HDFC SL ProGrowth Maximiser - Single Premium ULIP Plan

The HDFC SL ProGrowth Maximiser – Single Premium ULIP plan is a single premium plan offering market-linked returns. In this plan, the insured can invest the premiums in the funds of his choice and can receive the fund value on the maturity of the plan. This plan provides the benefit of paying Single-Premium Top Ups. The HDFC SL ProGrowth Maximiser – Single Premium ULIP helps to give optimum returns and guarantee the financial protection of the family of the insured in his absence.

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    Guaranteed Tax Savings^

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

    Zero LTCG Tax^

    Unlike 10% in Mutual Funds
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HDFC SL ProGrowth Maximiser Details:



Policy Tenure

10 years

Premium Paying Term

Single pay

Premium Paying Mode

Not Applicable for Single Premium pay

Entry Age

14 -65 years

Maturity Age

Max: 75 years 

Grace Period

Not Applicable for Single Premium pay

Sum Assured

Min: Entry Age less than 45 years: 125% x Single Premium 

         Entry Age equal to 45 years and above: 110% x Single Premium

Max: 10 times the Single Premium


Lump-sum or Partial Withdrawals are allowed from the insured's funds after 5 years from the date of premium payment.

Benefits of the HDFC SL ProGrowth Maximiser - Single Premium ULIP Plan

  • Maturity Benefit: When the policy ceases at the end of the term, the Fund Value prevailing on the date of maturity will be paid to the insured. It can be taken in instalments over 5 years, paid monthly, quarterly, half-yearly, or annually.  The Fund Value will depend on the investments chosen by the insured and will be subject to investment risk.  
  • Death Benefit: In the unfortunate event of the death of the insured, the death benefit will be paid to the nominee, which is calculated as:
  • If the insured was below 60 years of age, he is entitled to the higher of the Total Fund Value or the Sum Assured after removing all withdrawals done during the 2 years preceding the date of death except top-up fund value. 
  • If the insured is equal to or above 60 years of age, he is entitled to the higher of the Total Fund Value or the Sum Assured after removing all withdrawals done after age 58 except top-up fund value. 

The Minimum Death Benefit under this plan will be 105% X paid premiums, including top-ups.  

  • Partial Withdrawal Benefit: the insured can make lump sum partial withdrawals from the funds after 5 years post the premium payment date subject to the conditions specified in the policy document. 
  • Surrender Benefit: If the policyholder surrenders the policy after 5 years, then the Fund Value will be paid to him.  

If the policyholder surrenders the policy before the end of 5 years from commencement, the fund value will be moved to the "Discontinued Policy Fund" and will earn a minimum guaranteed return specified by the IRDAI. This Fund value will be paid to the insured at the end of the 5th policy year. In case of the death of the policyholder, before the Surrender Benefit is paid, the amount in the discontinued policy fund will be paid out right away. 

  • Tax Benefit: The premiums paid, and the benefits received through the HDFC SL ProGrowth Maximiser Single Premium ULIP Plan are eligible for tax benefits, as per Section 10(10D) and Sec 80 C of the Income Tax Act, 1961*.

*Tax benefit is subject to changes in tax laws

*Standard T&C apply

The premium for HDFC SL ProGrowth Maximiser - Single Premium ULIP Plan

The Minimum Premium payable under this policy is Rs. 50,000 P.A and the Maximum Premium payable has no limit and is as per the board approved guidelines.

The Minimum Single Premium top-up allowed under this policy is Rs. 10,000, and the Maximum Single Premium Top-up per policy allowed has no limit. 

Applicants can use HDFC SL ProGrowth Maximiser Single Premium ULIP Insurance calculator available online to get an idea about the exact Premium to be paid based upon the details provided.

*Standard T&C apply

Additional Riders for HDFC SL ProGrowth Maximiser - Single Premium ULIP Plan

There are no additional riders that can be availed under this policy.

Eligibility for HDFC SL ProGrowth Maximiser - Single Premium ULIP Plan

Entry Age: 14 years to 65 years

Maturity Age: Maximum 75 years

What are the documents required to buy this policy?

To buy HDFC SL ProGrowth Maximiser – Single Premium ULIP Policy, applicants must provide:

  • Documents for identity proof such as Aadhar card, Passport or Driver's License
  • Documents for address proof such as Aadhar card, passport, driver license or voter ID
  • Documents for income proof such as salary slips and Income Tax returns

How to buy this plan online?

The subscriber must follow the steps given below to buy online HDFC SL ProGrowth Maximiser – Single Premium ULIP Plan:

  • Visit the official website of HDFC bank and Login to NetBanking.
  • Click on the "Insurance" tab and choose the HDFC SL ProGrowth Maximiser – Single Premium ULIP Plan.
  • Fill in the personal and policy details to get the estimated Premium to be paid
  • Make the premium payment and secure the copy of the policy.  

Exclusions of HDFC SL ProGrowth Maximiser - Single Premium ULIP Plan

HDFC SL ProGrowth Maximiser – Single Premium ULIP Insurance reviews suggest that it is quite a comprehensive plan; it does have suicide exclusion.  

In the event of the death of insured due to suicide within a year from the policy commencement date or the policy revival date, the nominee of the policyholder will be eligible for receiving the Fund Value as on the date of death. Any charges recovered post-death of the insured will be paid back to the beneficiary along with the death benefit.  


*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Please note that the quotes shown will be from our partners
*Tax benefit is subject to changes in tax laws
^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.
~Source - Google Review Rating available on:-

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Average Rating
(Based on 26 Reviews)
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HDFC SL ProGrowth Maximiser - Single Premium ULIP Plan Reviews & Ratings

4.1 / 5 (Based on 26 Reviews)
(Showing Newest 10 reviews)
, September 02, 2021
Proactive helpdesk
While purchase HDFC Life Click 2 Protect Life plan from policy bazaar, I wanted to check the policy specifications. As soon as I contacted the helpdesk, the executive resolved my queries and sent the policy brochure to my email for future reference. Such a proactive team highly impressed with them.
Adoor, March 19, 2019
A good retirement plan
As said “Easy comes, easy go” therefore i choose to invest in HDFC Life ULIP Plans. As per company plans it will pay higher than the fund value of all premium paid. I found HDFC Life ULIP Policy attractive and a good retirement plan.
Mishrpur, September 21, 2016
I found nice ulip insurance policy which i took from hdfc standard life insurance. Premium of the policy is very less. Payback is very good and the policy coverage is high. Claiming process is easy and amount is good after maturity of insurance policy.
Korba, August 22, 2016
The ulip insurance plan of mine is fantastic which has low premium and come's in less investment too. The hdfc life insurance is the best terms and conditions which facilitates me many benefits. The policy coverage is high approx. 90% and easy online renewal is possible with online portal.
Gurgaon, May 06, 2016
best service
overall best service good conversation with the financial adviser...
Raipur, April 15, 2016
Fantastic plan
My ulip policy plan is really nice, i.e., HDFC standarad life insurance. It has good benefits and services. Policy coverage is 89% and claims are around 39 L. Service is very good and fast that's why the work is done in very shot time period. I like it.
Jalpaiguri, April 15, 2016
I have ulip plan from hdfc standard life insurance. The plan works for me. Policy coverage is also good with claiming amount of Rs.41 L. Service provided by you is awesome and fabulous with fast interface. Good future investment.
Chattarpur, April 15, 2016
Better Plan
My ulip policy plan is from hdfc standard life insurance and the policy is the best because the policy has many benefits like the accident insurance is inbuilt in this policy. Policy coverage is high 89% and the premiums are low. Claims are 1.25 times of the investment. The service is fast and very quick. Great job guys.
Pondicherry, April 15, 2016
Above Average
The hdfc life ulip plan policy i have and happy to own it. The policy coverage is 81% and the claims are normal. Services are little bit slow provided by the staff members. Good future investment which saves tax also. Just improve the services and even the web services are better. Good Work.
Karnal, April 15, 2016
Policy premiums are low and the claims are high. HDFC ulip policy plan facilitate the people provide good response. One of my friend introduced this company for insurance. Getting reminders regularly and sum assured is double. Accidental and risk coverage is there. Good service by executives. I like it.

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