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Best Pension Plans in India 2024 - Top 10 Retirement Plans

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Cards</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/sbi-credit-card.html" title="SBI Credit Cards" aria-label="SBI Credit Cards">SBI Credit Cards</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/indusind-credit-card.html" title="Indusind Bank Credit cards" aria-label="Indusind Bank Credit cards">Indusind Bank Credit cards</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/credit-card/top-10-credit-cards-in-india.html" title="Top 10 Credit Cards" aria-label="Top 10 Credit Cards">Top 10 Credit Cards</a></li></ul></div></details></div><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-school mr-2 h-full"><path d="M14 22v-4a2 2 0 1 0-4 0v4"></path><path d="m18 10 4 2v8a2 2 0 0 1-2 2H4a2 2 0 0 1-2-2v-8l4-2"></path><path d="M18 5v17"></path><path d="m4 6 8-4 8 4"></path><path d="M6 5v17"></path><circle cx="12" cy="9" r="2"></circle></svg>Home Loans<!-- --> <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan.html" title="Compare Home Loans" aria-label="Compare Home Loans">Compare Home Loans</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan/emi-calculator.html" title="Home Loan Calculator" aria-label="Home Loan Calculator">Home Loan Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan-interest-rate.html" title="Home Loan Interest Rates" aria-label="Home Loan Interest Rates">Home Loan Interest Rates</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan-eligibility.html" title="Home Loan Eligibility" aria-label="Home Loan Eligibility">Home Loan Eligibility</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan-balance-transfer.html" title="Home Loan Transfer" aria-label="Home Loan Transfer">Home Loan Transfer</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan/pradhan-mantri-awas-yojana.html" title="PMAY" aria-label="PMAY">PMAY</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/sbi-home-loan.html" title="SBI Home Loan" aria-label="SBI Home Loan">SBI Home Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/hdfc-home-loan.html" title="HDFC Home Loan" aria-label="HDFC Home Loan">HDFC Home Loan</a></li></ul></div></details></div><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-indian-rupee mr-2 h-full"><path d="M6 3h12"></path><path d="M6 8h12"></path><path d="m6 13 8.5 8"></path><path d="M6 13h3"></path><path d="M9 13c6.667 0 6.667-10 0-10"></path></svg>Personal Loans<!-- --> <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/personal-loan.html" title="Compare Personal Loans" aria-label="Compare Personal Loans">Compare Personal Loans</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/personal-loan/emi-calculator.html" title="Personal Loan Calculator" aria-label="Personal Loan Calculator">Personal Loan Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/personal-loan-interest-rate.html" title="Personal Loan Interest Rates" aria-label="Personal Loan Interest Rates">Personal Loan Interest Rates</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/personal-loan-eligibility.html" title="Personal Loan Eligibility" aria-label="Personal Loan Eligibility">Personal Loan Eligibility</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/sbi-personal-loan.html" title="SBI Personal Loan" aria-label="SBI Personal Loan">SBI Personal Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/hdfc-personal-loan.html" title="HDFC Personal Loan" aria-label="HDFC Personal Loan">HDFC Personal Loan</a></li></ul></div></details></div><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-indian-rupee mr-2 h-full"><path d="M6 3h12"></path><path d="M6 8h12"></path><path d="m6 13 8.5 8"></path><path d="M6 13h3"></path><path d="M9 13c6.667 0 6.667-10 0-10"></path></svg>Other Loans<!-- --> <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan.html" title="Car Loan" aria-label="Car Loan">Car Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/two-wheeler-loan.html" title="Two Wheeler Loan" aria-label="Two Wheeler Loan">Two Wheeler Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/education-loan.html" title="Education Loan" aria-label="Education Loan">Education Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/gold-loan.html" title="Gold Loan" aria-label="Gold Loan">Gold Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan/loan-against-property.html" title="Loan Against Property" aria-label="Loan Against Property">Loan Against Property</a></li></ul></div></details></div><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-calculator mr-2 h-full"><rect width="16" height="20" x="4" y="2" rx="2"></rect><line x1="8" x2="16" y1="6" y2="6"></line><line x1="16" x2="16" y1="14" y2="18"></line><path d="M16 10h.01"></path><path d="M12 10h.01"></path><path d="M8 10h.01"></path><path d="M12 14h.01"></path><path d="M8 14h.01"></path><path d="M12 18h.01"></path><path d="M8 18h.01"></path></svg>Calculators<!-- --> <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/finance-tools/emi-calculator.html" title="EMI Calculator" aria-label="EMI Calculator">EMI Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan/emi-calculator.html" title="Home Loan EMI Calculator" aria-label="Home Loan EMI Calculator">Home Loan EMI Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/personal-loan/emi-calculator.html" title="Personal Loan EMI Calculator" aria-label="Personal Loan EMI Calculator">Personal Loan EMI Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/emi-calculator.html" title="Car Loan EMI Calculator" aria-label="Car Loan EMI Calculator">Car Loan EMI Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/tax/income-tax-calculator.html" title="Income Tax Calculator" aria-label="Income Tax Calculator">Income Tax Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/fixed-deposit/fd-calculator.html" title="FD Calculator" aria-label="FD Calculator">FD Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/recurring-deposit/rd-interest-calculator.html" title="RD Calculator" aria-label="RD Calculator">RD Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/calculators.html" title="All Financial Calculators" aria-label="All Financial Calculators">All Financial Calculators</a></li></ul></div></details></div><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-indian-rupee mr-2 h-full"><path d="M6 3h12"></path><path d="M6 8h12"></path><path d="m6 13 8.5 8"></path><path d="M6 13h3"></path><path d="M9 13c6.667 0 6.667-10 0-10"></path></svg>Investments<!-- --> <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/fixed-deposit-rate.html" title="Fixed Deposit" aria-label="Fixed Deposit">Fixed Deposit</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/recurring-deposit-rates.html" title="Recurring Deposit" aria-label="Recurring Deposit">Recurring Deposit</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/savings-account.html" title="Savings Account" aria-label="Savings Account">Savings Account</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/saving-schemes.html" title="Saving Schemes" aria-label="Saving Schemes">Saving Schemes</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/gold-rate-india.html" title="Gold Rate" aria-label="Gold Rate">Gold Rate</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/silver-rate-india.html" title="Silver Rate" aria-label="Silver Rate">Silver Rate</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/mutual-fund.html" title="Mutual Funds" aria-label="Mutual Funds">Mutual Funds</a></li></ul></div></details></div><span><a href="/credit-score.html" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 minW-auto bg-inherit text-inherit hover:bg-inherit no-underline h-auto text-wrap font-medium focus-visible:ring-0 w-full py-4"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-wallet-cards mr-2 h-full"><rect width="18" height="18" x="3" y="3" rx="2"></rect><path d="M3 9a2 2 0 0 1 2-2h14a2 2 0 0 1 2 2"></path><path d="M3 11h3c.8 0 1.6.3 2.1.9l1.1.9c1.6 1.6 4.1 1.6 5.7 0l1.1-.9c.5-.5 1.3-.9 2.1-.9H21"></path></svg><span class="flex-auto "><strong><p class="text-sm ">Credit Score</p></strong></span><img src="https://static.bankbazaar.com/images/common/bbicons-menu-free-badge.webp" alt="FREE" title="FREE" width="40" height="20" style="max-width:100%;display:inline"/></a></span><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-file-text mr-2 h-full"><path d="M15 2H6a2 2 0 0 0-2 2v16a2 2 0 0 0 2 2h12a2 2 0 0 0 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Utility Documents<!