©2010 SBI Life Insurance Company Limited. All rights reserved.