Birla SunLife- Freedom58
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After you get retire, saving stops and start declining day by day. To get rid of this situation you invest your savings, so that they compensate you for the loss due to inflation, which is a right step. See that in your retirement, your investment plan helps you by rendering money not only to earn a living but to also enjoy it.
Birla SunLife offers you ‘Freedom 58‘ that furnish you the freedom to customize your own retirement plan for your savings.
Eligibility Criteria
| Entry Age |
Minimum – 18 Years Maximum – 80 Years |
| Minimum Accumulation stage | 5 Years |
| Partial Withdrawals | Minimum partial withdrawal amount is Rs. 5000/- |
| Vesting Benefit | Vesting Benefit is the Fund Value. On funding you can withdraw 1/3 Fund Value tax free & utilize the rest to purchase annuity. |
| Switching under Self Managed Portfolio | Allowed |
| Tax Benefit | Under Section 80CCC and Section 10 (10A) of the Income Tax Act, 1961 |
| Surrender | Nil after completing three policy years. |
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