Bajaj Life Goal-Based Saving Plan

The Bajaj Life Goal-Based Saving Plan is a unit-linked insurance plan (ULIP) that is meant to assist individuals in accumulating wealth on a long-term basis without losing life insurance cover. The plan gives policyholders the ability to invest in several funds that are tied to the market and offers them freedom in terms of premium payment, allocation of funds, and approaches to investments.

Read more

ULIP Plans

  • Take the first step to ₹1 Crore
  • Plans delivering up to 18% CAGR
  • 100% online, Zero paperwork
  • Expert help at no extra cost
  • 4.8++ Rated
  • 13.2 Crore Registered Consumer
  • 53 Partners Insurance Partners
  • 6.29 Crore Policies Sold
Top performing plans˜ with High Returns**
Invest ₹10K/month & Get ₹1 Crore# Tax-Free*
+91
Secure
We don’t spam
Please wait. We Are Processing..
Your personal information is secure with us
Plans available only for people of Indian origin By clicking on "View Plans" you agree to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs
Get Updates on WhatsApp
We are rated++
rating
13.2 Crore
Registered Consumer
53
Insurance Partners
6.29 Crore
Policies Sold

List of ULIP Funds ~
Fund Name
AUM
Returns (in %)
3 Year
5 Year
10 Year
77,698 Cr
Returns
8.73%
Returns
8.53%
Returns
10.82%
Highest Returns
Get Details
40 Cr
Returns
-
Returns
16.1%
Returns
18.6%
Highest Returns
Get Details
4 Cr
Returns
22.85%
Highest Returns
Returns
22%
Returns
20%
Get Details
3,622 Cr
Returns
12.7%
Returns
13.3%
Highest Returns
Returns
12.6%
Get Details
10,579 Cr
Returns
17.08%
Returns
21%
Returns
22%
Highest Returns
Get Details
5,680 Cr
Returns
14.82%
Highest Returns
Returns
12.53%
Returns
13.92%
Get Details
5,426 Cr
Returns
17.8%
Highest Returns
Returns
16.13%
Returns
15.8%
Get Details
4,837 Cr
Returns
13.29%
Returns
12.27%
Returns
13.42%
Highest Returns
Get Details
3,330 Cr
Returns
14%
Returns
12.48%
Returns
15.02%
Highest Returns
Get Details
5 Cr
Returns
-
Returns
16.1%
Returns
18.6%
Highest Returns
Get Details
1,446 Cr
Returns
6.93%
Returns
7.27%
Returns
9.45%
Highest Returns
Get Details
493 Cr
Returns
14.43%
Highest Returns
Returns
13.31%
Returns
12.5%
Get Details
1,051 Cr
Returns
12.63%
Returns
11.97%
Returns
14.45%
Highest Returns
Get Details
526 Cr
Returns
9.94%
Returns
9.21%
Returns
10.92%
Highest Returns
Get Details
130 Cr
Returns
10.85%
Returns
10.99%
Returns
12.79%
Highest Returns
Get Details
145 Cr
Returns
7.86%
Returns
8.19%
Returns
10.27%
Highest Returns
Get Details
219 Cr
Returns
11.6%
Returns
12.47%
Returns
12.94%
Highest Returns
Get Details
1,126 Cr
Returns
7.71%
Returns
9%
Returns
11.17%
Highest Returns
Get Details
0 Cr
Returns
6.6%
Returns
10%
Returns
11.02%
Highest Returns
Get Details
1,753 Cr
Returns
18.23%
Highest Returns
Returns
16.39%
Returns
14.67%
Get Details
see more plans

Disclaimer :
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

Eligibility Criteria for the Bajaj Life Goal-Based Saving Plan

Criteria Details
Minimum Entry Age 0 Years (Regular/Limited Premium)
Maximum Entry Age 60 Years
Minimum Age At Maturity 18 Years
Maximum Age At Maturity Up To 75 Years
Minimum Policy Term 10 Years
Policy Term Options 10, 15, Or 20 Years
Premium Payment Options Single, Limited, Or Regular
Minimum Annual Premium ₹12,000
Minimum Single Premium ₹120,000

Features of Bajaj Life Goal-Based Saving Plan

Here are the key features of the Bajaj Life Goal-Based Saving Plan:

  1. Additional Premium Allocation

    In the initial policy year, more allocation is made to the fund value. For regular or limited premiums, the first-year premium, up to 3% of the premium amount, is credited to the fund value.

