Investments
ULIP
pronounced: [Yoo-Lip]
Unit Linked Insurance Plan combines life insurance protection with market-linked investment in equity or debt funds.
Premium payments are split between insurance cover and investment units.
Example
A ₹5 lakh personal loan at 10% p.a. for 3 years has an EMI of ₹16,607/month. Total payment = ₹5,97,852, of which ₹97,852 is interest.
Frequently Asked Questions
Last updated: 21 May 2026