SBI Life Saral Pension
Single Premium Immediate Annuity
Min Investment₹1,00,000 one-time (single premium)
Service ProviderSBI Life Insurance
Entry Age40–80 years
Description
A single-premium, non-linked immediate annuity plan that starts paying you a guaranteed regular income right after you pay the premium, with no medical test required.
- Guaranteed lifelong regular income
- Choice of annuity options, including joint life
- Return of purchase price to nominee on death
- No medical test required
- Indian resident aged 40 to 80 years
- Single premium, immediate annuity only
- Minimum guaranteed payout of ₹1,000 per month
Terms & Conditions
Annuity rate is locked in at the time of purchase and is payable for life. Terms are as per SBI Life's Saral Pension policy document.