SBI Life Premium Calculator — Instant Premium Estimates
Calculate SBI Life premiums for eShield, Saral Jeevan Bima, Smart Champ, and Shubh Nivesh. Free SBI Life premium calculator for India.
Popular SBI Life plans
| Plan | Type | Sum Assured | Est. Annual Premium |
|---|---|---|---|
| eShield | Term | ₹1 Crore | ₹13,000 – ₹19,000 |
| Saral Jeevan Bima | Term | ₹5 Lakh | ₹6,000 – ₹9,000 |
| Smart Champ | Child | ₹5 Lakh | ₹40,000 – ₹55,000 |
| Shubh Nivesh | Endowment | ₹5 Lakh | ₹42,000 – ₹52,000 |
* Indicative estimates for a 35-year-old non-smoker. Actual premiums may vary.
How to use SBI Life Premium Calculator India — eShield, Saral Jeevan Bima | InsuredBoard
Select your SBI Life plan
Choose from eShield, Saral Jeevan Bima, Smart Champ, or Shubh Nivesh.
Enter personal details
Provide your date of birth, gender, and smoker status.
Set coverage parameters
Choose sum assured, policy term, and premium paying term.
Add riders (optional)
Add Critical Illness Rider, Accidental Death Benefit, or Premium Waiver.
Calculate and compare
See annual, half-yearly, and monthly premium options.
Frequently Asked Questions
What is SBI Life eShield?
SBI Life eShield is an online term insurance plan that offers pure life cover at affordable rates. It is available only through SBI Life's website and offers coverage up to ₹2 Crore with features like terminal illness benefit.
What is Saral Jeevan Bima?
SBI Life Saral Jeevan Bima (Sanchit) is a term insurance plan launched under the IRDAI's 'Bima Bharat Yojana' initiative. It offers a simple, standardized term plan with uniform features across all insurers at affordable rates.