-- --> <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/pan-card.html" title="Pan Card" aria-label="Pan Card">Pan Card</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/aadhar-card.html" title="Aadhaar Card" aria-label="Aadhaar Card">Aadhaar Card</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/voter-id.html" title="Voter ID" aria-label="Voter ID">Voter ID</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/electricity-bill.html" title="Electricity Bill" aria-label="Electricity Bill">Electricity Bill</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/driving-licence.html" title="Driving Licence" aria-label="Driving Licence">Driving Licence</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/passport.html" title="Passport" aria-label="Passport">Passport</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/visa.html" title="Visa" aria-label="Visa">Visa</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/gas-connection.html" title="Gas Connection" aria-label="Gas Connection">Gas Connection</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/ration-card.html" title="Ration Card" aria-label="Ration Card">Ration Card</a></li></ul></div></details></div><span><a href="/getapp.html" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 minW-auto bg-inherit text-inherit hover:bg-inherit no-underline h-auto text-wrap font-medium focus-visible:ring-0 w-full py-4"><span class="mr-2"><img src="https://static.bankbazaar.com/images/common/bbicons-menu-download-app.webp" alt="Download App" title="Download App" width="25" height="28" style="max-width:100%;display:inline"/></span><span class="flex-auto "><strong><p class="text-sm ">Download Mobile App</p></strong></span><img src="https://static.bankbazaar.com/images/common/bbicons-menu-android-star-badge.webp" alt="Badge" title="Badge" width="12" height="20" style="max-width:100%;display:inline"/></a></span><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-umbrella mr-2 h-full"><path d="M22 12a10.06 10.06 1 0 0-20 0Z"></path><path d="M12 12v8a2 2 0 0 0 4 0"></path><path d="M12 2v1"></path></svg>Insurance<!-- --> <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 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text-bbBlue" href="/insurance/lic-life-insurance-endowment-plans/new-jeevan-anand-plan.html" title="LIC&#x27;s New Jeevan Anand Plan" target="_blank" aria-label="LIC&#x27;s New Jeevan Anand Plan">LIC&#x27;s New Jeevan Anand Plan</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/life-insurance/postal-life-insurance-premium-calculator.html" title="Postal Life Insurance Premium Calculator" target="_blank" aria-label="Postal Life Insurance Premium Calculator">Postal Life Insurance Premium Calculator</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/lic-life-insurance/lic-jeevan-labh-plan.html" title="LIC Jeevan Labh Plan " target="_blank" aria-label="LIC Jeevan Labh Plan ">LIC Jeevan Labh Plan</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/rural-postal-life-insurance/gram-suraksha-plan.html" title="Gram Suraksha Rural Postal Life Insurance Scheme " target="_blank" aria-label="Gram Suraksha Rural Postal Life Insurance Scheme ">Gram Suraksha Rural Postal Life Insurance Scheme</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/lic-life-insurance/jeevan-akshay.html" title="LIC Tax Benefits" target="_blank" aria-label="LIC Tax Benefits">LIC Jeevan Akshay</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/term-insurance/1crore-term-insurance-plan.html" title="1 Crore Term Insurance Plan" target="_blank" aria-label="1 Crore Term Insurance Plan">1 Crore Term Insurance Plan</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/life-insurance/surrender-lic-policy.html" title="How to Surrender LIC Policy" target="_blank" aria-label="How to Surrender LIC Policy">How to Surrender LIC Policy</a></li></ul><h4 class="text-sm font-bold ">Life Insurance by Insurers</h4><ul class="list-none "><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/sbi-life-insurance.html" title="Check Plans from SBI Life Insurance" target="_blank" aria-label="Check Plans from SBI Life Insurance">SBI Life Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/lic-life-insurance.html" title="Check Plans from LIC Life Insurance" target="_blank" aria-label="Check Plans from LIC Life Insurance">LIC Life Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/max-life-insurance.html" title="Check Plans from Max Life Insurance" target="_blank" aria-label="Check Plans from Max Life Insurance">Max Life Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/exide-life-insurance.html" title="Check Plans from Exide Life Insurance" target="_blank" aria-label="Check Plans from Exide Life Insurance">Exide Life Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/bharti-axa-life-insurance.html" title="Check Plans from Bharti AXA Life Insurance" target="_blank" aria-label="Check Plans from Bharti AXA Life Insurance">Bharti AXA Life Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/indiafirst-life-insurance.html" title="Check Plans from Indiafirst Life Insurance" target="_blank" aria-label="Check Plans from Indiafirst Life Insurance">Indiafirst Life Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/reliance-life-insurance.html" title="Check Plans from Reliance Life Insurance" target="_blank" aria-label="Check Plans from Reliance Life Insurance">Reliance Life Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/hdfc-life-insurance.html" title="Check Plans from HDFC Life Insurance" target="_blank" aria-label="Check Plans from HDFC Life Insurance">HDFC Life Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/aviva-life-insurance.html" title="Check Plans from Aviva Life Insurance" target="_blank" aria-label="Check Plans from Aviva Life Insurance">Aviva Life Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/kotak-life-insurance.html" title="Check Plans from Kotak Life Insurance" target="_blank" aria-label="Check Plans from Kotak Life Insurance">Kotak Life Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/bajaj-allianz-life-insurance.html" title="Check Plans from Bajaj Allianz Life Insurance" target="_blank" aria-label="Check Plans from Bajaj Allianz Life Insurance">Bajaj Allianz Life Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/birla-sun-life-insurance.html" title="Check Plans from Birla Sun Life Insurance" target="_blank" aria-label="Check Plans from Birla Sun Life Insurance">Birla Sun Life Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/shriram-life-insurance.html" title="Check Plans from Shriram Life Insurance" target="_blank" aria-label="Check Plans from Shriram Life Insurance">Shriram Life Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/tata-aia-life-insurance.html" title="Check Plans from Tata Aia Life Insurance" target="_blank" aria-label="Check Plans from Tata Aia Life Insurance">Tata Aia Life Insurance</a></li></ul><h4 class="text-sm font-bold ">Popular Term Insurance Reads</h4><ul class="list-none "><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/term-insurance/top-term-insurance-plans-india.html" title="Top Term Insurance Plans" target="_blank" aria-label="Top Term Insurance Plans">Top Term Insurance Plans</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/term-insurance/term-insurance-plan-maturity-benefits.html" title="Term Insurance Maturity Benefits" target="_blank" aria-label="Term Insurance Maturity Benefits">Term Insurance Maturity Benefits</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/term-insurance/term-life-insurance-for-tax-benefits.html" title="Term Life Insurance for Tax Benefits" target="_blank" aria-label="Term Life Insurance for Tax Benefits">Term Life Insurance for Tax Benefits</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/term-insurance/10-year-term-life-insurance-policy.html" title="Ten