Product Information
Protection Plans SBI Life - Grameen Bima
SBI Life - Grameen Bima is an individual, pure term, micro-insurance plan for the socially deprived and economically vulnerable segments of the population.


  • Choose your premium, correspondingly your life insurance cover will be determined.
  • Prompt Processing & Enrolment
  • No medical examination, acceptance would be based on satisfactory health declarations in the proposal form
  • Registration based on a simple form


  • Death Benefit
  • Maturity Benefit
  • Surrender Benefit
  • Tax Benefits
Age at entry Minimum: 18 years
Maximum: 50 years
Policy Term 5 years
Total Premium Amount Minimum: Rs. 300**
Maximum: Rs. 2000**
Premium amounts will be in multiples of Rs. 100
Premium Frequency Single
Sum Assured Minimum: Rs. 10,000
Maximum: Rs. 50,000^