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Deferred_Annuity

Shriram Life Deferred Annuity Plan

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Shriram Life Deferred Annuity Plan Eligibility

Eligibility Criteria

Limits

Entry Age

Minimum 40 years (age last birthday) for primary annuitant 30 years (age last birthday) for secondary annuitant   
Maximum 75 Years (Age last birthday) for primary annuitant 80 Years (Age last birthday) for secondary annuitant

Premium

Minimum Yearly: Rs. 60,000, Half Yearly: Rs 31,000, Quarterly: Rs 15,000 and Monthly: Rs 6,000; Rs. 3,00,000 for Single Pay    
Maximum No Limit subject to Board approved underwriting policy.

Premium paying term

Single Pay Limited/Regular: 5-10

Annuity Mode

Yearly, half-yearly, quarterly, monthly

Policy Term

Whole Life

Minimum Vesting Age

45 Years

Maximum Vesting Age

80 Years

Deferment Period

5 - 10 Years

Annuity

Minimum ₹ 12000  
Maximum No Limit subject to Board approved underwriting policy.

Disclaimer

For more details on risk factors, terms, and conditions please read the sales brochure carefully before concluding a sale.  

*Tax Benefits:  
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.  
You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time.

IRDAI Regn No: 128  
CIN No : U66010TG2005PLC045616 of the Company

The Trade Logo displayed above belongs to Shriram Value Services Limited (“SVS”) and used by Shriram Life Insurance Company Limited under a License agreement.”

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRADULENT OFFERS

  • IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.