Retirement Plans
HDFC Life Personal Pension Plus
Synopsis:
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HDFC Life Personal Pension Plus is a traditional participating pension plan ideal for individuals who seek to plan for their retirement.
Features:
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- Flexibility to choose your investment horizon from 10 – 40 years
- Assured benefit equal to 101% of all regular premiums paid on death or at vesting
- The plan can be taken only on a single life basis
- The flexibility to choose the premium payment frequency i.e. quarterly/half-yearly/annual
- EMI available for HDFC Bank Credit Card holders.
Benefits:
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- At vesting (on maturity), choose from a range of annuity options from us and get guaranteed income for life
- Option to commute up to 1/3rd of the vesting benefit tax free
- The minimum level of death benefit at all times is 105% of the premiums paid
- Enjoy tax benefits on the premiums paid under Section 80CCC of the Income Tax Act 1961, subject to conditions
Eligibility:
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Min-Max entry age |
18-65 years |
Min-Max age at maturity (vesting) |
55-75 years |
Policy Term |
10-40 years |