Tax Saving Booklet FY-2015-J1269-A810-Without Pagination

What are the current Tax Slabs?

A s s e s s m e n t Ye a r 2 0 1 6 - 2 0 1 7

Sr. Income Level / Slabs Income-tax rates

I. Individual (other than II and III below) ,every HUF

i. Where the total NIL
income does not exceed
Rs. 2,50,000/-.

ii. Where the total income 10% of amount by which
Exceeds Rs. 2,50,000/- but the total income exceeds
does not exceed Rs. 2,50,000/-.
Rs. 5,00,000/-.

iii. Where the total income Rs. 25,000/- + 20% of the
Exceeds Rs. 5,00,000/- but amount by which the total
does not exceed income exceeds
Rs. 10,00,000/-. Rs. 5,00,000/-.

iv. Where the total income Rs. 1,25,000/- + 30% of the
exceeds Rs. 10,00,000/-. amount by which the total
income exceeds
Rs. 10,00,000/-.

II. Individual resident who is of the age of 60 years or more but
below the age of 80 years at any time during the previous year

i. Where the total income does NIL
not exceed Rs. 3,00,000/-.

ii. Where the total income 10% of the amount by
exceeds Rs. 3,00,000/- but which the total income
does not exceed exceeds Rs. 3,00,000/-.
Rs. 5,00,000/-.

iii. Where the total income Rs. 20,000/- + 20% of the
exceeds Rs. 5,00,000/- but amount by which the total
does not exceed income exceeds
Rs. 10,00,000/-. Rs. 5,00,000/-.

Sr. Income Level / Slabs Income-tax rates

iv. Where the total income Rs. 1, 20,000/- + 30% of the
exceeds Rs. 10,00,000/-. amount by which the total
income exceeds
Rs. 10,00,000/-.

III. Individual resident who is of the age of 80 years or more
at any time during the previous year

i. Where the total income does NIL
not exceed Rs. 5,00,000/-.

ii. Where the total income 20% of the amount by which
exceeds Rs. 5,00,000/- but the total income exceeds
does not exceed Rs. 5,00,000/-.
Rs. 10,00,000/-.

iii. Where the total income Rs.1,00,000/- + 30% of the
exceeds Rs. 10,00,000/-. amount by which the total
income exceeds
Rs. 10,00,000/-.

Surcharge is 12% of Income Tax if the net income exceeds Rs.1 Crore,
subject to the provisions of marginal relief. Education Cess and
Secondary and Higher Education Cess is 3% of the Income Tax and
Surcharge.

The above mentioned tax benefits are subject to changes
in tax laws. Please contact your tax consultant for an exact calculation
of your tax liabilities.
Note: Tax Rebate u/s. 87A upto Rs.2,000/- or 100% of
Income Tax, whichever is less, is available to resident Individuals
having total income below Rs.5,00,000/-

What are the Options available
for Tax Saving?

Income Tax Section: 80C
Eligible Assesse: Individual & HUF
Deductions:
1. Life Insurance Premium in case of individual – for individual,

spouse and any child of individual and in case of HUF - any
member of the HUF
2. Individual’s own contribution to - (a) Employee’s PF, (b)
Superannuation Fund,(c) RPF.
3. Contribution to PPF in the name of individual, his/her spouse or
any child of such individual
4. Contribution by a Government employee for securing deferred
annuity not exceeding 1/5th of Salary
5. Contribution to ULIP of UTI or LIC MF in case of individual for
individual, spouse and any child of individual and in case of HUF -
any member of the HUF
6. Subscription to NSC VIII Issue.
7. Deposits under notified deposit scheme or notified pension fund
set up by National Housing Bank.
8. Housing Loan repayments and certain payments like stamp duty,
registration charges etc. for purchase / construction of a residen
tial house property.
9. Subscription to notified schemes of public sector companies
engaged in house financing
10.Subscription to Units of notified Mutual Fund Contribution to
notified Pension Fund set up by Mutual Fund
11. Payment of Tuition Fees for full time education of any 2 children
12. Investments in shares or debentures of approved public company
exclusively engaged in infrastructure facility or power sector.
13. Investments in units of notified mutual fund investing in approved
public cos. as in 12 above.
14. Term Deposit with scheduled bank For 5 years or more.
15. Deposit in Senior Citizen Savings Scheme, 2004.
16. Five year time deposit in an account under Post Office Time
Deposit Rules,1981.
17. Subscription to notified bonds issued by NABARD.
18. Annuity plan of LIC or any other approved insurer.

19. Contribution to Sukanya Samriddhi Scheme in the name
of the individual,or any girl child of that individual (Any
payment to the assessee/beneficiary under the scheme
shall not be taxable.)

(Limits:
As per Section 80CCE, the aggregate amount of deduction u/s 80C,
80CCC and 80CCD (1), shall not in, any case, exceed Rs.1,50,000/-.)

