ICICI Pru Gold Pension Savings is a tax-efficient pension product that allows customers to contribute regularly, enabling them to build a retirement corpus. This unique product is also India’s first product which offers customers safety of the capital invested, complimentary health check-ups and make partial withdrawals.
Customers can withdraw up to 25% of the contributions made after a period of three years enabling them to meet liquidity needs. Besides, the annual bonus, as and when declared, has the potential to further bolster the corpus and consequently the annuity.
ICICI Pru Gold Pension Savings offers customers up to 60% of their accumulated savings upon maturity, providing a guaranteed life-long pension from the balance amount. Mr. AmitPalta, Chief Distribution Officer, ICICI Prudential Life Insurance, said, “ICICI Pru Gold Pension Savings is a testament to our commitment to empower customers to achieve their retirement aspirations. The product aligns with the Company’s strategy of offering innovative life insurance solutions that cater to the evolving financial landscape and individual needs.”