years Term Insurance Policy" target="_blank" aria-label="Ten years Term Insurance Policy">Ten years Term Insurance Policy</a></li></ul><h4 class="text-sm font-bold ">Term Life Insurance by Insurers</h4><ul class="list-none "><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/edelweiss-term-plan.html" title="Check Plans from Edelweiss Term Insurance" target="_blank" aria-label="Check Plans from Edelweiss Term Insurance">Edelweiss Term Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/future-generali-term-plan.html" title="Check Plans from Future Generali Term Insurance" target="_blank" aria-label="Check Plans from Future Generali Term Insurance">Future Generali Term Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/kotak-term-insurance.html" title="Check Plans from Kotak Mahindra Term Insurance" target="_blank" aria-label="Check Plans from Kotak Mahindra Term Insurance">Kotak Mahindra Term Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/indiafirst-term-plan.html" title="Check Plans from Indiafirst Term Insurance" target="_blank" aria-label="Check Plans from Indiafirst Term Insurance">Indiafirst Term Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/lic-term-plan.html" title="Check Plans from LIC Term Insurance" target="_blank" aria-label="Check Plans from LIC Term Insurance">LIC Term Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/shriram-term-plan.html" title="Check Plans from Shriram Life Term Insurance" target="_blank" aria-label="Check Plans from Shriram Life Term Insurance">Shriram Life Term Insurance</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/insurance/tata-aia-term-plan.html" title="Check Plans from Tata Aia Term Insurance" target="_blank" aria-label="Check Plans from Tata Aia Term Insurance">Tata Aia Term Insurance</a></li></ul></div></div><div data-inline-ad-position="LEFT_NAV"></div></aside></div><div class=" lg:col-span-10 md:col-span-10 col-span-12"><div class="flex flex-col gap-2.5 px-1"><div class="items-center flex gap-2.5"><h1 class="text-xl font-bold ">Pension Plans</h1></div><div class="rounded-lg border border-slate-200 text-slate-950 shadow-sm dark:border-slate-800 dark:bg-slate-950 dark:text-slate-50 relative bg-primary-light"><div class="p-2.5"><div class="pr-md font-large" style="max-height:500px;overflow-y:auto"><p class="text-base ">&quot;<strong>Pension plans</strong>聽are plans maintained by employers that help individuals secure their financial future and protect them from any uncertainties that may arise post retirement. These plans are best suited for senior citizens that are looking to effectively plan their retirement.&quot;</p></div></div></div><div><div class="mb-xl"><span style="background-color:#ffff009c" class="mb-xl"></span></div><div class="flex flex-col gap-1"><div class="text-center mt-4 mb-4"><a href="https://www.bankbazaar.com/credit-score.html?variant=slide&amp;WT.mc_id=CROSS_SELL_IL_LIBUTTON_15124&amp;utm_source=bb&amp;utm_medium=seo&amp;utm_campaign=CROSS_SELL_IL_LIBUTTON_15124" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 py-2 minW-auto no-underline h-auto text-wrap font-medium focus-visible:ring-0 bg-destructive text-destructive-foreground hover:bg-destructive-300" title="Check FREE Credit Score">Check FREE Credit Score</a></div><p class="text-base ">If you are looking for a pension plan that would allow you to take care of your needs after you have stopped working, visit the BankBazaar website to find the <strong>top 10<i> </i>pension plans in India</strong> and decide which one is the best for you.</p><h2 class="text-lg font-bold pt-5">Top 10 Pension Plans in India 2024</h2><p class="text-base ">The <strong>top 10 pension plans in India</strong> are mentioned in the table below also explore the features and benefits of Top 10 Pension Plans:</p><div class="relative w-full overflow-auto"><table class="w-full caption-bottom text-sm border"><thead class="[&amp;_tr]:border-b font-bold"><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l bg-secondary hover:bg-secondary text-white p-2" colSpan="1"><p class="text-base ">Name of Plan</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l bg-secondary hover:bg-secondary text-white p-2" colSpan="1"><p class="text-base ">Entry Age</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l bg-secondary hover:bg-secondary text-white p-2" colSpan="1"><p class="text-base ">Maturity Age</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l bg-secondary hover:bg-secondary text-white p-2" colSpan="1"><p class="text-base ">Policy Term</p></td></tr></thead><tbody class="[&amp;_tr:last-child]:border-0"><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base "><a href="/life-insurance/ulip/hdfc-life-click-2-retire-plan.html" target="_blank">HDFC Life Click 2 Retire</a></p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">18 years to 65 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">45 years to 75 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">10 years to 35 years</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base "><a href="/insurance/max-life-insurance/guaranteed-lifetime-income-plan.html" target="_blank">Max Life Guaranteed Lifetime Income Plan</a></p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1">Immediate Annuity: 0 years to 80 years</li><li class="pt-1 pb-1">Deferred Annuity: 30 years to 80 years</li></ol></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">31 years to 90 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">NA</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base "><a href="/insurance/sbi-life-insurance/saral-pension-plan.html" target="_blank">SBI Life Saral Retirement Saver</a></p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">18 years to 65 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">40 years to 70 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">5 years to 40 years</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base "><a href="/life-insurance/lic-new-jeevan-shanti.html" target="_blank">LIC New Jeevan Shanti Plan</a></p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">30 years to 79 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">31 years to 80 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">NA</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Bajaj Allianz Life LongLife Goal</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">18 years to 65 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">99 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">10 years to 25 years</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base "><a href="/insurance/indiafirst-life-insurance-pension-plans/annuity-plan.html" target="_blank">IndiaFirst Life Guaranteed Annuity Plan</a></p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">40 years to 80 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">NA</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">NA</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base "><a href="/insurance/birla-sun-life-insurance/empower-pension-sp-plan.html" target="_blank">ABSLI Empower Pension Plan</a></p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">25 years to 70 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">80 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">5 years to 30 years</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Kotak Premier Pension Plan</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">30 years to 60 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">45 years to 70 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">10 years to 30 years</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Tata AIA Life Insurance Guaranteed Monthly Income Plan</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">6 years to 60 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">65 years to 68 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">5 years, 8 years, 12 years</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base "><a href="/insurance/icici-prudential-life-insurance-retirement-plans/easy-retirement-plan.html" target="_blank">ICICI