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HDFC Life
Click 2 Protect Supreme Plus
NEW
UIN: 101N189V01
A plan that provides you varying cover along with comprehensive protection as per your evolving needs *
UIN: 101N189V01
A plan that provides you varying cover along with comprehensive protection as per your evolving needs *

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Just ₹19/day for peace of mind with HDFC Life. Start early, save more
15% Online Discount for Females
Life Cover with Wellness Benefits

Just ₹19/day for peace of mind with HDFC Life. Start early, save more
15% Online Discount for Females
Life Cover with Wellness Benefits

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Term Plan

[H3]
HDFC Life
Sanchay Plus
TRENDING
UIN:  101N134V28
Looking for safe financial instrument which provides alternate source of income

UIN: 101N134V28
Looking for safe financial instrument which provides alternate source of income

Key Features*

Guaranteed** Income4 for period of 25 or 30 years
Get Back Premiums as Guaranteed** Lumpsum Benefit4 on maturity
Life Cover to protect your family

Guaranteed1 Income4 for period of 25 or 30 years
Get Back Premiums as Guaranteed1 Lumpsum Benefit4 on maturity
Life Cover to protect your family

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Savings Plan

In Unit Linked policies, the investment risk in investment portfolio is borne by the policyholder...
In Unit Linked policies, the investment risk in investment portfolio is borne by the policyholder. The linked insurance products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in linked insurance products completely or partially till the end of the fifth year.

[H3]
HDFC Life
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UIN: 101L180V01
A Unit Linked Non-Participating Individual Life Insurance Savings Plan.
UIN: 101L180V01
A Unit Linked Non-Participating Individual Life Insurance Savings Plan.

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Choose from 14 Funds to optimize your investment returns
Customize your premium payment options – Single, Limited or Regular
Choose from 5 convenient Benefit options to customize your payouts

Choose from 14 Funds to optimize your investment returns
Customize your premium payment options – Single, Limited or Regular
Choose from 5 convenient Benefit options to customize your payouts

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HDFC Life
Smart Pension Plan

UIN: 101L164V08
A Unit Linked, Non-Participating Individual Pension plan that ensures you have a regular income and lead an independent life without compromising the standard of living after you retire.
UIN: 101L164V08
A Unit Linked, Non-Participating Individual Pension plan that ensures you have a regular income and lead an independent life without compromising the standard of living after you retire.

Key Features*

Avail of Automatic Asset Re-balancing and Systematic Transfer strategies to safeguard your wealth against market volatilities.
Life insurance cover to the extent of 105% of total Premium(s) paid including top-up premium
To build a retirement corpus
Flexibility to alter vesting date and premium payment term
Loyalty additions15

Avail of Automatic Asset Re-balancing and Systematic Transfer strategies to safeguard your wealth against market volatilities.
Life insurance cover to the extent of 105% of total Premium(s) paid including top-up premium
To build a retirement corpus
Flexibility to alter vesting date and premium payment term
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[H1] Life Insurance
Life Insurance is a contract between a life insurance policy holder and an insurance provider. As per the contract the insurance provider promises to pay the beneficiary a sum of money upon the death of the policy holder during a certain period. The contract is applicable only when the policy holder has paid all premiums within the predefined period.
Depending on the contract, the policy holder is also eligible for a sum of money in events of terminal illness or critical illness as per the terms & conditions of the life insurance policy.

[H2] Looking to buy a life insurance plan?

5 lakh Instant Payout on Claim Intimation36
Premium Break Benefit29 for up to 12 months
Special Rates for Salaried & Women28
With so many considerations, let us help you to make easy decisions for your life insurance needs

[H2] Need Help to Buy a Right Plan?

