Minimum Deposit
Sum Assured: ₹20,000 to ₹50 Lakh
Maximum Deposit
Max Sum Assured: ₹50 Lakh
Scheme Tenure
Convertible at 5 Years
Tax Status
Sec 80C & Sec 10(10D) Tax-Free
Official Rules & Key Features
- Conversion Option: Convert into Endowment Assurance after 5 years.
- High Whole Life Bonus: ₹76 / ₹1,000 SA per year until converted.
- Loan Facility: Available after 4 years.
- Surrender: Allowed after 3 years.
Eligibility & Who Can Open Account
- Central/State Govt Employees.
- Defense, Armed Forces, Paramilitary.
- PSU & Recognized Private Firm Professionals.
Taxation Rules
Sec 80C tax deduction for premiums. 100% tax-free maturity u/s 10(10D).
Premature Closure
Allowed after 3 years.
Required KYC & Verification Documents
Aadhaar, PAN, Govt ID, Medical report.
Calculate Returns
Estimate exact maturity yield, monthly interest payout, or premium quotes for PLI Suvidha (Convertible Whole Life Assurance).
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