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SBI Life Smart Humsafar Plan Bonus Rates. Calculate returns & Maturity Value
SBI Life Smart Humsafar Plan Bonus Rates. Calculate returns & Maturity Value
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Bonus rates for SBI Life Smart Humsafar Plan

The table below shows the Bonus rates declared for SBI Life Smart Humsafar Policy from inception. You can use this to calculate the SBI Life Smart Humsafar Plan Maturity Value. The vested bonus rates are 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) = (5,00,000 x Bonus Rate)

Simple Reversionary Bonus for SBI Life Smart Humsafar (Regular Premium UIN:111N103V01) Plan
 
Year Policy Term (in years) Bonus Rate
2019 10-14 2.75%
15-19 2.75%
20-24 2.75%
25 & above 2.75%
2018 10-14 2.75%
15-19 2.75%
20-24 2.75%
25 & above 2.75%
2017 10 - 14 2.75%
15 - 19 2.75%
20 - 24 2.75%
25 & above 2.75%
2016 10 - 14 2.75%
15 - 19 2.75%
20 - 24 2.75%
25 & above 2.75%


Simple Reversionary Bonus for SBI Life Smart Humsafar (Regular Premium UIN:111N103V02) Plan
 
Year Policy Term (in years) Bonus Rate
2019 10-14 2.75%
15-19 2.75%
20-24 2.75%
25 & above 2.75%
2018 10-14 2.75%
15-19 2.75%
20-24 2.75%
25 & above 2.75%
2017 10 - 14 2.75%
15 - 19 2.75%
20 - 24 2.75%
25 & above 2.75%

Terminal Bonus
Terminal bonus is one time bonus which is payable at maturity. Terminal Bonus is a percentage of the total amount of bonuses allocated including Simple Reversionary, Interim and Special bonuses, if any. As of now, no terminal bonus has been declared in this plan.

Interim Bonus
If policy matures or death occurs before the end of the financial year or between the two successive bonus declaration dates, then the interim bonus is payable.

Interim Bonus for SBI Life Smart Humsafar (Regular Premium UIN:111N103V01) Plan
 
Year Policy Term (in years) Bonus Rate
2019 10-14 2.75%
15-19 2.75%
20-24 2.75%
25 & above 2.75%
2018 10-14 2.75%
15-19 2.75%
20-24 2.75%
25 & above 2.75%
2017 10 - 14 2.75%
15 - 19 2.75%
20 - 24 2.75%
25 & above 2.75%
2016 10 - 14 2.75%
15 - 19 2.75%
20 - 24 2.75%
25 & above 2.75%

Interim Bonus for SBI Life Smart Humsafar (Regular Premium UIN:111N103V02) Plan
 
Year Policy Term (in years) Bonus Rate
2019 10-14 2.75%
15-19 2.75%
20-24 2.75%
25 & above 2.75%
2018 10-14 2.75%
15-19 2.75%
20-24 2.75%
25 & above 2.75%
2017 10 - 14 2.75%
15 - 19 2.75%
20 - 24 2.75%
25 & above 2.75%

Note: Reversionary and Interim Bonus Rates are a percentage of Sum Assured.

Maturity Value
So to get to the SBI Life Smart Humsafar Plan, you have to add all of the following - Sum Assured + Accrued bonus + Any special bonus + Terminal Bonus.

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 SBI Life Smart Humsafar Policy. 

Please contact the SBI Life office for exact details of the bonus which has accrued in your plan.You can read more about the plan and it’s working here - SBI Life Smart Humsafar Plan.

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