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Our expert will assist you in buying a right plan for you online.
Reach us between 9 AM - 9 PM IST.
For existing policy related assistance, click here.
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99.68% Claim Settlement Ratio
For FY 2024-2025

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~5 Cr. Number Of Lives Insured
For FY 2024-2025

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Disclaimer: By submitting your contact details, you agree to HDFC Life's Privacy Policy and authorize HDFC Life and/or its authorized Service Providers to verify the above information and/or contact you to assist you with the purchase. This will override any HDFC registration made by you. Show Less ...Read More

[IMG: Claim Settlement Ratio]

99.68% Claim Settlement Ratio
For FY 2024-2025

[IMG: Number Of Lives Insured]

~5 Cr. Number Of Lives Insured
For FY 2024-2025

[IMG: How Does Life Insurance Work]

[IMG: How Does Life Insurance Work]

[H2] Types of Life Insurance
Let’s explore the types of life insurance as per your financial needs:

1
[H3]
Term Life Insurance

Term insurance is the simplest form of life insurance that provides financial protection against death for a specific period. Since term life insurance is pure life insurance its premiums are affordable. Ideally you should get a term plan as early as possible as its premiums increase with age. Along with your term insurance plan you can avail additional coverage with add-on riders, for example if you want to get critical illness insurance you can get the critical illness rider. You can also opt to get all your premiums back after the term of the policy in case you survive through term insurance with return of premium.

2
[H3]
ULIPs

A Unit Linked Insurance Plan (ULIP) is a type of life insurance that combines protection with investment. With a ULIP Plan, you get life coverage and the chance to invest in market-linked options, which can potentially increase your money over time. It also offers tax benefits as per your income tax slab and the flexibility to switch between different investment funds. A ULIP calculator helps you figure out how much coverage you need and how to split your money between insurance and investments.

3
[H3]
Endowment Policy

The endowment policy provide guaranteed returns and protection of life insurance. By choosing an endowment plan, you can experience extensive coverage with the opportunity to save regularly. Thus, a policyholder expects to achieve a lump sum once the policy matures. To calculate the final payout of this policy you can use the savings calculator. In case of your sudden death during the policy tenure, your nominee will be eligible for death benefits.

4
[H3]
Retirement Plans

A retirement plan or pension plan is an investment plan designed to ensure you’re financially secure when you retire. It lets you invest money while you’re working, building up a savings fund that you can use when you stop working. Investing in a retirement plan is a smart, disciplined way to prepare for a comfortable and worry-free retirement.

5
[H3]
Child Plans

Child insurance plan helps secure your child’s financial future by saving for education and marriage costs. Child plans provide maturity benefits when the child turns 18, either as a lump sum or in yearly payments. They also include insurance for parents, offering financial support if the insured parent passes away during the policy period.

6
[H3]
Participating Life Insurance Plans

It is a type of savings plans where you invest in a participating plan you will receive dividends and bonuses derived from the profits. These payments are usually made annually. There are several ways in which you can utilize and receive dividends and bonuses if you hold a participating policy:
When the life insurance company distributes payouts, you will receive them.
If you have a plan with a due premium amount, use the payouts to pay it.
Make sure dividends or bonuses are deposited with the insurance company so that interest can be earned on them.
These benefits are in addition to the regular maturity benefits that are guaranteed by the life insurance company. If applicable, some insurers offer terminal bonuses upon maturity along with paid-up additions.

7
[H3]
Whole Life Insurance

Whole life insurance offers long-term coverage, providing financial protection for your family up to the age of 100. Often referred to as permanent life insurance, it ensures that your loved ones are financially secure even after you're gone. Additionally, it allows you to plan for your own financial goals. When considering the policy, it's essential to understand the impact of GST on whole life insurance, as it may affect your premiums and overall cost.

8
[H3]
Annuity Plans

Annuity plans ensure you get regular income after you retire, helping you build savings for the future. Whether you opt for an immediate annuity plan that starts payments right away or a deferred annuity plan that accumulates value over time, these financial products provide steady payments throughout retirement.

9
[H3]
Money back policy

Money Back Policy is a type of life insurance plan that offers both life cover and regular returns during the term of the policy. It combines the benefits of life insurance and investment, providing financial protection along with steady returns at specific intervals.

[H2] What are the Benefits of Life Insurance?