Income Tax Section: 880CCC
Eligible Assesse: Individual
Deductions:
Payment made out of taxable income to LIC or to any other approved
insurer under approved Pension Plan does not exceed Rs.1,50,000.
(Limits:
As per Section 80CCE, the aggregate amount of deduction u/s 80C,
80CCC and 80CCD (1), shall not in, any case, exceed Rs.1,50,000/-.)

Income Tax Section: 80CCD
Eligible Assesse: Individual
Deductions:
(1) Amount paid or deposited in his account under a pension

scheme notified by the Government.
Deduction available in case of :
I] Employee – Amount paid /deposited or 10 % of salary in the

previous year, whichever is lower
II] Others – Amount paid /deposited or 10% of Gross Total

Income, whichever is lower
(Limits:
As per Section 80CCE, the aggregate amount of deduction u/s 80C,
80CCC and 80CCD (1), shall not in, any case, exceed Rs.1, 50,000/-.)
(2) Contribution by Employer in employee account under a pension
scheme notified by the Government.
Contribution to NPS and returns on NPS are tax Free but withdrawals
are still taxable
(Limits:
Amount contributed or 10% of Salary in the previous year, whichever
is lower)

Income Tax Section: 80 CCD(1B)
Eligible Assesse: Individual
Deductions:
Assessee can contribute an additional Rs. 50,000 over and above
Sec 80 CCD.
(Limits: Rs. 50,000)

Income Tax Section: 80 CCG
Eligible Assesse: Resident Individual
Deductions:
Amount invested in acquiring listed equity shares or listed units of
equity oriented fund, as may be specified under Rajiv Gandhi Equity
Savings Scheme notified by the Central Government subject to 3
years lock in period and certain other conditions as specified in the
Act.
(Limits:
Individual, being a new retail investor, whose gross total income for
the relevant assessment year does not exceed Rs.12,00,000/- are
allowed deduction of 50% of amount invested or Rs.25,000/-,
whichever is lower. The deduction shall be allowed for 3 consecutive
Assessment Years.)

Income Tax Section: 80D
Eligible Assesse: Individual / HUF
Mediclaim Premium paid on the health:
i. In case of individual:

a) Self, Spouse and dependent Children
(Limit: Maximum Rs. 25,000)

b) Parent/Parents
(Limit: Maximum Rs. 25,000)

ii. In case of HUF, on the health of any member of HUF
(Limit: Maximum Rs. 25,000)

If any person specified in clause (I) or (II) age is 60 years
(Payment shall be made by any mode other than Cash)
(Limit: Maximum Rs. 30,000)
(Out of the permissible deduction, payment on account of preventive
health check-up shall not exceed Rs.5,000/- in each case - Payment
shall be made by any mode including Cash)

Income Tax Section: 80DD

Eligible Assesse: Resident Individual / HUF

Deductions:

Expenditure incurred for medical treatment (including nursing),
training and rehabilitation or amount paid / deposited under any
scheme framed by LIC / UTI / approved insurer for payment of annuity
or lump sum amount for the benefit of dependent being a person with
disability.

Normal Disability. (Limit: Rs. 75,000)

Severe Disability. (Limit: Rs. 1,25,000)

Income Tax Section: 80DDB
Eligible Assesse: Resident Individual / HUF
Deductions:
Cost incurred for medical treatment of such disease or ailments as
may be specified. Diseases covered are Neurological Diseases (where
the disability level has been certified as 40% or more) Parkinson’s,
Malignant Cancers, Acquired Immune Deficiency Syndrome (AIDS),
Chronic Renal failure, Hemophilia, Thalassaemia & Hematological
disorders
I. For Himself/ Dependent in case of Individual

(Limit: Maximum Rs.40,000)

II. For any member of HUF
(Limit: Maximum Rs. 40,000)

If any person specified in clause (I) or (II) age is 60 years
(Limit: Maximum Rs. 60,000)

If any person specified in clause (I) or (II) age is 80 years
(Limit: Maximum Rs. 80,000)

(Out of the permissible deduction, reduce reimbursed amount
received from insurer or employer)

Income Tax Section: 80E
Eligible Assesse: Individual
Deductions:
Out of income chargeable to tax, Any amount of interest paid on
educational loan taken for individual’s higher education or higher
education of individual’s spouse or their children or the student for
whom the individual is legal guardian. Any course of study pursued
after passing Senior Secondary Examination or its equivalent from
any school/institute/ university is recognized by the government.
The deduction shall be allowed for 8 Assessment years or until the
interest is paid in full, whichever is earlier.
(Limits: Any amount of Interest paid.)

