SBI Life Shubh Nivesh - 2018 2019 MBA
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Old 29th October 2016, 10:33 AM
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Default SBI Life Shubh Nivesh

I recently opened an account in SBI bank and want to take insurance plan searching for the details about SBI Life Shubh Nivesh. Can you provide basic eligibility to take the SBI Life Shubh Nivesh facility also provide other details related to this and provide contact details?
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Old 29th October 2016, 10:50 AM
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Join Date: Mar 2013
Posts: 31,582
Default Re: SBI Life Shubh Nivesh

The SBI Life Shubh Nivesh is a non linked profit endowment assurance plan with full life coverage option.

Eligibility Conditions of SBI Life – Shubh Nivesh

Entry Age

Minimum – 18 years

Maximum (Endowment Option)

Regular Premium (RP) = 58 years

Single Premium (SP) = 60 years

Maximum (Endowment with Whole Life option) = 50 years

Maturity Age

Maximum 65 years

Maximum 100 years for Endowment with Whole Life option

Sum Assured

Minimum – Rs.75,000 (x 1,000)

Maximum – No Limits

Advantages of SBI Life – Shubh Nivesh

Tax Benefits

Tax benefits are available as per relevant sections under the Income Tax Act, 1961. You should consult your tax advisor for more details.


Ability to add riders as per individual preferences

Accidental Death Benefit Rider
Accidental Death & Permanent Disability Benefit Rider
Preferred Term Rider



Call: Toll Free Numbers: 1800 22 9090
(Customer Service timings: 9:00 a.m. to 9:00 p.m., seven days a week)
Corporate Office:
Telephone No. : 022 - 6191 0000

Write to:
Corporate Address:
SBI Life Insurance Co. Ltd.,
M.V. Road & Western Express Highway Junction,
Andheri (East), Mumbai - 400 069
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