Let’s explore the various benefits of life insurance:

Upon the demise of the life assured the beneficiary of the policy receives a sum of money as the death benefit. Objective of death benefit is to provide financial support to the beneficiary in case of the life assured’s absence.

Life insurance is one of the financial tools that offer dual tax benefits. For the premiums you pay, you can avail tax deductions under Section 80C of the Income Tax Act10. Also, the maturity and death benefit are tax-free under Section 10(10D) of the Income Tax Act10. The GST on life insurance premiums has been reduced from 18% to 0%, with the change proposed to be effective from September 22, 2025.

There are types of life insurance that help in wealth creation along with financial protection. Unit-linked insurance plans (ULIPs) and endowment plans can help grow your wealth in the long term as per your risk appetite. In the case of ULIPs, returns are linked to the markets and in the case of endowment plans the returns are guaranteed. An investment calculator can help you evaluate the estimated returns of an investment plan like ULIP or endowment plan.

Life insurance plans other than term life insurance offer maturity benefits at the end of the term of the policy. For example, if you get a ULIP for 15 years then at the end of 15 year you will receive the maturity benefit.

Riders are add-ons that help enhance the financial protection provided by your base life insurance. You can choose to opt for riders for an additional premium. You can customise your requirements by opting for various riders, such as accidental death rider, waiver of premium rider, accidental disability rider, critical illness rider, etc.

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Term Insurance

What is Term Insurance?

How does Term Insurance Work?

Why Should I Buy Term Insurance in 2026?

Real-Life Examples based on different Life Stages of Policyholders

What are the benefits of buying a term insurance plan?

What are the key features of term insurance?

Who Should Buy Term Insurance Plan?

When Should I Buy a Term Insurance Plan?

What are the 5 important life stages to buy a Term life insurance?

Types of Term Insurance Plan in India 2026

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Best Term Insurance Plans in India 2026 by HDFC Life

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Role of Term Insurance in a Complete Financial Plan

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Which Factors Affect Term Insurance Premiums?

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How Smoking and Non-Smoking Affect Premiums at Different Ages?

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Why Sum Assured is an Important Factor When it Comes to Term Insurance?

What is the ideal duration of term life insurance?

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What are the payout options available with term life insurance?

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Some common types of term insurance riders

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Why should you consider adding a critical illness rider to your term insurance plan?

Our top riders with Term Insurance plan

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Eligibility Criteria to Buy a Term Insurance

What is covered and not covered in term life insurance?

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[H1] Term Insurance
Term insurance is the purest form of life insurance. It offers financial protection for a fixed period in exchange for a fixed premium. A term insurance plan helps secure the financial needs of your dependents in your absence.
In case of your death, your nominee receives a death benefit that can support daily expenses like food, clothing, healthcare, education, and more. This is why choosing the best term insurance plan is important. Buying the best term insurance plan ensures long-term financial security for your family. Show Less ...Read More
1 Crore Term Insurance@ Rs.19/day***

[H2] No Time for Regret!
Secure Your Family's Future with Term Insurance.

[IMG: Return of Premium (ROP) Option]

Return of Premium (ROP) Option^

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100% Claims guaranteed15

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₹5 lakh instant payout on claim intimation36

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0% GST on Premiums#^#

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Special Rates for Salaried & women28

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Break Benefit3  upto 12 months

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Please wait while we are evaluating the best term insurance for you

5

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Francis Rodrigues
Francis Rodrigues has a decade long experience in the insurance sector, and as SVP, E-Commerce and Digital Marketing, HDFC Life, manages the online sales channel, as well as digital and performance marketing. He has had hands-on experience in setting up sales channels and functional teams from scratch over a career spanning 2 decades.

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[H2] What is Term Insurance?

