Kotak Life Pension Plan Calculator

Securing the future with a pension plan is necessary. With a range of pension plans available in the market, choosing an adequate plan might be a little confusing for the individual. Kotak pension plan calculator assists in calculating policy instalments, sum assured, and similar other details. An individual can know details of a pension plan before finalising one by using the Kotak Life pension plan calculator.

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  • Peaceful Post-Retirement Life

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  • 4.8++ Rated
  • 9.7 Crore Registered Consumer
  • 51 Partners Insurance Partners
  • 4.9 Crore Policies Sold
Invest ₹6,000/month & Get Tax-Free* Monthly Pension of ₹60,000#
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9.7 Crore
Registered Consumer
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Insurance Partners
4.9 Crore
Policies Sold
Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.
Pension Calculator
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Monthly Expenses in 2025
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Inflation Rate
Today 2025 Your expenses today in 2023, at the age of 34 Yrs
Your expenses in 2043, at the age of 55 Yrs
For a monthly pension of ₹77,300
you need to invest
₹14,300/month
Calculated as per past performance of 15%
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Why Should You Use Kotak Life Pension Plan Calculator?

As multiple options are available in the market, it might confuse an individual on choosing the right option. The Kotak Life Pension Plan Calculator acts as a platform for helping an individual to compare between various available options and choose the best plan for the individual. Kotak Pension Plan Calculator is available online for free. This calculator can be used multiple times for getting the results of various plans.

How To Use Kotak Life Pension Plan Calculator?

Kotak Life Pension Plan Calculator is a hassle-free tool that can be used online. The following steps must be followed for using the Pension Plan Calculator:

  • Go to the official website of Kotak Life Insurance online.
  • Click on the "Insurance Plans" and then click on "Tools and Calculators."
  • Under the product category, choose the required life insurance plan and then click on "Proceed."
  • On the following page, the individual has to provide their details like – Name, Gender, Date of Birth, Income (salary per annum), Premium Payment mode, etc.
  • Once the personal details are filled in, the individual has to click on the "Continue" button.
  • The following page requests the details of the pension plan chosen by the individual like – Sum assured amount and policy tenure.
  • After providing the required details, an individual has to click on "Continue" to get the result like policy premium and repayment.
  • Once the result pops up, the individual can decide on finalizing the plan or choosing a new plan.
  • If the individual decides to choose a new plan, they have to follow all the steps from the beginning to get different results.

You may find this calculator useful: SIP Calculator

Advantages of Using Kotak Life Pension Plan Calculator

Various advantages of this pension plan calculator are:

  • Time Effective – Kotak Life Pension Plan Calculator saves time that would be spent on hefty calculations. Since it is available online, people can easily calculate their premium anywhere and at any time as per their convenience. Thus, this online calculator is time-efficient for its users.
  • Cost-Effective – A pension plan calculator is an online tool that can be used for free.
  • Comparing – By using online calculators, customers can easily compare various available options.
  • Finalizing – After comparing various plans, customers can quickly finalize the pension plan according to their needs.
  • Policy Details – Many customers choose their pension plans without having a detailed knowledge of the plan. Thus, an online calculator can be used for getting detailed information about their pension plans.

Information Required

Basic information about a customer is necessary for buying Kotak Life Pension Plan. The following is the list of information required for using the calculator and further buying the policy:

  • Name of the Individual
  • Gender
  • Date of Birth
  • Salary per Annum
  • Premium Payment Mode
  • Policy Tenure period
  • Estimated Sum Assured amount

NOTE: While choosing the sum assured amount, customers should keep in mind their plans and dreams before confirming an estimated sum assured amount.

Benefits of Buying Kotak Life Pension Plan

Kotak Life Pension Plan covers various scenarios, and there are many benefits that a customer can enjoy by taking this plan. Some of their benefits are listed below:

  1. Sense of Security 

    By having a pension plan, customers can secure their and their family’s future. The individual doesn't need to stress about their retirement period or any future misfortunes. This plan provides a sense of security to the customer.

