Policy Term: 10, 15 to 35 years (both inclusive), Premium Frequency: Yearly / Half-yearly / Quarterly / Monthly, Your Fund Value is boosted, through guaranteed (Conditions Apply*) additions of up-to 210% of Annual Premium. Thanks for sharing your information. The vesting benefit can be utilized in the following four ways: Under this plan, you can take up to 1/3rd of the vesting benefit as tax-free lump sum as applicable under the current income tax regulations. Public receiving such phone calls are requested to lodge a police complaint. He decides to buy SBI Life - Retire Smart with the policy term and premium payment term of 35 years with the annual premium of Rs 50,000. For LPPT Premium Payment option it is categorized in the following manner: For Regular Premium Payment option it is categorized in the following manner: In case you decide to surrender the policy within the first five years then the accrued fund value will be divested and arranged in a discontinued policy fund. The following benefits and coverages are promised under SBI Life Retire Smart Plan: Retire Smart Plan by SBI Life is a non-participating, unit-linked pure pension plan. visitor's particulars could be shared with insurers. SBI’s Life Retire Smart plan is a smart shield plan that helps secure your future with an assured maturity benefit that is secured from market volatility. Get Terminal Additions of 1.5% of Fund Value, at maturity/vesting or on earlier death. SBI’s Life Retire Smart plan is a smart shield plan that helps secure your future with an assured maturity benefit that is secured from market volatility. Insurance is the subject matter of Reproduction of news articles, photos, videos or any other content in whole or in part in any form
You have the following options on Maturity / Vesting: To purchase immediate annuity, from the entire policy proceeds, To purchase a single premium deferred pension product, from the entire policy proceeds, To purchase immediate annuity with an option to commute up-to one-third of the policy proceeds, as per current Income Tax rules. It guarantees 101% of all premiums paid on vesting and also protects your funds from market volatility. ^All the references to age are age as on last birthday. Utilize the entire proceeds to purchase a single premium deferred pension product. On extension of accumulation period or deferment of the vesting date, the entire proceeds will be invested in the Money market Pension Fund II. Minimum Entry age of 30 years and a maximum entry age of 70 years is allowed. The systematic investments in the form of premiums are accrued to build a solid retirement corpus. If the said content contains any mistakes, omissions, inaccuracies and typographical errors, etc. For more details on the risk factors, terms and conditions please read the sales brochure carefully before conducting a sale. The information, material, advices, suggestions, illustrations notifications, circulars etc. These are not guaranteed and they are not higher or lower limits of returns. The Quotes, Limited Pay- 5/8 Years (policy Term 10 Years), 5/8/10/15 Years (policy Term 15 To 35 Years), Regular Pay- Equal To Policy Term, Annually, Semi Annually, Quarterly & Monthly, For Regular Premium Payment- Rs 24,000 (annually), For Limited Premium Payment- Rs 40,000, 15 Days/30 Days (for Distance Marketing Channel) From The Receipt Of The Policy, Boost the fund value through guaranteed additions, Guarantees 105% of total premiums for death claim. Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Positional and Intraday Trading Calls basis Noiseless Chart, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation, NAV as on Nov-25-2019: Rs 16.52560 | NAV as on Nov-24-2020: Rs 18.156.