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Branch Locator

For Existing Customers

Fund Performance Check

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Why HDFC SL ProGrowth Flexi?

A Unit Linked Non - Participating Life Insurance Plan that lets you choose your premium and fund option, and grow your savings

  • On maturity, get Fund Value or opt for Settlement Option and receive your maturity benefits over a period of 5 years. 

  • Manage your funds either by switching or by redirecting future premiums into a new fund

  • Option to make lump sum partial withdrawals from your funds after 5 years of your policy

  •  Tax benefits as per prevailing tax laws1

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  1. As per Income Tax Act, 1961. Tax Benefits are subject to changes in tax laws.
  1. As per Income Tax Act, 1961. Tax Benefits are subject to changes in tax laws.

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 SL ProGrowth Flexi


The age & term limits for the plan are as shown below:

Minimum Maximum

Life Option




Extra Life Option




  1. For all ages, risk commences from the date of inception of the contract.

Age has to be taken as of "last birthday" basis.

Policy term of 11 years to 14 years is not offered.

For more details on risk factors, terms and conditions, please read the Product Brochure carefully, and/or consult Financial Consultant before taking a decision.

In cases where Life Assured is a minor, the policy will automatically vest on him or her on attaining age 18 years.

Customize your cover with 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 SL ProGrowth Flexi

1 Why is this plan good for me?

HDFC SL ProGrowth Flexi, a savings-cum-insurance unit-linked plan (ULIP) that enables you to provide financial security to your loved ones.

The HDFC SL ProGrowth Flexi gives: 

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

In this plan you can choose your premium and the investment fund(s). We will then invest your 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).

In case of your unfortunate death during the policy term, your nominee will receive the greater of Sum Assured (less withdrawals) or fund value1.

1. For the complete details regarding death benefit, please read the product brochure.

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

In case of your unfortunate death during the policy term, your nominee will receive the highest of the following:

  • Sum Assured (less all withdrawals made during the two year period immediately preceding the death of Life Assured)

  • Unit Fund Value.

  • The minimum death benefit of 105% of the total premiums paid. 

The policy will terminate thereafter and no more benefit 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. BlueChip 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 Section 80C and Sec 10(10D) of Income Tax Act 1961 

* Subject to provisions as per Income Tax Act, 1961. Tax Laws are subject to change.

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 SL ProGrowth Flexi (UIN-101L072V05) 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 and HDFC SL ProGrowth Flexi (UIN-101L072V05) 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/07/21/24434