Edelweiss Life Dhan Nivesh Bima Yojana Plan

Introduction/Overview
Edelweiss Life Dhan Nivesh Bima Yojana is a traditional Endowment micro insurance plan designed for rural population which provides life insurance coverage and savings facility at low rates.

4.8⁺⁺ Rated
9.7 Crore Registered Consumer
51 Partners Insurance Partners
4.9 Crore Policies Sold

Investment Plans

Guaranteed Tax Savings^Under sec 80C & 10(10D)
Under sec 80C & 10(10D)Invest ₹10k Per Month*
Zero LTCG Tax^

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invest in 100% Guaranteed Return Plans Tax benefits under sec 80C & No Tax on returns*

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We are rated⁺⁺

9.7 Crore

Registered Consumer

Insurance Partners

4.9 Crore

Policies Sold

Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.

Key Features

It is a Single Premium plan with low premiums
Guaranteed Maturity and /or death benefits depending on the amount of premium invested
There are 2 death benefit options of A and B

Benefits

On death, under Option A, 5 times the Single premium is paid and under Option B, 10 times the Single premium is paid to the nominee
On maturity, guaranteed benefit of 2 * single premium for ages 18-35 yrs., 1.90 * single premium for ages 36-40 yrs. and 1.80*single premium for ages 41-45 years is paid under Option A
Under Option B, 1.86 * Single premium for ages 18-35 yrs. and 1.66*single premium for ages 36-40 years is paid
Income tax benefit on the premium paid as per Section 80C and on the claims received as per Section 10(10D) of the Income Tax Act.

Product Specification:

	Minimum	Maximum
Entry Age (Last Birthday)	18 years	45 years
Maturity Age (Last Birthday)	28 years	55 years
Policy Term (PT) in years	10
Premium Paying Term (PPT) in years	Single Pay
Yearly Premium	1000	5000
Sum Assured	5000	25,000

Policy Details

Grace Period: grace period is not applicable

Policy Termination or Surrender Benefit: Policyholder is allowed to surrender the policy from the 2^nd policy year. The Surrender Value will be calculated as a % of the Maturity Benefit ranging from 46% - 92% depending on the year of Surrender

Free Look Period: If you would not be pleased with the coverage, and terms and conditions of the policy, you have the option of canceling the policy within 15 days of receipt of the policy documents, provided there has been no claim.

Exclusions

In case of suicide committed within one year of policy issuance, 90% of the single premium paid is refundable.

Documents Required

Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history.

˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

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Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

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You Get

₹1 Crores*

You Invest

₹10K/month

You Get

₹80 Lakhs*

You Invest

₹8K/month

You Get

₹50 Lakhs*

You Invest

₹5K/month

Average Rating

4.6 / 5

(Based on 1244 Reviews)

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Edelweiss Life Traditional Plans Reviews & Ratings

4.6 / 5 (Based on 1244 Reviews)

(Showing Newest 10 reviews)

Manisha

Bangalore, March 17, 2025

★★★★★

Good for Long term Growth

Best for long term goals. HDFC Life Advantage Fund NFO gives a good growth chance.

Karthik

Chennai, March 17, 2025

★★★★★

Balanced Long term Investment

I invested in HDFC Life Dynamic Advantage Fund. Its balanced but sometimes market changes give negative returns. Better for long term.

Shalini

Bhopal, March 16, 2025

★★★★★

Great Platform for Investment

Policybazaar helped me choose HDFC Life Dynamic Advantage Fund NFO. Great platform for easy investments and the process was simple.

Satyendra

Jodhpur, March 16, 2025

★★★★★

Hassle Free Investment Process

Investing HDFC Life NFOs through Policybazaar is very good. Simple to follow no hassle and good advice from experts.

Priyanka

Indore, March 15, 2025

★★★★★

Flexi Cap Fund

This fund is flexi cap. I like how it adapts to market. Returns are ok but need patience for better growth.

Ramesh

Nagpur, March 15, 2025

★★★★★

Smooth Investment with Policybazaar

Thanks to Policybazaar I invested in HDFC Life Dynamic Advantage Fund NFO smoothly. I like their easy to understand guide.

Arjun

Udaipur, March 13, 2025

★★★★★

Good for Regular Investors

HDFC Life Advantage Fund NFO is a good option for regular investors. Simple to understand.

Shalini

Vadodara, March 12, 2025

★★★★★

Smooth Investment Process

Investing in HDFC Life NFOs was smooth with Policybazaar. Platform is simple and fast. No confusion, good support.

Sudhir

Pune, March 10, 2025

★★★★★

Clear Management Good Returns

I like HDFC Lifes investment plan. Dynamic Advantage Fund gives me good returns with clear management. I am happy.

Subhashree

Mumbai, March 08, 2025

★★★★★

Easy and Quick Investment

Policybazaar made investing in HDFC Life Dynamic Advantage Fund NFO very easy and quick. I am happy with the service.

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