Smart Bachat Plus

SBI Life Smart Bachat Plus is a non-linked, non-participating savings insurance plan designed to help you save regularly while providing life insurance protection. It is suitable for individuals who want guaranteed savings discipline along with financial security for their family.

This plan combines savings and protection in a simple structure, making it ideal for meeting medium- to long-term financial goals such as family security, planned expenses, or wealth accumulation without market risk.

Smart Bachat Plus encourages regular savings habits while ensuring your family remains financially protected. It offers guaranteed benefits and peace of mind, making it suitable for conservative investors who prefer certainty over market fluctuations.

• Savings plan with life insurance cover
• Guaranteed benefits as per policy terms
• No market-linked risk
• Flexible premium payment options
• Tax benefits as per prevailing income tax laws

You pay premiums for the chosen premium payment term. The plan provides life cover during the policy term and pays guaranteed benefits at maturity as per policy conditions. In case of death during the policy term, the nominee receives the death benefit, ensuring family protection.

This maturity amount can be used for planned financial needs such as children’s education, home-related expenses, or as a savings corpus for future goals.

• Individuals seeking savings with protection
• Risk-averse customers preferring guaranteed plans
• Families planning disciplined long-term savings
• People looking for simple, stable financial planning

SBI Life Smart Bachat Plus is a dependable savings and protection plan that helps you build financial discipline while safeguarding your family’s future. It offers guaranteed benefits, stability, and peace of mind for long-term financial planning.