ICICI Pru Gold Pension Savings Plan

Product Overview

ICICI Pru Gold Pension Savings (GPS) Plan, A Participating Non-linked Pension Individual Savings Plan

Retire on your terms! Retirement is a significant life milestone, and how you retire can greatly impact the quality of your post-working years. In your golden years you would want a steady stream of income to cover your daily expenses, healthcare cost and any unforeseen emergencies. You would want to live a preferred lifestyle, wish to travel, pursue hobbies, or spend time with family, having the financial means to do so is crucial.

The concept of ‘Retirement on your terms’ embodies the idea that retirement should be a carefully planned and personalized journey towards financial independence and freedom.

ICICI Pru Gold Pension Savings (GPS) is one such financial tool that navigates your journey to a stress-free retirement.

Features of ICICI Pru Gold Pension Savings

Build retirement savings with guaranteed¹ benefits + bonuses²
Tax³ benefits
Flexibility of cash withdrawals⁴
Free health check-ups⁵
Options of Shorter Premium Payment Term

Disclaimer

Guaranteed benefit is the Assured Benefit, which is 105% of Total Premiums Paid.
Bonuses include regular bonus, loyalty accumulations and terminal bonus. Regular bonuses may be declared annually throughout the policy term and will be expressed as a proportion of the Single/Annualized Premium. Loyalty accumulations are accrued on vested regular bonuses. Terminal bonus may be payable on death, surrender or vesting, whichever is earlier.
Payment received in commutation of pension is tax-free u/s 10(10A) of Income Tax Act, 1961. Tax benefits are subject to conditions under Sections 80CCC, 10(10A), 115BAC and other provisions of the Income Tax Act, 1961. Goods and Services tax and Cesses, if any will be charged extra as per prevailing rates. Tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for more details.
This is called “Special Withdrawal Feature” and can be availed on completion of 3 policy years for encashment upto lower of 25% of the total premiums paid or Value of Accumulating cash balance. Withdrawal is subject to conditions as prescribed in the sales brochure.
This can be availed after the completion of 3 policy years and if the age of Life Assured is 50 years or above as on the health check-up request date. This service shall be directly provided by third party service provider(s) and the Company will not be liable for any deficiency in service by the service provider. The Company reserves the right to discontinue the service or change the service provider(s) at any time. Please read the policy document to know more. 6A minimum of 40% of the vesting benefit must be mandatorily used to purchase an annuity plan

© ICICI Prudential Life Insurance Co. Ltd. All rights reserved. Registered with Insurance Regulatory & Development Authority of India (IRDAI) as Life Insurance Company. Regn. No. 105. CIN: L66010MH2000PLC127837. Reg. Off.: ICICI PruLife Towers, 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai 400025. Tel.: 40391600. Customer helpline number - 1800 2660. Timings – 10:00 A.M. to 7:00 P.M., Monday to Saturday (except national holidays). Member of the Life Insurance Council. For more details on the risk factors, term and conditions please read the product brochure carefully before concluding the sale. Trade Logo displayed above belongs to ICICI Bank Ltd & Prudential IP services Ltd and used by ICICI Prudential Life Insurance Company Ltd under license. ICICI Pru Gold Pension Savings. UIN: 105N202V02. Advt: W/II/1335/2025-26

The plan is not a guaranteed issuance plan and it will be subject to Company’s underwriting and acceptance. INDUSIND Bank Limited (CA Registration No:CA0001) is the Corporate Agent of ICICI Prudential Life Insurance Company Limited and does not underwrite the risk or act as an insurer. INDUSIND Bank Limited, 2401, Gen. Thimmayya Rd., (Cantonment), Pune – 411001. Participation by the Bank’s clients in the insurance products is purely on voluntary basis. Call us on: 1860 267 7777

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS
IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.