Need opinion on Life Gain Plus from Axis Bank ?

POSTED BY amisil ON December 12, 2013 1:36 pm COMMENTS (3)

Dear Manish,

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.

Amitava Sil

3 replies on this article “Need opinion on Life Gain Plus from Axis Bank ?”

  1. ashalanshu says:

    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?

    thanks

    ashal

  2. amisil says:

    I wanted to know the pros and cons and true yield on the money invested year-wise.

  3. ashalanshu says:

    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?

    thanks

    Ashal

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