Immediate Annuity

SBI Life Immediate Annuity is a retirement pension plan designed to provide a guaranteed, regular income immediately after a one-time investment. It is ideal for retirees and individuals seeking stable monthly income without waiting periods or market risk.

With Immediate Annuity, you invest a lump sum amount once, and the pension starts right away—monthly, quarterly, half-yearly, or yearly—based on the option you choose.

After retirement, regular income is essential to manage daily expenses, healthcare costs, and lifestyle needs. Immediate Annuity ensures a steady pension flow for life, bringing financial confidence and peace of mind.

• Guaranteed pension starts immediately
• One-time lump sum investment
• Multiple annuity payout options
• No market-linked risk
• Lifetime income assurance

You invest a lump sum amount once. Based on the chosen annuity option, SBI Life starts paying pension immediately. Pension continues for life, and some options also provide benefits to the spouse or nominee.

This regular pension helps manage monthly expenses, medical needs, and lifestyle costs without depending on others.

• Retired individuals seeking regular income
• People receiving retirement corpus or PF maturity
• Risk-averse individuals preferring guaranteed pension
• Those without employer pension benefits

SBI Life Immediate Annuity is a reliable retirement solution that converts your savings into guaranteed lifelong income. It ensures financial stability, independence, and peace of mind throughout your retirement years.