India First Mahajeevan Plan

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No.

of years Premium
1 100000 25000 India First Mahajeevan Plan
2 100000 25000
3 100000 25000 Total Investment in 15 years = 15 lakhs.
4 100000 25000
Benefits
5 100000 25000 1. Interest rate @8% per annum (4% flat +2 % terminal bonus+2%
6 100000 25000 bonus + {2%variable company revisionary bonus }
7 100000 25000 2. Loan facility after 5th year(90% of invested amount without an
for 1 year)
8 100000 25000 3. Tax benifits under 80c(Rs. 150,000 exemption on investment )
9 100000 25000 earned interest on investment)
4. Transferable
10 100000 25000
11 100000 25000 5. If death occurs in between then company returns (16 times of
12 100000 25000 Investment+Interst +bonus )
6. Age min 5 and max 55 yrs
13 100000 25000 7. Max 3 nominee can be divided for amounts .
14 100000 25000 8. covered under 1961 income tax act
15 100000 25000 9. after 7 years company will help to get the policy break if there
requirement in family is there.

TOTAL 1500000 375000

Total maturity value is 2932887 727232.9


8.1
t +2 % terminal bonus+2% company performance
ary bonus }
ested amount without any payment of interest

emption on investment ) & 10(10D)(no tax on

pany returns (16 times of 1st premium+ total

mounts .

t the policy break if there is some major

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