Can I exit from SBI Saral Pension Plan ?

POSTED BY anilmvk ON November 20, 2013 12:27 pm ONE COMMENT

hi

i purchased an sbi saral pension plan recently (mar13) with 4lakhs annual premium & tenure 10 yrs.  i will not be able to pay the premiums anymore (paid only the first premium). are there any options to exit at this point ? as per the terms.. it’s a dumb question, but still, 4lakhs is a lot of money for an ordinary person like me, do i stand any chance to get at least a portion of it back ? your advise will be highly appreciated. thanks a lot in advance.

Anil

One reply on this article “Can I exit from SBI Saral Pension Plan ?”

  1. ashalanshu says:

    Dear Anil, sorry to say but 4L Rs. are doomed now. Please check with SBI itself to make policy paid up or converting into single prem. policy at this juncture. This is your only hope.

    thanks

    Ashal

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