Term Insurance is one of the most basic forms of life insurance that only offers financial cover for a specific number of years. A term insurance plan provides a financial benefit to your nominee in case of your death during the term of the policy.
A term insurance policy is a pure life insurance product that offers financial benefits only in case of the policyholder's death during the term, in return for the premiums paid.  It does not return any financial value in case you survive the term of the policy. If you wish to get your premiums back after the term of the policy you can opt for term insurance with return of premium.
You can buy term insurance by paying regular premiums, in exchange for a financial benefit that goes to your nominee in case of your untimely death.
For example, a healthy 20-year-old non-smoker male would have to pay Rs. 765 per month over 30 years for 1 crore term insurance.
...Read More

[IMG: What is Term Insurance?]

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[H2] How does Term Insurance Work?

Let’s understand how term insurance works with the help of a real-life example
Ajay is a 25 years old male who doesn't smoke and decides to purchase a Rs.1 Crore term insurance10 from HDFC Life for 35 years at a monthly premium9 of Rs.14128.
Here is a step-by-step flow on how it works:

[IMG: Policy Purchase]
1

[H3] Policy Purchase
Ajay completes his health assessment, under goes medical tests and starts paying premiums.

[IMG: During Policy Term]
2

[H3] During Policy Term
He continues to pay premiums to maintain the life coverage.

[IMG: Death during the policy term]
3

[H3] Death during the policy term
If Ajay passes away during the tenure of the policy then his beneficiary/nominee which is his wife receives the tax-free7 death benefit amount of Rs. 1 Crore.

[IMG: Outlives the policy term]
4

[H3] Outlives the policy term
The coverage of the term plan ends on Ajay's 60th birthday. If Ajay had opted for the term plan return of premium option then he would get back all his premiums.

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[H2] Why Should I Buy Term Insurance in 2026?

There are several term insurance benefits that cater to your specific financial protection needs. Here are a few of its benefits:

If you earn and have financial dependents such as spouse, parents, and children, it’s important that you buy term insurance to protect their financial future. The sole purpose of a term insurance plan is to provide the death benefit amount to your dependent in case of your death. The death benefit amount ensures that they can fulfill their financial needs without any struggle.

If you have loans for things like a home or car, term insurance can protect your family from these debts after you pass away. This financial support ensures they can keep the assets you worked hard for, without the stress of outstanding payments.

When a family loses their main earner, it can be very challenging to manage finance. The best term insurance plan provides essential financial support to help your family during this tough time. It ensures that your loved ones can maintain their standard of living and manage daily expenses without the burden of financial stress. This financial support is crucial for helping them adjust and move forward without you.

Term insurance policy is the purest type of life insurance that primarily provides financial protection only in case of death. Since term insurance is the simplest type of life insurance you can avail adequate death benefit at very affordable premiums. You can buy the best term insurance plan for 1 crore at just Rs.19/day.

Life is unpredictable and full of uncertainties. In India road accidents killed 474 daily on average in 2023 (source: The Times of India16) and 8,89,742 cancer deaths were registered in 2022 (source: Global Cancer Observatory 2022 Data117). Although we cannot prevent unexpected tragic events we can reduce the adverse financial impact that it has. The primary objective of the best term life insurance is to provide financial protection against untimely death. The death benefit provided to a policyholder’s beneficiary helps prevent any financial struggle due to the policyholder’s absence.

Lifestyle diseases have been one of the leading causes of deaths in India. Deaths due to heart attacks have increased by 12.5% in 2022 when compared to 2021 (source: National Crime Records Bureau). While it is important to live a healthy lifestyle, it is also wise to protect your family’s financial future.This is especially true if you face a serious illness. Opting for term insurance plans can ensure essential financial protection for your family in the event of a serious illness. To get the most comprehensive coverage, choose the best term insurance plans available.

Term insurance plans offers the option to add riders to enhance financial coverage, ensuring essential protection for your family in the event of a serious illness. The rider amount acts as a top-up to the base cover, and by choosing the best term insurance plans, you can benefit from added options like critical illness riders, accidental death cover, or even a return of premium on survival.

Premiums paid for term insurance plans are eligible of tax exemptions7 of up to Rs. 1, 50,000 under section 80C of the income tax act, 19617. The payout of a term insurance is also exempted from tax under section 10(10D) of the income tax act, 19617.

