HDFC Pension Plan

Yes, during the policy tenure, it is allowed to change the nominee or the percentage of the nominee. For the same, you have to provide the duly filled and signed Policy Servicing Request Form along with the original policy document at any HDFC Life branch.

Vesting age is the Maturity date on which the policyholder can take 1/3 of the Maturity value as a cash lump sum.

You can pay your retirement plan premiums online via:

• Netbanking
• Credit card/Debit card
• Debit Card with PIN
• SI on the card

In case you don't want to continue the policy, you have got the option of returning the plan, within 15 days from the date of receipt of the policy.

You can surrender before maturity. A policy might charge surrender cost and payout of the give up value could be depending on the particular plan and its features.

You can renew your HDFC Pension plan by following the below-mentioned steps:

• Login into the e-portal with your customer ID and password.
• Select the HDFC Pension plan and click "Pay Renewal Premium Now".
• Choose your payment option and pay your premium.
• Print the payment receipt of your HDFC Pension plan.

You can check your HDFC retirement plan status online. Simply log into the e-portal with your customer ID and password to check the policy status of your HDFC retirement plan.

To cancel the HDFC Pension plan, you need to submit all the relevant policy documents along with a duly filled surrender form at any of the branches of HDFC Life Insurance. The company will transfer your refund amount into your bank account within 72 hours after deducting cancellation charges, stamp duty (if any), and medical exams charges.

It's a non-participating deferred pension plan with a guaranteed death benefit at maturity. The plan is suitable for people who want to save for their retirement and receive guaranteed returns post-retirement.