You want to stay financially independent even during retirement. For this, you may need a long-term source of fixed income that is guaranteed and free from market fluctuations. This will help you stay financially prepared to meet your post-retirement needs.

You may consider the ICICI Pru Guaranteed Pension Plan, an annuity plan that allows you to turn your savings into guaranteed“ lifelong income. With this guaranteed“ pension plan for retirement, you can invest once and start getting income from the next month itself.

“T&Cs apply

Below are some key features of the plan:

1. Guaranteed“ lifelong income: The plan provides you with guaranteed“ regular income for life to fulfil your needs. Basis your financial requirements you may choose to receive your income immediately or at a later age

“T&Cs apply

2. Multiple annuity options: The plan provides you with 11 annuity options to choose from. You may buy a plan for yourself or choose to cover your spouse or child as well with the Joint Life option

3. Flexibility: You can choose to receive regular income as per your requirement – every month, quarter, six months, or year for the rest of your life

4. Option to top-up the annuity amount: This plan enables you to increase the savings in your annuity plan according to your changing needs. The top-up option lets you save any surplus amount to your existing plan to earn a higher income from the plan

5. Get back your initial investment: With this plan, you can choose the ‘Return of Purchase Price’ option and get back your initial amount. You will continue to receive the income from the plan for life, even after you get back the initial amount. You can choose from the following 3 options:
· 50% of the amount is returned at the age of 80 and the rest in case of any unfortunate event
· The entire amount is returned at the age of 80
· At the age of 76, the amount is returned in parts along with your regular income and the balance amount, if any, is returned in case of an unforeseen event

6. Get higher annuity via boosters: You can get a 1% higher annuity amount by choosing one of the following 3 boosters:
· Online booster: If you purchase the plan online
· Loyalty booster^: In case you are an existing ICICI Prudential Life customer
· NPS benefit: If you buy the plan with your NPS proceeds

7. Tax* benefits
The premiums paid under the policy are eligible for deductions up to ₹ 1.5 lakh per annum subject to conditions under Section 80C of The Income Tax Act, 1961

To know more about ICICI Pru Guaranteed Pension Plan, visit:

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0:01 Need for financial security during retirement
0:26 ICICI Pru Guaranteed Pension Plan
1:24 Features of ICICI Pru Guaranteed Pension Plan
1:34 Know how the plan works
3:00 Understand the returns from this plan
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ICICI Pru Guaranteed Pension Plan For Retirement | Immediate Benefits on Retirement | ICICI Pru Life

Retirement planning is an essential aspect of financial planning that cannot be overlooked. As individuals approach their retirement age, it becomes crucial to secure a stable and secure source of income to maintain a comfortable lifestyle post-retirement. One effective way to achieve this is by investing in a reliable pension plan that offers guaranteed benefits. One such plan that stands out among its competitors is the ICICI Pru Guaranteed Pension Plan offered by ICICI Pru Life.

The ICICI Pru Guaranteed Pension Plan is a unique retirement solution designed to provide individuals with a regular source of income during their golden years. It offers a host of features and benefits that make it an ideal choice for individuals looking for financial security during retirement.

Immediate benefits on retirement are one of the standout features of the ICICI Pru Guaranteed Pension Plan. Once an individual retires, they can avail of regular pension payments that will help them cover their day-to-day expenses without any financial worries. These payments are guaranteed for life and are not affected by market fluctuations, ensuring a stable income stream.

Flexibility is another key aspect of this pension plan. Individuals can choose to receive their pension as per their preference – either monthly, quarterly, half-yearly, or annually. Moreover, individuals can also opt for a joint life cover, ensuring that their spouse continues to receive the pension in case of their unfortunate demise. This feature offers peace of mind, knowing that the financial well-being of loved ones is also taken care of.

Additionally, the ICICI Pru Guaranteed Pension Plan offers tax benefits, making it an excellent choice for individuals looking to save on taxes and maximize their retirement savings. The premiums paid towards this plan are eligible for tax deductions under Section 80C of the Income Tax Act, 1961. Moreover, the pension income received is also eligible for tax benefits under Section 10(10A) of the Income Tax Act.

Investing in the ICICI Pru Guaranteed Pension Plan is hassle-free and easy. Interested individuals can conveniently purchase the plan online by visiting the ICICI Pru Life website or by contacting their nearest ICICI Pru Life branch. The plan offers a quick and seamless application process, ensuring that individuals can start securing their retirement without any delay.

Furthermore, ICICI Pru Life’s strong track record and reputation in the insurance industry provide added confidence in the reliability and trustworthiness of the plan. With over two decades of experience in delivering robust and customer-centric insurance solutions, ICICI Pru Life has become a household name trusted by millions of individuals across the country.

In conclusion, the ICICI Pru Guaranteed Pension Plan offers immediate benefits on retirement, making it an excellent choice for individuals seeking financial security during their golden years. With features like guaranteed income, flexible payout options, tax benefits, and hassle-free application, this plan ensures a worry-free retirement. Investing in this plan not only provides peace of mind but also a sense of financial independence, allowing individuals to enjoy their retirement to the fullest.