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SBI Life launches Dhana Vriddhi

NEW DELHI: SBI Life Insurance Company Ltd., a joint venture between State Bank of India and Cardif SA, on Thursday announced the launch of "Dhana Vriddhi" — a unique investment-cum-protection life insurance policy that offers guaranteed additions of 5.75 per cent on sum assured, compounded annually. The rate of return can range from 5.86 per cent to 6.29 per cent on gross single premium depending upon the amount of sum assured.

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