Income Tax Section: 80G
Eligible Assesse: Any Assesse
Deductions:
Donations made to funds like Prime Minister’s Relief Fund, National
Children Foundation, any University or educational institution of
‘national eminence’, etc. i.e. for charitable purposes specified in
section 80G
(Limit: 50% or 100% of net qualifying amount depending on
institutions or funds and subject to some conditions and approval.)
Donation made to:
National Fund for Control of Drug Abuse (NFCDA) -Swachch Bharat
Kosh (by both resident and non-resident) and Ganga Kosh Fund
(Limit: 100%)

Income Tax Section: 80GG
Eligible Assesse: Individuals not receiving House Rent Allowance
Deductions:
Rent paid by individual in excess of 10% of total income for
furnished/unfurnished residential accommodation.
(Limit: Rs. 2,000 per month or 25% of total income, whichever is less)

Income Tax Section: 80GGA
Eligible Assesse: Any assessees not carrying on
business/profession
Deductions:
Certain donations for scientific, social or statistical research or rural
development programme or for carrying out an eligible project or
scheme or National Urban Poverty Eradication Fund.

Income Tax Section: 80TTA
Eligible Assesse: Individual / HUF
Deductions:
Interest on deposits in savings account with banks, post office,
co-op. societies.
(Limits: Amount of interest or Rs.10,000/-,whichever is lower)

Income Tax Section: 80U

Eligible Assesse: Resident Individual

Deductions:
Income of a person suffering from a disability as specified in the Act

Normal Disability (Limit: Rs. 75,000)

Severe Disability (Limit: Rs. 1,25,000)
(No deduction can be claimed u/s. 80U if deduction is already claimed
u/s. 80DD)

Income Tax Section: 24(b)
Eligible Assesse: Individual
Deductions:
Housing Loan Interest for self occupied property for acquisition or
construction (Limit: Maximum Rs. 2,00,000)

Housing Loan Interest for self-occupied property for repaired/re-
newed reconstruction (Limit: Maximum Rs. 30,000)

In case of other house property (i.e. Let out property or Deemed to
be let out property) (Limit: Entire amount of interest paid)

Income Tax Section: 10(14)(ii)
Eligible Assesse: Salaried employee
Exemptions: Any Conveyance / Transport Allowance given to an
employee (No Supporting Bills required).
(Limit: Rs. 1600/- per month)

Income Tax Section: 17(2)(vii)
Eligible Assesse: Salaried employee
Exemptions: Any contribution by an employer to superannuation fund
(Limit: Upto Rs. 1,00,000)

Income Tax Section: 17(2)(viii)
Eligible Assesse: Salaried employee
Exemptions: Any Medical Allowance given to an employee
(Supporting Bills required)
(Limits: Upto Rs. 15,000)

Income Tax Section: 10(13A)
Eligible Assesse: Salaried employee
Exemptions: Any House Rent Allowance given to an employee
(Limits: Lower of below:
1. 50% of Annual Salary* (40% in case of non-metros)
2. Actual HRA received
3. Rent Paid – (10% of Annual Salary).

*”Salary” includes dearness allowances and commission based on a
fixed percentage of turnover achieved by an employee, if the terms of
employment so provide, but excludes all other allowances and
perquisites.

The above list is not exhaustive and mentioned tax benefits are
subject to changes in tax laws. Please contact your tax consultant for
an exact calculation of your tax liabilities.

Plan your tax and save money

Tax planning is essential, not only to minimize your tax liability, but also to
save significantly in the amount you pay in taxes. Save taxes by investing in:

MUTUAL LIFE HEALTH
FUND INSURANCE INSURANCE

Tax Savings through Mutual Funds and Insurance

Income Tax Tax Saving Options How Much Tax
Section Can You Save?

80C^, Life Insurance Premiums, Upto Rs.46,350/-
80CCC and Equity Linked Savings saved on investment
80CCD(1) Scheme (ELSS), Unit of Rs. 1,50,000.
Linked Insurance Plans
(ULIPS), Contribution to
Pension Funds,
Subscription towards
notified units of Mutual
Funds or UTI etc.

80D Health Insurance & Critical
Illness Premium.

Individual and Parents as Upto Rs. 16,995/-
Senior Citizen saved on investment
Both Individual and Parents of Rs. 55,000
are Senior Citizens Upto Rs.18,540/-
saved on investment
of Rs. 60,000

Total Savings Rs. 63,345/- ( Rs.46,350 under Section 80C, 80CCC
Possible and 80CCD(1) + Rs.16,995/- under Section 80D).
Rs. 64,890/- ( Rs.46,350 under Section 80C, 80CCC
and 80CCD(1) + Rs.18,540/- under Section 80D).

10 (10D) Under Section 10(10D), the benefits received by you
from Insurance Policy are completely tax free
subject to conditions specified therein.

