Invest in SBI Pension Plan and get pension of Rs 1 lakh every month, know details

SBI Pension Plan

SBI Pension Plan: Everyone saves some money from their income, which they keep saved. If you also want to save your money and invest it in the right place and want to plan for your retirement in which you get a fixed monthly pension after your retirement, then we will tell you how you can get a pension of 1 lakh every month on reaching the age of 60 and how much money you will have to invest for this.

We are going to tell you about such a plan in which you will be able to make your retirement easy by depositing a fixed amount every month and will be able to get an income of one lakh every month, so let’s know about this plan –

SBI Life Smart Annuity Plus Plan

SBI Life Smart Annuity Plus Plan is a pension plan which is individual, non-linked, non-participating and general annuity plan, in this plan of SBI you get a fixed income after retirement, let’s know its features –

1. In SBI Life Smart Annuity Plus Plan, you have to deposit money only once and after 60 years you get a fixed income.
2. In this, you can choose the option of immediate and deferred annuity option.
3. Apart from this, you can also listen to the option of joint life.
4. In this, you get the guarantee of lifetime income from the age of 30 years.
5. In this, you get the freedom to choose from a wide range of annuity options.
6. In this, you can get the benefit of paying a higher amount for a larger premium.
7. In this, the option of taking advantage of annuity at a compounded rate is given.
8. In this, you can get a guarantee of regular income for life.
9. In this, you can choose the frequency of payment of annuity in which you can choose any option of monthly, quarterly, half-yearly or yearly.
10. In this, you also get tax benefits.
11. Investment can be made in this from the age of 30 years.

How much investment will be required to get a pension of ₹ 1 lakh?

Under SBI Life Smart Annuity Plus Plan, to get a pension of ₹ 100000, if you are 60 years of age, you will have to invest ₹ 1 crore 1,55,92,516 in it. After that, you can get a pension of ₹ 1 lakh every month.

How can you avail this plan?

To invest in SBI Life Smart Annuity Plus Plan, you can purchase this plan by visiting its official website sbilife.co.in, in which you can invest in this plan by filling in all the necessary information and making your payment online, apart from this, if you want to take it offline then you can visit the nearest SBI Life branch, there you will be able to get it easily.