Hello Ashish, thanks for reaching out. HDFC Life Sanchay Par is a non-linked, non-participating life insurance plan that offers guaranteed returns to the policyholder. It is a savings-oriented plan that helps individuals to meet their long-term financial goals while providing life insurance coverage.

The plan provides policyholders with a guaranteed maturity benefit that includes the sum assured along with any bonuses declared by the insurer. The policy term for HDFC Life Sanchay Par ranges from 10 to 25 years, and the premium payment term can be either single pay or limited payment options.

The policyholder has the option to choose from three payout options at the time of policy maturity - lump sum, regular income, or a combination of both. The policy also offers a death benefit that is payable to the nominee in case of the policyholder's untimely demise during the policy term.

The minimum age at entry for HDFC Life Sanchay Par is 30 days, and the maximum age at entry is 60 years. The maximum maturity age for the policy is 75 years. The policy also allows policyholders to take loans against the policy, subject to certain conditions.

Overall, HDFC Life Sanchay Par is a savings-oriented insurance plan that offers guaranteed returns along with life insurance coverage. It is important to carefully review the policy terms and conditions to ensure that the plan meets your financial goals and needs.

Hope this helps.