Above figures calculated for an individual with gross annual income
exceeding Rs. 10,00,000/- and less than Rs. 1 crore. These
calculations are illustrative and based on our understanding of
current tax legislations and availability of these offerings. The above
mentioned tax benefits are subject to changes in tax laws. Please
contact your tax consultant for an exact calculation of your tax
liabilities.
^For complete text of eligible investment kindly refer Section 80C

Under Section 80 D

Medical Insurance
premium paid in respect

of

Age Self, spouse Parents* Total Deduction
Self, spouse, dependent & dependent under section 80D
children and parents are children*
below 60 years
25,000 25,000 50,000

Self, spouse, dependent 25,000 30,000 55,000
children are below 60
years but parents are
above 60 years

Self, spouse, dependent 30,000 30,000 60,000
children and parents are
above 60 years

*(Out of the permissible deduction, payment on account of preventive
health check-up shall not exceed Rs.5,000/- in each case)



Mutual Funds

ELSS – tax saving coupled with higher potential returns.

Tax planning is a part of overall financial planning to achieve long term
goals. Choosing the right investment option is the key to save tax and reap
maximum benefits of long term investments. Investing in Equity Linked
Savings Schemes (ELSS) can help an individual to save tax under Section
80C. As per Section 80C of the Income Tax Act, qualifying investments up
to a maximum of Rs. 150,000/- are deductible from total income of the
individual. There are fixed income options available under Section 80C, but
they may not be able to provide returns commensurate to beat the
inflation. This is where ELSS - Equity Linked Savings Schemes come into
the picture, however these schemes are more volatile compared to fixed
income options. Moreover, past returns cannot be taken as an indicator of
future performance.

Financial
Planning

Tax
Investment

ELSS

Wealth
Creation

Comparison of ELSS vs other
Tax Saving Instruments

Particulars PPF NSC ELSS
Lock-in period - Years
15 5 3

Minimum Investment (Rs.) 500 100 500

Maximum Investment 1,50,000
for Tax Benefit (Rs.)

Risk Low Risk Low Risk Medium
Returns 8.70% ^ to high

8.50%$ ^ 10% - 18%#

Interest Income /Dividend Tax Free Tax Free Tax Free

#Returns (%) are historical for last 5 years (CAGR) as on 31st August
2015. Broad returns are for recommended ELSS Funds.
$8.50% compounded six monthly but payable at maturity.
^Source: http://indiapost.gov.in, Rates incorporates compounding
wherever applicable.
Past performance may or may not sustain in future. Past performance
is not a guarantee for future returns.
ELSS Funds come with a host of benefits as compared to other tax
saving investment options.
ELSS is diversified equity mutual fund that provides tax benefits along
with long term capital appreciation. Not only do these schemes provide
capital appreciation, the Long Term Capital Gains and dividends
received on investments are tax free.
ELSS has the shortest lock-in period of 3 years, as compared to other
options.
ELSS helps in tax planning as well as provides scope to benefit from the
long term growth potential of equities.

Key features of ELSS - Equity Linked
Savings Schemes

Objective Long-term Capital Appreciation
and Tax Planning
Risk
Investment Portfolio Medium to High

Who should invest? Equity and Equity Related instruments –
Investment Horizon Generally Large and Midcap stocks
Tax Deduction- Section 80C Investors with higher risk appetite,
Tax Implications and high return expectation
Long-term ( lock-in period of 3 years)
Investments up to Rs. 1.50 lakh
exempt from tax
Dividend-tax free
#Long Term Capital Gains – tax free

#It is tax free only if Securities transaction tax is paid and subject to certain conditions

Average Returns of Recommended ELSS Schemes compared with other
indices.

Average Returns of Recommended ELSS CNX Nifty Index Crisil Composite Bond Fund Index
40% 39.70%

Returns (%) 32% 14.23% 20.67% 25.88% 14.68%
24% 11.93% 14.87% 8.09% 8.28%
15% 12.05% 8.97%
7% 2 Years 5 Years
-1% -0.70% 3 Years
1 Year

Note: Returns are for the period ending 31st August 2015. Return figures for
all equity oriented schemes are absolute for <=1 year and compounded
annualized for >1 year. Moreover, past returns cannot be taken as an
indicator of future performance.

Thus, it is clear that in order to avail of the maximum benefits of long term
investing with the lowest lock in period, one should consider investing in Equity
Linked Saving Schemes. Also looking at the CAGR returns for the past 3 years,
it is clear that the ELSS have outperformed the conventional tax saving options
as well as the broader equity market indices and debt market indices. We
continue to remain positive on the Indian markets from long term point of view.
Investors should consider the recommended ELSS funds to do their tax as well
as wealth planning.