Pru Easy Retirement Plan</a></p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">18 years to 70 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">30 years to 80 years</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">10 years to 30 years</p></td></tr></tbody></table></div></div><div><div class="flex flex-col gap-1"><div class="text-center mt-4 mb-4"><a href="https://www.bankbazaar.com/credit-score.html?variant=slide&amp;WT.mc_id=CROSS_SELL_IL_LIBUTTON_15124&amp;utm_source=bb&amp;utm_medium=seo&amp;utm_campaign=CROSS_SELL_IL_LIBUTTON_15124" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 py-2 minW-auto no-underline h-auto text-wrap font-medium focus-visible:ring-0 bg-destructive text-destructive-foreground hover:bg-destructive-300" title="Check FREE Credit Score">Check FREE Credit Score</a></div><div class="mb-2.5"><img src="https://static.bankbazaar.com/images/india/infographic/10-pension-plans-in-india.webp" alt="10 Pension Plans in India" title="10 Pension Plans in India" width="400" height="250" loading="lazy" style="max-width:100%;display:block;float:left;margin:0 auto"/></div><h2 class="text-lg font-bold pt-5">HDFC Life Click 2 Retire Plan</h2><p class="text-base ">The HDFC Life - Click 2 Retire plan is a unit-linked pension plan that assists you in meeting your retirement goal.</p><p class="text-base "><strong>Features and benefits:</strong></p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1">No charges for entry, exit, and policy administration</li><li class="pt-1 pb-1">Single Pay and Limited Pay options are available</li><li class="pt-1 pb-1">Death benefits payable to the nominee will be 105% of the premiums paid up to that point</li><li class="pt-1 pb-1">Plans can be purchased at a starting price of Rs.2,000 per month</li></ol><div data-inline-ad-position="HUNGRY_FOR_MORE"></div><h2 class="text-lg font-bold pt-5">Max Life Guaranteed Lifetime Income Plan</h2><p class="text-base ">The Max Life Guaranteed Lifetime Income Plan ensures that you receive a steady income with multiple benefits after retirement.</p><p class="text-base "><strong>Features and benefits:</strong></p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1">Six Annuity options are available</li><li class="pt-1 pb-1">Pension amount is offered in four annuity payout options: monthly, quarterly, half-annually, or annually</li><li class="pt-1 pb-1">The minimum premium amount is Rs.1,000 per month</li><li class="pt-1 pb-1">You can select between a single life and a joint life annuity</li></ol><div class="text-center mt-4 mb-4"><a href="https://www.bankbazaar.com/credit-score.html?variant=slide&amp;WT.mc_id=CROSS_SELL_IL_LIBUTTON_15124&amp;utm_source=bb&amp;utm_medium=seo&amp;utm_campaign=CROSS_SELL_IL_LIBUTTON_15124" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 py-2 minW-auto no-underline h-auto text-wrap font-medium focus-visible:ring-0 bg-destructive text-destructive-foreground hover:bg-destructive-300" title="Check FREE Credit Score">Check FREE Credit Score</a></div><h2 class="text-lg font-bold pt-5">SBI Life Saral Retirement Saver Plan</h2><p class="text-base ">The SBI Life Saral Pension plan assists you in growing a retirement corpus and also ensures your family&#x27;s future is secure.</p><p class="text-base "><strong>Features and benefits:</strong></p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1">The plan offers a life insurance option with the SBI Life - Preferred Term Rider</li><li class="pt-1 pb-1">You can avail income tax benefits according to the applicable Indian income tax regulations</li><li class="pt-1 pb-1">Grow your retirement fund by receiving regular simple reversionary bonuses during the insurance term</li><li class="pt-1 pb-1">The premium payment modes available are single, monthly, half-yearly, and yearly</li></ol><h2 class="text-lg font-bold pt-5">LIC New Jeevan Shanti Plan</h2><p class="text-base ">The LIC New Jeevan Shanti plan is a single premium plan in which you can select between a single life and a joint life deferred annuity.</p><p class="text-base "><strong>Features and benefits:</strong></p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1">This plan can be purchased both online and offline</li><li class="pt-1 pb-1">Additional Death Benefit will be paid at the completion of each policy month until the end of the Deferment Period</li><li class="pt-1 pb-1">Annuity modes available are monthly, quarterly, half-yearly, and yearly</li><li class="pt-1 pb-1">Policy loans can be availed after three months of policy conclusion</li></ol><div data-inline-ad-position="HUNGRY_FOR_MORE"></div><h2 class="text-lg font-bold pt-5">Bajaj Allianz Life LongLife Goal</h2><p class="text-base ">The Bajaj Allianz Life LongLife Goal plan is a unit-linked plan that offers you a steady income until you attain the age of 99 years.</p><p class="text-base "><strong>Features and benefits:</strong></p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1">The plan is available in two variants: LongLife Goal with Waiver of Premium and LongLife Goal without Waiver of Premium</li><li class="pt-1 pb-1">Four investment portfolio options are available</li><li class="pt-1 pb-1">Loyalty Additions are offered every year from the fifth policy year to 25th policy year</li><li class="pt-1 pb-1">Partial withdrawals can be made after the聽fifth policy year</li></ol><div class="text-center mt-4 mb-4"><a href="https://www.bankbazaar.com/credit-score.html?variant=slide&amp;WT.mc_id=CROSS_SELL_IL_LIBUTTON_15124&amp;utm_source=bb&amp;utm_medium=seo&amp;utm_campaign=CROSS_SELL_IL_LIBUTTON_15124" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 py-2 minW-auto no-underline h-auto text-wrap font-medium focus-visible:ring-0 bg-destructive text-destructive-foreground hover:bg-destructive-300" title="Check Your Credit Score for FREE">Check Your Credit Score for FREE</a></div><h2 class="text-lg font-bold pt-5">IndiaFirst Life Guaranteed Annuity Plan</h2><p class="text-base ">The IndiaFirst Life Guaranteed Annuity Plan, an annuity pension plan, comes with a variety of choices to let you tailor your retirement coverage to your unique requirements.</p><p class="text-base "><strong>Features and benefits:</strong></p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1">Choose from 12 different annuity plans based on your needs to ensure a steady lifelong income</li><li class="pt-1 pb-1">The top-up option allows you to increase the amount of your annuity</li><li class="pt-1 pb-1">Avail tax benefits on the premiums paid</li><li class="pt-1 pb-1">The Deferred Life Annuity Option lets you delay your annuity payments</li></ol><h2 class="text-lg font-bold pt-5">ABSLI Empower Pension Plan</h2><p class="text-base ">ABSLI Empower Pension Plan is a unit-linked pension plan that allows you to save for retirement in a simple and hassle-free manner.</p><p class="text-base "><strong>Features and benefits:</strong></p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1">Select Conservative/Moderate/Aggressive risk profile for your investments</li><li class="pt-1 pb-1">Partial withdrawals are allowed on completion of five policy years</li><li class="pt-1 pb-1">Two different plan options that meet your diverse requirements</li><li class="pt-1 pb-1">Premium payment can be made on a monthly, quarterly, half-yearly, and yearly basis</li></ol><div data-inline-ad-position="HUNGRY_FOR_MORE"></div><h2 class="text-lg font-bold pt-5">Kotak Premier Pension Plan</h2><p class="text-base ">Kotak Life Insurance has launched the Kotak Premier Pension Plan that ensures you receive regular income along with added benefits after retirement.</p><p class="text-base "><strong>Features and benefits:</strong></p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1">You can select from two rider options</li><li class="pt-1 pb-1">The plan offers bonuses from the sixth policy year</li><li class="pt-1 pb-1">You will receive a minimum guaranteed benefit equal to 105% of the premiums paid up to the date of death or vesting</li><li class="pt-1 pb-1">Guaranteed Additions will be offered in the first five policy years.