Astha
DPS Surokkha
Savings for future is
like a pension you earn over the span of your life. Little drops of savings
every month can end up with a stream of relief and benefits after a few years. Astha
DPS Shurakkha is inspired to build up a big sum on small regular deposits. It
offers competitive interest rates and installments at affordable reach of our
customers. Simply you save on a monthly basis and get a handsome amount at
maturity. As stand-out feature, Astha
DPS Shurakkha gives you full maturity benefit for the just-completed term even
though you encash before your desired timeline.
This is a traditional DPS product. The policy owner will get the full Sum Assured with Bonuses at maturity.
Keep it simple: An easy savings plan topped with saving protection coverage and comes with attractive bonuses. It is a monthly saving plan, easily affordable to policyholders, offers the full Sum Assured at maturity along with bonuses declared during the policy term.
Feature & Benefit
At the maturity of the policy, the sum assured and earned bonus will be paid to the policyholder.
The sum assured will be paid before the maturity of the premium and the earned bonus will be paid to the nominee till the date of death of the insured.
After paying premium for at least two years, the policy can be converted to a lump sum assured.
The policy earns surrender value after paying premiums for at least two years.
The written demand will be subject to the company's announced cancellation policy and a grace period of 30 days will apply. If the premium method is monthly, the grace period will be 15 days.
1. Accidental Death Benefit
2. Permanent Disability and Accidental Benefit
3. Health Insurance
4. Critical illness
5. Waiver of premium
- Death claims are exempt from income tax.
- 5% tax is applicable at source on the excess of insurance claim amount excluding gross accumulated premium on maturity.
- Up to 15% income tax rebate will be available on vested premium while filing personal income tax return.
When you purchase a life insurance policy, you agree to pay a specific sum of money, known as the premium, to the insurance provider at regular intervals. The frequency or period of your payments depends on your chosen mode of premium. AsthaLife offers several medium of premium payment, including:
Bank: Premium payments can be made through your bank account. You can use net banking, mobile banking, or visit the bank in person to initiate the payment. AsthaLife has tie-ups with specific banks for seamless transactions.
Cheque: Write a cheque for the premium amount and submit it to the insurer. Ensure that the cheque is correctly filled out, signed, and dated. AsthaLife will process the payment upon clearance.
Mobile Banking: Use mobile banking apps to transfer the premium amount directly from your bank account to the AsthaLife. This method provides convenience and real-time confirmation.
Electronic Funds Transfer (EFT): EFT allows you to authorize automatic premium deductions from your bank account. Set up an EFT mandate with AsthaLfie, and the premium will be debited on the specified dates.
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