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#1
4th October 2016, 01:15 PM
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| SBI Endowment Plan
Would you please get details of Shubh Nivesh, Endowment Plan started by State Bank of India so that I can remember easily?
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#2
4th October 2016, 01:41 PM
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| Re: SBI Endowment Plan
As you want to know details of State Bank of India, Shubh Nivesh, Endowment Plan here I will let you know. The State Bank of India Shubh Nivesh, Endowment Plan was started to provide Savings, Income and Insurance Cover to you and your family it also provide flexibility to receive the maturity amount as a lump sum or as a regular income. Age at Entry Min.: 18 years Max.: Endowment Option: RP - 58 years SP - 60 years Endowment with Whole Life option - 50 years Sum Assured Min: Rs.75,000 (x 1,000/-) Max: No Limit Policy Term Min.: Endowment Option 7 (RP) / 5 (SP) years Endowment with Whole life option 15 (RP) / 15 (SP) years Max.: 30 years (Endowment Term). Extended Life Cover upto age of 100 years in case of Endowment with Whole Life option Premium Frequency Loading Half-Yearly: 51.00% of annual premium Quarterly: 26.00% of annual premium Monthly: 8.50% of annual premium Premium Min. Max. Single Premium: Based on the minimum Sum Assured No Limit Yearly: Rs. 6,000 No Limit Half yearly: Rs. 3,000 No Limit Quarterly: Rs. 1,500 No Limit Monthly: Rs. 500 No Limit Address:- State Bank of India 3rd Floor, G Block, Synergy Buidling, Bandra Kurla Complex-Bandra East, Mumbai - 400051, Behind National Stock Exchange Phone:- +(91)-80-26599990 18004253800,1800112211 |