SBI Life Wealth Builder Scheme - Is it good?
Have a query about the SBI Wealth Builder Scheme? Looking out for detailed information about this scheme like what it is, how good is it and its returns? Here, on this page get advice from experts and resolve your concerns.
I was recently told by an agent about SBI Life's Wealth Builder Plan. From what he said, we have to pay equal installments for 5 years (Rs. 2lakh every year)and after 5 years our funds will be with them for another 5 years. At the end of the 10th year, we will get 25 Lakhs (approx). How good is this plan? Is it related to share market or mutual funds? If so is there any possibility that I will not even get Rs. 10 Lakh which I paid during the term.
Is SBI life good and trustworthy?
Can I know the benefits and flaws of the Wealth Builder scheme they offer?