What is the difference between Immediate and Deferred Annuity?

Immediate Annuity starts pension payouts right after single premium deposit, while Deferred Annuity accumulates wealth over years before starting lifelong pension.

Is lump-sum withdrawal from pension plan tax-free?

Yes, up to 60% lump-sum commutation at retirement is completely tax-free under Section 10(10A).

Plan a comfortable retirement with the right pension plan

Retirement Income Long-term Wealth Flexible Annuity Options

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Pension plans for steady retirement income and security

Pension Plans For Every Retirement Goal

Deferred Annuity Plan

Build a retirement fund before income begins

Immediate Annuity Plan

Start receiving regular pension after investment

Retirement Savings Plan

Grow long-term savings for post-retirement needs

Joint Life Pension

Continue retirement income protection for your spouse

Why you'll love MyFinanceCafe for Pension Plans?

Retire with peace of mind and guaranteed lifelong income to maintain your lifestyle independently.

Guaranteed Lifelong Income

Lock in regular, uninterrupted monthly pension payouts for you and spouse.

Inflation-Beating Growth

Combine market-linked growth with fixed annuity safety for retirement corpus.

Return of Purchase Price

Full initial corpus returned safely to your nominees upon unfortunate demise.

Tax-Free Corpus Withdrawal

Up to 60% lump-sum withdrawal completely tax-free under Section 10(10A).

Numbers You Can Trust

15+

Insurance Partners

100+ Crore

Retirement Funds Facilitated

10000+

Happy Pensioners

What Our Customers Say

Neha Gupta

HDFC Life

I understood the retirement corpus and annuity options clearly before choosing a suitable pension plan.

Pooja Joshi

ICICI Prudential Life

The team helped me compare pension options and select a comfortable long-term contribution plan.

Frequently Asked Questions

Disclaimer: MyFinanceCafe is a digital financial facilitation marketplace and advisory platform. Loan disbursal, interest rates, and loan terms are determined solely by lending partner Banks and NBFCs at their discretion based on borrower credit profile. Insurance policies are underwritten by IRDAI-registered insurance companies. We do not charge borrowers any upfront cash fees for loan approvals.