Minimum Deposit
Sum Assured: ₹20,000 to ₹50 Lakh
Maximum Deposit
Max Sum Assured: ₹50 Lakh
Scheme Tenure
Life Cover up to Age 80
Tax Status
Sec 80C & Sec 10(10D) Tax-Free
Official Rules & Key Features
- Highest Bonus: ₹76 per ₹1,000 Sum Assured per annum.
- Sum Assured Range: ₹20,000 to ₹50,000,000.
- Loan Facility: Available after completion of 4 policy years.
- Surrender: Allowed after 3 policy years.
- Conversion: Can be converted into Endowment Assurance (Santosh) after 1 year.
Eligibility & Who Can Open Account
- Central / State Government employees.
- Defense, Armed Forces, Paramilitary staff.
- PSU, Bank, Educational Institution staff & Qualified Professionals (Engineers, Doctors, CA, Lawyers).
Taxation Rules
Premiums eligible for Section 80C rebate. Maturity and death claim payouts 100% tax-free under Section 10(10D).
Premature Closure
Surrender allowed after 3 years. No bonus paid if surrendered before 5 years.
Required KYC & Verification Documents
Service ID / Govt Gate Pass, Aadhaar, PAN, Age proof, Medical Report.
Calculate Returns
Estimate exact maturity yield, monthly interest payout, or premium quotes for PLI Suraksha (Whole Life Assurance - WLA).
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