Short Info: [Apply Online] IRDAI Saral Pension Yojana 2021 – SBI Life, LIC – Saral Pension Plan Online Registration, Application Form PDF Download, Eligibility, Beneficiary List, Payment/ Amount Status, Features, Benefits, Premium Calculator, Interest Rate & Details and Check Online Application Status at Official Website irdai.gov.in. सरल पेंशन योजना ऑनलाइन आवेदन, रजिस्ट्रेशन फॉर्म, प्रीमियम कैलकुलेटर, उद्देश्य, पात्रता, लाभ.
|Short Scheme Details:|
|Name of Scheme||Saral Pension Yojana|
|Scheme Benefit||new annuity insurance plan|
|Scheme Published On||04/03/2021|
|Scheme Updated on||04/04/2021|
Table of Content
Table of Contents
- 1 सरल पेंशन योजना 2021: Saral Pension Yojana List, Status News Update
- 2 Saral Pension Yojana 2021 Apply Online @irdai.gov.in
- 3 IRDAI Saral Pension Yojana Online Registration Process
- 4 Required Document for Saral Pension Yojana
- 5 Saral Pension Yojana Eligibility Criteria
- 6 Saral Pension Yojana 2021: IRDAI Saral Plan Online Application Form
- 7 Saral Pension Yojana Premium Calculator
- 8 Saral Pension Yojana Annuity
सरल पेंशन योजना 2021: Saral Pension Yojana List, Status News Update
|Latest News Update:|
Saral Pension Yojana 2021 Apply Online @irdai.gov.in
Summary: All life insurance companies will mandatorily offer a standard individual immediate annuity product from April, asked by the Insurance Regulatory and Development Authority of India (IRDAI). Under Saral Pension policy, minimum annuity of Rs 1,000 per month, Rs 3,000 per quarter, Rs 6,000 per half year, and Rs 1,2000 per annum will be provided. The minimum entry age to buy this plan will be 40 years and the maximum will be 80 years. This will be a single premium, non-linked non-participating immediate annuity plan.
All Applicants who are willing to apply online application then download the official notification and read all eligibility criteria and application process carefully. We will provide short information about “Saral Pension Yojana 2021” like Scheme Benefit, Eligibility Criteria, Key Features of Scheme, Application Status, Application process and more.
|Saral Pension Yojana 2021 – Overview|
|Name of Scheme||Saral Pension Yojana|
|in Language||सरल पेंशन योजना|
|Launched by||Insurance Regulatory and Development Authority of India|
|Beneficiaries||Citizens of India|
|Major Benefit||new annuity insurance plan|
|Scheme Objective||To make the pension scheme accessible to all citizens with simple terms and conditions.|
|Start date||1 April 2021|
|Loan and surrender facility||is available|
|Purchase price||According to annuity|
|Scheme under||Central Government|
|Name of State||All India|
|Post Category||Scheme/ Yojana/ Yojna|
|Starting Date to Apply Online||01 April 2021|
|Last Date to Apply Online||—|
|Apply Online||Registration | Login|
|Saral Pension Yojana 2021||Official Website|
IRDAI Saral Pension Yojana Online Registration Process
Insurance regulator IRDA has asked life insurance companies to introduce the Saral Pension Scheme from April 1, 2021. Under the Saral Pension Plan, insurance companies will have the option of giving only two annuities (annuities). According to the guidelines issued by IRDA, it will not get maturity benefits under Saral Pension Plan. However, it will have an option to refund 100% of the purchase price.
For the application under Saral Pension Scheme, the age of the applicant should be 18 years. You can apply yourself by going to the official website of the scheme. Applicant should have Aadhaar card, PAN card, bank passbook, residence certificate and passport size photo.
All Eligible Applicants who want to apply to this scheme then read all instructions carefully and follow the given below steps to apply online application form:
Procedure to Apply Online Saral Pension Yojana Application Form 2021
Step 1- Visit the Official Website of Saral Pension Yojana through insurance company or bank i.e. irdai.gov.in.
Step 2- On the Homepage, you have to click on the option of Saral Pension Scheme.
Step 3- After this, you have to click on the link of Apply Now.
Step 4- The application Form page will be displayed on the screen.
Step 5- Now enter the required details (Mention all the details such as name, age, mobile number and other information) and upload documents.
Step 6- Now you have to click on submit option.
Thus you will be able to apply online under Saral Pension Yojana.
Procedure for applying offline under Saral Pension Scheme
Step 1- First of all, you have to go to the nearest insurance company or bank office.
Step 2- Now you have to get the application form of Saral Pension Scheme from there.
Step 3- After receiving the application form, you have to carefully enter all the important information asked in the application form.
Step 4- After this you will have to attach all the important documents from the application form.
Step 5- Now you have to submit this application to the insurance company office.
Step 6- In this way, you will be able to apply offline under Saral Pension Scheme.
