SBI Sudarshan is an endowment policy that provides savings & protection to you and your family. It’s a regular saving for your future. The
insurance plan will protect your family against death risk for the full sum assured.
SBI Sudarshan offers two basic plans
1. Fixed Sum Assured Plan : It allows you to create a regular saving plan that will give you a secure amount at the end of a fixed period, with bonuses as well. In case of the unfortunate event of death before maturity, the nominee will get the sum assured and bonuses till that date.
2. Increasing Sum Assured Plan : The plan is also gives you an option of Cost Of Living Adjustment. It acts as an automatic cover against inflation. The plan allows you to increase the Sum Assured by paying an additional premium compared to the fixed Sum Assured Plan.
Features of SBI Sudarshan Plan
1. SBI Sudarshan is a unique product that offers you an innovative cover which can help you to protect your savings against any financial crisis
2. According to your requirement you have an option for various extra covers.
3. The plan will give you protection against unfortunate terminal or dread illness.
4. With this plan you can plan your children’s future education, marriage expenses and your retirement too.
5. Maturity Benefits :
a. For Fixed Sum Assured (Plan A):- Basic Sum Assured along with Vested Bonus is payable (condition apply).
b. Increasing Sum Assured (Plan B):- Increased Sum Assured @ 5% p.a along with Vested Bonus is payable (condition apply).
Eligibility :
| Parameters |
Minimum |
Maximum |
| Entry Age |
Regular Mode-12,
Single Premium Mode-12 |
Regular Mode-62,
Single Premium Mode-65 |
| Term |
Regular Mode-8
Years,
Single Premium Mode-5 Years |
Regular Mode-30
Years,
Single Premium Mode- 30 Years |
| Sum Assured |
25,000 |
1 Crore |
3. Death benefit : In the event of claim, your nominee would receive full Sum Assured.
4. Rider : No rider is available under this
insurance policy.
Disclaimer: Please note that the information provided is collected from sources publicly available & we believe to be reliable. The website doesn’t warrant the accuracy, reliability & absolute information available on the website. Participation by site visitors or registered customers is on a voluntary basis. The policies are offered by various life Insurance & non-life insurance offering companies and Bimadeals does not seek to, either directly or indirectly, advise, offer, solicit or recommend that any person who is or proposes to become its member should purchase the Policy.
