Bandhan Life Product Offerings for Bandhan Bank

Bandhan Life iTerm Return of Premium (UIN: 138N094V01). A Non-Linked, Non-Participating, Individual Life Insurance Term Plan. Life insurance cover is available under this product. For more details on risk factors, terms & conditions please read sales brochures and benefits illustrations carefully before concluding a sale. Insurance issuance is subject to Board Approved Underwriting Policy.

[^^] All ages mentioned are applicable as on last birthday.

[*] Assuming all other factors remain constant, premiums for female lives will be lower than those for male lives.

[~] The modal factor applicable to the Premium Payment frequencies other than Annual will be as follows:

Half-Yearly Premium = Annualized Premium x 0.512
Quarterly Premium = Annualized Premium x 0.259
Monthly Premium = Annualized Premium x 0.087

[^] Claim Settlement Ratio: Individual Death Claim Settlement Ratio for Bandhan Life Insurance Limited for FY 2024-25 is 99.73% as per annual audited figures.

[%] Premium Paid, Maturity Benefit, Death Benefit and Surrender Value are eligible for tax benefits subject to the conditions under Sections 80C (under OLD Regime of The Income Tax Act, 1961 only), 10(10D), 115BAC and other provisions of the Income Tax Act, 1961. Goods and Services Tax and Cesses, if any, will be charged extra as per prevailing rates. Tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor and take independent tax advice for eligibility and before claiming any benefit under the policy.

[$] A maximum of 7% discount (2% discount for existing customers and 5% discount for customers either enabling automated digital underwriting through data available from digital sources or purchasing policy through digital platforms) can be availed on first-year premiums. Please refer to the sales brochure for further details and eligibility conditions.

[@] In case of survival of the life assured till the end of policy term for an in-force policy (provided all due premiums have been paid), the maturity benefit payable shall be 100% of Total Premiums Paid plus underwriting extra premium plus loadings for modal premiums.

ADVT No. II/Jul 2025/0169

Bandhan Life iIncome Wealth (UIN:138N119V01) is a Non-linked Participating Life Insurance Individual Savings Plan. Life insurance cover is available under this product. For more details on risk factors, terms and conditions, please read the sales brochure and benefits illustrations carefully before concluding a sale. Issuance is subject to board-approved underwriting policy.

[1] Income is only payable under Early and Deferred Income options. Income will be payable in the form of Guaranteed Income and Cash Bonus (if declared). Cash bonus rates, if any, will be declared at end of valuation period (currently end of financial year) and will be paid out to eligible policyholders during the next year as per the date chosen by the policyholder at policy inception.

[2]Income will be paid from the first policy month if Early Income option is selected with 0 deferment period and monthly income frequency.

[3] If Secure Policy Benefit is selected, on death of the Life Assured during the policy term, income and maturity benefits payable as on date of death will continue intact. Future premiums, if any, will be waived.

[4] You can choose to accumulate income during the policy term. You can also switch between accumulating income (if any) and receiving regular payouts during the policy term. You can withdraw from the accumulated income pool partly/ fully at any time during the policy term. Applicable only for Early Income and Deferred Income options. For more details, please refer the sales brochure before concluding the sale.

[5] Premium Offset feature will be available provided first three full year’s premiums have been paid. Applicable only for Early Income option.

[6] This is applicable for Early and Deferred Income options if annual income frequency has been chosen.

[7] The modal factors applicable are as below and are calculated on Annualized Premium

Half-Yearly Premium = Annualized Premium multiplied by 0.512

Quarterly premium = Annualized Premium multiplied by 0.259

Monthly Premium = Annualized Premium multiplied by 0.087

[8] Income (when income is paid in arrears) for different frequencies shall be calculated as following:

Annual    100% of annual income
Half-yearly    98% of annual income/2
Quarterly    97% of annual income/4
Monthly    96% of annual income/12
Income (when income is paid in advance) for different frequencies shall be calculated as following:

Annual    92.0% of annual income
Half-yearly    93.0% of annual income/2
Quarterly    94.25% of annual income/4
Monthly    94.5% of annual income/12
[9] On choosing ‘Advance’ income timing, the income shall be paid at the start of the chosen income frequency. If ‘Arrears’ income timing has been chosen, income shall be paid at the end of the chosen income frequency.