Recommended ELSS Schemes (% Returns)

Scheme Name 1 Year 2 Year 3 Year 5 Year
32.81 21.01
Axis Long Term Equity Fund 21.40 47.89 27.80 12.77
26.95 15.07
Birla Sun Life Tax Relief 96 22.00 41.59 26.44 16.08
25.98 14.68
IDFC Tax Advantage (ELSS) Fund 18.31 38.40 25.26 16.04
27.71 15.51
BNP Paribas Long Term Equity Fund 16.44 36.91 23.75 14.40
22.69 12.96
Religare Invesco Tax Plan 15.70 41.05 24.83 14.38
25.33 13.04
Franklin India Taxshield 18.62 39.22 21.05 10.25

Reliance Tax Saver (ELSS) Fund 9.07 49.87 14.87 8.09
8.97 8.28
Tata Long Term Equity Fund 18.63 35.93

SBI Magnum Tax Gain Scheme 93 10.38 36.65

ICICI Prudential Taxplan 7.87 36.47

DSP BlackRock Tax Saver Fund 11.65 37.26

HDFC Taxsaver 0.71 35.17

Indices

CNX Nifty Index -0.70 20.67

Crisil Composite Bond Fund Index 12.05 11.93

Return figures for all equity oriented schemes are absolute for<=1 year and
compounded annualized for >1 year. Moreover, past returns cannot be taken as an
indicator of future performance.
Data Source: MFI Explorer. Returns (%) as on 31st August 2015.

Disclaimer: This communication is being sent by the Investment Advisory
Group of HDFC Bank Ltd., registered under SEBI (Investment Advisors)
Regulations, 2013.
This note has been prepared exclusively for the benefit and internal use of
the recipient and does not carry any right of reproduction or disclosure.
Neither this note nor any of its contents maybe used for any other purpose
without the prior written consent of HDFC Bank Ltd, Investment Advisory
Group. In preparing this note, we have relied upon and assumed, without
any independent verification, accuracy and completeness of all information
available in public domain or from sources considered reliable. This note
contains certain assumptions and views, which HDFC Bank Ltd, Investment
Advisory Group considers reasonable at this point in time, and which are
subject to change. Computations adopted in this note are indicative and are
based on current market prices and general market sentiment. No
representation or warranty is given by HDFC Bank Ltd, Investment Advisory
Group as to the achievement or reasonableness or completeness of any
idea and/or assumptions. This note does not purport to contain all the
information that the recipient may require. Recipients should not construe
any of the contents herein as advice relating to business, financial, legal,
taxation, or other matters and they are advised to consult their own
business, financial, legal, taxation and other experts / advisors concerning
the company regarding the appropriateness of investing in any securities or
investment strategies discussed or recommended in this note and should
understand that statements regarding future prospects may not be realized.
It may be noted that investments in equity and equity-related securities
involve a degree of risk and investors should not invest any funds unless
they can afford to take the risk of losing their investment. Investors are
advised to undertake necessary due diligence before making an investment
decision. For making an investment decision, investors must rely on their
own examination of the Company including the risks involved. Investors
should note that income from investment in such securities, if any, may
fluctuate and that each security’s price or value may rise or fall. Accordingly,
investors may receive back less than originally invested. Neither HDFC Bank
nor any of its employees shall be liable for any direct, indirect, special,
incidental, consequential, punitive or exemplary damages, including lost
profits arising in any way from the information contained in this material. This
note does not constitute an offer for sale, or an invitation to subscribe for, or
purchase equity shares or other assets or securities of the company and the
information contained herein shall not form the basis of any contract. It is
also not meant to be or to constitute any offer for any transaction. HDFC
Bank and its affiliates, officers, directors, key managerial persons and

employees, including persons involved in the preparation or issuance of this
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to, or immediately following its publication.
Disclosures:
Research analyst or his/her relatives or HDFC Bank or its associates may
have financial interest in the subject company in ordinary course of
business. Research analyst or his/her relatives does not have actual/
beneficial ownership of 1% or more securities of the subject company at the
end of the month immediately preceding the date of publication of research
report: HDFC Bank or its associates may have actual/beneficial ownership
of 1% or more securities of the subject company at the end of the month
immediately preceding the date of publication of research report. Research
analyst or his/her relatives or HDFC Bank or its associates may have other
potential / material conflict of interest with respect to any recommendation
and related information and opinions at the time of publication of the
research report. Subject company may have been client of HDFC Bank or its
associates during twelve months preceding the date of publication of the
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subject company. Three year price history of the daily closing price of the
securities covered in this note is available at www.nseindia.com and
www.bseindia.com.



Life Insurance Plans

HDFC Life Insurance offers Insurance Plans aimed at providing
long-term real growth of your money besides life cover.

Last minute rush to save tax? Various Sections of Income Tax Act, 1961
allows to save tax on premium invested in life insurance solutions and also
on benefits of the insurance plans.

