HDFC Life Guaranteed Pension Plan

HDFC Life Guaranteed Pension Plan - Pension Scheme in India

Don't let market downturns take your retirement savings and your retirement dreams down with them! Presenting, HDFC Life Guaranteed Pension Plan, one of the best retirement & pension plans in India designed to help you build and secure your retirement fund to enjoy the post retirement income.

Features
1. Following are the features of HDFC Life Guaranteed Pension Plan - Pension Scheme in India:
2. Guaranteed Additions of 3% of sum assured get accrued for each completed policy year
3. A lump sum Vesting Addition payable at vesting
4. Premium payment term of 5, 7 and 10 years
5. Policy term ranging from 10 to 20 years
6. This pension & retirement plan in India can be taken only on a single life basis

Benefits
Benefits Available Under HDFC Life Guaranteed Pension Plan - Pension Scheme in India

1. Limited premium paying term with assured benefit on death or at vesting
2. On vesting, purchase an annuity and enjoy lifetime income- post retirement
3. Get a lump sum vesting benefit which is a sum of sum assured on vesting, Guaranteed Additions as well as Vesting Addition
4. Assured Death Benefit of total premiums paid to date accumulated at a guaranteed rate of 6% per annum compounded annually
5. Tax benefit on premiums paid under section 80 CCC of the Income Tax Act, 1961
Subject to provisions, as per Income Tax Act 1961. Tax benefits are subject to changes in tax laws.