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Product Information
Saving And Investment Plans Bharti AXA Monthly Income Plan+
Synopsis:
A savings plan that offers you guaranteed monthly income with the upside of non-guaranteed bonuses, along with protection for your family in case of an unfortunate event.

Features:

  • Benefits in the form of Monthly income after completion of Premium payment term.
  • Potential of upside bonuses.
  • Enjoy Tax benefits on the Premiums paid and pay-out benefits received.
  • Ideal for retirement planning or for receiving additional Monthly income.
Eligibility:
Minimum age at entry 3 years for 15 year Policy Term
0 years for 20 and 30 year Policy Term
Maximum age at entry 65 years for 15 year Policy Term
60 years for 20 year Policy Term
50 years for 30 year Policy Term
Maximum Maturity Age 80 years
Minimum Monthly Income Rs.2000 for 15 year Policy Term
Rs. 1750 for 20 year Policy Term
Rs. 750 for 30 year Policy Term
Minimum Sum Assured 
(which is: minimum Monthly income * the period for which the Monthly income is payable)
Rs. 192,000 for 15 year Policy Term
Rs. 210,000 for 20 year Policy Term
Rs. 135,000 for 30 year Policy Term
Minimum Premium Depends on the minimum Monthly income
Policy Term 15, 20 and 30 years
Premium Payment Term 7, 10 and 15 years for 15, 20 and 30 years Policy Term respectively
Premium Payment Modes Annual, Semi annual, Quarterly & Monthly