[#] Premiums mentioned above are exclusive of taxes.

[^^] All ages mentioned are applicable as on last birthday.

[%] All tax benefits are subject to tax laws prevailing at the time of payment of premium or receipt of benefits by you and are applicable only if all due premiums are paid and the policy being in force on the date of maturity. Avail Tax Benefits under Section 80C and 10(10D) and other provisions of the Income Tax Act, 1961. Goods and Services Tax and Cesses, if any, will be charged extra as per prevailing rates. Tax benefits and tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for details, before acting on above. The Company does not assume responsibility on tax implication mentioned anywhere in this page. It is recommended to obtain professional advice for applicability of tax benefits.

[^] Claim Settlement Ratio: Individual Death Claim Settlement Ratio for Bandhan Life Insurance Limited for FY 2024-25 is 99.73% as per annual audited figures.

ADVT No. II/May 2025/0069

Bandhan Life Guaranteed Income Plan (UIN:138N118V01) is a Non-linked Non-Participating Life Insurance Individual Savings Plan. Life insurance cover is available under this product. For more details on risk factors, terms and conditions, please read the sales brochure and benefits illustrations carefully before concluding a sale. Issuance is subject to Board Approved Underwriting Policy.

[^^]All ages are as of last birthday

[1] The modal factors applicable are as below and are calculated on Annualized Premium
Half-Yearly Premium = Annualized Premium multiplied by 0.512
Quarterly premium = Annualized Premium multiplied by 0.259
Monthly Premium = Annualized Premium multiplied by 0.087

[2] Secured Income/Guaranteed Income (when income is paid in arrears) for different frequencies shall be calculated as following:
Annual: 100% of annual Secured Income/Guaranteed Income Payouts
Half-Yearly: 98% of annual (Secured Income/Guaranteed Income Payouts)/2
Quarterly: 97% of annual (Secured Income/Guaranteed Income Payouts)/4
Monthly: 96% of annual (Secured Income/Guaranteed Income Payouts)/12

[*]Premium Offset feature will be available provided first three full year’s premiums have been paid.

[%]All tax benefits are subject to tax laws prevailing at the time of payment of premium or receipt of benefits by you and are applicable only if all due premiums are paid and the policy being in force on the date of maturity. Avail Tax Benefits under Section 80C and 10(10D) and other provisions of the Income Tax Act, 1961. Goods and Services Tax and Cesses, if any, will be charged extra as per prevailing rates. Tax benefits and tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for details, before acting on above. The Company does not assume responsibility on tax implication mentioned anywhere in this page. It is recommended to obtain professional advice for applicability of tax benefits.

[^]Claim Settlement Ratio: Individual Death Claim Settlement Ratio for Bandhan Life Insurance Limited for FY 2024-25 is 99.73% as per annual audited figures

[#] Premiums mentioned here are exclusive of taxes.

[&] Under Flexi Start option, if you choose Return of Premium benefit, 100% of Total Premiums paid along with 10% of Additional Loyalty payout shall be paid. If you opt for Extended Benefit option, you will get back 100% of Total Premiums Paid. For more details, please refer the sales brochure before concluding the sale.

[3] Accumulate Income to Build Wealth: You can choose to accumulate Secured Income during the policy term. You can also switch between accumulating Secured Income payouts (if any) and receiving regular payouts during the policy term. For more details, please refer the sales brochure before concluding the sale.

[4] Under Flexi Start, life cover is provided during the policy term. Life cover is not available during the income period. Under the Extended Benefit option, life cover is provided throughout the policy term.

[5] Income shall be paid from the end of 1st policy year

ADVT II/Dec 2024/7375

Bandhan Life iGuarantee Vishwas. (UIN:138N096V02) is a Non-linked Non-Participating Life Insurance Individual Savings Plan. Life insurance cover is available under this product. For more details on risk factors, terms and conditions, please read the sales brochure and benefits illustrations carefully before concluding a sale. Issuance is subject to board-approved underwriting policy. Guaranteed benefits are available only if all premiums are paid as per the premium paying term and the policy is in-force till the completion of entire policy term opted.

