Financial planning is no longer
a luxury but a necessity. Many Indians are seeking insurance solutions that not
only safeguard their future but also support their present. Bandhan
Life’s Guaranteed
Income Plan answers that
need—combining the dual benefits of life insurance protection and assured,
regular income to help families meet everyday expenses, life milestones, and
long-term aspirations.
Whether it’s a parent funding a
child’s education, a young professional planning early retirement, or a
household looking to supplement monthly income, this plan ensures that life
goals are never put on hold due to financial uncertainty.
“With inflation, simply one
source of income may not be enough. People are looking for ways/sources to
supplement their monthly income without taking on additional risk,” said Maneesh
Mishra, Chief Product and Marketing Officer at Bandhan Life. “The
Guaranteed Income Plan does just that—it offers a predictable payout that can
complement other income sources, while also providing life cover.”
How the Plan Works
You begin by choosing how much
you want to invest and for how long. After your selected premium payment term
ends, the plan starts paying you regular income—either monthly, quarterly,
half-yearly or annually—for a chosen number of years. These payouts are
guaranteed and not linked to market performance. Meanwhile, life insurance
protection continues during the policy term.
Two Flexible Plan
Options
- Flexi Start:
Ideal for those who want to receive income after completing premium payments. It starts with regular income post-premium term and offers an optional lump sum at the end. With this option, you can:
- Start getting income from the end of the first year, until your
premium-paying years are over.
- After that, enjoy a second phase of income for up to 30 years.
- Delay the income start by a few years if needed.
- Get back all your premiums at the end, plus a 10% loyalty bonus.
- Choose when and how to receive income—monthly, yearly, or even on
special days like your birthday.
2. Extended
Benefit:
Designed for those seeking income throughout the
policy term, plus a lump sum maturity benefit. With this option you can:
- Get a regular income every year throughout your policy term.
- At the end, receive a lump sum equal to the total premiums you
paid.
- Life cover stays active for the entire term, giving your family
financial protection.
Key Benefits
- Guaranteed
Regular Income: Choose payout frequency—monthly, quarterly,
half-yearly, or annually.
- Premium
Offset Feature: If you are falling short of cash, you can
use your income payouts to cover premiums.
- Special
Payout Dates: Align income with significant dates for
added convenience.
- Tax
Benefits: As per applicable laws.
Available Across
India
The Bandhan Life
Guaranteed Income Plan is available at all Bandhan Bank
branches nationwide. Customers can walk in for personalized advice or
explore more on BandhanLife.com.
Because when income is
guaranteed, so is peace of mind—and the freedom to live life on your terms.