Page 21 - HDFC Bank | Take the cut out of your tax cut

 

 

 

 

 

Page 21 - HDFC Bank | Take the cut out of your tax cut
P. 21

Life Insurance Plans


           Last minute rush to save tax? Various Sections of Income Tax Act, 1961 allows to save tax on premium invested in life
           insurance solutions and also on benefits of the insurance plans.

           You  can  choose  from  a  variety  of  life  insurance  plans  from  HDFC  Life  Insurance  Co.  Ltd.,  TATA  AIA
           Life Insurance Co. Ltd and Birla Sun Life Insurance Co. Ltd as per your needs and requirements - be it
           Protection, Savings & Investments, Children’s plan, Health and Retirement plans.

            Section       HDFC Life Insurance Plans      Tata AIA Life                    Aditya Birla Sun
                                                         Insurance Plans                  Life Insurance Plans

            80C           • HDFC Life Click 2 Protect Life  •  Tata AIA Life Insurance Sampoorna   •  ABSLI Life Shield Plan

            Premium       •  HDFC Life Click 2 Protect Super  Raksha Supreme              • ABSLI DigiShield Plan
            towards       • HDFC Life Saral Jeevan Bima  •  Tata AIA Life Insurance Smart   •  ABSLI Guaranteed
            Life Insurance  • HDFC Life Sanchay Plus       Income Plus                      Milestone Plan
            Plans for self,                              •  Tata AIA Life Fortune Guarantee Plus     • ABSLI Assured Savings

            spouse and    •  HDFC Life Sanchay Fixed     •  Tata AIA Life Value Income Plan   Plan
            children.         Maturity Plan


                          •  POS – Guaranteed Savings Plan  • Tata AIA Life Insurance Gold Income   • ABSLI Assured Income

                          • HDFC Life Classic Assure Plus  Plan                                Plus

                          • HDFC Life Super Income Plan  •  Tata AIA Life Insurance Fortune   • ABSLI Fixed Maturity
                                                           Maxima
                                                                                            Plan

                          • HDFC Life Sanchay Par        •  Tata AIA Life Insurance Fortune Pro  • ABSLI SecurePlus Plan

                            Advantage

                          • HDFC Life YoungStarUdaan     • Tata AIA Life Insurance Wealth   • ABSLI Assured Income
                                                           Maxima
                                                                                            Plus

                          • HDFC Life ProGrowth Plus     • Tata AIA Life Insurance Wealth Pro    • ABSLI Child Future



                          • HDFC SL ProGrowth Super II   • Tata AIA Life Insurance Smart    Assured Plan



                          • HDFC Life Smart Woman Plan     Sampoorna Raksha               • ABSLI Assured

                          • HDFC Life SampoornSamridhi   •  Tata AIA Life Insurance Fortune   FlexiSavings Plan

                            Plus                           Guarantee                      • ABSLI Vision

                          • HDFC Life SampoornNivesh     •  Tata AIA Life Guaranteed Returns   Endowment Plus Plan


                          • HDFC Life Capital Shield       Insurance Plan                 • ABSLI Vision

                          • HDFC Life Uday               •  Tata AIA Life Diamond Savings Plan    LifeIncome Plus Plan

                          • HDFC SL Crest                •  Tata AIA Life Insurance Maha Raksha   • ABSLI Akshaya Plan


                          • HDFC SL ProGrowth Flexi        Supreme                        • ABSLI Wealth Max Plan


                          • HDFC SL YoungStar Super      •  Tata AIA Life Insurance Smart Value   • ABSLI Wealth Assure
                                                           Income Plan
                                                                                            Plus
                            Premium



                          • HDFC Life Click 2 Invest – ULIP           • Tata AIA Life Insurance MahaLife   • ABSLI Wealth Aspire
                                                           Gold

                          • HDFC Life Click 2 Protect                                     • ABSLI Fortune Elite Plan

                            Health                       • Tata AIA Life Insurance Saral Jeevan   • ABSLI Wealth Infinia

                          • Click 2 Protect Corona Kavach     Bima                        •  ABSLI Vision

                          • HDFC Life Classic One        • Tata AIA Life Insurance SRS Vitality   LifeIncome
                                                           Protect                        • ABSLI Wealth Secure
                                                                                          • ABSLI Vision Star Plan
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                   *Based on Retail Loan book size (excluding mortgages). Source: Annual Reports FY 20-21 and No.1 on market capitalisation based on BSE data as on 31st Dec, 2021
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