• Close

Help Us To Help You

Thank you for your interest. Our representative will get in touch with you shortly

You may be eligible for a pre approved loan.
Login to NetBanking

(A Non-Linked Non-Participating Life Insurance Plan)

UIN: 101N097V10

Life is full of responsibilities and as a responsible individual you aspire to build a financially secured life for your loved ones. Guaranteed returns helps you to fulfil your responsibility with ease. HDFC Life Sanchay, a non-participating insurance plan, that offers guaranteed* benefits along with flexibility to choose your investment horizon.

*Provided the policy is in-force and all due premiums have been paid. On survival, at end of policy term, you will receive lump sum benefit equal to aggregate of Sum Assured on Maturity and Accrued Guaranteed Additions. For e.g. If you choose a policy term of 5 years, the guaranteed benefit on maturity will be 140% of Sum Assured on Maturity. For a policy term of 40 years, the guaranteed benefit on maturity will be 460% of Sum Assured on Maturity.

Buy Now

key attractions

Guaranteed1 Maturity Payout

Guaranteed1 maturity payout of 140% to 460% of Sum Assured on Maturity

Maturity Benefit

At maturity, you will receive a Guaranteed1 lump sum benefit as the aggregate of Sum Assured on Maturity and Guaranteed1 Additions

Short Medical Questionnaire2

This plan is available with a Short Medical Questionnaire (SMQ) based underwriting3


  • Entry Age:

  • Min: 30 days^ for Limited Pay and 5 years for Single Pay

  • Max: 65 years for Limited Pay and 50 years for Single Pay

  • Maturity Age: 85 years

  • Policy Term:

    • Minimum Policy Term:

      • Single Pay: 5 years

      • Premium Paying Term 5 years: 10 years

      • Premium Paying Term 6 years: 12 years

      • Premium Paying Term 8 and 10 years: 15 years

    • Maximum Policy Term:

      • Single Pay: 20 years

      • Premium paying Term 6 years: 12 years

      • Premium paying Term 5, 8 and 10 years: 40* years

All ages mentioned above are age last birthday.

^For all ages, risk commences from the date of inception of the contract. The minimum age at maturity should be 18 years.

*The policy terms available are 10 years, 15 to 40 years for Premium Payment Term of 5 years, 12 years for Premium Payment Term of 6 years, 15 to 40 years for Premium Payment Term of 8 and 10 years, 5 to 20 years for Single Pay.


Guaranteed Additions:

The plan offers guaranteed additions as percentage of Sum Assured on Maturity accrued at a simple rate for each completed policy year, throughout the policy term. These Guaranteed Additions are payable at Maturity or Death whichever is earlier, subject to all due premiums being paid. In case of surrender, the surrender value of Guaranteed Additions will be payable.

Policy Term (Years)

GA as % of Sum Assured on Maturity

5 to19 years


20 to 40 years


Maturity Benefit:

On your survival, at end of the policy term, you will receive lump sum benefit as aggregate of:

  • Sum Assured on Maturity

  • Accrued Guaranteed Additions

For further details on Maturity benefit as percentage of Sum Assured on Maturity as per term chosen, please refer to the product brochure.

Death Benefit:

On death during the policy term, provided all the due premiums have been paid, we will pay Sum Assured on Death PLUS Accrued Guaranteed Additions to the nominee Where the Sum Assured on Death shall be the higher of:

  • Sum Assured on Maturity

  • An absolute amount assured to be paid on death, which in this case is equal to the Sum Assured on Maturity

  • 105% of total premiums paid1

  • 10 times Annualized Premium2

For death benefit on a reduced Paid Up policy, please refer to the Section on Reduced Paid-Up in product brochure.

1Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

2Annualized Premium shall be the premium amount payable in a year, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.


  • HDFC Life Income Benefit on Accidental Disability Rider (UIN - 101B013V03): A benefit equal to 1% of Rider Sum Assured per month for the next 10 years, in case of an Accidental Total Permanent Disability. There is no maturity benefit available under this rider.

  • HDFC Life Critical Illness Plus Rider (UIN - 101B014V02): A lump sum benefit equal to the Rider Sum Assured shall be payable in case you are diagnosed with any of the 19 Critical Illnesses and survive for a period of 30 days following the diagnosis. There is no maturity benefit available under this rider.

Please refer to the respective Rider Brochures on for more details on Riders.

Payment Options

You can choose your premium as per your needs. You can choose to pay your premiums either annually, half yearly, quarterly or monthly. The Premium limits are as follows:

Frequency of Premium Payment

Minimum Installment Premium

Maximum Installment Premium


₹ 1,00,000

No Limit1


₹ 1,000


₹ 500


₹ 250


₹ 83

1The acceptance of any case is subject to satisfactory underwriting and the requirements being fulfilled. The minimum premium amounts are exclusive of taxes and levies as applicable.

How Does It Work?

HDFC Life Sanchay – Death Benefit

Ramesh, 35 year old individual, pays premium of Rs 1,13,9454 annually for 5 years in the HDFC Life Sanchay. He chooses a policy term of 15 years. His Sum Assured on Maturity in the plan is Rs 5,00,000. He will receive a guaranteed maturity benefit of Rs 11,00,000 at the end of the policy term.

Below table illustrates his benefits in the plan.

4Premium is exclusive of taxes and levies as applicable. The values shown are for illustrative purposes only. Please refer the sales illustration for the exact premium.


1Provided the policy is in-force and all due premiums have been paid.

2Subject to age limit and limit on maximum sum assured on maturity. Please refer product brochure for further details.

3Please speak to our Financial Consultant to know more details.

HDFC Life Insurance Company Limited (“HDFC Life”). CIN: L65110MH2000PLC128245. IRDAI Registration No. 101.

Registered Office: 13th Floor, Lodha Excelus, Apollo Mills Compound, N. M. Joshi Marg, Mahalaxmi, Mumbai - 400 011.

Email:, Tel. No: 1860 267 9999 (Mon-Sat 10 am to 7 pm) Local charges apply. Do NOT prefix any country code. e.g. +91 or 00. Website:

The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited.

HDFC Life Sanchay (Form no. P501-118 UIN: 101N097V10) is a Non-Linked, Non-Participating, Life Insurance Plan. For more details on risk factors, associated terms and conditions and exclusions, please read the sales brochure carefully before concluding a sale.

Yes Bank is the Corporate Agent (IRDAI Reg. No. CA0125) of HDFC Life. Life Insurance policies are underwritten by HDFC Life. Purchase of life insurance policy is voluntary. ARN: BA/03/21/2309


IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums.

Public receiving such phone calls are requested to lodge a police complaint.

what would you like to do next?

Important Documents
download app
Android App for YES BANK
App Store for YES BANK
yes pay wallet

Digital Wallet with free Virtual card and UPI which can be used to send/receive money, mobile/DTH recharge, pay bills and much more

Read More

Download Forms

Documents Required

  • HDFC Life Sanchay -Leaflet
  • HDFC Life Sanchay - Brochure
  • HDFC Life Sanchay - Premium Chart
  • Commission Disclosure
  • HDFC Life Sanchay - One Pager
  • HDFC Life Sanchay -Standard Disclaimer