VS
| PLAN DETAILS |
Hdfc Life Uday Plan |
Sbi Smart Bachat |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Uniqueness |
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| Plan Maturity age | Maximum maturity age: 70 years | Maximum Maturity Age: 65 years |
| Premium payment term | Minimum: 8 years Maximum: 10 years | 7/10/15 years |
| Plan Entry Age | Minimum Age: 18 years Maximum Age: 55 years | Minimum Age: 3 years, Maximum Age: 50 years |
| Sum assured | Minimum: Rs. 28,465 Maximum: No limit | Rs 2 lakh to No limit |
| Premium payment frequency | Monthly, Quarterly, Half-Yearly, or Annually | Annual, half-yearly, quarterly and monthly |
| Plan Sample Premium | - | - |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | 12 to 15 years | Minimum term: 15 years, Maximum term: 30 years |
| Claim Settlement Ratio (2024-25) | Minimum Age - 5 year | Minimum Age - 5 year |
Invest today for a worry-free tomorrow with the HDFC Life Uday Savings Plan for a brighter future.
HDFC Life Uday, from HDFC Life Insurance, is a guaranteed savings plan that offers the dual benefit of wealth creation and family protection. Upon your unfortunate death, your family will receive a lump sum death benefit. If you outlive the policy term, you will receive a maturity benefit. You will also get 3% p.a. guaranteed additions during the first five policy years.
The insurer pays a cash bonus to the policyholder at the end of each financial year. If you do not wish to continue your policy, you can surrender it and receive a Guaranteed Surrender Value (GSV). The plan also offers Auto Cover Continuance, where your death benefit continues for the next year even if you miss a premium payment. HDFC offers a discount on a high sum assured of ₹2 lakhs and above.
HDFC Life Uday is a non-participating, non-linked savings life insurance plan.
HDFC Life Uday Plan offers a range of benefits including: