BSLI - Bachat Endowment Plan- Return on Investment

Hi

Can anyone suggest me what is the return on investment on Bachat Endowment policy.

Regards
Rahul

BSLI Bachat Endowment Plan

What is the Returns expected? Less than Fixed Deposit

KEY BENEFITS of BSLI Bachat Endowment Plan
A. Maturity Benefit: On maturity after 20 years, you will receive
1- All Monthly Base Premiums paid; plus
2- All Bachat Additions earned; plus
3- The Loyalty Addition

B. Death Benefit: In the unfortunate event of death of the life insured, the nominee shall receive
1- All Monthly Base Premiums paid (or Sum Assured if higher); plus
2- All Bachat Additions earned; plus
3- The Loyalty Addition

For details - how to calulate the Bachat Additions and Loyalty Addition? read here - Link

Add all the above and get the final figure.

Example -
Annual Premium = Rs. 6,000
Policy Term = 20 years
Bachat Addition Rate = 5%

After 20 Years: Assumption Only
Total Premium Paid = 120,000
Bachat Addition Payable @5% = 63,000
Laoyalty Additions = 33,075

Total Benefit payable to policyholder = 2,16,075
Return - 5.073%

Please note that-
1- Bachat Addition: These are added at the end of every policy year.
2- Loyalty Addition: These will be added on maturity or death of life insured.

Some Good Readings -
1- ET
2- LM

Thanks for all information, are you an Financial Advisor. Reason i am aksing, i need advise here,

I have taken this policy 3 years back, and finding no use. Better to invest some other option instead paying for 20 years.

i have already made 3 installments of Rs 25K. Now if i surrender now after 3 years will loose lots of money.

REgards
RB

If you are asking me then I am not Financial Advisor. See my sign for info :EmoticonCool:

Surrendering this plan is not good financialy and keeping also not good because you are not earning equal to Fixed Deposit. See this thread - Link

It's a hard call but you have to take.