Give ₹7,29,600¹ and get ₹55,837 annual annuity
Retirement And Pension Policy
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Starting your retirement planning early can be one of the best decisions you'll ever make. Here's why
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Retirement Plan FAQs
Parameter | Value |
Monthly Pension Desired | INR 50,000 |
Annual Interest/Annuity Return Rate | 6% |
Required Retirement Corpus | INR 1 crore |
Monthly Interest Income | INR 50,000 (6% of 1 crore divided by 12 months) |
Strategy | Early planning, choosing the right retirement plan, and consistent contributions |
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Disclaimer
For more details on risk factors, terms and conditions, please read sales brochure before concluding the sale.
* Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more detail.
# Provided all due premiums are paid.
~ ABSLI Guaranteed Annuity Plus, Male age 60 years, Annuity Option -Life Annuity, Annuity Payout Frequency-Annual, Option chosen of Premium, Purchase Price Rs.10,00,000, Level Annuity, PPT: Single Pay, Single Life. Receive Annuity Rs.89,496 per annum/
¹ ABSLI Guaranteed Annuity Plus, age 45 years, healthy male, Annuity Option:1-Life Annuity, Annual Payout Frequency: Annual, Policy Term: Whole Life, Single purchase price of Rs.7,29,600, you get annual annuity of Rs.55,837/-
² ABSLI Guaranteed Annuity Plus, Male age 60 years, Annuity Option -Life Annuity, Annuity Payout Frequency-Annual, Option chosen of Premium, Purchase Price Rs.10,00,000, Level Annuity, PPT: Single Pay, Single Life. Receive Annuity Rs.89,496 per annum/-
³ ABSLI Empower Pension Plan, age 40 year healthy male, Policy term is 10 years, Accumulation period is 10 years, basic premium is Rs.100000/-, Plan Option: Assured, Payment frequency: Annual, Return@8% fund value is Rs.13.57 lakhs and @4% is Rs.10,84,803/-
⁴ ABSLI Saral Pension Plan, Healthy male 40 years, Single Pay: Premium Paying Term, Annual Payout Frequency: Annual, Policy Term: Whole Life, Single Purchase Price Rs.2,50,000/-, You get annual annuity of Rs.13,809/-.
⁵ ABSLI Empower Pension SP Plan, age 40 years, Policy term 10 years, accumulation period 10 years, Single premium Rs.1,00,000/-, Fund Value: Rs.1,78,366/-@8% returns and Rs.1,20,988/- @4% returns
⁶ ABSLI Nishchit Pension Plan, Policy holder, aged 35 years, works in ABC Ltd invests Rs. 500,000 (excluding GST) in ABSLI Nishchit Pension Plan (Rs. 1,00,000 annually for 5 years). He chooses Vesting Age - 60 years, Policy Term - 25 years, Premium Paying Term - 5 years, Premium Payment Mode: Annual
An extra premium may be charged as per our then existing underwriting guidelines for substandard lives, smokers or people having hazardous occupations etc.
ABSLI Empower Pension Plan is an individual unit linked pension plan (UIN: 109L078V03).
ABSLI Empower Pension Plan SP is a non-participating unit linked life insurance pension plan (UIN: 109L094V02).
ABSLI Saral Pension Plan is a Non-Linked Non-Participating Single Premium Individual Immediate Annuity Plan (UIN: 109N130V01).
ABSLI Guaranteed Annuity Plus Plan is a Non-Linked, Non-Participating, General Annuity Plan (UIN: 109N132V09).
ABSLI Nishchit Pension Plan is a Non-Linked, Non-Participating Individual Pension Plan (UIN : 109N151V02)
ADV/3/23-24/3789