ABSLI Group Gratuity Guaranteed Interest Credit Product

Summary Info

Insurance Company Birla Sun Life Insurance Company Ltd
Plan Name ABSLI Group Gratuity Guaranteed Interest Credit Product
Plan Nature TRADITIONAL
Plan Category Gratuity Plan
UIN No. 109N028V01
About Plan The product offers a fixed interest rate on your contribution for a fixed term. The fixed interest rate for the selected term will be the Guaranteed Interest Rate declared by the BSLI for each of the terms. Thus, the contribution paid by you will accumulate at the Guaranteed Interest Rate applicable at the time of paying the contribution. The term of the investment may be 3yrs, 5yrs, 8yrs or 10yrs. At the end of the selected term, the accumulated contribution will be rolled over for aother term, which can be different from the original term selected. Withdrawals are allowed only for making benefit payments and no charge will be levied on withdrawals.

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