ICICI Pru GIFT: Secure Your Monthly Income and Future with ICICI Prudential’s Plan

In today’s fast-paced world, our monthly salary often falls short of meeting both our immediate needs and future aspirations.

To ensure a stable and prosperous life while safeguarding our financial future, smart investments are essential.

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One such option is the Monthly Income Scheme, which guarantees a consistent monthly income.


ICICI Prudential, the insurance arm of the renowned private bank ICICI Bank, offers the Guaranteed Income For Tomorrow plan, or GIFT.

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This is a savings-oriented life insurance scheme designed to provide financial protection and a steady income stream. Let’s delve into the benefits of this plan:

Benefits of ICICI Pru GIFT

Regular Income or Lump Sum: Enjoy the flexibility of choosing between regular monthly income or a lump sum payout.

Early Income Option: Starting from the second year of your investment, you can opt for guaranteed income.

Enhanced Benefits for Women: Female investors can avail of additional benefits under this plan.

Life Insurance Coverage: This plan provides life insurance coverage to secure your loved ones.

Save the Date Feature: Customize your income schedule to suit your needs and goals.

Policy Loan Option: In case of unforeseen financial requirements, you can access a loan against your policy.

Tax Considerations: Be mindful of tax obligations on the premium paid, as per tax regulations.

Key Features of ICICI Pru GIFT

Under this plan, you can choose to pay premiums for 6, 7, 8, 10, or 12 years (+1 year grace period).

The attractive feature is that you start receiving income from the second year of your investment,

and this guaranteed income continues for the entire policy term. Here’s a breakdown of the returns you can expect:

Projected Returns

1) If you invest Rs 1 lakh annually for six years, you’ll receive Rs 15,000 annually from the second to the seventh year. From the 7th to the 12th year, you’ll receive Rs 1,15,386.

2) Opt for a 7-year premium payment plan, and you’ll receive Rs 20,000 annually from the second to the eighth year, and Rs 1,18,455 from the eighth to the 14th year.

You have the flexibility to choose between annual or monthly income disbursements. Additionally, you can withdraw the guaranteed income as a lump sum in case of emergencies after the policy term ends.

Secure your financial future today with ICICI Pru GIFT, and enjoy the peace of mind that comes with a guaranteed income for tomorrow.

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