SBI Subh Nivesh
|SBI Subh Nivesh is a product that is offered under the SBI Life Insurance. It is basically a type of endowment plan which comes with the facility of providing you insurance coverage, regular income as well as savings not only to you but also to all your family members. By choosing this plan you not only starts saving for future, but will also receive a lump sum amount on the maturity of the plan. This plan offers you the option of either choosing a single premium policy or a regular premium paying policy depending upon your financial flexibility. Not only this, you also enjoy tax benefits under the Income Tax Act, 1961. Not only this, it also provides you with the option of buying your policy online and make the online payment of your premium.
There are many benefits of opting this plan like maturity benefit where the policy holder is given the option of either choosing the endowment plan or the Whole life endowment plan, you can defer the maturity payment option by a period of 5,10, 15 and 20 years with the existing market rates. By choosing the SBI Subh Nivesh you will choose just the right life insurance plan for you.
Following are the types of plans that are offered under the SBI Subh Nivesh:
For the convenience of the customers given below is an illustration of the SBI LIC Subh Nivesh Scheme. In addition to this you can also visit the website of SBI Life Insurance and see the Generic benefit illustration table of SBI life Subh Nivesh
- Endowment Assurance: This is a type of endowment plan where the entire insured amount along with the bonuses will be paid either on the death of the insured or at the end of the endowment plan.
- Whole Life Endowment: Under this plan the policy holder will be asked to accept the policy plan in the proposal stage. The insured amount will be paid to the policy holder only at that point of time when he attains 100 years of age or on his death whichever is earlier.
|Sum Assured||Rs.75,000||No limit|
|Policy Term 5 years||30 years|
|Maturity Age||23 years||65 years|
|Entry Age||18 years||60 years|
SBI Shubh Nivesh Calculator
The SBI Subh Nivesh premium calculator enables you to calculator the exact amount of premium that you need to pay. You can make use of the calculator by visiting the website of the bank. In the calculator you will only have to enter certain details like prospers name, type of plan that is chosen endowment or whole life option, date of birth, gender, policy term, premium frequency, term for preferred term rider along with the PTR sum assured etc and submit it. The calculator will calculate the premium amount taking all these factors in to consideration and will provide you with the result within a few seconds.
SBI Shubh Nivesh Complaints
If you want to know more in details about the various schemes or want to register your complaints regarding the SBI Subh Nivesh then you can dial the toll free numbers 1800-22-9090 and 1800-425-9010 from 9am to 9pm on all days or can also send an SMS typing CELEBRATE to 56161. You can also send your valuable feedback to firstname.lastname@example.org
In addition to this you can also write a postal mail to the below mentioned address:
SBI Life Insurance Co. Ltd,
M.V. Road & Western Express Highway Junction,
Andheri (East), Mumbai - 400069
You can also visit the website of the bank at anytime and know more in details about the SBI Subh Nivesh and also read the various insurance plan reviews of the various policyholders.
Last Updated On: 2012/09/21