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To Buy Online

Branch Locator

For Existing Customers

Fund Performance Check

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1800-266-9777 (All Days, from 9am to 9pm, Toll Free)

Why HDFC Life ProGrowth Plus?

A Unit Linked Non Participating Life Insurance Plan that will enable you to enjoy life cover and benefit from market linked returns

  • Invest in any of the 10 fund options of your choice

  • In case of an accidental death we will pay an additional sum assured to the nominee1

  • Option to make partial withdrawal from funds to meet financial emergencies, if any2 

  1. Additional Sum Assured on accidental death is paid under Extra Life Option.
  2. Partial withdrawals can be made from your funds after completion of 5 policy years, provided the Life Assured is at least 18 years of age.
  1. Additional Sum Assured on accidental death is paid under Extra Life Option.
  2. Partial withdrawals can be made from your funds after completion of 5 policy years, provided the Life Assured is at least 18 years of age.

Your Plan. Your Benefits

Flexibility to choose your policy and premium payment terms.

Select your core objective for buying an insurance cover

  • Maturity Benefit
  • Death Benefit
  • Accidental death benefit

Maturity Benefit

Check Eligibility Criteria

Before buying HDFC Life ProGrowth Plus





Entry Ages Life Option

14 years1

65 years

Entry Ages Extra Life Option

18 years

55 years

Maturity Age Life Option


75 years

Maturity Age Extra Life Option


70 years




₹ 24,000

₹ 1,00,000


₹ 10,000

₹ 50,000


₹ 2,500

₹ 8,333


Sum Assured

Age less than 45 years

Higher of
10 x annualized premium or
0.5 x policy term x annualized premium

40 x annualized premium, subject to an absolute maximum sum assured amount of
₹ 40, 00,000.

Age equal to 45 years and above


Higher of
7 x annualized premium or
0.25 x policy term x annualized premium

Policy term2

10 years

30 years

Premium Payment Term2

10 years

30 years

All ages mentioned above are age last birthday.

  1. Risk cover starts from date of commencement of policy for all lives including minors. In case of a minor life, the policy will vest on the Life Assured on attainment of age 18 years.
  2. Policy term & Premium Payment Term of 11 years to 14 years is not offered. Annualized Premium means the premium amount payable in a year excluding the taxes, rider premiums and underwriting extra premium on riders, if any.

Customise your cover these riders

Riders in insurance have an important part in contingency planning. A ULIP is incomplete without them.
  • icon

    HDFC Life Income Benefit on Accidental Disability Rider

    UIN: 101B013V03

    Get additional income benefits over and above your Sum Assured in the event of total permanent disability due to an accident.

  • icon

    HDFC Life Critical Illness Plus Rider

    UIN: 101B014V02

    We pay a lump sum amount equal to Rider Sum Assured upfront if diagnosed with of any of the specified critical illnesses

  • icon

    HDFC Life Protect Plus Rider

    UIN: 101B016V01

    Get protected with a proportion of Rider Sum Assured in case of accidental death or partial/total disability due to accident or diagnosed with Cancer

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Personal details


Financial details

Your Required life cover to protect your family’s future is


The values shown here are only for illustration. The results are generated based on the information provided. It is not intended to be and must not alone be taken as the basis for an investment decision.

Have a question?

We’ll tell you everything you need to know about HDFC Life ProGrowth Plus

1 Why is this plan good for me?

HDFC SL ProGrowth Plus, this ULIP plan will help you to make the most of equities by channelizing your savings effectively.

The HDFC SL ProGrowth plus gives:

  • Valuable financial protection to your family in case you are not around.
  • Opportunity to invest in a choice of funds.

HDFC Life ProGrowth Plus is a regular premium unit linked insurance plan. In this plan you can choose your regular premium and the investment fund(s). We will then invest your regular premium, net of premium allocation charges in your chosen fund(s) in the proportion you specify. At the end of the policy term, you will receive the accumulated value of your fund(s).

2 What will my family receive in case of my unfortunate demise?

In case of the Life Assured's unfortunate demise, we will pay the highest of the following to the nominee:

  • Sum Assured (less all withdrawals made during the two year period immediately preceding the death of Life Assured) 
  • Unit Fund Value
  • Minimum death benefit of 105% of the total premiums paid

The policy will terminate thereafter and no more benefit will be payable.

We will also pay the Accidental Death Benefit (if applicable) which is the Sum Assured in addition to the Death Benefit described above. Your policy will terminate thereafter and no more benefits will be payable.

3 What are the various fund options in this plan?

There are 10 fund options to choose from in this plan:

  1. Income Fund

  2. Balanced Fund

  3. Blue chip Fund

  4. Opportunities Fund

  5. Equity Plus Fund

  6. Bond Fund

  7. Diversified Equity Fund

  8. Conservative Fund

  9. Discovery Fund

  10. Equity Advantage Fund

4 What is the minimum premium that needs to be paid?

Minimum premium amounts for various premium payment frequencies are as follows:

  1. Annual: ₹ 24,000

  2. Half Yearly: ₹ 10,000

  3. Monthly: ₹ 2,500

5 What is the frequency in which I can invest my money?

Annual, Half-yearly and Monthly*

*It is mandatory for policies with monthly frequency to be taken with ECS/SI & to pay first 3 months premiums in advance.

7 Can I save tax by investing in this policy?

Tax benefits under sections 80Cand 10(10D) of the Income Tax Act 1961 subject to provisions contained therein

* Subject to provisions, as per Income Tax Act 1961. Tax benefits are subject to changes in tax laws.

The Unit Linked Insurance products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender/withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of fifth year.

For more details on risk factors, associated terms and conditions and exclusions, please read sales brochure carefully before concluding a sale.HDFC Life ProGrowth Plus (UIN No: 101L081V05) is the name of the Unit linked, Non-Participating, Life Insurance plan.

Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. HDFC Life Insurance Company Limited is only the name of the Insurance Company, HDFC Life is only the name of the brand andHDFC Life ProGrowth Plus (UIN No: 101L081V05) ) is only the name of the unit linked life insurance contract. The name of the company, name of the brand and name of the contract does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your insurance agent or the intermediary or policy document of the insurer. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.

ARN: EU/07/21/24431