Single Premium Retirement Pension Plan
Invest Once • Secure Lifetime Pension
Hindi: Single Premium Retirement Pension Plan में आप एक बार lump sum invest करते हैं और retirement के बाद guaranteed pension प्राप्त करते हैं।
📌 Plan Overview
✔ Lump sum investment → guaranteed monthly/quarterly pension after retirement
✔ Ideal for investors who want one-time investment with predictable returns
✔ Tax benefits under section 80C (depending on policy)
💰 Benefits of Single Premium Pension Plan
✔ Guaranteed regular pension post-retirement
✔ Life cover during the policy term
✔ Tax efficiency under applicable sections
✔ Peace of mind with a secure retirement income
✔ Flexibility in choosing pension payout frequency (monthly, quarterly, yearly)
📈 How It Works
1️⃣ Make a one-time lump sum investment.
2️⃣ Choose the retirement age and pension payout start.
3️⃣ At retirement, receive regular pension as per selected payout option.
4️⃣ Optionally, include life cover for family protection.
🎯 Who Should Invest?
✔ Individuals looking for a secure, predictable retirement income
✔ Conservative investors preferring low-risk, guaranteed returns
✔ People with a lump sum ready to invest for future security
⚠️ Limitations / Risks
❌ Low returns compared to market-linked investments
❌ Inflation can reduce purchasing power over long term
❌ Limited liquidity after investment