Union Bank of India- Product
  • Home
  • |
  • |
  • Skip to main content
  • |
  • Contact Us
  • |
  • MSME
  • |
  • CSR
  • |
  • Rates & Charges
  • |
  • Systemic Improvements
  • |
  • Online Grievance Redressal new
  • |
  • Screen reader
  • |
  • RBI Kehta Hai
Home You are here : path  Products path Personal path SUD Life Guaranteed Pension Plan


SUD Life Guaranteed Pension Plan is a deferred pension product that helps you to plan for your life
post retirement – be it starting a new venture, pursuing a hobby, travelling across the world or just
enjoying time with family and friends.

This plan helps you meet planned as well as unplanned financial needs by providing a lump sum at

Key Features:

1. Vesting benefit at retirement to buy an annuity plan
2. Guaranteed additions on the invested amount
3. Provides hassle free enrollment-no medicals
4. Provides flexibility to choose how long you want to stay invested
5. Offers further guaranteed additions in case of higher premium*
6. Helps in saving tax under section 80C and 10(10A) (iii) of Income Tax Act, 19611
*Depending on premium payment term and policy term