Minimum Deposit
Sum Assured: Max ₹1 Lakh
Maximum Deposit
Max ₹1 Lakh per child
Scheme Tenure
Child Age 5 to 20 Years
Tax Status
Sec 80C & Sec 10(10D)
Official Rules & Key Features
- Future premium waiver on parent death
- Max ₹1 Lakh SA
- Bonus ₹48/1K SA.
Eligibility & Who Can Open Account
- Children aged 5 to 20 years of RPLI policyholders.
Taxation Rules
100% Tax-Free maturity u/s 10(10D).
Premature Closure
Surrender after 3 years.
Required KYC & Verification Documents
Child Birth Certificate, Parent RPLI policy.
Calculate Returns
Estimate exact maturity yield, monthly interest payout, or premium quotes for Gram Bal Jeevan Bima (Rural Children Policy).
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