[H2] Real-Life Examples based on different Life Stages of Policyholders
These related examples tell you why getting the best term insurance plan is smartest decision at different stages in your life.
[H3] Mridul, 27 years - A new job joiner
When Mridul starts his first job in Mumbai, managing expenses becomes tough, and saving feels difficult. He wants to secure his family’s future but is unsure if he can afford insurance at this stage. That is when he comes across the HDFC Life Click 2 Protect Supreme Plus. As a salaried employee, he gets a 15% discount on his first-year premium29, making it easier to start early.
He also likes the flexibility the plan offers. It allows him to increase his life cover by up to 200% for major milestones like marriage, having a child, or buying a home. Moreover, if he ever loses his job, he can take a premium break35 for up to 12 months while the life cover continues. In the event of an unfortunate incident, his family will receive an immediate payout of up to ₹5 lakhs36 to cover urgent needs.
Now, Mridul feels confident that his family is financially protected as he builds his future.
[H3] Priyal, 30 years - A Salaried Woman
Priyal is a single mother working in Mumbai and raising her 5-year-old son. She wants to ensure his dreams stay protected, no matter what life throws at them. With HDFC Life Click 2 Protect Supreme Plus, she benefits from special premium rates for women, making the plan affordable even with her responsibilities.
The inbuilt waiver of premium on critical illness or disability is especially reassuring, as even if she cannot pay due to a medical setback, the policy remains active. She also appreciates the wellness benefits34, which motivate her to prioritise her health for her child’s sake.
For Priyal, this plan is not just insurance but a promise of continued protection and a secure future for her little one.
[H3] Viraj, 28 years - Taxpayer
Viraj is in his late 20s, earning well in Mumbai, and wants a plan that supports both financial protection and smart tax planning. After comparing options, he selects HDFC Life Click 2 Protect Supreme Plus because it fits perfectly into his long-term strategy.
The premiums he pays are eligible for tax deductions under Section 80C1, while the death and maturity benefits are exempt under Section 10(10D)1, providing him with substantial tax advantages each year. To build stronger protection, he choos

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Savings Plan

What is Savings Plan?

Why invest in a savings plan?

List of Best Savings Plan in India

Returns on Savings Plans

14 Best Savings Plan

Savings Plans

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[H1] Savings Plan
Savings + Life Cover
Savings plan is a financial instrument that helps you save for short-term and long-term goals while providing life coverage. By investing a fixed amount every month, your money grows in a money market fund. In case of any unfortunate event during the plan's duration, a savings plan provides a payout to the beneficiary. It offers a fixed maturity return and is considered the best investment plan for risk averse individuals.Show Less ...Read More
100% Guaranteed Returns + Save tax up to 46,800/- 15

[H2] Explore the range of savings plan from HDFC Life that suit your needs:
With investment plans from HDFC Life you can opt for market linked returns or guaranteed1 returns as per your financial goals -

[IMG: Increasing Income upto 10% p.a.]

Increasing Income upto 10%11 p.a.

[IMG: Guaranteed Returns]

Guaranteed1 Returns + Tax saving up to ₹46,80015

[IMG: Flexibility in Choice of Benefits]

Flexibility in Choice of Benefits##

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:1800-266-9777
(All Days, from 9am to 9 pm, Toll Free)

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Francis Rodrigues
Francis Rodrigues has a decade long experience in the insurance sector, and as SVP, E-Commerce and Digital Marketing, HDFC Life, manages the online sales channel, as well as digital and performance marketing. He has had hands-on experience in setting up sales channels and functional teams from scratch over a career spanning 2 decades.

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[H2] What is a Savings Plan?

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Saving plans are life insurance plans designed to help you save for the future. They encourage regular saving habits and can offer substantial returns when needed. The best savings plans also provide insurance coverage, ensuring your family’s financial security in case of unforeseen events.
These plans typically offer a fixed maturity benefit when the policy term ends. Some plans also provide regular income during the policy period or as part of the maturity proceeds. Selecting the right plan with flexible features can help you achieve your life goals, protect your family in unexpected situations, and build a fund to cover future expenses.
Savings plans can be combined with additional benefits, such as death benefits and critical illness riders. These plans are a great way to start saving with low-risk options that also include insurance coverage. For more options, explore different saving schemes that fit your needs.
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[H2] Why invest in a savings plan?

