Attributes of Jeevan Nidhi Pension Plan a. Death Benefit on death before annuity vests: On the death of the Life Assured during the deferment period of the policy, i.e. before the annuity vests, an amount equal to the Sum Assured under the Basic plan along with the accrued Guaranteed Additions, simple Reversionary Bonuses and Terminal Bonus, if any, will be paid in a lump sum to the appointed nominee, provided the policy is in force for full Sum Assured. Nominee will also have the option to purchase an annuity with this amount. b . Guaranteed Additions: Guaranteed Additions @ Rs.50/- per thousand Sum assured for each completed year, for the first five years. c. Participation in profits: The policy shall participate in profits of the Corporation from the 6th year onwards and shall be entitled to receive bonuses declared as per the experience of the Corporation. d. Benefit On Vesting: 1 . Annuity as per the option selected: Annuity on the balance amount if commutation is exercised,... Read More

  As the name explains “LIC’s Bima Account – I ” is a simple non-linked plan under which you can be covered without undergoing any medical examination subject to certain conditions. Under this plan, the premiums paid by you, after deduction of charges, will be credited to the Policyholder’s Account maintained separately for each policyholder. The risk cover will be provided by deduction of mortality charges from the Policyholder’s Account. If all due premiums are paid, the amount held in your Policyholder’s Account will earn an annual interest rate of 6% p.a. which will be guaranteed for whole of the policy term. In addition to this guaranteed return, if all due premiums are paid, your account may earn an additional return depending upon the experience under this plan. You will also have an option to pay additional (Top-up) premiums without any increase in risk cover. Loan facility will also be available immediately after first policy anniversary. PAYMENT OF... Read More

MODES OF PREMIUM PAYMENT OF LIC POLICIES ATM PAYMENT ATM facility for payment of premium has been introduced in December,2003 with as Service provider. This is a facility was extended with UTI BANK(now AXIS BANK) from February 2004. This facility is absolutely free for all customers. No any charges are to be paid to LIC / Bank for this facility. Customer has to register his policies through the bank website. Registration data as per the required format/mandate from the bank is to be submitted to the bank. Bank sends the registration data for all the policies newly registered on next working day to PCMC in required format. Policies with Ordinary Mode of payment i.e. Yearly, Half-Yearly and Quarterly Mode of payment are allowed under this scheme. Policies with Mly Ordinary and SSS Mode are not allowed under this scheme. Policy should be in-force at the time of registration. ULIP policies and Health plans are not allowed under this scheme. If premium is already paid through any other... Read More

LIC JEEVAN AROGYA FAMILY HEALTH INSURANCE Key features of Jeevan Arogya - It is a complete family insurance. You can insure youself, your spouse, your children, your parents and you can also cover your spouse’s parents as well. - You can choose the amount of insurance, whichever best suits you. - You can choose the form of payment as in yearly, half yearly, quaterly or monthly whichever mode suits you. - Insured will receive benefits up to 80 years of age and children up to the age of 25. Very easy to choose your plan Step 1 Choose the level of Health cover you need Step 2 Work out the premium payable along with our Representative Step 1: Choose the level of Health cover you need: You can choose the amount of Initial Daily Benefit (i.e. the daily Hospital Cash Benefit applicable in the first year of the policy) as per your need from out of the following choices: ` 1000 per day ` 2000 per day ` 3000 per day ` 4000 per day This is the amount that will be payable to you in the... Read More

AEGON Religare Rising Star Plan Details & Features AEGON Religare Rising Star Plan aims to help you in doing just that. It not only makes provisions for your children’s future but also ensures that their future remains secured. The annual premium must be a minimum of Rs.12000 for regular policies that are paid every year or a minimum of Rs.50000 for a one-time policy investment. The premiums paid and the benefits received under the policy will be eligible for tax benefits as applicable from time to time. The Minimum Entry age for a child is 0 years and maximum is 15 years and for parents the minimum entry age is 18 years and maximum is 60 years in which case the maximum possible maturity age is 75 years. You can partially withdraw money after first 5 policy years. The maximum amount of partial withdrawal allowed in any policy year is 20% of the fund value at the beginning of that policy year. On maturity, you receive the fund value existing on maturity. If you do not wish to... Read More

INDIAN OVERSEAS BANK IOB TERM DEPOSIT INTEREST RATES 7 Days – 14 days (only for single deposit of Rs.1.00 lakh and above) – 4.50 15 days – 29 days – 4.50 30 days – 45 days – 6.25 46 days – 60 days – 6.25 61 days – 90 days – 6.25 91 days – 120 days – 7.250 121 days – 179 days – 7.00 180 days – 269 days – 7.25 270 days – 332 days – 7.50 333 days – 8.25 334 days – < 1 year – 7.50 1 Yr – 443 days – 9.25 444 days – 9.25 445-554 days – 9.25 555 days – 9.25 556 days -<2yrs – 9.25 2 Yrs – to 999 days – 9.25 1000 days – 9.25 1001 days – < 5 Yrs – 9.25 5 Yrs & above – 9.00 An additional interest of 0.75 % is given to resident senior citizens. This facility is not granted for investments over Rs. 25... Read More