|
Pension Plans in India
|
Age Limit (years)
|
Policy Term
|
Tax Benefit (80C ,10D) of IT Act |
| Pradhan Mantri Vaya Vandana Yojana |
60 upper limit |
10 |
80C |
| Aditya Birla Sun life Empower Pension Plan |
25 to 70
|
5 to 30
|
80C
|
| Bajaj Allianz Pension Plan Guarantee |
37 to 80
|
N/A
|
80C &10(10D)
|
| Bajaj Allianz Retire Rich Pension Plan |
30 to 73
|
7 to 30
|
80C
|
| HDFC Life Click 2 Retire |
18 to 65
|
10,15 to 35
|
80C
|
| HDFC Life Assured Pension Plan |
18 to 45
|
N/A
|
80C
|
| ICICI Pru Easy Retirement |
18 to 70
|
10 to 30
|
80C &10(10D)
|
| LIC Jeevan Akshay 6 Pension Plan |
30 to 85
|
N/A
|
80C
|
| LIC Jeevan Nidhi Pension Plan |
--- |
5 to 35
|
80C .
|
| LIC's New Jeevan Shanti |
30 |
--- |
80C |
| Max Life Forever Young Pension Plan |
30 to 65
|
20
|
80C
|
| Max Life Guaranteed Lifetime Income Pension Plan |
0 to 80 |
N/A
|
80C |
| Reliance Immediate Annuity Pension Plan |
20 to 80
|
N/A
|
80C
|
| Reliance Smart Pension Plan |
18 to 65
|
10 to 30
|
80C & 10(10D)
|
| SBI Life Saral Pension Plan |
18 to 65
|
5 to 40 |
80C
|