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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.
Investment plans
- Take the first step to ₹1 Crore
- Plans delivering up to 18% CAGR
- 100% online, Zero paperwork
- Expert help at no extra cost
- 4.8++ Rated
- 15.8 Crore Registered Consumer
- 53 Partners Insurance Partners
- 7.16 Crore Policies Sold
In-Built life cover
Top performing plans˜ with High Returns**
Invest ₹10K/Month & Get ₹1 Crore# Tax-Free*
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Edelweiss Life Investment Plans
- Edelweiss Life Dhan Nivesh Bima Yojana Plan
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:
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|
Minimum |
Maximum |
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Entry Age (Last Birthday) |
18 years |
45 years |
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Maturity Age (Last Birthday) |
28 years |
55 years |
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Policy Term (PT) in years |
10 |
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Premium Paying Term (PPT) in years |
Single Pay |
|
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Yearly Premium |
1000 |
5000 |
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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 2nd 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.
Insurers Offering Investment Plans
Disclaimer: Policybazaar Insurance Brokers Private Limited does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
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29 Sep 2026
While full online updates aren't possible due to mandatory UIDAIEdelweiss Life Traditional Plans Reviews & Ratings
(Showing Newest 10 reviews)
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar Insurance Brokers Private Limited does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI 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