Top 10 Annuity Rates India in 2020
| Rank | Life Insurance Companies in India | LIFE ANNUITY | LIFE ANNUITY WITH RETURN OF PURCHASE PRICE | JOINT LIFE ANNUITY | JOINT LIFE ANNUITY WITH RETURN OF PURCHASE PRICE | PLAN NAME | PRODUCT LINK |
| 1 | Life Insurance Corporation of India Company | 9,222.00 | 6,818.20 | 7,898.90 | 6,737.40 | LIC Jeevan Akshay VI | https://licindia.in/Home/LIc-s-e-Services-(1)/JeevanAkshay-index |
| 2 | PNB MetLife India Insurance Company | 8,368.60 | 6,060.50 | 7,222.20 | 5,958.80 | PNB Metlife Immediate Annuity Plan | https://illustration.pnbmetlife.com/SIS/Input.aspx?aspxerrorpath=/Illustration/CustomerLogin/Index |
| 3 | Exide Life Insurance Company | 8,228.00 | 6,051.00 | NA | NA | Exide Life New Immediate Annuity | https://www.exidelife.in/products/retirement-pension/exide-life-new-immediate-annuity |
| 4 | Aegon Life Insurance Company | 8,125.99 | 5,259.00 | NA | NA | Aegon Life Insta Pension | https://www.aegonlife.com/insurance-plans/retirement-plans/aegon-life-insta-pension-plan |
| 5 | Future Generali India Life Insurance Company | 8,122.00 | 6,181.00 | NA | NA | Future Generali Immediate Annuity | https://life.futuregenerali.in/tools-and-calculators/annuity-check-calculator |
| 6 | HDFC Life Insurance Company | 8,035.40 | 6,227.90 | NA | 6,227.90 | HDFC Life New Immediate Annuity Plan | https://onlineinsurance.hdfclife.com/buy-online-retirement-and-pension-plans/new-immediate-annuity-plan?source=NW_NIA_PP_CALC&agentcode=00399206&utm_medium=website&utm_source=product-page&utm_campaign=calculate-premium&utm_content=new-immediate-annuity&prod=NIA |
| 7 | Canara HSBC OBC Life Insurance Company | 8,016.00 | 5,953.00 | NA | 5,921.00 | Pension4Life Plan | https://www.canarahsbclife.com/retirement-plans/pension-for-life-plan.html |
| 8 | SBI Life Insurance Company | 7,880.00 | 5,403.00 | 6,498.60 | 5,253.60 | SBI Life – Annuity Plus | https://epolicy.sbilife.co.in/AnnuityPlus/UI/PremiumCalculation.aspx?utm_source=google_organic&utm_medium=refferal&utm_campaign=sbicp |
| 9 | Reliance Nippon Life Insurance Company | 7,840.00 | 5,611.00 | NA | NA | Reliance Nippon Life Immediate Annuity plan | https://www.reliancenipponlife.com/insurance-retirement-plans |
| 10 | Aviva Life Insurance Company | 7,816.00 | 5,823.00 | 6,930.00 | NA | Aviva Annuity Plus | https://www.avivaindia.com/aviva-annuity-plus |
| 11 | Max Life Insurance Company | 7,814.00 | 6,008.00 | 6,694.00 | 5,976.00 | Guaranteed Lifetime Income Plan | https://www.maxlifeinsurance.com/insurance-calculators/glip-calculator |
| 12 | Kotak Mahindra Life Insurance Company | 7,790.00 | 5,750.30 | 6,652.30 | 5,668.30 | Kotak Lifetime Income Plan | https://insurance.kotak.com/kotakWebBI/LandingPage.aspx |
| 13 | Star Union Dai-ichi Life Insurance Company | 7,711.00 | 5,534.00 | 6,938.00 | 5,503.00 | SUD Life Immediate Annuity Plus | https://www.sudlife.in/products/life-insurance/pension-annuity-plans/sud-life-immediate-annuity-plus |
| 14 | Aditya Birla Sun Life Insurance Company | 7,533.56 | 5,753.17 | 6,383.29 | 5,527.99 | ABSLI Immediate Annuity | https://lifeinsurance.adityabirlacapital.com/buy-online/retirement-planning/iap/get-quote?UID=IADT01X01 |
| 15 | ICICI Prudential Life Insurance Company | 7,237.10 | 6,958.70 | 6,754.30 | 6,083.00 | ICICI Pru Immediate Annuity | https://www.iciciprulife.com/retirement-pension-plans/buy-immediate-annuity-online.html?UID=35406 |
| 16 | IDBI Federal Life Insurance Company | 7,139.00 | 5,574.00 | NA | NA | Guaranteed Lifetime Income Plan | https://nbi.idbifederal.com:8443/IDBI/Input.aspx |
| 17 | IndiaFirst Life Insurance Company | 7,109.00 | 4,078.60 | NA | NA | IndiaFirst Immediate Annuity Plan | https://www.indiafirstlife.com/get-quote-offline-products?planName=IndiaFirst%20Immediate%20Annuity%20Plan&productId=14 |
| 18 | Bajaj Allianz Life Insurance Company | 6,794.00 | 5,915.00 | 4,820.00 | 4,734.00 | Bajaj Allianz Life Pension Guarantee | https://www.bajajallianzlife.com/retirement-pension-plans/pension-guarantee.html |
| 19 | Bharti AXA Life Insurance Company | NA | NA | NA | NA | Not available | |
| 20 | Pramerica Life Insurance Company | NA | NA | NA | NA | Not available | |
| 21 | Sahara India Life Insurance | NA | NA | NA | NA | Not available | |
| 22 | Shriram Life Insurance Company | Data Not Available | Data Not Available | Data Not Available | Data Not Available | Shriram Life Immediate Annuity Plus | https://shriramlife.com/individual-plans/retirement-plans/shriram-life-immediate-annuity-plus/ |
| 23 | Tata AIA Life Insurance Company | Data Not Available | Data Not Available | Data Not Available | Data Not Available | Tata AIA Life Insurance Smart Annuity Plan | https://www.tataaia.com/life-insurance-plans/retirement-and-pension-plans/smartAnnuityPlan.html# |
| 24 | Edelweiss Tokio Life Insurance Company | Data Not Available | Data Not Available | Data Not Available | Data Not Available | Edelweiss Tokio Life – Immediate Annuity Plan | https://www.edelweisstokio.in/retirement-plans/immediate-annuity-plan |
| Immediate Annuity Plan review - LIC Jeevan Akshay vii Plan |
Thanks for reading our blog on Top 10 Annuity Rates India in 2020.
All the details given above are derived from the individual websites and calculated using age as 60.
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