[!] The return has been calculated on annualized premium for a 25 years old, healthy male, for an annualized premium of INR 1,20,000 for a policy term of 20 years and premium paying term of 10 years, provided that all premiums (excluding applicable taxes, cesses and levies) have been paid as and when due and the policy is in force till maturity.

[%] Premium paid under the plan is eligible for Tax Benefits u/s 80C. Tax benefit is subject to provisions of Income Tax Act, 1961 and tax laws are subject to amendments from time to time. The amount of ₹46,800 has been calculated for a 30 year old, salaried, male with an annual income of 30 lacs and opted for old tax regime. The Company does not assume responsibility on tax implication mentioned anywhere in this page. It is recommended to obtain professional advice for applicability of tax benefits.

[$] Guaranteed benefits are available only if all premiums are paid as per the premium paying term and the policy is in-force till the completion of entire policy term opted. For more information on guaranteed returns & guaranteed addition, please refer to the product brochure.

[***] All ages mentioned are applicable as on last birthday.

[‘] Annualized Premium means the Policy Premium amount payable in a year chosen by the Policyholder, excluding the taxes, rider premiums, and underwriting extra premiums.

[#] Premiums mentioned above are exclusive of taxes.

[^] Claim Settlement Ratio: Individual Death Claim Settlement Ratio for Bandhan Life Insurance Limited for FY 2023-24 is 99.66% as per annual audited figures.

This is a Point Of Sale product and it will not have any medical examination.

ADVT No. II/Sep 2024/7222

Bandhan Life Shubh Samriddhi (UIN:138N097V01) is a Non-linked Participating Life Insurance Individual Savings Plan. Life insurance cover is available under this product. For more details on risk factors, terms and conditions, please read the sales brochure and benefits illustrations carefully before concluding a sale. Issuance is subject to board-approved underwriting policy.

[^^] Cash bonus rates, if any, will be declared at end of valuation period (currently end of financial year) and will be paid out to eligible policyholders during the next year as per the date chosen by the policyholder at policy inception.

[1]The modal factors applicable are as below and are calculated on Annualized Premium

Half-Yearly Premium = Annualized Premium multiplied by 0.512

Quarterly premium = Annualized Premium multiplied by 0.259

Monthly Premium = Annualized Premium multiplied by 0.087

[%] All tax benefits are subject to tax laws prevailing at the time of payment of premium or receipt of benefits by you and are applicable only if all due premiums are paid and the policy being in force on the date of maturity. Avail Tax Benefits under Section 80C and 10(10D) and other provisions of the Income Tax Act, 1961. Goods and Services Tax and Cesses, if any, will be charged extra as per prevailing rates. Tax benefits and tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for details, before acting on above. The Company does not assume responsibility on tax implication mentioned anywhere in this page. It is recommended to obtain professional advice for applicability of tax benefits.

[***] All ages mentioned are applicable as on last birthday.

[‘] Annualized Premium means the Policy Premium amount payable in a year chosen by the Policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums if any as specified in the Policy Schedule.

[#] Premiums mentioned above are exclusive of taxes.

[^] Claim Settlement Ratio: Individual Death Claim Settlement Ratio for Bandhan Life Insurance Limited for FY 2023-24 is 99.03% as per annual audited figures.

[<] Customers can choose a policy term of 20 years to 40 years subject to maturity age not breaching 95 years; or they can opt for policy term till age 100.

[*] T&C Apply

ADVT No: II/Oct 2024/7259

Bandhan Life iInvest II (UIN - 138L089V01) is an online, unit-linked non-participating individual life insurance savings plan. Life insurance cover is available under this product. IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. THE LINKED INSURANCE PRODUCT DO NOT OFFER ANY LIQUIDITY DURING THE FIRST FIVE YEARS OF THE CONTRACT. THE POLICY HOLDER WILL NOT BE ABLE TO SURRENDER/WITHDRAW THE MONIES INVESTED IN LINKED INSURANCE PRODUCTS COMPLETELY OR PARTIALLY TILL THE END OF THE FIFTH YEAR. Unit-linked life insurance products are different from the traditional insurance products and are subject to risk factors.

