Tax-Free Guaranteed Plans in India
High Returns & Life Cover
In
today’s era of falling interest rates, finding a secure and high-return investment option has become a priority. Tax-free guaranteed plans are one
of the best alternatives to fixed deposits, offering assured returns, tax-free
income, and life cover protection, making them a smart choice for long-term
financial security.
What Are Tax-FreeGuaranteed Plans?
Tax-free guaranteed plans
are insurance-backed investment products designed to give you predictable and
safe returns. These plans provide:
•
Guaranteed maturity lump sum at the end of the policy term.
•
Yearly guaranteed income (starting from a chosen year) until maturity,
completely tax-free under Section 10(10D) of the Income Tax Act.
•
Life cover of 10x annual premium, ensuring your family’s financial security in
case of unexpected events.
With these plans, you can
lock in a high interest rate for the entire term, unaffected by future market
or deposit rate fluctuations.
As
per current tax laws, subject to conditions.
Why Choose Tax-Free Guaranteed Plans Over Fixed Deposits?
While
fixed deposits (FDs) are considered safe, they have certain drawbacks:
• FD interest is fully taxable, reducing actual returns.
•
FD rates drop when renewed after maturity.
•
No life cover benefit.
In
comparison, tax-free guaranteed plans offer:
•
Assured returns for the full policy term, immune to future interest rate cuts.
• Tax-free payouts, increasing effective returns significantly.
•
In-built life cover of 10x annual premium at no extra cost.
Fixed Deposit vs.
Tax-Free Guaranteed Plans
|
Feature |
Fixed
Deposit |
Tax-Free
Guaranteed Plan |
|
Return
Rate |
Fixed
for the short term, may drop later |
Locked-in
high rate for full term (up to 20–30 years) |
|
Tax
Treatment |
Fully
taxable interest |
Tax-free
maturity & yearly income (Sec 10(10D)) |
|
Life
Cover |
None |
10x
annual premium life cover |
|
Payout
Options |
Lump
sum only |
Lump
sum + yearly guaranteed income |
|
Rate
Lock-In |
Short-term
(1–5 years) |
Long-term
(up to 30 years) |
|
Risk
Level |
Low |
Low
(regulated by IRDAI) |
|
Impact
of Falling Interest Rates |
New
FDs give lower returns |
No
impact – returns remain locked |
|
Goal
Suitability |
Short-term
savings |
Long-term
wealth + family protection |
|
Unforeseen
Event Protection |
None |
Full
life cover payout to family |
As
per current tax laws, subject to conditions.
Key
Benefits of Tax-Free Guaranteed Plans
•
Guaranteed maturity amount for goals like higher education, marriage, or
retirement.
•
Tax-free yearly income during payout years ideal for retirement or
supplementing income.
•
High life cover (10x annual premium) ensures your family’s financial safety.
•
Locked-in high interest rates for the full term, even if FD rates fall.
•
Safe and risk-free – unaffected by stock market ups and downs.
Securing Your
Future and Family
These
plans are not just investments but complete financial protection tools. In case
of an unforeseen event, your family receives the life cover payout, while you
enjoy the assurance of stable, tax-free long-term returns. This makes tax-free guaranteed plans perfect for
building wealth and ensuring your loved ones remain financially secure.
Who Should Invest in Tax-Free Guaranteed
Plans?
•
NRIs and Indian residents seeking safe, long-term, tax-efficient investments.
•
Individuals planning retirement income or financial stability after career
years.
•
Parents preparing for children’s higher education or wedding expenses.
•
Anyone looking to earn better returns than fixed deposits without market risk.
Conclusion
A tax-free guaranteed plan is more than just an
investment, it’s
a way to:
• Lock in high guaranteed returns.
• Protect your family with life cover.
• Enjoy tax-free income under Section 10(10D).
• Beat fixed deposit returns with long-term financial certainty.
With interest rates dropping, now is
the right time to secure your future with a guaranteed return plan that works
for you and your family.
📞 Contact
Us Today
OnestopNRI Advisory Your Partner in Long-Term Financial Security
📱 Phone: +91 93210 34671
🌐 Website: www.onestopnriadvisory.com
📧 Email: info@onestopnriadvisory.com
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