[IMG: Why Do You Need Savings Plan?]

A savings plan plays a vital role in achieving your financial goals and ensuring long-term security. It helps you stay prepared for life's uncertainties, whether it's handling emergencies, purchasing a home, or funding education. Additionally, an investment plan is crucial for retirement planning and safeguarding your family's future. By starting early and choosing a plan that aligns with your risk appetite, you can steadily build your financial resilience and create a strong financial foundation. Understanding the importance of saving enables you to make informed financial decisions and stay committed to your long-term goals. Prioritizing savings today sets the stage for a stable and prosperous future for you and your loved ones. Take the first step now and invest in your future security!

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[H2] List of Best Savings Plan in India
Here is the list of the savings plans in India 2026, carrying low risk and you must consider adding these plans to your financial portfolio:
Sr. No.
Savings Plan
Interest Rate
1
National Savings Certificate
7.70% paa
2
Senior Citizen Savings Scheme
8.20% pa b
3
Recurring Deposits
2.50% to 8.50%c
4
Post Office Monthly Income Scheme (MIS)
7.40% pad
5
Public Provident Fund (PPF)
7.1% pae
6
KVP (Kisan Vikas Patra)
7.5(115 Months)f
7
Sukanya Samriddhi Yojana (SSY)
8.2%  pag
8
Atal Pension Yojana
N/A
9
Employee Provident Fund (EPF)
8.25% paj
10
Pradhan Mantri Jan Dhan Yojana
2% above base rate not exceeding 12%h
11
Mutual Funds
8-20% pak
12
Initial Public Offerings (IPO)
8-15% i
13
Unit Linked Insurance Plan (ULIP)
10-24% pak
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[H3]
HDFC Life
Sanchay Plus
TRENDING
UIN:  101N134V28
Looking for safe financial instrument which provides alternate source of income

UIN: 101N134V28
Looking for safe financial instrument which provides alternate source of income

Key Features*

Guaranteed1 Income4 for period of 25 or 30 years
Get Back Premiums as Guaranteed1 Lumpsum Benefit4 on maturity
Life Cover to protect your family

Guaranteed1 Income4 for period of 25 or 30 years
Get Back Premiums as Guaranteed1 Lumpsum Benefit4 on maturity
Life Cover to protect your family

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Savings Plan

[H3]
HDFC Life
Click 2 Achieve

UIN:  101N186V07
Customize the benefits with this flexible savings plan.
UIN: 101N186V07
Customize the benefits with this flexible savings plan.

Key Features*

Guaranteed1 Benefits
Flexibility in choice of benefits
Increasing upto 10% p.a11

Guaranteed1 Benefits
Flexibility in choice of benefits
Increasing upto 10% p.a11

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Explore Plan

Savings Plan

[H3]
HDFC Life
Sanchay Par Advantage

UIN: 101N136V04
Enjoy Lifelong regular income with flexibility of payouts and whole life cover.
UIN: 101N136V04
Enjoy Lifelong regular income with flexibility of payouts and whole life cover.

Key Features*

Whole life cover + Lifelong Income3
Accumulate survival benefits
Immediate income option for your various needs

Whole life cover + Lifelong Income3
Accumulate survival benefits
Immediate income option for your various needs

Calculate Premium

Calculate Premium

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Savings Plan

[H2] 14 Best Savings Plan

Savings and income plans are important for achieving financial security in the long run. There are a variety of savings and income plans available to individuals depending on their needs and goals.

