If you want to get a regular income after retirement, then you can invest in an annuity plan. In this, after 60 years of retirement on lump sum investment, you get the facility of return with a pension. Before investing, know how much pension and returns are being received in which plan.
Plan Annual Pension Return
HDFC Life New Immediate 63,700 6.4 Percent
IPru Life Immediate 60,406 6.0 Percent
SBI Life 55,513 5.6 Percent
Tata AIA Life Smart 58,238 5.8 percent
Max Life Guaranteed Life Income Plan 60,080 6.0 Percent
PNB MetLife Immediate Annuity 61,514 6.2 Percent
Kotak Lifetime Income Plan 57,503 5.8 Percent
Canara PensionForLife Plan 59,384 5.9%
IndiaFirst Life Guaranteed 62,721 6.3%