The HDFC Immediate Annuity is a contract that uses your capital to provide you with a guaranteed gross income through out your lifetime or over a period of your choice. The income is guaranteed and is unaffected by the rise and fall of interest rates. This means you can plan your life the way you want it to be, safe in the knowledge that your gross income will not fall during the period you have selected.
The HDFC Immediate Annuity offers a number of options to meet all your income needs.
Flexibility in how you receive your income
You can choose to receive your income at times to suit your own circumstances.
Monthly
Every 3 months
Every 6 months
Once a year
The annuity can be paid in advance or arrears i.e. either at the start or the end of the payment period you have chosen.
Once you have chosen your annuity you cannot alter it or cash it in.
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