HDFC Life Personal Pension Plus

Ensure your tomorrow is as beautiful as today


  • Lifelong guaranteed income as annuity after retirement
  • Option to leave legacy for loved ones
  • Assured benefit on Maturity
  • Create funds to take care of old age and it's medical costs


  • Assured benefit on death is 101% of all premiums (excluding taxes) paid till date
  • Choose from range of investment horizon of 10 years to 40 years.
  • Start as early as 18 years with maximum policy term of 40 years.
  • Premiums paid are eligible for tax benefit u/s 80 CCC of the Income Tax Act, 1961. You can take upto 1/3rd of the vesting benefit as tax free corpus as per current tax laws.

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Contact Number
6160 6161

Features and Benefits of HDFC Life Personal Pension Plus

  • This participating traditional plan is ideal for those who seek benefit of bonuses.
  • Pay as much you need to. There is no limit on max premium you can invest.
  • Choose from range of investment horizon of 10 years to 40 years.
  • Assured benefit on death is 101% of all premiums (excluding taxes) paid till date. In addition accrued bonuses will also be paid. The minimum level of death benefit at all times will be 105% of the premiums paid.
  • Tax benefit u/s 80 CCC of the IT Act

A significant part of the policy benefits will not available as a lump sum but would need to be mandatorily taken as annuity.


Min-Max entry age 18-65 years
Min-Max age at maturity (vesting) 55-75 years
Policy Term 10-40 years

Commission for Life Insurance

As per RBI circular: RBI/2009-10/225 dated November 16, 2009, following are the details of the comparative commission earned by HDFC Bank from Insurance (Life), whose products are being distributed:

Commission, Brokerage and trail from Life Insurance

CategoryFirst Year Commission2nd year Renewal commission
Health 2% 25% 0% 7.50%
Pension 2% 7.50% 0% 2%
Protection 2% 35% 0% 0%
Savings & Investment 0% 35% 0% 3%
Group Product* 2% 2% 0% 0%

Note: The commission varies depending upon the Product in each category, tenure, amount of premium and premium paying term

*For Group Products commission payable is 2% of the premium with a ceiling on the maximum payout as defined by Insurance Regulatory and Development Authority of India (IRDAI) from time to time.

Important Disclaimer

HDFC Standard Life Insurance Company Limited, Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011 : - The policy holder may avail of benefits are as provided under the tax laws. The premium would be subject to Service tax & education cess as per applicable tax rates. Tax laws are subject to change basis the amendments made from time to time.

HDFC Standard Life Insurance Company Limited. In Partnership with Standard Life
Insurance is the subject matter of the solicitation. For more details on risk factors, terms and conditions and exclusions please read the product brochure before conclusion of sale. HDFC Life Personal Pension Plus Plan (form no. P501 UIN 101N091V01) is a traditional insurance product offered by HDFC Life. This is a participating plan. The name of the company, name of the brand and the name of the product does not indicate the quality of the plan. HDFC Standard Life Insurance Co.Ltd. Reg.No.101

HDFC Bank Limited ( " HDFC Bank") is a corporate insurance agent of HDFC Standard Life Insurance Company Limited( " HDFC Life") under Corporate Agent's license no.933982 issued by Insurance Regulatory & Development Authority of India and does not underwrite the risk or acts as an insurer. The insurance is underwritten by HDFC Life. This policy is issued to you by HDFC Life and is subject to the terms and conditions governing such policy. The contract of insurance is between HDFC Life and the insured only , and not between HDFC Bank and the insured .HDFC Bank is acting merely as the corporate agent of HDFC Life and there is no direct or indirect linkage between the provisions of the banking services offered by HDFC Bank. Your participation in this product is purely on a voluntary basis. HDFC Bank is not responsible or liable for performance of any obligations under the contract of insurance

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