Section 80C and 80CCC 80D 10 (10D)
What are Premium towards Life
exempt Insurance Plans for self, Premium towards Benefit
from tax spouse and children Health Insurance from Life
for self, spouse Insurance
(Including Pension Plan) and children Plan

Plans Life Insurance Plans Health Insurance Maturity /
• HDFC Life Click 2 Plans Death

Protect Plus • HDFC Life Benefits of
• HDFC Life Sanchay Health Assure all Life
• HDFC Life Classic Plan Insurance
Plans
Assure Plus • HDFC Life
• HDFC Life Super Cancer Care

Income Plan
• HDFC Life YoungStar

Udaan
• HDFC Life ProGrowth

Plus
• HDFC SL Pro-Growth

Super II
• HDFC Life Smart

Woman Plan
• HDFC Life Sampoorn

Samridhi Plus
• HDFC Life Sampoorn

Nivesh
Pension Plans
• HDFC Life Pension

Super Plus
• HDFC Life Single

Premium Pension Super
• HDFC Life Personal

Pension Plan
• HDFC Life Guaran

teed Pension Plan

Life Insurance Plans to save under Section 80 C

HDFC Life Click 2 Protect Plus:
As a pure term life insurance policy, this plan provides you
comprehensive protection at an affordable price and helps you to
protect yourself and your loved ones against the uncertainties that life
may throw at you.

HDFC Life Sanchay:
This non-participating plan offers guaranteed benefits along with
flexibility to choose your investment horizon so that you can build a
financially secure life for your loved ones.

HDFC Life Classic Assure Plus:
HDFC Life Classic Assure Plus is an investment cum insurance plan
that offers guaranteed benefit while letting your money grow. The plan
is ideal for meeting long term financial goals as well as creating a
financial cushion to secure your family’s future.

HDFC Life Super Income Plan:
This Plan is a participating regular income plan with guaranteed
benefits plus bonuses. This policy offers guaranteed income for a
period of 8, 10, 12 & 15 years and is ideal for individuals who need
regular income at their disposal so that they don’t have to worry about
future expenses and can fulfill their financial goals uninterrupted.

HDFC Life YoungStar Udaan:
This plan will help you systematically plan and invest for your child’s
goals so that when they are ready to embark on their glorious careers,
you too will be financially ready to support them; not only at the final
defining moments but throughout the entire journey. Option to choose
from three maturity Benefit Options. Aspiration (Endowment benefit),
Academia (Moneyback benefit) Career (Moneyback benefit).

HDFC SL ProGrowth Plus:
This plan is a simple savings-cum-insurance plan that will enable you
to enjoy life cover and benefit from comfort of creating your own
investment strategies. This unit linked plan will help you to make the
most of equities by channelizing your savings effectively.

HDFC SL ProGrowth Super II:
This plan is a smart savings-cum-insurance unit linked plan that will
help you to provide the finest for your family, be it today or tomorrow.
This ULIP aims to help you achieve long term savings.

HDFC Life Smart Woman Plan:
This plan is one of its kind in the market, specially designed for
women. It comes with comprehensive coverage options where
coverage against pregnancy complications and congenital conditions
or for malignant female-specific cancers is offered. During these
critical moments, peace of mind is assured by waiver and funding of
premiums to help overcome and adjust to life while investments
continue to grow.

HDFC Life Sampoorn Samridhi Plus:
Is a participating limited premium endowment plan with an option to
extend life coverage up to 100 years under whole life coverage. The
plan offers Guaranteed Additions up to 5% p.a. of “Sum Assured on
Maturity” for first 5 years in addition to bonuses and an additional
sum assured in case of accidental death during the policy term.

HDFC Life Sampoorn Nivesh:
A unique insurance cum investment plan designed specifically with
multiple fund options so as to help you optimize your investment. It
also provides you with varied benefit options to meet your protection
needs.
This plan comes with a reduced premium allocation charge on
investing a higher premium amount and offers Loyalty additions to
enhance your Fund Value after 10 years.

Pension Plans to save tax under Section 80 CCC

HDFC Life Pension Super Plus:
A unit-linked pension plan designed to build a corpus over the policy
term so that you can enjoy post-retirement life.
HDFC Life Single Premium Pension Super:
A unit linked single premium pension plan that creates a corpus over
the policy term to generate post-retirement income for life. This plan
will safeguard your investments and assist you to live retirement days
simply your way.
HDFC Life Personal Pension Plus:
HDFC Life Personal Pension Plus is a traditional participating pension
plan ideal for individuals who seek to plan for their retirement. Get
secure and stable returns on your invested corpus for post-retirement
income.

HDFC Life Guaranteed Pension Plan:
This plan is designed to help you build and secure your retirement
fund to enjoy the post-retirement income. It is ideal for individuals
who seek to plan for their retirement to get guaranteed returns on
their invested corpus for post-retirement income.

Save tax under Section 80 D

HDFC Life Health Assure Plan:
This plan is a comprehensive, pure protection health insurance plan
that reimburses medical expenses incurred in a hospital. It provides
the option to secure you and your family’s health.

HDFC Life Cancer Care:

A unique and comprehensive Cancer insurance policy, which enables
you and your family to stay financially and mentally secured in case of
Cancer diagnosis.
It is a Comprehensive plan that offers lump sum benefit on diagnosis
of Early Stage and Major Stage Cancer. Flexibility to choose from 3
plan options with varied benefits: Silver Option, Gold Option,
Platinum Option.

