#1
November 28th, 2017, 02:39 PM
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State Bank Of Hyderabad Pension Plans
I want to know the Pension Plans offered by the State Bank Of Hyderabad SBH so can you tell me?
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#2
November 28th, 2017, 03:02 PM
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Re: State Bank Of Hyderabad Pension Plans
The State Bank Of Hyderabad SBH is now State bank of India. SBI Life Insurance Company offers three different types of Pension Plans to individuals to help them plan for their retirement. The plans offer great benefits to the individuals for a worry-free retired life. SBI Life Pension Plans- SBI Life - Saral Pension Plan Traditional Participating Pension Plan Entry Age - 18 years – 65 years (for single premium)/60years (for regular premium) Maximum Vesting Age - 40 years – 70 years Policy Term - 5years(single premium)/10years(regular premium) – 40 years Minimum Annual Premium - Rs. 7,500/- Sum Assured - Rs.1,00,000/- SBI Life – Annuity Plus Traditional Immediate Annuity Plan Entry Age - 40 years – 80 years Minimum Annual Premium - Depends on the chosen Sum Assured SBI Life – Retire Smart Unit Linked Pension Plan Entry Age - 30 years – 70 years Maximum Vesting Age - 40 years – 80 years Policy Term - 10, 15 - 35 years Minimum Annual Premium - Rs.24,000/- (for regular pay), Rs. 40,000/- (for limited pay) Sum Assured - Higher of (fund value + terminal bonuses) or 105% of the total premium paid |
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