How much planning do you need for retirement?
Use our quick and simple calculator to know what’s ideal for you.
A Non-Linked, Non-Participating Individual Immediate Annuity Plan
If you have accumulated funds for your post-retirement period and would like to ensure a regular guaranteed income for rest of your life then you should consider investing in this plan.
Lifelong Annuity payouts guaranteed1 for life
Flexible options to receive annuity
Large volume discount on annuity rates depending upon the purchase price range.
No medical examinations required
On demise option for full refund of the purchase price
If you have accumulated funds for your post-retirement period and would like to ensure a regular guaranteed income for rest of your life then you should consider investing in this plan.
Lifelong Annuity payouts guaranteed1 for life
Flexible options to receive annuity
Large volume discount on annuity rates depending upon the purchase price range.
No medical examinations required
On demise option for full refund of the purchase price
Lifelong Annuity Payout
Lifelong Annuity Payout guaranteed1 for life
Invest one lump sum amount and start receiving regular income (annuity) at a chosen frequency for rest of your life.
The Annuity rates depend on the Purchase Price, the age at entry and the Annuity payout mode.
Your regular income for life will start after the end of your chosen period based on the annuity payout mode selected.
If you have an existing HDFC Life pension accumulation policy and you decide to buy annuity from those proceeds, you will get a higher annuity rate.
1. Amount of guaranteed income will depend upon premiums paid subject to applicable terms and conditions.
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0 years age last birthday (for Existing Customers) 45 years age last birthday (for Customers other than Existing Customers) 55 years age last birthday for customers (Customers other than Existing Customers) who were members of a United Kingdom (UK)/Ireland Registered Pension Scheme wanting to transfer their pension corpus from UK/Ireland into this scheme. |
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100 years age last birthday (Existing Customers) 80 years age last birthday (Customers other than Existing Customers) |
Maturity Age |
Not Applicable |
Premium Payment Term |
Single (one-time payment) |
Minimum Purchase Price |
As per the minimum annuity amount of ₹ 1,000 per month |
Maximum Purchase Price |
No Limit |
Minimum Annuity Amount (per month) |
₹ 1,000 |
Annuity Payout Mode |
Yearly, Half yearly, Quarterly, Monthly |
Your Required life cover to protect your family’s future is
T&C*
1. Amount of guaranteed income will depend upon premiums paid subject to applicable terms and conditions.
ARN: EU/09/22/28871