  2. Return Of Mortality Charges (ROMC)

    Upon maturity, up to 125% of all mortality fees paid during the policy period can be reimbursed into the fund value, depending on the premium band.

  3. Extensive Diversity Of Investment Funds

    There are various funds available to policyholders, including equity, balanced, and debt funds, based on their risk tolerance.

  4. Unlimited Fund Switching

    The plan permits unrestricted free movement of funds to adjust investments in line with market conditions.

  5. Liquidity Partial Withdrawal

    One can make partial withdrawals once the five-year lock-in period is over.

  6. Flexible Settlement Option

    The policyholder can get maturity or death benefits as instalments with a maximum term of five years with the return enhancer option.

Invest more and Get more with ULIP Plan Invest more and Get more with ULIP Plan

Benefits of the Bajaj Life Goal-Based Saving Plan

Below are the benefits offered under the plan:

  1. Maturity Benefit

    On maturity of the policy term, in case the life assured survives and all the premiums have been paid, the amount of the accumulated fund will be disbursed as the maturity benefit.

  2. Death Benefit

    Upon the death of the life assured within the policy term, the nominee will get the greater between the current sum assured and the fund value, with a guaranteed minimum of 105% of the total amount of premiums paid.

  3. Additional Allocation Benefit

    The plan provides an additional fund distribution within the first policy year, which will raise the invested capital and long-term wealth generation.

  4. Return Of Mortality Charges

    At maturity, the mortality charges deducted over the policy term are added back to the value of the funds.

  5. Flexible Payout Options

    The benefits may be paid as a lump sum or in systematic payouts during the settlement period to the policyholders.

