SBI Retire Smart
- Protection After Retirement For Better Tomorrow
- The Plan Offers Guaranteed Additions Available
- Get The Tax Benefit On Premium Paid
SBI Life Retire Smart Plan is a unit-linked non-participating pension plan that guarantees 101% of all premiums paid by the policyholder on maturity and also protects your funds from market volatility. Along with the life insurance cover, multiple fund options such as equity Pension Fund, Bond Pension Fund, etc. can gradually add to the growth of an investment.
SBI Life Retire Smart Plan provides single, regular, and limited premium payment options and secures the golden years of a policyholder's life by creating a retirement corpus through systematic investments during his/her earning time.
SBI Retire Smart Plan offers you a range of benefits including:
Minimum Age - 30 years Maximum Age - 70 years
Maximum Maturity Age - 80 years
10, 15, 30 years
5/8/10/15 years
Annual, half-yearly, quarterly & monthly
Rs 1 lakh to No limit
Let's understand how the SBI Retire Smart Plan works with a simple premium illustration.
Mr. Verma is looking for a plan that can help him plan his retirement so that he can fulfill his future financial goals.
His financial advisor advised him to buy the SBI Smart Retire Plan. He visited PolicyX.com
Let's understand how the SBI Smart Retire Plan works for him with a premium illustration table.
| Age of policyholder | Annual Premium | Policy tenure | Premium Payment Tenure | Maturity Benefits |
| 30 years | Rs 1,00,000 | 10 years | 25 years | Rs 34,82,678 |
Key Takeaways: At the end of the policy tenure the maturity benefits of Rs 34,82,678 are paid to the policyholder.
Here are some features of SBI Retire Smart:
SBI Life Retire Smart Plan is a unit-linked non-participating pension plan that guarantees 101% of all premiums paid by the policyholder on maturity a...
Unique Features
SBI Life Retire Smart Pension Plan
Here is the list of documents required to buy the SBI Retire Smart Plan:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
You can buy the SBI Retire Smart official website or one of their nearest branch offices.
Visit the official website of PolicyX.com.
Hover on the ‘Life Insurance’ tab.
Choose the retirement plan you want to buy.
Fill out the form at the top of the page with the necessary details.
Select your income and city. Click on 'Proceed'.
Update your education and occupation details.
Choose your preferred plan and click on 'Buy this plan'.
Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.
Visit the official website of SBI Life Insurance.
Hover over the 'Products' from the top of the menu.
Click on the 'Retirement Plans' and choose the SBI Retire Smart Plan.
Click on ‘Buy Now’ and you will be redirected to a new page.
Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.
Once discussed you can make the premium payment and get the policy documents.
You can buy the SBI Retire Smart Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.
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