Disclaimer: Subject to change in Income Tax Laws.

The policy holder may avail of benefits are as provided under the tax laws. The premium
would be subject to Service tax & education cess as per applicable tax rates. Tax laws
are subject to change basis the amendments made from time to time. Please refer the tax
treatment under product brochure for more details

HDFC Standard Life Insurance Company Limited. In Partnership with Standard Life plc.

Insurance is the subject matter of the solicitation. For more details on risk factors, terms
and conditions and exclusions please read the product brochure before conclusion of
sale. HDFC Bank Limited (“HDFC Bank”) is a corporate insurance agent of HDFC
Standard Life Insurance Company Limited (“HDFC Life”) under Corporate Agent’s license
no.933982 issued by Insurance Regulatory & Development Authority of India and does
not underwrite the risk or acts as an insurer. HDFC Life Click 2 Protect Plus (Form No
P501-123 UIN:101N101V01), HDFC Life Sanchay (Form No P501-118
UIN:101N097V01), HDFC Life Classic Assure Plus (Form No P501-113
UIN:101N089V01), HDFC Life Super Income Plan (Form No P501-121 UIN:101N098V01),
HDFC Life Youngstar Udaan (Form No P501-126 UIN:101N099V01), HDFC Life Smart
Woman Plan (Form No P501 UIN:101L082V02), HDFC Life ProGrowth Plus (Form No
P501 UIN:101L081V02), HDFC SL Pro-Growth Super II (Form No P501
UIN:101L066V02), HDFC Life Health Assure Plan (Form No P501-105-01
UIN:101N087V02), HDFC Life Pension Super Plus (Form No P501 UIN:101L085V02),
HDFC Life Single Premium Pension Super (Form No P501 UIN:101L086V02), HDFC Life
Personal Pension Plus (Form No P501-116 UIN:101N091V01), HDFC Life Guaranteed
Pension Plan (Form No P501-115 UIN:101N092V01),,HDFC Life Sampoorn Samridhi
Plus (Form No: P501-128 & UIN : 101N102V01),Hdfc Life Click 2 Invest (Form
No.P501-127 uin:101L100V01), HDFC Life Sampoorn Nivesh (Form No-501-125,UIN
No-101L103V01), HDFC Life Cancer Care (Form No-501-133,UIN:101N106V01).

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS
IRDAI clarifies to public that
• IRDAI or its officials do not involve in activities like sale of any kind of insurance or

financial products nor invest premiums.
• IRDAI does not announce any bonus. Public receiving such phone calls are requested

to lodge a police complaint along with details of phone call, number.

Save taxes the healthy way *Subject to the change in Tax Laws
With HDFC ERGO Health Suraksha. #Ayurveda, Unani, Sidha or Homepathy

Now you can enjoy tax benefits with your Health Suraksha policy under
Section 80D of the Income Tax Act*.
Apart from this, avail following benefits under the policy:

Covers In-patient treatment, Pre & Post hospitalisation, Day care procedures,
Organ donor, AYUSH#
Cashless claim at 4800+ network hospitals
Life long renewability

Talk to our staff today!

Certified Corporate Agent

Disclaimer: For more details on the risk factors, terms and conditions, please read the sales brochure before concluding the sale. Insurance is the subject matter of
solicitation. Health Insurance is underwritten by HDFC ERGO General Insurance Company Limited. HDFC Bank Limited IRDA License No. 933982.(Senapati Bapat
Marg, Lower Parel, Mumbai, India - 400 013) is a corporate agent of HDFC ERGO General Insurance Company Limited (Registered & Corporate Office: 1st Floor, HDFC
House, 165-166 Backbay Reclamation, H. T. Parekh Marg, Churchgate, Mumbai - 400020. Customer Service Address : 6th Floor, Leela Business Park, Andheri Kurla
Road, Andheri (E), Mumbai - 400 059 ). Trade logo of HDFC ERGO displayed above belongs to HDFC LTD and ERGO International AG and used by HDFC ERGO
General Insurance Company under license.IRDAI Reg. No. 125. UID No. 1489

Health Insurance Plans

Save tax and insure your health with HDFC ERGO’s
Health Insurance Plans.

Health Suraksha Silver Plan:

HDFC ERGO offers Health Suraksha, a comprehensive health
insurance plan designed to provide optimum coverage for treatments
including pre and post hospitalisation costs, medical check-ups,
cumulative bonus, minimum out-of-pocket expenses and much more.
HDFC ERGO Health Suraksha will ensure that your hard-earned
savings are utilized to make the quality of your life better by
empowering you to invest in avenues that are close to your heart
without having to worry about hospitalisation expenses.

