SBI Life - Saral Pension is an Individual, Participating, Non Linked, Traditional Pension Plan, which offers you finish wellbeing from market unpredictability, by giving you a protected future and an euphoric retirement.

Key Features:

• Ensured Bonus: Guaranteed basic reversionary Bonuses for initial 5 years; @ 2.50% for initial three years and @2.75% for the following two years, of the Sum Assured. Ensured reward will be relevant just to in-compel approaches.

• Vesting (Maturity) advantage: Sum Assured in addition to vested basic reversionary rewards in addition to terminal reward, assuming any. The whole guaranteed conveys an understood ensured loan fee of no less than 0.25% p.a. intensifying every year on the aggregate premiums.

• Passing Benefit: Higher of aggregate premiums paid collected at a loan fee of 0.25% p.a. exacerbated every year in addition to vested reversionary reward in addition to terminal rewards, assuming any or 105% of aggregate premiums paid.

• Life Cover: Option of extra life cover through SBI Life - Preferred Term Rider (UIN: 111B014V02).

• On Vesting, you can purchase prompt annuity from your whole continues or drive upto 33% of the arrangement continues and purchase annuity with the rest.

• Adaptability: You can concede the vesting date upto age of 70 years or augment the collection/deferment$ time of your arrangement

• Charge Benefits: according to winning standards under the Income Tax Act, 1961.

Product Snapshot

Age at Entry
Min: 18 years

Max:
For Single premium: 65 years,
For Regular premium: 60 years

Age at Vesting
Min: 40 years
Max: 70 years

Policy Term
Min:
For Single premium: 5 years,
For Regular premium: 10 years
Max: 40 years

Sum Assured
Min: Rs.1,00,000/-
Max: No Limit

Premium
Min: Rs.7,500 p.a.
Max: No Limit