6 responses

  1. dhanasekar
    December 22, 2011

    can any one say about SBI swadhan saving plans… any drawbacks inthat?
    or else suggest me anything

    • admin
      December 23, 2011

      SBI Swadhan is the term insurance policy with return of premium. I do not suggest this policy. The premium is very HIGH as compares to term insurance of normal policy, which is easily available on internet. Also, the premium returned on maturity is WITHOUT any interest. So, it’s better to take simple term insurance policy and invest rest of the amount in PPF, Gold or mutual funds. It will give you more return.
      Hope it will help you.
      Admin

  2. Saam
    November 13, 2011

    Crappppppp! the fund under Unit Plus Child Plan doesn’t grow it shrinks by deducting monthly services charges. i have paied 48000/- till date and the fun value is 34000/- wow! what a policy.
    End of 10 to 15 Years it gonna b recurring 6 Units deduction every month 72units deduction per year and 720 Units in 10 Years. and the fund value gonna be zero for sure.
    They charge around 30% in the begining of the policy and charge around 1 – 2% every month admin charges . what the hell.

    • admin
      November 15, 2011

      Every ULIP charges some amount. It’s better to read such charges before signing the application form rather than to regret later on.
      Admin

  3. HARBANS MANN
    May 18, 2011

    I AM NRI I WOULD LIKE TO WHAT KIND GOOD SAVING PLAN FOR CHLD EDUCATONS TO AGE SIX AND EIGHT THANX

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