Fund Name NAV sort icon AUM sort icon 5 Yr Returns sort icon 10 Yr Returns sort icon
Bajaj Life Nifty 200 Alpha 30 Index Fund ₹9.09 ₹173 Cr - -
Bajaj Life Liquid Fund ₹34.22 ₹528 Cr 5.14% 4.26%
Bajaj Life Bond Fund ₹44.14 ₹1650 Cr 5.28% 6.41%
Bajaj Life Bluechip Equity Fund ₹42.61 ₹1031 Cr 9.21% 11.65%
Bajaj Life Equity Growth Fund II ₹67.88 ₹4610 Cr 8.33% 11.22%
Bajaj Life Accelerator Mid-Cap Fund II ₹80.71 ₹5680 Cr 12.53% 13.92%
Bajaj Life Pure Stock Fund ₹146.96 ₹7575 Cr 10.59% 12.71%
Bajaj Life Asset Allocation Fund II ₹30.14 ₹276 Cr 7.31% 8.86%
Bajaj Life Pure Stock Fund II ₹25.33 ₹4944 Cr 9.99% -
Bajaj Life Flexi Cap Fund ₹16.17 ₹3310 Cr - -
Bajaj Life Sustainable Equity Fund ₹14.42 ₹302 Cr - -
Bajaj Life Small Cap Fund ₹19.39 ₹3911 Cr - -
Bajaj Life Midcap Index Fund ₹13.21 ₹549 Cr - -
Bajaj Life SmallCap Quality Index Fund ₹10.27 ₹665 Cr - -
Bajaj Life Nifty Alpha 50 Index Fund ₹8.96 ₹704 Cr - -
Bajaj Life Nifty 500 Multicap Momentum Quality 50 Index Fund ₹11.66 ₹425 Cr - -
Bajaj Life Nifty 200 Alpha 30 Index Pension Fund ₹10.6 ₹20 Cr - -
Bajaj Life BSE 500 Enhanced Value 50 Index Pension Fund ₹10.39 ₹2 Cr - -
Bajaj Life Group Debt Fund ₹39.57 ₹66 Cr 5.38% -
Bajaj Life Secure Fund ₹59.46 ₹3038 Cr 5.54% 7.26%
Bajaj Life Stable Fund ₹67.19 ₹505 Cr 5.74% 7.58%
Bajaj Life Group Asset Allocation Fund ₹48.52 ₹59 Cr 7.81% -
Bajaj Life Group Blue Chip Fund ₹47.02 ₹3 Cr 9.51% -
Bajaj Life Group Equity Fund ₹51.23 ₹52 Cr 8.24% -
Bajaj Life Group Balanced Gain Fund II ₹16.91 ₹2 Cr 8.13% -
Bajaj Life Group Debt Fund II ₹24.29 ₹1011 Cr 5.4% -
Bajaj Life Group Debt Fund III ₹17.35 ₹117 Cr 5.25% -
Bajaj Life Group Liquid Fund II ₹16.7 ₹12 Cr 5.25% -
Bajaj Life Group Equity Index Fund ₹43.73 ₹35 Cr 8.65% -
Bajaj Life Equity Mid Cap ₹137.77 ₹70 Cr 11.56% 11.42%
Bajaj Life Life Long Gain ₹28.53 ₹7 Cr 3.47% 4.54%
Bajaj Life Premier Equity Growth ₹72.18 ₹7 Cr 7.15% 9.58%
Bajaj Life Equity Index II ₹75.83 ₹1657 Cr 9.06% 11.33%
Bajaj Life Asset Allocation ₹51.9 ₹596 Cr 7.36% 8.62%
Bajaj Life Cash Plus Pension ₹43.18 ₹5 Cr 5.18% 5.32%
Bajaj Life Debt Plus Pension ₹50.31 ₹3 Cr 5.28% 6.51%
Bajaj Life Pure Stock Pension ₹90.48 ₹8 Cr 7.53% 10%
Bajaj Life Equity Mid Cap Plus ₹221.52 ₹147 Cr 13.37% 13.1%
Bajaj Life Equity Plus Pension ₹200.46 ₹23 Cr 7.87% 10.79%
Bajaj Life Equity Index Pension ₹139.39 ₹4 Cr 9.64% 12.03%
Bajaj Life Equity Growth Pension ₹95.12 ₹54 Cr 7.98% 10.87%
Bajaj Life Equity Index Pension II ₹79.62 ₹81 Cr 9.17% 11.82%
Bajaj Life Asset Allocation Pension ₹50.73 ₹36 Cr 7.24% 8.8%
Bajaj Life Accelerator Mid Cap Pension ₹149.51 ₹38 Cr 13.83% 13.55%
Bajaj Life Premier Equity ₹70.2 ₹12 Cr 8.13% 10.3%
Bajaj Life Premier Equity Gain ₹96.53 ₹26 Cr 6.77% 9.72%
Bajaj Life Accelerator Mid Cap ₹133.53 ₹520 Cr 12.82% 13.18%
Bajaj Life Cash ₹29.74 ₹21 Cr 3.42% 3.47%
Bajaj Life Debt ₹32.41 ₹31 Cr 3.47% 4.35%
Bajaj Life Equity ₹95.21 ₹180 Cr 8.11% 10.33%
Bajaj Life Cash Plus ₹43.5 ₹34 Cr 5.3% 5.46%
Bajaj Life Debt Plus ₹46.56 ₹42 Cr 5.27% 6.25%
Bajaj Life Equity Gain ₹148.84 ₹364 Cr 6.64% 9.26%
Bajaj Life Equity Plus ₹189.51 ₹593 Cr 8.1% 10.82%
Bajaj Life Pure Equity ₹158.05 ₹48 Cr 11.62% 13.06%
Bajaj Life Bond Pension ₹42.81 ₹11 Cr 5.04% 5.87%
Bajaj Life Equity Index ₹156.12 ₹102 Cr 9.68% 11.98%
Bajaj Life Equity Growth ₹81.75 ₹2586 Cr 8.04% 10.51%
Bajaj Life Assured Return ₹26.41 ₹2 Cr 4.99% 5.75%
Bajaj Life Discontinued Life Policy Fund ₹17.88 ₹3421 Cr 5.45% 5.22%
Bajaj Life Pension Builder Fund ₹19.08 ₹93 Cr 4.37% 5.61%
Bajaj Life Balanced Equity Fund ₹21.75 ₹2 Cr 7.61% 7.85%
Bajaj Life Builder Bond Fund ₹17.56 ₹45 Cr 4.47% 5.55%
See more plans

