Deposit Pension Scheme (DPS-Monthly Savings Plan)
Deposit Pension Scheme (DPS-Monthly Savings Plan)
Monthly Savings Plan is a very effective savings plan for the Low Incoming families to ensure their socio-economic security. Premium of this insurance plan is deposited monthly. Under this scheme the full sum assured is paid on maturity along with the accrued bonuses. On the death of the policyholder within the term of the policy the nominee will receive full sum assured together with bonuses at the end of the year of death of the policyholder.