Guaranteed Pension Plan
A pension plan that ensures you enjoy financial freedom and live life on your own terms, even after retirement
Invest once and get a regular pension for life, at a fixed interest rate and lead a stress-free retirement.
*T&C Apply
by Consumer Survey of Product Innovation 2021
A Pension Plan ensures that, based on a one-time investment, you get a regular flow of income for life. The pension amount gets fixed at the time of purchase and is not dependent on any market factor. This regular income after retirement ensures that you retire from work and not from life.
A person looking for a lifelong guaranteed pension with a one-time investment can opt for this plan. You can choose to receive pension immediately, as early as next month or after a period of 1-10 years.
You can use this plan to financially secure your dependents in your absence, which can include your spouse, child, parent or sibling.
The minimum pension per annum is Rs 12,000/-, but there’s no maximum limit on this.
Customers who are 30 years of age and above, can buy the plan. The maximum age at entry depends on the plan option that you choose. Please refer to the product brochure for more details.
Depending upon your financial needs, you may choose to buy a plan that pays pension immediately (Immediate Annuity) or after a period of 1-10 years (Deferred Annuity).
Plan options under immediate annuity:
In case of (CI)/(PD) before the age of 80 years, you will get back the purchase price
In case of demise, the nominee will get the purchase price.
Plan options under Deferred annuity:
In case of Critical Illness(CI)/ Permanent disability(PD) due to an accident, during and post the deferment period before the age of 80 years, you will get back the purchase price
In case of demise, the nominee will get the purchase price.
ICICI Bank Limited ("ICICI Bank") with registered office at ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara, 390 007, Gujarat (CIN: L65190GJ1994PLC021012) is a corporate agent (Composite, IRDAI Regn No.: CA0112 valid till 31/03/2022) of ICICI Prudential Life Insurance Company Limited ("ICICI Prulife"). Insurance is underwritten by ICICI Prulife. Purchase by ICICI Bank’s customer of any insurance products is purely voluntary, and is not linked to the availment of any other facility from ICICI Bank.
The products, services and benefits referred to herein are subject to terms and conditions governing them, as specified by ICICI Prulife from time to time. ICICI Bank shall not be liable or responsible for any loss resulting from insurance company's products/ services.
ICICI Prudential Life Insurance Co. Ltd. All rights reserved. Registered with Insurance Regulatory & Development Authority of India (IRDAI) as Life Insurance Company. Regn. No. 105. CIN: L66010MH2000PLC127837. Reg. Off.: ICICI PruLife Towers, 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai 400025. Tel.: 40391600. Customer helpline number - 1860 266 7766. Timings – 10:00 A.M. to 7:00 P.M., Monday to Saturday (except national holidays). Member of the Life Insurance Council. ICICI Pru Guaranteed Pension Plan Form No. I13/I14 UIN 105N181V02, Advt. No.: W/II/3869/2021-22. For more details on the risk factors, term and conditions, please read the product brochure carefully, before concluding the sale. Trade Logo displayed above belongs to ICICI Bank Ltd & Prudential IP services Ltd and used by ICICI Prudential Life Insurance Company Ltd under license.
BEWARE OF SUSPICIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS.
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
IRDAI CAUTIONS PUBLIC AGAINST SPURIOUS CALLS AND FICTITIOUS OFFERS.
Scroll to top