Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital (ABCL), has unveiled a fixed-maturity plan offering returns of up to 6.41 per cent to compete with fixed-deposit products offered by banks.
This is a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump-sum on maturity. This plan is designed to offer policyholders short and long-term financial security by integrating FD beating returns and protection.
Aditya Birla Capital is one of the largest financial services players in India.