SBI Life to launch 'Unit Plus Two Pension Plan'

Rajahmundri, Feb 13: State Bank Of India (SBI) Life Insurance will launch 'Unit Plus Two Pension Plan' on February 15.

Addressing presspersons here today SBI Life vice-president N K V Roop Kumar said the scheme, which comes in six types, would be beneficial to people in the 18-60 age group consisting youth, employees and traders.

The bank targetted premiums worth Rs 2500 crore in this fiscal as against Rs 1000 crore in the last fiscal.

Mr Kumar said the Rajahmundry unit of SBI Life had netted premiums worth Rs 2.5 crore till date in this fiscal, as against the target of Rs five crore.

UNI