If you’re looking forward to a good retired life, then you should start investing in the best pension plan in India. A pension plan is a retirement plan that’s specifically designed to offer insurance and investment benefits post-retirement days. Under this plan, you’ve to invest regularly during your employment years and develop a corpus that can be utilised once you’ve retired.
My father has been asking me to invest in a pension plan for months now and he has even shared a list of the best pension options to make it easier for me. Check it out:
Top 10 Pension Plans in India
| Plan’s Name | Entry Age | Maturity Age | Policy Term |
Max Life Guaranteed Lifetime Income Plan |
Deferred Annuity: 30 to 80 Immediate Annuity: 0 to 80 |
31 to 90 |
NA |
HDFC Life Click 2 Retire |
18 to 65 |
45 to 75 |
10 to 35 |
LIC New Jeevan Shanti Plan |
30 to 79 |
31 to 80 |
NA |
SBI Life Saral Retirement Saver |
18 to 65 |
40 to 70 |
5 to 40 |
IndiaFirst Life Guaranteed Annuity Plan |
40 to 80 |
NA |
NA |
Bajaj Allianz Life LongLife Goal |
18 to 65 |
99 |
10 to 25 |
Kotak Premier Pension Plan |
30 to 60 |
45 to 70 |
10 to 30 |
ABSLI Empower Pension Plan |
25 to 70 |
80 |
5 to 30 |
LIC Jeevan Akshay - VII Plan |
30 to 100 |
NA |
NA |
Tata AIA Life Insurance Guaranteed Monthly Income Plan |
6 to 60 |
65 to 68 |
5, 8, 12 |
Read more:
Do paramilitary forces get pension?
Do bank employees get pension?
Which pension fund manager is best for NPS?
What is national pension scheme?
Now you can decide which is the best pension plan in India for you.
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Authors Of The Question
Which is the best pension plan in India?
Chandra
377 Views
1 Answers
2 Year
2022-08-17T17:21:58+00:00 2022-08-18T19:09:39+00:00Comment
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