Achieve Your Dreams with Regular Payouts from Shriram Life New Akshay Nidhi

Achieve Your Dreams with Regular Payouts from Shriram Life New Akshay Nidhi

  • Self
  • Spouse
  • Child
  • Grand Child
Sticky Tab

Shriram Life New Akshay Nidhi Eligibility and Documents Required

Age Criteria

Entry Minimum: 30 Days (age last birthday)

Maximum: 55 years (age last birthday)

Age at Maturity

Minimum: 18 years (age last birthday)

Maximum: 70 years (age last birthday)

Policy term 15, 20, 25 Years
Premium payments Paying Term Equal to the chosen Policy tenure
Premium payments Mode Yearly, half-yearly, quarterly, monthly
Minimum Annual premium payments ₹10,000
Sum Assured Range (Primary)

Minimum: ₹1,00,000

Maximum: No limit, subject to Board approved underwriting policy

Maturity Benefit Available
Loan Facility Maximum: 80% of Surrender Value
Survival Benefits Available
Minimum Annual premium payments ₹10,000
Minimum Annual premium payments
Range of High Sum Assured Premium Payments Rebate
Up to ₹2.49 Lakh Nil
₹2.50 Lakh – ₹3.99 Lakh 2.0%
₹4 Lakh – ₹6.99 Lakh 3.0%
₹7 Lakh – ₹9.99 Lakh 4.0%
₹10 Lakh & above 5.0%


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 Novac Technology Solutions (“Novac”) and used by Shriram Life Insurance Company Limited under a License agreement.”


  • 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.