Product Information
Retirement Plans SBI Life - Annuity Plus
SBI Life - Annuity Plus, a traditional, non-participating immediate annuity plan, which offers a comprehensive range of annuity options along with inbuilt flexibilities. It provides an opportunity to you to maintain your standard of living.


  • Complete freedom to choose from a wide range of Annuity options
  • Enjoy a regular income (“annuity payout”) from an early age of 40 years
  • You have an option to have Lifetime Annuity payout for you as well as a family member
  • Flexibility to choose frequency of annuity payouts as per your requirements - Monthly, Quarterly, Half-yearly or Yearly
  • Incentives of higher annuity rates for large premiums
  • Flexibility to advance your Annuity payouts
  • Return of premium or balance premium
Age Limits Minimum age at entry : 40 years
Maximum age at entry: 80 years
Annuity Payout (per installment) Minimum : Monthly: Rs.200, Quarterly: Rs.600, Half-yearly: Rs.1,200, Yearly: Rs.2,400
Maximum: No limit
Annuity payout mode Monthly, Quarterly, Half-yearly or Yearly
Premium Amounts Minimum. : Such that the minimum annuity installment can be paid
Maximum.: No Limit