Benefit
Features
Eligibility
Commission
As per RBI circular: RBI/2009-10/225 dated November 16, 2009, following are the details of the comparative commission earned by HDFC Bank from Insurance (Life), whose products are being distributed:
Commission, Brokerage and trail from Life Insurance
Category | First Year Commission | 2nd year Renewal Commission | ||
Min | Max | Min | Max | |
Health | 2% | 35% | 0% | 7.50% |
Pension | 0.50% | 7.50% | 0% | 2% |
Protection | 2% | 35% | 0% | 2% |
Savings & Investment | 0.50% | 30% | 0% | 3% |
Group Product* | 5% | 5% | 0% | 0% |