Riders Under the Bajaj Life Goal-Based Saving Plan

The policy permits optional coverage that boosts protection benefits.

Available riders include:

  • Bajaj Life Linked Accident Protection Rider II.
  • Bajaj Life Care Plus Rider.
  • Bajaj Life Linked New Life Critical Illness Benefit Rider.

These riders give extra financial cover against accidental death, disability and critical illnesses.

Policy Details of the Bajaj Life Goal-Based Saving Plan

The following are the policy details under the Bajaj Life Goal-Based Saving Plan:

  1. Grace Period

    A grace period of 30 days is offered on yearly, half-yearly, and quarterly modes of payment of premium, and 15 days on the monthly mode of payment of premium. The policy is on risk cover until this period.

  2. Revival

    In any case where the policy is to be revived for non-payment of premiums, the policy will be discontinued and revived within three years of the date of discontinuation upon payment of all due premiums and production of the necessary documentation.

  3. Free Look Period

    Policyholders are given a 30-day free look period upon which the policy document is issued. Cancellation of the policy can occur in case the terms are not acceptable within this period.

    Invest in high growth ULIP Plans Invest in high growth ULIP Plans
  4. Surrender

    The policy can be forfeited at any time. In case of surrendering in the five-year lock-in period, it is invested in the discontinued policy fund and paid after the lock-in period.

  5. Fund Switching

    The policyholder can freely transfer investment between available funds at no cost, but with a minimum switching amount as stipulated by the insurer.

  6. Loan

    Loans are not offered under the ULIP plan because the investment is still tied to market funds.

Exclusions Under the Bajaj Life Goal-Based Saving Plan

  1. Suicidal Cover

    In case the person assured of life commits suicide within 12 months of the date the policy was started or revived, the nominee will get the value of the fund on the date of death.

  2. Total Permanent Disability (TPD)

    The benefits of total permanent disability become effective only in the case when the policy owner has chosen a rider explicitly giving disability protection.

FAQs

  • What happens to the mortality charges deducted during the policy term?

    The mortality charges billed out of the policy terminal can, under this scheme, be refunded to the policyholder upon maturity under the Return of Mortality Charges (ROMC) feature, depending on the premium band charged.
  • Can policyholders receive maturity benefits in instalments instead of a lump sum?

    Yes, the plan includes a settlement alternative that allows policyholders to receive maturity proceeds in instalments over up to 5 years, rather than a lump-sum payment.
  • Does the plan offer any additional fund allocation benefits?

    Yes, the plan offers an extra premium allocation in the initial year of the policy that raises the sum invested in the selected funds and can be used to boost the long-term wealth creation.
Ulip Insurer2
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 1298 Reviews)

Ulip plans Articles

Recent Articles
Popular Articles
Sahara Life ULIP Plan Calculator

02 Jul 2025

The Sahara Life ULIP Plan Calculator is a reliable online
Read more
Axis Max Life Flexi Wealth Plus Plan

24 Jun 2025

Planning your future needs both protection and wealth creation.
Read more
Axis Max Life Flexi Wealth Advantage Plan

24 Jun 2025

Axis Max Life Flexi Wealth Advantage Plan is a unit-linked
Read more
Bandhan Life ULIP Calculator

