SBI Investment Plans

SBI offers one time investment scheme through Smart Wealth Builder Life insurance product of bank.

Smart Wealth Builder Life insurance product plans:

Regular Premium
Limited Premium
Single Premium

In Single Premium plan customer have to do investment one time .

Product detail :

Eligibility :
Age at entry :
Min: 7 years
Max:
For Regular Premium & Limited Premium:
60 years

For Single Premium:
65 years

Age at Maturity:
70 years

Policy Term:
Regular & Limited Premium Payment :
10 years, 15 to 30 years (both inclusive)

Single Premium –
5 to 30 years

Premium Payment Term
For LPPT:

5/8 Years for Policy Term of 10 Years.

5/8/10 Years for Policy Term of 15-30 Years (both inclusive)

Regular Premium :
Same as Policy Term

Single Premium :
One-time payment at policy inception

Premium Amount:

Minimum:
Regular premium(Annual):
Rs. 30,000

Limited premium(Annual):
Rs. 40,000

Single premium(Single):
Rs. 65,000

Maximum:
Rs. 3,00,000

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Answered By StudyChaCha Member