National, 01st July, 2026 (BFN Bureau): Bandhan Life Insurance has launched a new product called Secure ‘N’ Grow, designed to offer customers both guaranteed returns and market-linked growth. This innovative insurance solution aims to meet the evolving financial needs of consumers.
Combining Strengths for Better Benefits
Secure ‘N’ Grow merges two existing products: Bandhan Life iGuarantee Vishwas, which provides assured benefits, and Bandhan Life iInvest II, a unit-linked insurance plan that offers market growth. The new plan automatically allocates premiums between these two components, ensuring a balanced approach to financial security and growth.
“As financial awareness grows, customers are increasingly looking for solutions that offer both stability and growth,” said Satishwar B., MD and CEO of Bandhan Life Insurance. This product reflects the company’s commitment to helping families achieve their financial goals.
Targeting Diverse Financial Needs
Women customers will benefit from enhanced payouts under this capital guarantee solution. Additionally, premiums may qualify for tax deductions under Section 80C of the Income Tax Act, and maturity proceeds could be tax-exempt under Section 10(10D).
Secure ‘N’ Grow is tailored for a variety of customers, including first-time market participants, long-term savers, and retirees looking to create a legacy. It is available through Bandhan Bank branches across India and other distribution partners.
What This Means For You
This new insurance solution provides a unique opportunity for individuals seeking both security and growth in their investments. It caters to diverse financial needs, making it a relevant option for many.
Key Takeaways
- Bandhan Life launches Secure ‘N’ Grow, combining guaranteed returns and market-linked growth.
- Women customers receive enhanced benefits with higher payouts.
- Available through Bandhan Bank branches and other partners nationwide.