</li></ol><div class="text-center mt-4 mb-4"><a href="https://www.bankbazaar.com/credit-score.html?variant=slide&amp;WT.mc_id=CROSS_SELL_IL_LIBUTTON_15124&amp;utm_source=bb&amp;utm_medium=seo&amp;utm_campaign=CROSS_SELL_IL_LIBUTTON_15124" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 py-2 minW-auto no-underline h-auto text-wrap font-medium focus-visible:ring-0 bg-destructive text-destructive-foreground hover:bg-destructive-300" title="Know Your Credit Score for FREE">Know Your Credit Score for FREE</a></div><h2 class="text-lg font-bold pt-5">Tata AIA Guaranteed Monthly Income Plan</h2><p class="text-base ">The Tata AIA Life Guaranteed Monthly Income Plan offers regular income and financial security for your family, assisting you in planning your future.</p><p class="text-base "><strong>Features and benefits:</strong></p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1">Flexibility in planning your monthly income for 10/16/24 years</li><li class="pt-1 pb-1">Receive assured income every month for up to 288 months</li><li class="pt-1 pb-1">You are entitled to tax benefits in accordance with the current tax regulations</li><li class="pt-1 pb-1">Loans against the policy can be availed</li></ol><h2 class="text-lg font-bold pt-5">ICICI Pru Easy Retirement Plan</h2><p class="text-base ">ICICI Pru Easy Retirement Plan helps in providing regular income to the policyholder through investment opportunities in stocks.</p><p class="text-base "><strong>Features and benefits:</strong></p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1">This plan has various payment frequency methods like biannual, monthly, and yearly. Policyholders can pay premiums on monthly, half yearly, and yearly basis.</li><li class="pt-1 pb-1">As this is a pension policy, the insured can reduce their taxable income.</li><li class="pt-1 pb-1">The death benefit in this plan is equal to 105% of the total premium paid.</li></ol><h2 class="text-lg font-bold pt-5">Basis for selection</h2><p class="text-base ">The insurers have been selected based on their highest annual new business premium income in the mentioned fiscal year. Here is the table that highlights the selected insurers and their annual new business premium income in FY 2021-22, based on the highest to lowest income in terms of Annual New Business Premium:</p><div class="relative w-full overflow-auto"><table class="w-full caption-bottom text-sm border"><thead class="[&amp;_tr]:border-b font-bold"><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l bg-secondary hover:bg-secondary text-white p-2" colSpan="1"><p class="text-base ">Top Companies</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l bg-secondary hover:bg-secondary text-white p-2" colSpan="1"><p class="text-base ">Annual New Business Premium (Rs. in Crores)</p></td></tr></thead><tbody class="[&amp;_tr:last-child]:border-0"><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">LIC</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">428024.97</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">SBI Life</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">58759.64</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">HDFC Life</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">45962.83</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">ICICI Prudential</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">37457.99</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Max Life</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">22414.17</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Tata AIA</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">14445.03</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Bajaj Allianz</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">16127.05</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Kotak Mahindra</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">13015.11</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Aditya Birla Sunlife</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">12140.23</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">India First</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">5186.56</p></td></tr></tbody></table></div><div class="text-center mt-4 mb-4"><a href="https://www.bankbazaar.com/credit-score.html?variant=slide&amp;WT.mc_id=CROSS_SELL_IL_LIFAQBUTTON_15124&amp;utm_source=bb&amp;utm_medium=seo&amp;utm_campaign=CROSS_SELL_IL_LIFAQBUTTON_15124" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 py-2 minW-auto no-underline h-auto text-wrap font-medium focus-visible:ring-0 bg-destructive text-destructive-foreground hover:bg-destructive-300" title="Know Your Credit Score for FREE">Know Your Credit Score for FREE</a></div></div><h2 class="text-lg font-bold pt-4">FAQs on Top 10 Pension Plans in India</h2><ul class="list-decimal list-outside ml-4 mr-4 "><li class="pt-1 pb-1"><strong>What is annuity?</strong><p class="text-base ">An annuity is a series of regular payouts you receive under a pension plan after you retire. The annuity can be obtained on a monthly, quarterly, semi-annual, or annual basis.</p></li><li class="pt-1 pb-1"><strong>Do I need a pension plan if I already have a provident fund account?</strong><p class="text-base ">Yes. A provident fund is not enough to financially support your future expenses. Thus, a pension plan is necessary that will cover your healthcare expenses after your retirement.</p></li><li class="pt-1 pb-1"><strong>What is the accumulation phase?</strong><p class="text-base ">The accumulation phase is the time duration in which you pay regular premiums to your insurance provider in order to obtain income in the form of a pension once you retire.</p></li><li class="pt-1 pb-1"><strong>Can I purchase multiple pension plans?</strong><p class="text-base ">Yes. You can purchase multiple pension plans from different insurance companies.</p></li><li class="pt-1 pb-1"><strong>Can I add my family members to my pension plan?</strong><p class="text-base ">Yes. You can add your family members to your pension plan.</p></li><li class="pt-1 pb-1"><strong>Can I change the nominee of my pension plan?</strong><p class="text-base ">Yes. The facility for change of nomination is available in a pension plan.</p></li><li class="pt-1 pb-1"><strong>How to apply for a pension plan in India?</strong><p class="text-base ">The process of applying for a pension plan differs from plan and providers. Once can apply for a pension plan either online or offline.</p></li><li class="pt-1 pb-1"><strong>Can I switch between plans in India?</strong><p class="text-base ">Yes, various pension plans in India allow to switch between portfolios and funds within the plan and subject to certain terms and conditions.</p></li><li class="pt-1 pb-1"><strong>What happens to the pension plan if a policyholder dies?</strong><p class="text-base ">In case of the death of the policyholder, the amount is paid to the legal heirs or nominee as per the terms and conditions.</p></li><li class="pt-1 pb-1"><strong>What is the minimum age limit to invest in a pension plan in India?</strong><p class="text-base ">The minimum age to invest in a pension plan in India is 18 years.</p></li></ul><script type="application/ld+json" data-testid="faq-json-ld">{"@context":"https://schema.org","@type":"FAQPage","mainEntity":[{"@type":"Question","name":"What is annuity?","acceptedAnswer":{"@type":"Answer","text":"An annuity is a series of regular payouts you receive under a pension plan after you retire. 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You can purchase multiple pension plans from different insurance companies."}},{"@type":"Question","name":"Can I add my family members to my pension plan?","acceptedAnswer":{"@type":"Answer","text":"Yes. You can add your family members to your pension plan."}},{"@type":"Question","name":"Can I change the nominee of my pension plan?","acceptedAnswer":{"@type":"Answer","text":"Yes. The facility for change of nomination is available in a pension plan."}},{"@type":"Question","name":"How to apply for a pension plan in India?","acceptedAnswer":{"@type":"Answer","text":"The process of applying for a pension plan differs from plan and providers. 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href="/fixed-deposit/5years-fd-interest-rates.html" title="5 Years FD Interest Rates" aria-label="5 Years FD Interest Rates">5 Years FD Interest Rates</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/fixed-deposit/monthly-income-scheme.html" title="Monthly Income FD Schemes" aria-label="Monthly Income FD Schemes">Monthly Income FD Schemes</a></li></ul></div><div class="items-start flex flex-col justify-center gap-4 p-2.5"><p class="text-sm text-white font-bold ">Calculator:</p><ul class="list-none "><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/calculators.html" title="All Finance Calculators" aria-label="All Finance Calculators">All Finance Calculators</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/home-loan/emi-calculator.html" title="Home Loan Calculator" aria-label="Home Loan Calculator">Home Loan 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{"basename":"/","future":{"v3_fetcherPersist":true,"v3_relativeSplatPath":true,"v3_throwAbortReason":true,"unstable_singleFetch":false,"unstable_lazyRouteDiscovery":false,"unstable_optimizeDeps":false},"isSpaMode":false,"state":{"loaderData":{"root":{"namespace":"life-insurance/pension-plans/top-10-pension-plans","gtmId":"GTM-TRB8XL","wenEngageId":"~13410604b","appshell":true},"routes/default/route":{"productType":"TLI","bankId":1001,"pageData":{"id":15124,"breadCrumb":{"currentPageText":"Best Pension Plans","otherLinks":[{"link":"/insurance/life-insurance.html","text":"Life Insurance"}]},"hideOfferTable":true,"topContent":[{"type":"paragraph","data":{"text":"\"\u003cstrong\u003ePension plans\u003c/strong\u003e\u0026nbsp;are plans maintained by employers that help individuals secure their financial future and protect them from any uncertainties that may arise post retirement. These plans are best suited for senior citizens that are looking to effectively plan their retirement.\""}}],"faqs":{"items":[{"answer":[{"data":{"text":"An annuity is a series of regular payouts you receive under a pension plan after you retire. The annuity can be obtained on a monthly, quarterly, semi-annual, or annual basis."},"type":"paragraph"}],"question":"What is annuity?"},{"answer":[{"data":{"text":"Yes. A provident fund is not enough to financially support your future expenses. Thus, a pension plan is necessary that will cover your healthcare expenses after your retirement."},"type":"paragraph"}],"question":"Do I need a pension plan if I already have a provident fund account?"},{"answer":[{"data":{"text":"The accumulation phase is the time duration in which you pay regular premiums to your insurance provider in order to obtain income in the form of a pension once you retire."},"type":"paragraph"}],"question":"What is the accumulation phase?"},{"answer":[{"data":{"text":"Yes. You can purchase multiple pension plans from different insurance companies."},"type":"paragraph"}],"question":"Can I purchase multiple pension plans?"},{"answer":[{"data":{"text":"Yes. You can add your family members to your pension plan."},"type":"paragraph"}],"question":"Can I add my family members to my pension plan?"},{"answer":[{"data":{"text":"Yes. The facility for change of nomination is available in a pension plan."},"type":"paragraph"}],"question":"Can I change the nominee of my pension plan?"},{"question":"How to apply for a pension plan in India?","answer":[{"type":"paragraph","data":{"text":"The process of applying for a pension plan differs from plan and providers. Once can apply for a pension plan either online or offline."}}]},{"question":"Can I switch between plans in India?","answer":[{"type":"paragraph","data":{"text":"Yes, various pension plans in India allow to switch between portfolios and funds within the plan and subject to certain terms and conditions."}}]},{"question":"What happens to the pension plan if a policyholder dies?","answer":[{"type":"paragraph","data":{"text":"In case of the death of the policyholder, the amount is paid to the legal heirs or nominee as per the terms and conditions."}}]},{"question":"What is the minimum age limit to invest in a pension plan in India?","answer":[{"type":"paragraph","data":{"text":"The minimum age to invest in a pension plan in India is 18 years."}}]}],"title":"FAQs on Top 10 Pension Plans in India"},"hungryForMore":[{"type":"cta","data":{"link":"https://www.bankbazaar.com/credit-score.html?variant=slide\u0026WT.mc_id=CROSS_SELL_IL_LIBUTTON_15124\u0026utm_source=bb\u0026utm_medium=seo\u0026utm_campaign=CROSS_SELL_IL_LIBUTTON_15124","linkText":"Check FREE Credit Score"}},{"type":"paragraph","data":{"text":"If you are looking for a pension plan that would allow you to take care of your needs after you have stopped working, visit the BankBazaar website to find the \u003cstrong\u003etop 10\u003ci\u003e \u003c/i\u003epension plans in India\u003c/strong\u003e and decide which one is the best for you."}},{"type":"header","data":{"text":"Top 10 Pension Plans in India 2024","level":2}},{"type":"paragraph","data":{"text":"The \u003cstrong\u003etop 10 pension plans in India\u003c/strong\u003e are mentioned in the table below also explore the features and benefits of Top 10 Pension Plans:"}},{"type":"table","data":{"rows":[{"cols":[{"content":[{"data":{"text":"Name of Plan"},"type":"paragraph"}],"colspan":1,"rowspan":1,"highlight":true},{"content":[{"data":{"text":"Entry Age"},"type":"paragraph"}],"colspan":1,"rowspan":1,"highlight":true},{"content":[{"data":{"text":"Maturity Age"},"type":"paragraph"}],"colspan":1,"rowspan":1,"highlight":true},{"content":[{"data":{"text":"Policy Term"},"type":"paragraph"}],"colspan":1,"rowspan":1,"highlight":true}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"\u003ca href=\"/life-insurance/ulip/hdfc-life-click-2-retire-plan.html\" target=\"_blank\"\u003eHDFC Life Click 2 Retire\u003c/a\u003e"}}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"18 years to 65 years"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"45 years to 75 years"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"10 years to 35 years"},"type":"paragraph"}],"colspan":1,"rowspan":1}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"\u003ca href=\"/insurance/max-life-insurance/guaranteed-lifetime-income-plan.html\" target=\"_blank\"\u003eMax Life Guaranteed Lifetime Income Plan\u003c/a\u003e"}}],"colspan":1,"rowspan":1},{"content":[{"data":{"items":[{"content":"Immediate Annuity: 0 years to 80 years"},{"content":"Deferred Annuity: 30 years to 80 years"}],"style":"unordered"},"type":"list"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"31 years to 90 years"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"NA"},"type":"paragraph"}],"colspan":1,"rowspan":1}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"\u003ca href=\"/insurance/sbi-life-insurance/saral-pension-plan.html\" target=\"_blank\"\u003eSBI Life Saral Retirement Saver\u003c/a\u003e"}}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"18 years to 65 years"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"40 years to 70 years"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"5 years to 40 years"},"type":"paragraph"}],"colspan":1,"rowspan":1}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"\u003ca href=\"/life-insurance/lic-new-jeevan-shanti.html\" target=\"_blank\"\u003eLIC New Jeevan Shanti Plan\u003c/a\u003e"}}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"30 years to 79 years"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"31 years to 80 years"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"NA"},"type":"paragraph"}],"colspan":1,"rowspan":1}]},{"cols":[{"content":[{"data":{"text":"Bajaj Allianz Life LongLife Goal"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"18 years to 65 years"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"99 years"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"10 years to 25 years"},"type":"paragraph"}],"colspan":1,"rowspan":1}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"\u003ca href=\"/insurance/indiafirst-life-insurance-pension-plans/annuity-plan.html\" target=\"_blank\"\u003eIndiaFirst Life Guaranteed Annuity