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ICICI Pru Sukh Samruddhi
  1. Insurance
  2. Savings Plans
  3. ICICI Pru Sukh Samruddhi

Grow your savings with guaranteed (T&C apply) returns¹, a life cover⁵ and bonuses⁶ with ICICI Pru Sukh Samruddhi

Flexibility to choose a regular income1 or Lump Sum income1 as per your savings needs  

Save today for a prosperous tomorrow with ICICI Pru Sukh Samruddhi
  • Choose from
    2 plan options1

    as per your needs

  • Get
    additional flexibilities

    with Save the date2 and Savings Wallet3

  • Enjoy
    tax⁴ benefits

    on premiums paid and benefits received

Additional Details

Choice of premium paying term and Policy term

Enjoy flexible premium paying terms and policy terms for future goals

Choose the date to receive survival benefits

Option to receive income1 on any date of your choice with Save the date2

Accumulate / withdraw income

Option to accumulate income or withdraw it later as per your convenience with Savings wallet3

1Plan option/Guarantee: ICICI Pru Sukh Samruddhi offers two plan options namely ‘Lump sum’ and ‘Income’. The customer can choose any of the two available options. Guarantee is in the form of ‘Sum Assured on maturity’ in lumpsum plan option and ‘Guaranteed income’ in Income plan option. The life assured will receive a Guaranteed Income after completion of premium payment term, in arrears, at the end of every month/year, till the end of the policy term. You will receive the Guaranteed Income for the selected Income Term chosen by you at inception.


2Save the date: Under the ‘Income’ plan option, you can choose to receive guaranteed income on any one date succeeding the due date of first income to coincide with any special date. This option needs to be selected at policy inception which can be changed before the completion of the premium payment term and is only available with annual mode of income. If you have chosen a specific date to receive Guaranteed Income, the income, as applicable, payable from this date will be increased for the deferment period i.e. for the completed number of months between the due date of pay-out and the specific date chosen, at an interest rate equal to Reverse Repo Rate, compounded monthly. This interest rate on GIs will be reviewed twice every year on the 1st of June and the 1st of December and will be set equal to Reverse Repo Rate published on RBI’s website. This option to receive GIs on any one date can be availed by both in-force as well as paid-up policies. The last GI will be paid on the date of maturity of the policy and not on the special date chosen by you therefore, the interest rate mentioned above shall not be applicable for the last GI. It can be chosen only if the annual frequency of guaranteed income is selected under ‘Income’ plan option.


3Savings Wallet: You have an option to accumulate Guaranteed Incomes (GIs), instead of taking them as payment during the policy term. The GIs will be accumulated at an interest rate equal to Reverse Repo Rate published by RBI, compounded daily. This interest rate on GIs will be reviewed twice every year on 1st of June and 1st of December, and will be set equal to Reverse Repo Rate published on RBI’s website. You also have an option to withdraw, completely or partially, the accumulated GIs anytime during the Income Term. This option is only available under Income Plan option.


4Tax benefits may be available as per prevailing tax laws. 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 applicable rates. Tax laws are subject to amendments from time to time. Please consult your tax advisor for more details.


5Life cover is the benefit payable on death of the life assured during the policy term.


6Bonuses: Reversionary bonuses may be declared every financial year and will accrue to the policy if it is premium paying or fully paid. Reversionary bonus once declared is guaranteed and will be paid out at maturity or on earlier death. terminal bonus if any, may also be payable at maturity or on earlier death. The Bonuses are declared at the discretion of the Company. Bonuses, if declared, in each financial year, will depend on the surplus disclosed. To know more about bonuses, refer to the sales brochure.


Standard Chartered Bank, India having its principal place of business at Crescenzo Building C-38/C-39 G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051, Phone: 6601 4444, is a licensed Corporate Agent of ICICI Prudential Life Insurance Company Limited (IRDAI registration no. 105) for life insurance products vide registration number CA0028.The benefits/ features of the products are indicative only. For more details on risk factors and terms and conditions, please read sales brochure carefully before concluding sale. Insurance is the subject matter of solicitation. Insurance is underwritten by ICICI Prudential Life Insurance Company Limited and not by Standard Chartered Bank, India. Participation of the customers of Standard Chartered Bank in the policy is entirely voluntary. In facilitating insurance arrangements, the Bank is acting as a corporate agent of the insurer and not as an agent for customers. This webpage is being distributed for general information only. This webpage has not been prepared for any particular person or class of persons and it has been prepared without regard to the specific investment or insurance objectives, financial situation or particular needs of any person.


ICICI Prudential Life Insurance Company Limited – ICICI Pru Life Towers, 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai – 400 025. IRDA Registration No.105. CIN:L66010MH2000PLC127837. Phone: 1-860-266-7766 (10am-7pm, Monday to Saturday, except national holidays and valid only for calls made from India). ICICI Pru Sukh Samruddhi, UIN: 105N188V01, A Non-Linked, Participating Individual Life insurance Savings product. ADVT No: W/II/1610/2023-24


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.