PLI Endowment Assurance (Santosh) Calculator

Select Policy

Age (Years)

Age should be between 18 and 60 years

Sum Assured (₹) Minimum sum assured is ₹10,000

Policy Term (Years) Term should be between 5 and 35 years

Premium Payment Mode

Complete Calculation Results

Monthly Premium: ₹0

Quarterly Premium: ₹0

Half-Yearly Premium: ₹0

Yearly Premium: ₹0

First Year Premium Details

                                First Year Premium:
                                ₹0
                                Includes taxes and charges
                            

GST (4.5%): ₹0

Total Installments

Maturity Details

                                Sum Assured:
                                ₹0
                            

Expected Bonus: ₹0

                                Total Maturity Amount:
                                ₹0
                            

Total Amount Paid

Monthly Mode: ₹0

Quarterly Mode: ₹0

Half-Yearly Mode: ₹0

Yearly Mode: ₹0

Available Facilities

Loan Facility

Available after 3 years up to 90% of surrender value

Tax Benefits

Under Section 80C and 10(10D) of Income Tax Act

Surrender Value

Available after payment of premium for 3 years

Optional Riders

Accident, disability benefit riders available

Detailed Information: Endowment Assurance (Santosh)

The Endowment Assurance (Santosh) plan offers an ideal mix of safety and savings. It guarantees that the sum assured, along with any bonuses accrued, will be paid out at maturity or to your nominees if you pass away during the policy term.

Age Eligibility: 18-60 years

Sum Assured Range: ₹10,000 and above (no upper limit)

Policy Term: 5-35 years

Current Bonus Rate: ₹70 per ₹1,000 sum assured per year

Additional Benefits

Loan Availability: Available after completing 3 years up to 90% of surrender value
Surrender Option: Policy may be surrendered after 3 years with accumulated bonuses
Premium Payment Modes: Monthly, Quarterly, Half-yearly, or Yearly as per your convenience
Tax Benefits: Premiums paid qualify for tax deduction under Section 80C, and maturity benefits are tax-free under Section 10(10D) of Income Tax Act
Optional Riders: Accident benefit, disability benefit riders available for enhanced protection

Key Features of PLI Endowment Assurance

Age range: 18-60 years

Policy term: 5-35 years

Sum assured: ₹10,000 and above

Current bonus rate: ₹70 per ₹1,000 sum assured

Maturity benefit: Sum assured plus bonus

Death benefit: Sum assured plus bonus

Policy Details

Features & Benefits

Maturity benefit with bonus
Death benefit with bonus
Loan facility available
Tax benefits under Section 80C
Optional riders available

Eligibility

Age: 18-60 years
Minimum Sum Assured: ₹10,000
Policy Term: 5-35 years
Premium Payment Modes: Monthly, Quarterly, Half-Yearly, Yearly

Documents Required

Age Proof
Identity Proof
Address Proof
Recent Photographs
Medical Reports (if required)