POSTED BY December 12, 2013 1:36 pm COMMENTS (3)ON
I have account with the Axis Bank and recently one of their employee offered me this scheme. Would like to have your opinion on this. The tax treatment is 80C on investment and 1010D on maturity.
2021 © Jagoinvestor.com All Right Reserved
3 replies on this article “Need opinion on Life Gain Plus from Axis Bank ?”
Dear Amitava, it’s a traditional product. Neither insurance cover is good not investment part is good. In the long term, this policy can not provide i nflation beating returns.
Should I say more?
I wanted to know the pros and cons and true yield on the money invested year-wise.
Dear Amitva, this is an insurance plan offered by Max Life Insurance. Here for you Axis bank is working as an agent. what is so special as per your own understanding that you want to go for it?