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Pension

New Jeevan Shanti

Guaranteed pension for life

Immediate or deferred annuityRates locked at purchaseJoint life option

A single premium annuity plan providing guaranteed pension — immediate or after deferment period.

Eligibility

  • Entry: 30 – 79 years

Benefits

  • Lifelong pension
  • Return of purchase price on death

Premium Modes

  • Yearly
  • Half-yearly
  • Quarterly
  • Monthly

Claim Process

  • Standard

Documents Required

  • KYC, bank details

Loan & Tax

Loan: After 3 months (deferred).

Tax: Annuity taxable as income.

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