05 Jun 2025

The Bandhan Life ULIP calculator is a financial tool that helps
Read more
Reliance ULIP Plan Calculator

05 Jun 2025

The Reliance ULIP Plan Calculator is a reliable financial tool
Read more
ULIP vs SIP
  • 22 Jan 2020
  • 66975
To reach your financial goals in 2026, you need to make smart investments. ULIPs and SIPs are two popular choices
Read more
Generali Central ULIP Calculator
  • 22 Apr 2025
  • 1087
The Generali Central ULIP Calculator is an online tool designed to help users estimate the potential returns on
Read more
ULIP Calculator
  • 08 Oct 2018
  • 158404
A ULIP Calculator is a financial tool designed to help you compare ULIP plans and estimate the maturity amount
Read more
Pramerica ULIP Calculator
  • 27 May 2025
  • 836
The Pramerica ULIP Calculator is an online tool that helps you assess the potential gains on your ULIP (Unit
Read more
ULIP Returns in 30 Years
  • 03 Jan 2024
  • 3955
A 30-year ULIP (Unit Linked Insurance Plan) is a type of investment plan that combines life insurance and
Read more

Bajaj Life ULIP Plans Reviews & Ratings

4.6 / 5 (Based on 1298 Reviews)
(Showing Newest 10 reviews)
Preeti
Hyderabad, January 27, 2026
Smart Savings Smart Choice
Reliance Nippon Life Smart Savings Insurance Plan purchased through PolicyBazaar is a smart choice for long term savings. The plan features are comprehensive ensuring financial security. Kudos to PolicyBazaar for their impressive service.
Akash
Chennai, January 27, 2026
Optimizing Wealth Optimizing Future
Opting for Kotak Mahindra Wealth Optimise through PolicyBazaar was a strategic choice. The plans features are exceptional providing a diverse range of investment options. PolicyBazaars service exceeded my expectations.
Sangeeta
Bengaluru, January 27, 2026
Wealth Accumulation Simplified
SBI Life Smart Wealth Builder made easy by PolicyBazaar gives you easy way to make more money. The plan has strong stuff keeping your future safe. PolicyBazaar did very good service.
Deepak
Udaipur, January 27, 2026
PolicyBazaar Setting the Standard for Service
PolicyBazaars service set a high standard. Their teams knowledge and assistance in choosing the right ULIP plan were exemplary. A top notch experience overall.
Neha
Vadodara, January 27, 2026
A Trustworthy Advisor
PolicyBazaar acted as a trustworthy advisor in helping me select the right ULIP plan. Their teams expertise and professionalism were commendable. Highly satisfied.
Vikram
Surat, January 27, 2026
Service Par Excellence
The service provided by PolicyBazaar was par excellence. Their team went above and beyond to help me choose the right ULIP plan. Kudos to the PolicyBazaar team.
Ananya
Mumbai, January 27, 2026
The Epitome of Customer Service
PolicyBazaars customer service is exemplary. Their team assisted me in selecting the perfect ULIP plan making the entire process seamless. Highly impressed.
Nisha
Amritsar, January 27, 2026
ICICI Pru Signature Signature Investment for Future
Choosing ICICI Pru Signature through PolicyBazaar was a signature move. The plans features are exceptional providing diverse investment options. PolicyBazaars service was outstanding.
Alok
Jaipur, January 27, 2026
Maximized Savings Minimum Hassle
Opting for Max Life Online Savings Plan via PolicyBazaar was a great decision. The plans features are outstanding and PolicyBazaar service is top notch. Highly recommended.
Sunita
Chandigarh, January 27, 2026
A Click to Secure Future
HDFC Life Click two Invest bought through PolicyBazaar provides a secure investment avenue. The plan features are comprehensive and user friendly. PolicyBazaar service was commendable throughout.


˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

Claude
top

Become a Crorepati

Invest ₹10K/Month & Get ₹1 Crore# Returns

Mobile +91
*T&C Applied.
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL