Sahara Dhan Varsha Jeevan Bima Plan

Sahara Dhan Varsha Jeevan Bima Plan is a traditional non-participating Money-back Plan which provides periodical payouts to meet liquidity requirements and at the same time providing life insurance benefits

Read more
Best Investment Plans
  • Save Upto ₹46,800 in tax under Sec 80C

  • Inbuilt Life Cover

  • Tax Free Returns Unlike FD

*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
Buy Online & Get upto 4% extra#
Get Guaranteed returns along with life cover
invest in 100% Guaranteed Return Plans Tax benefits under sec 80C & No Tax on returns*
+91
View Plans
Please wait. We Are Processing..
Plans available only for people of Indian origin By clicking on "View Plans" you agree to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs #Discount offered by insurance company Tax benefit is subject to changes in tax laws
Get Updates on WhatsApp
We are rated
rating
58.9 million
Registered Consumers
51
Insurance
Partners
26.4 million
Policies
Sold

Key Features

  • It is a non-participating plan with Limited Premium payment option

Benefits

  • On maturity, 30% of the Sum Assured is payable to the policyholder
  • On death of the policyholder ,the full Sum Assured is paid to the nominee subject to a minimum of 105% of all premiums paid
  • Survival benefits accrue in the 3rd, 6th, 9th and 12th policy year @ 10%, 15%, 20% and 25% respectively for a 15 year plan
  • For a 20 year term, survival benefits accrue in the 4th, 8th, 12th and 16th policy year @ 10%, 15%, 20% and 25% respectively
  • 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 (Nearest Birthday)

15 years

55 years

Maturity Age (Nearest Birthday)

-

70 years

Policy Term (PT) in years

15 and 20

Premium Paying Term (PPT) in years

10 and 15 respectively

Premium Paying Frequency

Yearly, half-yearly, quarterly, monthly

Yearly Premium

Depends on SA, age and term

Sum Assured

75,000

No limit

Details About Premium

Annual premium in Rupees for a policy term of 15 years and PPT of 10 years

Age

Premium

Sum Assured

Survival Benefits

Maturity benefit

35 years

8503

100,000

10,000, 15,000, 20,000 and 25,000 in the 3rd, 6th, 9th, 12th year

30,000

Policy Details

Grace Period: 15 days grace period is allowed for monthly modes and 30 days for other modes

Policy Termination or Surrender Benefit: Policyholder is allowed to surrender the policy after 3 years. The Surrender Value will be higher of the Guaranteed Surrender Value or the Special Surrender Value.

GSV = 30% of premiums paid if surrendered in 3rd year

          50% of premiums paid if surrendered in 4th to 7th year

          50% and increasing by 6% or 4% if surrendered in 8th year and beyond for 15 or 20 year term respectively

All the values will include GSV of vested bonuses

SSV = 100% of paid-up value including vested bonuses

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.

Additional Features or Riders

  • Rebates in premium for yearly and half-yearly mode of premium payment @ 3% and 1.5% respectively

Inclusions

  • Loan facility is not available

Exclusions

  • In case of suicide committed within 12 months of policy inception only 80% of premiums paid are returned to the nominee.

Documents Required

Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history along with the address proof and other KYC documents. Medical examination may be required in some cases, based on the sum assured and the age of the person.

Investment Plan
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Investment Plan 2
Average Rating
(Based on 0 Reviews)
Investment Plan 3

Investment plans articles

Recent Articles
Popular Articles
Investment Calculator

17 Mar 2023

An investment calculator helps an individual to determine the
Read more
Types of Endowment Life Insurance Policy

07 Feb 2023

An endowment plan is an infamous life insurance policy available
Read more
Wealth Creation

06 Feb 2023

The term 'wealth' has different meanings. Wealth could be the
Read more
Best Way to Invest 20,000 Rupees

31 Jan 2023

Saving is a primary goal, especially for a middle-class
Read more
Best Investment Plan for Students

31 Jan 2023

People are dependent on different sources of income for wealth
Read more
Best LIC Policies For Investment in 2023
LIC Policies for investment are the best option to invest your hard-earned money. As LIC is a government-backed
Read more
Post Office Monthly Income Scheme - MIS Interest Rate 2022
Post Office Monthly Income Scheme (POMIS) is an investment scheme of the Indian postal service. It promises the
Read more
Short Term Investments Options
Short-term investments can be described as temporary investments or marketable securities, which can be easily
Read more
Best NRE Savings Accounts for NRIs in 2023
India is a growing economy and is getting a lot of global recognition these days. It has shown immense growth in
Read more
Ways to Double Your invested Money
One of the main reasons we invest money is to save it and watch it grow. However, with low interest rates from
Read more

top
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL