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Indiafirst Csc Shubhlabh Plan
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Indiafirst Csc Shubhlabh Plan

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Enjoy the convenience of smaller savings with CSC Shubhlabh Plan, a low premium insurance plan that protects your family from life’s uncertainties while growing your investment year on year.REASONS TO BUY INDIAFIRST CSC SHUBHLABH PLAN
- Enjoy hassle-free enrolment by simply providing your name and Aadhaar number
- Guaranteed minimum floor rate of 1.0% per annum on the account value during the plan term
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India First Life Insurance Company Limited

Infinity Park, Mumbai, Maharashtra
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Call +91-22-61164900
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Product Description

Enjoy the convenience of smaller savings with CSC Shubhlabh Plan, a low premium insurance plan that protects your family from life’s uncertainties while growing your investment year on year.REASONS TO BUY INDIAFIRST CSC SHUBHLABH PLAN
  • Enjoy hassle-free enrolment by simply providing your name and Aadhaar number
  • Guaranteed minimum floor rate of 1.0% per annum on the account value during the plan term
  • Guaranteed additional interest of 4% p.a. for the first 5 plan years and 0.5% p.a. for the subsequent years
  • Avail easy access to your funds after five years through partial withdrawals
  • Make additional payments through the top-up facility anytime during the year
  • Pay premiums monthly, half-yearly, and yearly
  • Avail tax benefits under Section 80 C and Section 10 (10D) as per prevailing Income Tax Laws

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Indiafirst Csc Shubhlabh Plan

Company Details


About the Company

Nature of BusinessService Provider
IndiaMART Member SinceFeb 2014

Headquartered in Mumbai, IndiaFirst, with a share capital of INR 4750 mn (Rs. 475 crore), is one of the country's youngest life insurance company promoted by two large public sector banks - Bank of Baroda and Andhra Bank along with UK's leading risk, wealth and investment company Legal & General.

We launchedour operations nationwide in March, 2010 at the hands of ShriPranab Mukherjee, Former Minister of Finance, Government of India. We believe we can differentiate ourselves through simple, easy to understand products that are fairly priced and efficiently serviced.

We are today present in over 1000 cities and towns across the country through 6000 partner bank branches. We have covered over 1.74 million lives and have over INR 50 billion (Rs. 5000 crore) of AUM in just 4 years of operations.

Our product range covers the typical needs of health, security/ protection (term insurance), savings and wealth. We also have a wide range of group insurance products ranging from credit life, term and employee liability (gratuity and leave encashment) plans. We will follow this with a whole range of pension and micro insurance plans shortly.

IndiaFirst brings together a real understanding of the Indian consumers by the promoter banks with international best practices developed by Legal & General. Bank of Baroda holds a 44 percent stake in IndiaFirst, while Andhra Bank and Legal & General hold a 30 percent and 26 percent stake respectively.

Our Vision

"Become a life insurance and pension business leader in providing significant value for all stakeholders through true customer delight."

Business Highlights
  • One of the fastest growing life insurance company in the country. Moved from 23rd position to 8th position amongst private life insurers within 3 years
  • Defied industry trend – grew by 34% in terms of new business premium at the end of FY 2012-13
  • Over Rs. 5,000 crore of AUM – ensuring superior risk adjusted returns. Have consistently outperformed our benchmark indices
  • Over 1.74 million lives covered
  • Wide network with 6000 touch points across 1000 cities and towns
  • Over 30 awards won in a span of 3 years – across Operations, IT, Marketing and HR; including Company of the Year – Life Insurance at the Indian Insurance Awards, 2012
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