Live stress-free Post-Retirement life.
A policyholder can get returns for life in annuity plans by investing regularly or as a lump sum to stay financially independent for their entire life.
This plan helps you maintain a regular flow of income even after your retirement by offering a fixed income that substitutes for your pre-retirement salary.
Policyholders can avail of tax benefits in the form of tax deductions of upto ₹1.5 lakhs under section 80C of the Income Tax Act,1961.
You may need medical facilities as you grow old. A retirement plan helps you cover your medical expenses without affecting your savings.
Retirement plans help you continue to live your life even after your retirement and help you manage your daily expenses yourself.
Purchase the best & most suitable retirement plans in just easy steps on Policy.
Provide the requested details and click on get quoted
Compare and select the most suitable and affordable plan
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Here are the top 3 retirement plans you can consider purchasing.
You can calculate retirement corpus with a retirement calculator, just put these details in the calculator; your monthly income, retirement age, number of years you expect to live after retirement and inflation rate.
As per section 80 C of the income tax act, 1961, the premiums paid b the insured under pension plans, are subject to a deduction of upto rs. 10,000 on taxable income.
To start retirement planning in India, these are the easy and simple steps to be followed.