fixed-income

Enjoy your Retirement with HDFC Life Sanchay Plus. Get assured monthly income for 25/30 years and the entire premium back at maturity (plus 3% extra)

Key reasons to consider these fixed income plans for Retirement or Second Income

Developing economy always poses a risk to interest rate, which is evident from declining interest rates in FD and small savings scheme for last 2-3 decades. Please refer to below figures for trend in interest rates.

FD & SSS trend

With HDFC Life Sanchay Plus, you can lock-in superior tax-free (section 10-10D) rate of return for future, up to 6.82%; thus eliminating any future interest rate risk and a situation where you may have a corpus, but not attractive interest rates in FD and small saving schemes.

Average interest rates in the world’s top 5 economies is 2%. India is 6th largest economy and current interest rate of 6-7% is already under pressure
The Long term income variant covers a larger payout span of 25 or 30 years, with hassle free monthly credit to your bank account like second income or pension
The yield of alternate instrument like Real-estate is low, approx. 2-3% across states in India + maintenance cost + tenancy issues + documentation & legal

Note: This plan is complementary to your equity portfolio, to bring the balance between guaranteed and non-guaranteed returns; while making decision comparison should be done with returns you get in debt funds, FD or other savings plan.

HDFC Life Sanchay Plus Illustrations:

(Note: options are available for shorter Premium Paying Terms - 5, 6, 7, 8, 9 years)

IRR (Internal Rate of Return) : approx. 6.82%

Premium: 7 lakh