HDFC Life Guaranteed Pension Plan, one of the best pension plans in India designed to help you build and secure your retirement fund to enjoy the post retirement income.
Features:
fjrigjwwe9r3SDPrivInsuProd:Features
Guaranteed Additions of 3% of sum assured get accrued for each completed policy year
A lump sum Vesting Addition payable at vesting
Premium payment term of 5, 7 and 10 years
Policy term ranging from 10 to 20 years
This pension plan in India can be taken only on a single life basis
Benefits:
fjrigjwwe9r3SDPrivInsuProd:Benefits
Limited premium paying term with assured benefit on death or at vesting
On vesting, purchase an annuity from us and enjoy lifetime income- post retirement
Get a lump sum vesting benefit which is a sum of sum assured on vesting, Guaranteed Additions as well as Vesting Addition
Assured Death Benefit of total premiums paid to date accumulated at a guaranteed rate of 6% per annum compounded annually
Tax benefit on premiums paid under section 80 CCC of the Income Tax Act, 1961