IDBI Guarenteed Return Plans

POSTED BY Rohit Gangadharan ON June 12, 2012 7:27 pm ONE COMMENT

Hello All,
I came across this product from IDBI, it seems the product is guarenteed.
I believe if you pay a Premium of 100000 for ten years you will get a guarenteed return of 9% on this.
Has someone come across this product?
The product is called “Incomesurance”

One reply on this article “IDBI Guarenteed Return Plans”

  1. Dear Rohit, please do not fool yourself. Please check the below link –
    http://www.idbifederal.com/Products/Incomesurance/Pages/What-is-Incomesurance.aspx

    It’s clearly written that a minimum return value is gtd. which ‘ll depend upon your prem. payment & the term of policy as well as pay out option chosen by you. No where the company is offering such high return guarantee.

    Thanks

    Ashal

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