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Product Information
Other Plans SBI Life – Annuity Plus
Synopsis:
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With this plan you receive a comprehensive range of annuity options on just a single premium payment. Thus, you are assured of regular annuity/pension for the rest of your life.

Features:

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  • Regular income for lifetime
  • Fixed annuity from date of issuance
  • Choice of adding a family member
  • Wide range of annuity options and choice of including SBI Life - Accidental Death Benefit Rider
  • Annuity payout frequency options

Benefits:

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  • Regular income through annuity
  • Option to include a family member
  • Single premium payment
  • Better annuity rates on larger premiums
Eligibility:
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Minimum

Maximum

Age at Entry

0 year for product conversion

40 years for all other cases

80 years

Premium

Such that the minimum annuity installment can be paid

No limit

Annuity Payout

Monthly: Rs.1000

Quarterly: Rs.3000

Half yearly: Rs. 6000

Yearly: Rs.12000

No limit