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Shriram Life Group Traditional Employee Benefits Plan
What is Shriram Life Group Traditional Employee Benefits Plan?
Shriram Life Group Traditional Employee Benefits Plan (UIN: 128N054V02) is a non-linked, non-participating group savings insurance plan. It is similar to the gratuity and leave encashment that is provided to employees by their employers.
- You can buy the Shriram Life Group Traditional Employee Benefits Plan online
- Receive a capital assurance on the fund under management
- Enjoy a minimum interest rate of 0.1% a year for the entire term of the policy
- Both the employee and employer can enjoy tax benefits
- This is a good option for all employers who do not have a scheme at present, as well as those who are looking for a switchover, and those who want more than one insurer
- Get assured earnings plus tax benefits under the Shriram Life Group Traditional Employee Benefits Plan
Policy Type
Employee Benefits Plans
Policy Tenure
Annually renewable
Mode
Yearly
Minimum Premium Payments
₹1,00,000 per policy
Maturity Age
76 years
Minimum Group Size
10 employees