Plan\u003c/a\u003e"}}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"40 years to 80 years"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"NA"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"NA"},"type":"paragraph"}],"colspan":1,"rowspan":1}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"\u003ca href=\"/insurance/birla-sun-life-insurance/empower-pension-sp-plan.html\" target=\"_blank\"\u003eABSLI Empower Pension Plan\u003c/a\u003e"}}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"25 years to 70 years"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"80 years"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"5 years to 30 years"},"type":"paragraph"}],"colspan":1,"rowspan":1}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"Kotak Premier Pension Plan"}}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"30 years to 60 years"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"45 years to 70 years"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"10 years to 30 years"},"type":"paragraph"}],"colspan":1,"rowspan":1}]},{"cols":[{"content":[{"data":{"text":"Tata AIA Life Insurance Guaranteed Monthly Income Plan"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"6 years to 60 years"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"65 years to 68 years"},"type":"paragraph"}],"colspan":1,"rowspan":1},{"content":[{"data":{"text":"5 years, 8 years, 12 years"},"type":"paragraph"}],"colspan":1,"rowspan":1}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"\u003ca href=\"/insurance/icici-prudential-life-insurance-retirement-plans/easy-retirement-plan.html\" target=\"_blank\"\u003eICICI Pru Easy Retirement Plan\u003c/a\u003e"}}],"colspan":1,"rowspan":1},{"content":[{"type":"paragraph","data":{"text":"18 years to 70 years"}}],"colspan":1,"rowspan":1},{"content":[{"type":"paragraph","data":{"text":"30 years to 80 years"}}],"colspan":1,"rowspan":1},{"content":[{"type":"paragraph","data":{"text":"10 years to 30 years"}}],"colspan":1,"rowspan":1}]}]}},{"type":"cta","data":{"link":"https://www.bankbazaar.com/credit-score.html?variant=slide\u0026WT.mc_id=CROSS_SELL_IL_LIBUTTON_15124\u0026utm_source=bb\u0026utm_medium=seo\u0026utm_campaign=CROSS_SELL_IL_LIBUTTON_15124","linkText":"Check FREE Credit Score"}},{"type":"image","data":{"float":"left","lazy":true,"src":"https://static.bankbazaar.com/images/india/infographic/10-pension-plans-in-india.webp","alt":"10 Pension Plans in India","title":"10 Pension Plans in India","width":400,"height":250}},{"type":"header","data":{"text":"HDFC Life Click 2 Retire Plan","level":2}},{"type":"paragraph","data":{"text":"The HDFC Life - Click 2 Retire plan is a unit-linked pension plan that assists you in meeting your retirement goal."}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eFeatures and benefits:\u003c/strong\u003e"}},{"type":"list","data":{"style":"unordered","items":[{"content":"No charges for entry, exit, and policy administration","items":[]},{"content":"Single Pay and Limited Pay options are available","items":[]},{"content":"Death benefits payable to the nominee will be 105% of the premiums paid up to that point","items":[]},{"content":"Plans can be purchased at a starting price of Rs.2,000 per month","items":[]}]}},{"type":"header","data":{"text":"Max Life Guaranteed Lifetime Income Plan","level":2}},{"type":"paragraph","data":{"text":"The Max Life Guaranteed Lifetime Income Plan ensures that you receive a steady income with multiple benefits after retirement."}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eFeatures and benefits:\u003c/strong\u003e"}},{"type":"list","data":{"style":"unordered","items":[{"content":"Six Annuity options are available","items":[]},{"content":"Pension amount is offered in four annuity payout options: monthly, quarterly, half-annually, or annually","items":[]},{"content":"The minimum premium amount is Rs.1,000 per month","items":[]},{"content":"You can select between a single life and a joint life annuity","items":[]}]}},{"type":"cta","data":{"link":"https://www.bankbazaar.com/credit-score.html?variant=slide\u0026WT.mc_id=CROSS_SELL_IL_LIBUTTON_15124\u0026utm_source=bb\u0026utm_medium=seo\u0026utm_campaign=CROSS_SELL_IL_LIBUTTON_15124","linkText":"Check FREE Credit Score"}},{"type":"header","data":{"text":"SBI Life Saral Retirement Saver Plan","level":2}},{"type":"paragraph","data":{"text":"The SBI Life Saral Pension plan assists you in growing a retirement corpus and also ensures your family's future is secure."}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eFeatures and benefits:\u003c/strong\u003e"}},{"type":"list","data":{"style":"unordered","items":[{"content":"The plan offers a life insurance option with the SBI Life - Preferred Term Rider","items":[]},{"content":"You can avail income tax benefits according to the applicable Indian income tax regulations","items":[]},{"content":"Grow your retirement fund by receiving regular simple reversionary bonuses during the insurance term","items":[]},{"content":"The premium payment modes available are single, monthly, half-yearly, and yearly","items":[]}]}},{"type":"header","data":{"text":"LIC New Jeevan Shanti Plan","level":2}},{"type":"paragraph","data":{"text":"The LIC New Jeevan Shanti plan is a single premium plan in which you can select between a single life and a joint life deferred annuity."}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eFeatures and benefits:\u003c/strong\u003e"}},{"type":"list","data":{"style":"unordered","items":[{"content":"This plan can be purchased both online and offline","items":[]},{"content":"Additional Death Benefit will be paid at the completion of each policy month until the end of the Deferment Period","items":[]},{"content":"Annuity modes available are monthly, quarterly, half-yearly, and yearly","items":[]},{"content":"Policy loans can be availed after three months of policy conclusion","items":[]}]}},{"type":"header","data":{"text":"Bajaj Allianz Life LongLife Goal","level":2}},{"type":"paragraph","data":{"text":"The Bajaj Allianz Life LongLife Goal plan is a unit-linked plan that offers you a steady income until you attain the age of 99 years."}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eFeatures and benefits:\u003c/strong\u003e"}},{"type":"list","data":{"style":"unordered","items":[{"content":"The plan is available in two variants: LongLife Goal with Waiver of Premium and LongLife Goal without Waiver of Premium","items":[]},{"content":"Four investment portfolio options are available","items":[]},{"content":"Loyalty Additions are offered every year from the fifth policy year to 25th policy year","items":[]},{"content":"Partial withdrawals can be made after the\u0026nbsp;fifth policy year","items":[]}]}},{"type":"cta","data":{"link":"https://www.bankbazaar.com/credit-score.html?variant=slide\u0026WT.mc_id=CROSS_SELL_IL_LIBUTTON_15124\u0026utm_source=bb\u0026utm_medium=seo\u0026utm_campaign=CROSS_SELL_IL_LIBUTTON_15124","linkText":"Check Your Credit Score for FREE"}},{"type":"header","data":{"text":"IndiaFirst Life Guaranteed Annuity Plan","level":2}},{"type":"paragraph","data":{"text":"The IndiaFirst Life Guaranteed Annuity Plan, an annuity pension plan, comes with a variety of choices to let you tailor your retirement coverage to your unique requirements."}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eFeatures and benefits:\u003c/strong\u003e"}},{"type":"list","data":{"style":"unordered","items":[{"content":"Choose from 12 different annuity plans based on your needs to ensure a steady lifelong income","items":[]},{"content":"The top-up option allows you to increase the amount of your annuity","items":[]},{"content":"Avail tax benefits on the premiums paid","items":[]},{"content":"The Deferred Life Annuity Option lets you delay your annuity payments","items":[]}]}},{"type":"header","data":{"text":"ABSLI Empower Pension Plan","level":2}},{"type":"paragraph","data":{"text":"ABSLI Empower Pension Plan is a unit-linked pension plan that allows you to save for retirement in a simple and hassle-free manner."