  2. Steady Income Replacement 

    During retirement, the sum assured amount provided upon the policy maturity will act as a steady income replacement. Policy buyers can continue with their life without any change in their lifestyle.

  3. Time for hobbies 

    With Kotak Life pension plan as a backup plan, the customer can finally spend time on their hobbies or dreams like – going abroad, building a house, or even starting a new business.

  4. Tax Benefits 

    Tax benefits are provided as per the Income Tax Laws of India.

    *Tax benefits are subject to change as per tax laws. Standard T&C Apply.

  5. Flexible-Premium payment 

    Another benefit is the flexible premium payment provided by the Kotak Pension plan. The customer can choose the premium as – monthly, yearly, half-yearly, or quarterly payments depending upon their convenience.

  6. Sum Assured Benefits 

    Sum assured benefits are provided by Kotak Life Pension plans are minimum guaranteed benefits. This is paid at the time of death wherein 105% of the sum assured will be paid to the nominee of the policyholder.

    *All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply.

  7. Death Benefits 

    Death Benefits are provided upon the unfortunate death of the policyholder. The nominee of the policyholder can receive death benefits.

People also read: NPS Calculator

In Conclusion

Kotak Life Pension Plan Premium rates differ depending upon the policy tenure, sum assured amount, age of the policyholder, and critical illness like diabetes. However, the pension plan's premium rates will be provided when an individual uses Kotak Life Pension Plan Calculator online. Customers can know their premium beforehand and purchase the policy accordingly.

FAQ's

˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

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Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
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Kotak Life Pension Plans Reviews & Ratings

4.6 / 5 (Based on 350 Reviews)
(Showing Newest 10 reviews)
Sunidhi
Kochi, January 20, 2025
Bajaj Allianz pension plan
I got an amazing deal on a Bajaj Allianz pension plan with lifetime income through Policybazaar.
Haritika
Bhopal, January 19, 2025
Easy to find plans
Policybazaar makes it easy to find pension plans with guaranteed income like HDFC.
Jhanvi
Chandigarh, January 18, 2025
ICICI annuity plan
Thanks to Policybazaar I got a great ICICI annuity plan with regular payments.
Shrishti
Surat, January 17, 2025
Understand features of plan
Policybazaar helped me understand the different features of pension plans including Bajaj Allianz.
Prashant
Bahadrabad, January 16, 2025
Great Policy
I have pnb metlife life insurance pension policy plan which has low premiums and payed quarterly per year. Policy coverage is 89% and claims are high and the payback amount is around Rs.41 K per month. Service is very good and fast. The policy is nice investment for future and it is good tax saver too. Nice plan, I like it.
Manish
Mangalore, January 16, 2025
Fair Policy
I got a very good policy plan from pnb metlife life insurance. The policy is great for future investment nice pension policy plan. The coverage is good ~87%, service is great, even the claims are the best. Good behaviour from executives and staff members. Great policy, very happy with it.
Lalit
Mahabaleswar, January 16, 2025
Fine
My friend suggested me to invest money for future so i buy pnb metlife life insurance and have pension policy plan. The policy coverage is high ~89% and the claim is around Rs.39 K per month after policy get mature. Great services with fast interface.
Rahul
Manipal, January 16, 2025
Very Nice
My pension policy plan is with pnb metlife life insurance. The policy has good coverage approx. 97% with low premium. Claims are also high and the returns is Rs.39 K per month after policy end. Service is fantastic and the executives do best work. Good investment for future and taxes are also reduced.
Jitender
Ratlam, January 16, 2025
Normal Policy
I invest my money for my future security with pnb metlife life insurance. I have pension policy plan. Policy coverage is 91% and claims are around 39 K. Service is good and executives behave well. Nice policy plan.
Bhavya
Sonipat, January 16, 2025
Perfect Plan
I buy pension policy for my parents. My parents are happy with the policy due to low premiums. The returns are high ~Rs.45 K per month for each. The policy coverage is high ~92% and service is rapid and on time. The online facilities are simple and easily accessible. Good job guys.
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