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IndiaFirst Guaranteed Retirement Plan - Bonus Rates Calculate Maturity Value
IndiaFirst Guaranteed Retirement Plan - Bonus Rates Calculate  Maturity Value
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Bonus rates for IndiaFirst Guaranteed Retirement Plan (UIN:143N026V01) 

The table below shows the Bonus rates declared for IndiaFirst Guaranteed Retirement Plan from inception. You can use this to calculate the IndiaFirst Guaranteed Retirement Plan Maturity Value. Reversionary Bonus for your policy is calculated as a percentage of sum assured.

In case you have a plan with Sum Assured of Rs. 5,00,000 - Use the values in the table as following:

Bonus Value = (Sum Assured x Bonus Rate / 100) = 5,00,000 x Bonus Rate / 100


Reversionary Bonus for IndiaFirst Guaranteed Retirement Plan ( UIN -143N026V01)

 
Year Single Pay Bonus Rate Regular Pay Bonus Rate
2018-19 5.00% 5.00%
2017-18 4.00% 3.75%
2016-17 3.75% -
2015-16 3.75% -


Interim Bonus for IndiaFirst Guaranteed Retirement Plan

Interim bonus is applicable for exits after 31st March of the next year but before the declaration of the next year reversionary bonus.
 
Year Single Pay Bonus Rate Regular Pay Bonus Rate
2018-19 4.5% 4.5%
2017-18 3.0% 3.0%
2016-17 3.0% -
2015-16 3.0% -
 

Terminal Bonus

Terminal Bonus refers to a one time payment which is applicable to your policy and is payable at the time of claim i.e either on death or maturity as the case may be.

As of now we dont have any information on terminal bonus of this plan.


Maturity Benefit

So to get to the Survival value of IndiaFirst Guaranteed Retirement Plan, you have to add all of the following - Sum Insured + Guaranteed Additions + Vested Guaranteed Additions + Vested Simple Revisionary Bonus + Terminal Bonus (if any) + Interim Bonus (if any)

Do let us know in case you need any further information on the bonus rates for this plan or in calculating the returns for your IndiaFirst Guaranteed Retirement Plan

Please contact the IndiaFirst Life's office for exact details of the bonus which has accrued in your plan.

You can read know more about the plan and it’s working here - IndiaFirst Guaranteed Retirement Plan Review

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