}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eFeatures and benefits:\u003c/strong\u003e"}},{"type":"list","data":{"style":"unordered","items":[{"content":"Select Conservative/Moderate/Aggressive risk profile for your investments","items":[]},{"content":"Partial withdrawals are allowed on completion of five policy years","items":[]},{"content":"Two different plan options that meet your diverse requirements","items":[]},{"content":"Premium payment can be made on a monthly, quarterly, half-yearly, and yearly basis","items":[]}]}},{"type":"header","data":{"text":"Kotak Premier Pension Plan","level":2}},{"type":"paragraph","data":{"text":"Kotak Life Insurance has launched the Kotak Premier Pension Plan that ensures you receive regular income along with added benefits after retirement."}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eFeatures and benefits:\u003c/strong\u003e"}},{"type":"list","data":{"style":"unordered","items":[{"content":"You can select from two rider options","items":[]},{"content":"The plan offers bonuses from the sixth policy year","items":[]},{"content":"You will receive a minimum guaranteed benefit equal to 105% of the premiums paid up to the date of death or vesting","items":[]},{"content":"Guaranteed Additions will be offered in the first five policy years.","items":[]}]}},{"type":"cta","data":{"link":"https://www.bankbazaar.com/credit-score.html?variant=slide\u0026WT.mc_id=CROSS_SELL_IL_LIBUTTON_15124\u0026utm_source=bb\u0026utm_medium=seo\u0026utm_campaign=CROSS_SELL_IL_LIBUTTON_15124","linkText":"Know Your Credit Score for FREE"}},{"type":"header","data":{"text":"Tata AIA Guaranteed Monthly Income Plan","level":2}},{"type":"paragraph","data":{"text":"The Tata AIA Life Guaranteed Monthly Income Plan offers regular income and financial security for your family, assisting you in planning your future."}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eFeatures and benefits:\u003c/strong\u003e"}},{"type":"list","data":{"style":"unordered","items":[{"content":"Flexibility in planning your monthly income for 10/16/24 years","items":[]},{"content":"Receive assured income every month for up to 288 months","items":[]},{"content":"You are entitled to tax benefits in accordance with the current tax regulations","items":[]},{"content":"Loans against the policy can be availed","items":[]}]}},{"type":"header","data":{"text":"ICICI Pru Easy Retirement Plan","level":2}},{"type":"paragraph","data":{"text":"ICICI Pru Easy Retirement Plan helps in providing regular income to the policyholder through investment opportunities in stocks."}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eFeatures and benefits:\u003c/strong\u003e"}},{"type":"list","data":{"style":"unordered","items":[{"content":"This plan has various payment frequency methods like biannual, monthly, and yearly. Policyholders can pay premiums on monthly, half yearly, and yearly basis.","items":[]},{"content":"As this is a pension policy, the insured can reduce their taxable income.","items":[]},{"content":"The death benefit in this plan is equal to 105% of the total premium paid.","items":[]}]}},{"type":"header","data":{"text":"Basis for selection","level":2}},{"type":"paragraph","data":{"text":"The insurers have been selected based on\ntheir highest annual new business premium income in the mentioned fiscal year.\nHere is the table that highlights the selected insurers and their annual new business\npremium income in FY 2021-22, based on the highest to lowest income in terms of\nAnnual New Business Premium:"}},{"type":"table","data":{"rows":[{"cols":[{"content":[{"type":"paragraph","data":{"text":"Top Companies\n "}}],"colspan":1,"rowspan":1,"highlight":true},{"content":[{"type":"paragraph","data":{"text":"Annual New Business\n Premium (Rs. in Crores)\n "}}],"colspan":1,"rowspan":1,"highlight":true}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"LIC\n "}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"428024.97\n "}}],"colspan":1,"rowspan":1,"highlight":false}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"SBI Life\n "}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"58759.64\n "}}],"colspan":1,"rowspan":1,"highlight":false}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"HDFC Life\n "}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"45962.83\n "}}],"colspan":1,"rowspan":1,"highlight":false}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"ICICI Prudential\n "}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"37457.99\n "}}],"colspan":1,"rowspan":1,"highlight":false}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"Max Life\n "}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"22414.17\n "}}],"colspan":1,"rowspan":1,"highlight":false}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"Tata AIA\n "}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"14445.03\n "}}],"colspan":1,"rowspan":1,"highlight":false}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"Bajaj Allianz\n "}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"16127.05\n "}}],"colspan":1,"rowspan":1,"highlight":false}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"Kotak Mahindra\n "}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"13015.11\n "}}],"colspan":1,"rowspan":1,"highlight":false}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"Aditya Birla Sunlife\n "}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"12140.23\n "}}],"colspan":1,"rowspan":1,"highlight":false}]},{"cols":[{"content":[{"type":"paragraph","data":{"text":"India First\n "}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"5186.56\n "}}],"colspan":1,"rowspan":1,"highlight":false}]}]}},{"type":"cta","data":{"link":"https://www.bankbazaar.com/credit-score.html?variant=slide\u0026WT.mc_id=CROSS_SELL_IL_LIFAQBUTTON_15124\u0026utm_source=bb\u0026utm_medium=seo\u0026utm_campaign=CROSS_SELL_IL_LIFAQBUTTON_15124","linkText":"Know Your Credit Score for FREE"}}],"hideUserReviews":true,"hideEligForm":true,"metaDescription":"Best Pension Plans in India 2024 - Find the top pension plans and find the details such as the plan's name, age criteria, benefits, policy term 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Aviva Life Insurance","text":"Aviva Life Insurance"},{"link":"/insurance/kotak-life-insurance.html","title":"Check Plans from Kotak Life Insurance","text":"Kotak Life Insurance"},{"link":"/insurance/bajaj-allianz-life-insurance.html","title":"Check Plans from Bajaj Allianz Life Insurance","text":"Bajaj Allianz Life Insurance"},{"link":"/insurance/birla-sun-life-insurance.html","title":"Check Plans from Birla Sun Life Insurance","text":"Birla Sun Life Insurance"},{"link":"/insurance/shriram-life-insurance.html","title":"Check Plans from Shriram Life Insurance","text":"Shriram Life Insurance"},{"link":"/insurance/tata-aia-life-insurance.html","title":"Check Plans from Tata Aia Life Insurance","text":"Tata Aia Life Insurance"}]},{"title":"Popular Term Insurance Reads","items":[{"link":"/term-insurance/top-term-insurance-plans-india.html","title":"Top Term Insurance Plans","text":"Top Term Insurance Plans"},{"link":"/term-insurance/term-insurance-plan-maturity-benefits.html","title":"Term 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Insurance"},{"link":"/insurance/lic-term-plan.html","title":"Check Plans from LIC Term Insurance","text":"LIC Term Insurance"},{"link":"/insurance/shriram-term-plan.html","title":"Check Plans from Shriram Life Term Insurance","text":"Shriram Life Term Insurance"},{"link":"/insurance/tata-aia-term-plan.html","title":"Check Plans from Tata Aia Term Insurance","text":"Tata Aia Term Insurance"}]}]},"updatedOn":"24 Nov 2024","ogImage":{"src":"https://static.bankbazaar.com/images/social-share/life-insurance.jpg"}},"contextData":{"namespace":"life-insurance/pension-plans/top-10-pension-plans","productType":"TLI","deviceType":"DESKTOP"}}},"actionData":null,"errors":null}};</script><script type="module" async="">import "/lp-assets/manifest-f1a2314f.js"; import * as route0 from "/lp-assets/root-DJnZuezO.js"; import * as route1 from "/lp-assets/route-BAfJONhu.js"; window.__remixRouteModules = {"root":route0,"routes/default/route":route1}; 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