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Savings Plan

Savings Plan for your Better Future!

Save Big for Your Future and Keep your Loved Ones Protected with Shriram Life Savings Plans starting at just ₹500 per month

  • Easy claim
    Easy Claim Process
  • Transform Life
    Quick Disbursals
  • Purchase
    Hassle-Free Purchase
Sticky Tab

Eligibility and Documents Required for Shriram Life Savings Plans

Age at Entry

Minimum - 25 years 
Maximum - 50 years

Age at Maturity

Maximum - 75 years (fixed)

Premium Paying Tenure (PPT)

Minimum - 10 years 
Maximum - 25 years (premium paying tenure plus age at entry should not exceed 65 years)

Policy Tenure (PT)

75 years minus age at entry

Sum Assured

10 times the annualized premium (excludes extra premium, rider, GST, and cess)

Premium Payment Mode

Monthly, quarterly, half-yearly and yearly

Premium

Minimum - ₹30,000 Maximum - no limit (subject to Board approved underwriting policy) (The premium shall be in multiples of ₹1,000) Annualised Premium

Optional Riders

i) Accident Benefit Rider ii) Family Income Benefit Rider iii) Shriram Life Critical Illness Plus Rider iv) Shriram Extra Insurance Cover Rider

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.