1

1
[H3] Monthly Income Plans

Monthly Income Plans (MIPs) are investment plans that aim to provide a steady stream of income. These are debt-oriented mutual funds that invest in a mix of stocks and fixed-income instruments to generate regular income. MIPs are appropriate for risk-averse investors who want to preserve their capital but receive higher income than traditional fixed-income investments.
MIPs provide a host of benefits, including the high potential of market-linked returns, professional fund management and a well-diversified portfolio. It’s a flexible investment as there are different types of MIPs you can choose based on your risk appetite and investment horizon, all of which are part of the investment process.
You can choose the growth option to reinvest your gains and build wealth over time. Alternatively, you can choose the dividend option or start a systematic withdrawal plan (SWP) to receive a regular income.

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2

2
[H3] Money Back Plans

A Money Back Plans is a life insurance product that combines the benefits of investments and insurance. These plans pay survival benefits, which is a pre-decided percentage of the sum assured to the insured person at predetermined intervals. If the policyholder survives the set policy term, a guaranteed sum called the maturity benefit plus bonuses is paid out by the insurer.
Besides a fixed payout, money back plans also provide traditional life coverage. Upon the policyholder’s death, a death benefit is paid to the beneficiaries of the policy. This amount excludes the survival benefit received by policyholders when they are alive. Thus, policyholders receive both stable and guaranteed returns and keep the future of their loved ones secured.

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3

3
[H3] Endowment Plans

Endowment plans are flexible life insurance plans that offer the dual benefits of life coverage and savings. On the one hand, it provides life insurance coverage to secure your loved ones' future in the unfortunate event of your death, allowing them to achieve their life goals. On the other hand, it allows you to save money for various goals such as buying a house, funding children's education, etc.
These plans provide a fixed lump sum as a maturity benefit after the policy matures. Since the maturity sum remains unchanged by market fluctuations, you can customise your plan to fulfil your financial goals. Another benefit of endowment plans is that they provide complete flexibility in choosing the premium frequency, whether monthly, quarter, yearly or a one-time lump sum.

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4

4
[H3] Unit Linked Insurance Plans (ULIPs)

Unit Linked Insurance Plans (ULIPs) are multifaceted financial instruments that combine life insurance and investments. A part of the premium of a ULIP plan goes towards life insurance coverage, while the rest is invested in market-linked securities . A Ulip calculator can help estimate the right premium amount for your goals while securing your loved one's future.
Like other life insurance plans, ULIPs provide death benefits to your loved ones in the case of your unfortunate demise. In addition, these plans invest in equities, debt instruments, or a combination of both. You can choose the funds to invest in and switch funds when your investment strategy changes. ULIPs are best suited for long-term investment goals, as the returns may vary with market fluctuations.

...Read More

5

5
[H3] National Savings Certificate (NSC)

National Savings Certificate (NSC) is a fixed-income investment with a fixed rate of interest and tenure of five years. It's a low-risk investment offered by the Government of India that you can open at any post office in India. NSCs provide guaranteed returns and provide complete capital protection.
NSCs are easily accessible investments that provide safe and fixed returns. The interest rates are revised by the government every quarter. The interest is compounded annually and reinvested for the first four years, which increases your returns. While they don't provide inflation-beating returns, they offer steady interest income and tax benefits. Moreover, there is no maximum limit on the amount you can invest.

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6

6
[H3] Public Provident Fund (PPF)

Public Provident Fund (PPF) is a voluntary social security scheme in India that is an ideal option for long-term retirement savings. PPF offers risk-free and guaranteed returns backed by the Government of India. It has a tenure and lock-in period of 15 years with options for partial withdrawals and loan facilities.
PPF offers multiple benefits, including reasonable returns and a host of tax benefits over similar investments. It’s one of the few triple tax-exempt investments that offer separate tax benefits on contributions, interest income and maturity amount. It’s also a very flexible investment, as you can invest as low as Rs. 500 per year and as high as Rs. 1.5 lakh per year.

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7

7
[H3] Post Office (PO) Savings Scheme

Post Office (PO) Savings Scheme are one of the safest and most reliable savings schemes in the country. The Indian Postal Service offers a fixed 4% per annum interest rate on savings accounts, allowing you to get safe and reliable income. The minimum amount required to open a post office savings account