Minimum Deposit
Sum Assured: ₹20,000 to ₹50 Lakh
Maximum Deposit
Max Sum Assured: ₹50 Lakh
Scheme Tenure
15 Years or 20 Years Term
Tax Status
Sec 80C & Sec 10(10D) Tax-Free
Official Rules & Key Features
- 15-Year Term Payouts: 20% at 6th yr, 20% at 9th yr, 20% at 12th yr, 40% + bonus at 15th yr.
- 20-Year Term Payouts: 20% at 8th yr, 20% at 12th yr, 20% at 16th yr, 40% + bonus at 20th yr.
- Full Life Cover: Full Sum Assured payable on death irrespective of survival payouts already received.
Eligibility & Who Can Open Account
- Government & Semi-Government Staff.
- Armed Forces & Defense Personnel.
Taxation Rules
Survival payouts and maturity proceeds 100% tax-free under Section 10(10D).
Premature Closure
No loan facility. Surrender allowed after 3 years.
Required KYC & Verification Documents
Aadhaar, PAN, Age certificate.
Calculate Returns
Estimate exact maturity yield, monthly interest payout, or premium quotes for PLI Sumangal (Anticipated Endowment Assurance - AEA).
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