#1
February 13th, 2012, 02:09 PM
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SBI Pension Plan
What is the SBI Pension Plan for the people in 2012 and give me the scheme of SBI Pension Plan and give me the details of SBI Pension Plan? SBI Life Insurance Company is a joint wander between the State Bank of India and BNP Paribas Cardif. While the previous Indian partner has a stake-holding of 74% of the organization, BNP Paribas Cardif has an aggregate holding of 26% of the organization. SBI Life Pension Plans SBI Life Insurance Company offers three unique sorts of Pension Plans to people to help them get ready for their retirement. The arrangements offer extraordinary advantages to the people for a straightforward resigned life. SBI Pension Plan Plan Type Entry Age Maximum Vesting Age Policy Term Minimum Annual Premium Sum Assured SBI Life - Saral Pension Plan Traditional Participating Pension Plan 18 years – 65 years (for single premium)/60years (for regular premium) 40 years – 70 years 5years(single premium)/10years(regular premium) – 40 years Rs. 7,500/- Rs.1,00,000/- SBI Life – Annuity Plus Traditional Immediate Annuity Plan 40 years – 80 years N/A N/A- Single Pay Depends on the chosen Sum Assured Subject To Underwriting SBI Life – Retire Smart Unit Linked Pension Plan 30 years – 70 years 40 years – 80 years 10, 15 - 35 years Rs.24,000/- (for regular pay), Rs. 40,000/- (for limited pay) Higher of (fund value + terminal bonuses) or 105% of the total premium paid Qualification Details Least Most extreme Entry Age 18 years Customary Pay – 60 years Single Pay - 65 years Vesting Age 40 years 70 years Arrangement Term Customary pay - 10 years Single Pay – 5 years 40 years Total Assured Rs.1 lakh No restriction Yearly Premium sum Rs.7500 No restriction Premium Payment Term Equivalent to the arrangement term or Single Pay Premium Payment Frequency Month to month, quarterly, half-yearly or yearly Last edited by Neelurk; February 29th, 2020 at 08:18 AM. |
#2
March 10th, 2017, 12:21 PM
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Re: SBI Pension Plan
Hi I am interested in having the information about SBI Life Insurance Company as well as the details of the Pension schemes offered by the company?
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