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SBI Pension Plan

A brief Description

To balance the life of the people who were get retirement, the SBI pension plans is the best product and works as the remedy to improve the financial status of a retired person and can live independently. The SBI's pension plan/ scheme includes Horizon II Pension plan , Unit plus II Pension and Life time Pension Plan. The Pension Plans of SBI consists of Cap Assure Gratuity, Cap Assure Superannuating Scheme, Cap Assure Leave Encashment Scheme and few more products. SBI Pension Plan Details

SBI Horizon II Pension Plan : In this plan, the invested money from the policyholders is in turn invested in the equity bonds, money pension funds. Depending on the amount of investment, the plans will also get variation. SBI Unit plus II: Under this, the customers can choose the only pension plans or the pension plan with life coverage. Provision has made with flexibility to hike regular benefits, top up payments and modify the plan by inclusion of riders. SBI Lifetime pension : In this scheme, the subscribers can get benefited from the tax deduction for Rs. 1, 00,000 per annum along with 4 per cent minimum guaranteed returns per annum and up to 33 per cent of the personal pension account can be withdrawn without any taxes. SBIpension/ Retirement Plan. Under the scheme of SBI Horizon II Pension plan , individual pension holder's money is being invested in the form of equity, bonds or money pension funds. Investment Plan may vary according to portion of money invested on equity funds.

In case of SBI Unit plus II Pension Plans you have two options either to invest in pure pension or pension cum life cover plan whereas you have the benefit of increase in regular contributions, top up payments and modify the plan by additional provisions. Appropriate investments in SBI Life time Pension Plan helps you to obtain tax benefits up to Rs.1, 00,000 with 4% per annum and minimum guaranteed returns and tax exemptions up to 33% from individuals Pension Account. SBI Life Website The various solutions for the pensionplan schemes and along with the individual plans can be availed by browsing on the pages of SBI Life Website. The details of group employee benefit plans, retirement plans including cap assure gratuity and other products can also be availed from this official website of SBI. The information like eligibility, application forms, rate of interest on the different plans under which the customers will make investments with SBI and so on could be collected with the help of this official website of SBI Life. To know about the other finance products with regard SBI Life Insurance plans , the SBI Life website will assist certainly. The customers can browse on the web page of SBI Life: www.sbilife.co.in

 

The pages that are meant to provide information on the products like SBI mutual funds and other banking products, the customers can visit

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