Benefits:
• In-patient Treatment: Covers hospitalisation expenses due to

sickness or accident up to the Policy Sum Insured.
• Pre-hospitalisation: Pays for medical expenses incurred 60 days

immediately before hospitalisation.
• Post-hospitalisation: Pays for medical expenses incurred 90 days

immediately after the discharge post hospitalisation.
• Day Care Procedures: Pays for 144 listed day care procedures

which do not require 24 hours hospitalisation due to technological
advancement.
• Domiciliary Treatment: Pays for expenses incurred for medical
treatment taken at home, on advice of a physician.
• Organ Donor: Pays for medical expenses for harvesting an organ
donated.
• Emergency Ambulance (Limit per hospitalisation): Pays maximum
Rs.2000 per hospitalization for sum insured upto 5 lakh and Rs.3500
per hospitalization for sum insured more than 5 lakh.
• AYUSH - Pays for medical expenses for in-patient treatment taken
under Ayurveda, Unani, Sidha or Homeopathy
• Cumulative Bonus: 5% increase in Sum Insured for every claim free
year; up to maximum 50%
• Health checkup: Pays upto 1% of Sum Insured, maximum upto
Rs.5000 for a Health Checkup after 4 consecutive claim-free years.

The additional features that Health Suraksha offers:

Regain
• Regain benefit provides for an automatic availability of full sum

insured, if the basic policy sum insured along with any accrued
cumulative bonus is exhausted during a policy year.
• This “Regain sum insured” can be utilized for any future claims
except against an illness/disease for which a claim has been already
paid in the current policy year.
• Regain can be availed by paying just 5% additional premium to the
basic health insurance policy.

Enhanced Cumulative bonus
• Rewards 10% of the basic Sum Insured for every claims free year in

the policy as Cumulative Bonus (CB) upto 100% of the basic sum
insured
• The benefit can be availed by paying 2.5% additional premium to
the basic health insurance policy.

Critical Illness Platinum Plan:
HDFC ERGO’s Critical Illness Plan is designed specifically to cover
the high costs of critical illness treatments. It is the best way to
safeguard, as it pays a lump sum amount on the very first diagnosis of
select critical illnesses. Thus, your Critical Illness Insurance Plan
ensures that you can avail the best-in-class treatment. Moreover, the
claims process is absolutely hassle free. Thereby, making you spend
your precious time with your loved one, than running around arranging
for funds.

Benefits:
1. Provides a lump sum benefit which can pay for, but not restricted
to:

• Costs for the care and treatment
• Recuperation aids
• Debts pay off
• Any lost income due to a decreasing ability to earn
• Fund for a change in lifestyle

2. Following diseases are covered under the critical illness platinum
plan:

• Heart Attack (Myocardial Infarction)
• Coronary Artery Bypass Surgery
• Stroke
• Cancer
• Kidney Failure
• Major Organ Transplant
• Multiple Sclerosis
• Paralysis
• Aorta Graft Surgery
• Primary Pulmonary Arterial Hypertension
• Heart Valve Replacement
• Benign Brain Tumor
• Parkinsons Disease
• Alzheimer’s Disease
• End Stage Liver Disease

Key Terms and Condition:
• 90 days waiting period from the policy inception date
• 30 days survival period applicable

Disclaimer: For more details on the risk factors, terms and conditions, please
read the sales brochure before concluding the sale. Insurance is the subject
matter of the solicitation. The general insurance products are underwritten
by HDFC ERGO General Insurance Company Limited (HDFC House, 1st
Floor, 165-166, Backbay Reclamation, H.T. Parekh Marg, Churchgate,
Mumbai – 400020. HDFC Bank Limited (“HDFC Bank”) is a corporate agent
of HDFC ERGO General Insurance Company Limited (“HDFC ERGO”) under
Corporate Agent’s license no. 933982 issued by Insurance Regulatory &
Development Authority of India (IRDAI) and does not underwrite the risk or
acts as an insurer. HDFC Bank Limited, HDFC Bank House, Senapati Bapat
Marg, Lower Parel, Mumbai, India - 400 013. IRDAI Reg. No.: 125 UID No.
1489



Disclaimer: TPP/ENG/NOV2015/EXP-Mar2016

The given information should not be considered as substitute for specialised professional advice and
expert guidance may be sought before acting upon the same. Neither HDFC Bank nor any of its
employees shall be liable for any claims, losses, damages and cost which an investor may suffer or incur
by availing the given product options.

All the given third party products distributed by HDFC Bank.

*Tax benefits are subject to changes in tax laws. Above figure is calculated for an individual with gross
annual income exceeding Rs. 10 lakhs and less than Rs. 1 crore i.e. Rs.46,350 under Section 80C,
80CCC and 80CCD(1) and Rs.16,995/- under Section 80D. As per Section 80CCE, the aggregate
amount of deduction u/s 80C, 80CCC and 80CCD (1), shall not in, any case, exceed Rs.1.5 lakhs.