Pension Plans Service

NPS INVESTMENT---   The National Pension System (NPS) is a retirement savings plan that allows individuals to contribute to their pension account while they are working. The goal is to build a pension fund that can provide a regular income after retirement.    Here are some things to know about NPS:    Eligibility NPS is available to all Indian citizens between the ages of 18 and 70, including those living abroad. It is mandatory for Central Government employees who started working on or after January 1, 2004, with some exceptions. Many State Governments have also adopted NPS for their employees.    Contributions Individuals can contribute to their NPS account, and their employer can also contribute on their behalf.    Account opening When an individual opens an NPS account, they receive a unique Permanent Retirement Account Number (PRAN).    Withdrawals Individuals can make partial withdrawals from their NPS account up to three times during the account's lifetime. They can withdraw up to 25% of their contributions at any time, excluding employer contributions.    Phased withdrawals Subscribers can choose to withdraw their lump sum amount in phases over a period from age 60 to 75.    Tax efficiency NPS is a tax-efficient way to save for retirement.    Risk tolerance NPS may be a good option for people who are willing to take moderate risks and seek higher returns.

Prepare for a secure future with our Pension Plans Services. We offer a range of tailored pension solutions designed to meet your retirement needs. Our dedicated team provides expert advice and personalized guidance to help you build a solid financial foundation for your retirement years. Whether you're just starting to plan or nearing retirement age, we're here to support you every step of the way. Invest in your peace of mind with our reliable pension plans and enjoy a worry-free retirement.

An Annuity plan offering immediate and deferred annuity options which provides you with guaranteed¹ income in your golden years toindulge in life's necessities without any compromises. A plan which takes away your concern of  generating regular income and how you would spend your retirement years. Option to customise your plan to suit your financial needs Select your desired annuity option from a range of annuity options (immediate or deferred) available in the plan. Immediate Annuity - Under this Annuity Benefit type, the Annuitant receives regular income in arrears as an annuity Deferred Annuity - Under this Annuity Benefit type, the Annuitant receives regular income in arrears as annuity after the end of deferment period. The deferment period can be chosen between 1 to 10 years at inception Opt for Return of Purchase Price or Balance Purchase price Under Return of Purchase Price receive annuity at a constant rate throughout the life of the Annuitant. On death of the Annuitant, Purchase Price along with the Accrued Paid-up Additions, if any, will be paid in lump sum to the nominee and policy will terminate without any further benefit.   Under Return of Balance Purchase Price receive the annuity at a constant rate throughout the life of the Annuitant. On the death of the Annuitant, the Balance Purchase Price (i.e. Purchase Price less total annuity amount paid till the date of death) along with the Accrued Paid-up Additions, if any, will be paid in lump sum to the nominee and policy will terminate without any further benefit.   This option is available on Single Life basis.   Opt for Return of Purchase Price on Critical Illness or Accidental Total and Permanent Disability or Death Under this option, Annuitant receives annuity at a constant rate till the date of diagnosis of any of the covered CIs before attaining age 80 years (Age Last Birthday) or occurrence of ATPD before attaining age 70years (Age Last Birthday) or death, whichever is earlier. On diagnosis of any of the covered CIs or occurrence of ATPD or death, whichever is earlier, annuity ceases immediately and Purchase Price along with the Accrued Paid-up Additions, if any, will be paid in lump sum to the Annuitant/nominee and policy will terminate without any further benefit.   This option is available on Single Life basis.   Option to cover a second life under the same annuity plan Under this option, annuity is payable on a joint life basis. The Primary Annuitant will be the primary person entitled to receive the payouts, while the Secondary Annuitant will be entitled to receive the annuities, in the event of death of the Primary Annuitant. In a Joint Life annuity, the Secondary Annuitant can be the spouse/major child/parent/major grandchild/grandparents or sibling of the Primary Annuitant.   Option to convert annuity amount into the Paid-up Additions Under this Additional Benefit, the Annuitant will have option to convert an annuity amount into the Paid-up Additions. The Annuitant can choose the benefit at the inception of policy or at any subsequent policy anniversary.  At any point of time during the policy term, the Annuitant also have an option to opt out from Paid-up Additions Benefit. Once opted out, the Annuitant will start receiving annuity as per the original schedule. Higher annuity instalment for higher purchase price You enjoy higher annuity rates for higher purchase price. As a result you get higher annuity payouts.