SBI Plan: SBI has brought a special facility for your child, through which you can make a big fund for your child’s education or marriage. In this, you can create a fat fund of Rs 1 crore by investing Rs 1 lakh.
State Bank of India: State Bank of India (SBI) has brought a special facility for your child, through which you can make a big fund for your child’s education or marriage. In this, you can create a fat fund of Rs 1 crore by investing Rs 1 lakh. Let us tell you about two special schemes of State Bank, through which you can make your child a millionaire.
1. This plan is available for education
Apart from this, the facility of SBI Life – Smart Champ Insurance Plan is provided by SBI customers for the education of children. Through this plan, you can make one lakh rupees 1 crore. In this you get the option of monthly, quarterly, half yearly and yearly option.
Money starts getting from 18 years,
in this you can invest for the child from 0 to 13 years. At the same time, its maturity period is 21 years. Also, when your child turns 18, then you get 25 percent share in this plan. At the same time, the remaining amount is received by 25-25 percent at the age of 19, 20 and 21 years.
2. What is the name of the plan,
the facility of Life-Smart Scholar Plan is provided by SBI to its customers. It is a type of individual, unit-linked, non-participating, life insurance plan. In this you can invest for children from 0 to 17 years. The maturity period of this plan is between 18 to 25 years.
There is also the facility of partial withdrawal.
You can invest in this plan for a minimum of 8 years and a maximum of 25 years. The age of the parent taking the plan should be between 18 to 57 years. The specialty of this plan is that you can also make partial withdrawals in it.
Visit the official link,
apart from this, you get the benefit of an accident. Whereas, for more information, you can visit the official link https://www.sbilife.co.in/ .