[!] Premiums paid in unit-linked life insurance policies are subject to investment risks associated with capital markets, and NAVs of the units may go up or down, based on the performance of the fund and factors influencing the capital market and the insured is responsible for his/her decisions. Please make your own independent decision after consulting your financial or other professional advisor. The performance of the managed portfolios and funds is not guaranteed and the value may increase or decrease in accordance with the future experience of the managed portfolios and funds

Bandhan Life Insurance Limited is only the name of the Life Insurance Company and Bandhan Life iInvest II Plan UIN - 138L089V01 is only the name of the unit-linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges from your insurance agent or intermediary or policy document issued by us.

The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.

The past performance of the funds is not indicative of the future performance.

Life Insurance cover is available in this plan. For more details on risk factors, terms & conditions please read sales brochures and benefits illustrations carefully before concluding a sale. Issuance is subject to board-approved underwriting policy .

Buying a Life Insurance Policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than all the premium paid.

[%] Tax benefits under the policy are subject to conditions under Sections 80C, 10(10D), 115BAC and other provisions of the Income Tax Act,1961. Goods and Services tax and Cesses, if any will be charged extra as per prevailing rates. Tax laws are subject to amendments made thereto from time to time. The Company does not assume responsibility on tax implication mentioned anywhere in this page. It is recommended to obtain professional advice for applicability of tax benefits.

[^] Individual Death Claim Settlement Ratio for Bandhan Life Insurance Limited for FY 2023-24 is 99.73% as per annual audited figures.

[***] All ages mentioned are applicable as on last birthday.

[‘] At the end of policy term, total mortality charges including the extra mortality charges and excluding the applicable taxes would be added to the Total fund value provided all due premiums have been received.

[“] An amount equal to total of premium allocation charges deducted (excluding taxes) in the policy during the policy term will be added back to the Base Fund value at the end of the 10th policy year provided all the due premiums have been received and is only applicable for policies which are sold through offline channel. No Allocation charges would be deducted from the policies sold through direct channel.

For more details, please read the policy document.

[*] T&C Apply

Bandhan Life Pradhan Mantri Jeevan Jyoti Yojana. UIN (138G093V01). A Non-linked, Non-participating Renewable Pure Risk Premium Group Life Insurance Product. Life insurance cover is available in this plan.

*Applicable Tax and/ or any other statutory levy/ duty/ surcharge will be applicable on your premiums, as notified by the Central and/ or State Government from time to time as per the provisions of the prevalent tax laws. The premium may be modified on any annual renewal date or any other date as amended by the Government of India under the Pradhan Mantri Jeevan Jyoti Bima Yojana

^Minimum ages are applicable as on last birthday and maximum ages are applicable as on nearest birthday

!Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

ADVT No. II/Dec 2024/7389

Bandhan Life iRetire (UIN: 138N120V01), is a Non-Linked Non-Participating Individual Savings General Annuity Plan.

Life insurance cover is available under this product. For more details on risk factors, terms & conditions please read sales brochures and benefits illustrations carefully before concluding a sale. Insurance issuance is subject to Board Approved Underwriting Policy.

*All ages above are applicable as on last birthday. Applicable for both Primary & Secondary Annuitant. For policyholders of Bandhan Life Insurance pension policies, the minimum entry age is 18 years, and the minimum vesting age is 19 years.

Annuity amount will be payable in arrears during the Annuity period i.e. at end of every month, quarter, half-year or year, after completion of deferment period, as chosen.

1Minimum Premium shall be subject to the minimum annuity amount offered to policyholders as mentioned below.

^Annuity rate is fixed once the policy has been purchased and shall remain the same for the duration of the policy. Amount of guaranteed income will depend upon Premium(s) paid subject to applicable terms and conditions.

2Deferment period shall start after the end of the premium payment term. Annuity payment will begin from the year following the end of the deferment period, in arrears, based on the annuity frequency chosen.

T&C apply ADVT No. II/Sep 2025/0257