SBI Investment Plans
- Explore SBI Life Company features
- Product portfolio
- Buying and Claim Process
SBI Investment plans are one of the renowned and trusted choices of customers when it comes to securing their future. Since 2001, the company has looked after every insurance and investment need of its customers and offers solutions for the same through its wide variety of Insurance products. SBI Investment plans allow you to get the desired protection and opportunities for wealth creation. A part of the premium paid is used to provide you with insurance coverage and the rest of the amount is invested in the financial instrument as per your risk-taking capacity.
Various plans such as SBI Investment plans for 5 years and SBI Investment plans for 7 years help you to build the financial corpus for the future- be it for your child's marriage, education, or retirement savings. SBI investment plans offered by SBI Life allow an individual to gain dual benefits of investment and insurance. You get the advantage of saving your money for the future as well as increasing your wealth corpus by investing in the market.
Moreover, SBI Life's savings and investment plans come with a greater number of options to choose from, whether it is the funds for investment, the sum assured, the premium payment terms, etc.
SBI Investment Plans ensures to look after your investment needs by offering:
Good Returns
Riders Benefits
Additional Benefits
Tax Benefits
Minimum Age - 5 year
80 years
Minimum term - 6 years Maximum term - 30 years
5 to 12 years
Annual, half-yearly,
Rs 50,000 to No limit
To cater to the dynamic insurance needs of an individual and their family, SBI Investment comes with a range of plans. This allows their customers to choose an ideal plan for themselves. The company ensures to offer a plan for everyone.
| Plan | Entry Age | Tenure | Minimum Sum Assured | Unique Features |
|---|---|---|---|---|
| SBI Shubh Nivesh Plan | Minimum Age - 18 years Maximum Age - 60 years | Minimum term - 10 years Maximum term - 30 years | Rs 75,000 |
|
| SBI Smart Money Back Goal | Minimum Age - 14 years Maximum Age - 55 years | Minimum term - 15 years Maximum term - 25 years | Rs 2,00,000 |
|
| SBI Smart Platina Assure | Minimum Age - 18 years Maximum Age - 50 years | Minimum term - 12 years Maximum term - 15 years | Rs 3 lakh |
|
| SBI Smart Bachat | Minimum Age - 3 years Maximum Age - 50 years | Minimum term - 15 years Maximum term - 30 years | Rs 2 lakh |
|
Here is a quick overview of the SBI Investment Plans listed in the above table.
SBI Life Shubh Nivesh is a non-linked, participating, and individual life insurance policy that offers Triple Benefits to the policyholders. The plan comes with multiple benefits where one can get whole life insurance coverage, savings, and regular income under a single plan.
There are multiple benefits of SBI Life Investment Plans. Read below to understand the plethora of advantages provided by the insurer.
Returns on investment plans are usually better if you compare them to other available investment options. Invest in any SBI Life investment plans that offer maximum coverage at lower premiums.
Rider benefits are available under SBI Life investment plans. You can add riders like critical illness rider, accidental death, a total and permanent disability rider to get extra coverage.
SBI Investment Insurance plans offer various coverage options, allowing you to select a plan that meets your needs.
You can get a discount for a higher sum assured and for on-time premium payment. The plans provide a premium waiver in case of the total and permanent disability in case of an accident. The survival benefits, death benefits, and maturity benefits provided under the SBI investment plans are unbeatable.
Investment plans allow the insured to claim tax benefits. One can get a tax exemption benefit for the premiums paid under section 80C of the Income Tax Act, 1961. The amount you receive on the maturity of the policy is also tax-free under section 10 (10) D of the Income Tax Act, 1961.
| Name of the Rider | Benefits |
| SBI Life Accidental Death Benefit Rider | In case of your demise due to the accident, your family can receive additional income benefits over and above your sum assured. |
| SBI Life Accidental Total & Permanent Disability (ATPD) Benefit Rider | This rider provides protection against disabilities. In the unfortunate event of ATPD, the rider sum assured is paid but the policy and other benefits continue. |
A penny saved is a penny earned. Save your money with SBI Life Shubh Nivesh Plan and meet your long-term financial goals. SBI Life Shubh Nivesh is a n...
Unique Features
Your Family Depends on you! Ensure to give them a life you have dreamt of. With SBI Life Smart Money Back Gold, invest your money and get higher retur...
Unique Features
Don't save money to Save. Save Money To Invest & Fulfil your Long-term Goals. With SBI Life Smart Platina Assure, give your family an assurance th...
Unique Features
Save yourself and your family from the rising inflation with SBI Life Smart Bachat. It is important to plan for future savings and expenses wisely whi...
Unique Features
Here is the list of documents required to buy SBI Life Investment Plans:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
SBI Investment Plans allows you to buy life insurance plans via two platforms. You can either buy the plan online from the official website of the company or through third-party intermediaries like agents, brokers, etc. Given below is a detailed explanation of both these types of buying processes.
Visit the official website of PolicyX.com.
Click on the ‘Investment’ tab.
A new page will appear on the screen.
Fill out the form at the top of the page with the necessary details.
Select your income and city. Click on 'Proceed'.
Update your education and occupation details.
Choose your preferred plan and click on 'Buy this plan'.
Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.
Visit the official website of SBI Life Insurance Company.
Click on ‘Products’ on the navigation bar and select the plan you want to buy.
Click on the ‘buy now’ button and fill in the required details.
Tap on 'next' and select a plan as per your requirements.
Select the cover option you want and make your payment. Once the payment is made, you will get a payment confirmation at your registered email address.
If you have any more queries regarding SBI Investment Plans ,
Renewals, or Claim Procedures, contact our insurance experts at:
1800-4200-269 now!
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Naval Goel is the Founder and CEO of PolicyX.com (IRDA- Approved Insurance Comparison Website). He is a CFA charter holder (USA) and FRM (GARP). He holds an MBA from IIFT, Delhi, and is also an Associate from the Insurance Institute of India. Naval is an avid investor and entrepreneur who has a deep understanding of the Indian equity market and insurance sector. He has been investing for more than 10 years now and is a CFA charter holder.
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