Required Document for Saral Pension Yojana
|Important Document to Apply Online|
Saral Pension Yojana Eligibility Criteria
Saral Pension Yojana 2021: IRDAI Saral Plan Online Application Form
|Saral Pension Yojana 2021: IRDAI Saral Pension Plan Online Application Form PDF Download –
What is IRDA’s Saral Pension Plan?
The Insurance Regulatory and Development Authority of India (IRDAI) has asked all the insurance companies to start Saral Pension Plan from April 1, 2021. This is a Standard Individual Immediate Annuity Product. As per Saral Pension Plan, there are only two annuity options – single-life annuity, joint-life annuity will be available to the insurer.
Saral Pension policy offers only two annuity options:
a) Life annuity with 100% Return of Purchase Price
An annuity is compensated for an annuitant’s life. In addition, the nominee or legitimate heirs will be returned 100 % of the purchase price following the annuitant’s death.
b) Joint Life Last Survivor Annuity
An annuity is first paid for life to the annuitant. After the death of the annuitant, if the partner survives, the spouse continues to earn the same amount of annuity for life until his/her death. Subsequently, upon the death of the partner, the purchase price is payable to the nominee or legal heirs.
Saral Pension Yojana Premium Calculator
|Mode of Annuity Payment||Monthly, quarterly, half-yearly and annual. Payments are rendered in arrears only, which ensures that the first annuity payout will begin after the modal term.|
|Benefits payable on Survival||An annuity is payable during the survival of the annuitant.|
|Loan||It is possible to avail loan at any point after six months from the start of the policy.|
|Minimum Annuity||The minimum annuity to be Rs 1000 monthly, Rs 3000 quarterly, Rs 6000 per half-yearly and Rs 12000 per annum.|
|Return Policy||If you disagree with any of the terms and conditions, you can return the policy within 15 days of the date of receipt of the policy or 30 days if the policy has been received through distance marketing.|
|Tax Benefits||A policyholder is entitled to tax benefits under the Income Tax Act, 1961, Section 80CCC and Section 10(10A)(iii).|
Saral Pension Yojana Eligibility Details
|Entry Age||40 years from last birthday||80 years from last birthday|
|Purchase Price||Depends on the annuity amount|
|Policy Term||This is a whole life policy|
|Annuity Amount||Yearly- Rs.12,000 Half-yearly- Rs. 6, 000 Quarterly-Rs. 3,000 Monthly- Rs. 1,000||No limit|
Saral Pension Yojana Loan Facility and Surrender
The guidelines that the policy can be surrendered at any time after six months from the date of commencement of the policy. According to the guidelines, the minimum annuity amount will be one thousand rupees per month, three thousand rupees per quarter, six thousand rupees per half year or 12 thousand rupees annually.
According to the more convenient and beneficial IRDA, the Saral Pension Yojana will come with a life annuity with a 100 percent refund of the purchase price. This means that the annuity will be paid to the customer for a lifetime and after his or her death, the spouse will continue to receive the annuity until his or her death. After this, on the death of the spouse, the legal heir will get 100% of the purchase price back.
Saral Pension Yojana Annuity
The minimum annuity amount in Saral Pension Yojana will be 1000 rupees per month. At the same time, it will be Rs 3000 for the quarter, Rs 6000 for the six months and Rs 12000 for the year. The policy can be surrendered at any time after 6 months from the date of commencement of policy. After the implementation of this scheme, it will become easier for the customers to choose the simple pension scheme.
That is, the payment of annuity will be done to the person taking Saral Pension Yojana. Moreover, after the death of the insurance holder, his/her spouse will continue to get annuity. After the death of his/her spouce, his legal heir will get 100% of the purchase price back. That is, the amount of money the customer will invest, he will get it.
What is an annuity?
The companies that promise to give an annual amount in lieu of your deposit in a pension plan are called annuity (annuity). There is an option to choose the period on a monthly, quarterly, half-yearly or yearly basis. It is available under the pension plan for regular income after retirement.
Saral Pension Yojana Minimum Annuity Amount
Pricing of the Product
Annuity rates will be obtained in respect of the following bands:
|Band||Band Purchase Price range|
|Band 1||Less than Rs 200,000|
|Band 2||Rs 200,000 to less than 5,00,000|
|Band 3||Rs 5,00,000 to less than 10,00,000|
|Band 4||Rs 10,00,000o less than 2,500,000|
|Band 5||Rs 2,500,000 and above|
IRDAI’s Saral Pension Plan could be beneficial for the people who are new to investing and want to secure their future.
|Standard Terms and Conditions||Click Here|
|Annexure 4 to Standard T & C||Click Here|
Objectives of Saral Pension Yojana 2021
|The Insurance Regulatory and Development Authority of India (IRDAI) has asked all life insurance companies to offer Saral Pension a standard immediate annuity product, with an objective to make it easier for customers to make an informed choice.|
Key Features of Scheme
|HELPLINE NUMBER & CONTACT ADDRESS|
|Head Office :
For Policy Holder Grievances please refer the following link: