Archive · 31 Jan 2026
Bharti Axa Launches Swabhimaan Retirement Plan
Bharti Axa Life Insurance has introduced a new retirement plan called Swabhimaan.
This plan helps people save for retirement by paying premiums for a certain period and then receiving regular payments (annuities) later.
The plan offers different options for paying premiums and receiving payments, with choices for single or joint life annuities.
For example, a 50-year-old man paying ₹2.5 lakh annually for 10 years could receive about ₹2.02 lakh annually as pension starting at age 60.
The plan provides modest but assured returns, making it suitable for those who prefer stable income in retirement.
However, it's advised to consider other investment options like NPS or government bonds for potentially higher returns.
Bharti Axa Life Insurance launched the Swabhimaan Retirement Plan, a deferred annuity plan with multiple premium and payout options.
The plan offers regular premium payment options for 2, 3, 5, 7, or 10 years, with deferment periods ranging from 2 to 10 years.
There are eight annuity options, including life and joint-life annuities with or without return of premium.
An example scenario shows a 50-year-old male investing ₹2.5 lakh annually for 10 years could receive ₹2,02,475 annually as pension starting at age 60, with a yield of 5.9% annually.
The plan provides assured but modest returns, and investors are advised to consider other avenues like NPS or government bonds for potentially higher returns.
- Who
- Bharti Axa Life Insurance
- What
- Launched the Swabhimaan Retirement Plan, a deferred annuity plan with multiple premium and payout options
- When
- Not specified (article published on January 31, 2026)
- Where
- India
- Why
- To cater to the accumulation and withdrawal phases of retirement planning
- Plan Name
- Swabhimaan Retirement Plan
- Type
- Non-linked, non-participating individual deferred annuity plan
- Minimum Entry Age
- 45 years (35 for select options)
- Premium Payment Options
- Regular (2-10 years), Limited (5 years)
- Deferment Period
- 2-10 years
- Annuity Options
- 8 options, including life and joint-life annuities with/without return of premium
- Example Payout
- ₹2,02,475 annually for a 50-year-old male investing ₹2.5 lakh annually for 10 years
- Yield
- 5.9% annually (XIRR) for the example scenario