SWAG Pension Plan

Retirement Planning

The SWAG Pension Plan by Axis Max Life Insurance is a deferred annuity plan designed to give you guaranteed income for life after retirement. Choose when to start annuity and how much to invest.

With annuity rates up to 11.89% p.a., this is one of the highest guaranteed returns available in India's insurance market today.

Plan Type

Single Life Deferred Annuity

Death Benefit

Yes, for Life Option

Premium Pay

3 Pay (3 Annual Premiums)

Wait Period

2 or 7 Years After Paying

Get Pension Quote →

Annuity Rates

SWAG Pension — Annuity Rate Table

Compare annuity amounts and rates for different ages, premiums, and deferment periods. All figures are for single life deferred annuity with death benefit.

Age	Annual Premium (₹)	3 Pay – 2 Years Wait (3 Pay 5)		3 Pay – 7 Years Wait (3 Pay 10)
Age	Annual Premium (₹)	Annuity (₹/yr)	Rate	Annuity (₹/yr)	Rate
50	2,00,000	42,142	7.02%	61,666	10.28%
	3,00,000	63,677	7.08%	93,402	10.38%
	5,00,000	1,06,128	7.08%	1,55,670	10.38%
	10,00,000	2,15,832	7.19%	3,17,172	10.57%
	25,00,000	5,41,620	7.22%	7,96,830	10.62%
	50,00,000	10,83,240	7.22%	15,93,660	10.62%
55	2,00,000	43,152	7.19%	64,872	10.81%
	3,00,000	65,196	7.24%	98,212	10.91%
	5,00,000	1,08,660	7.24%	1,63,686	10.91%
	10,00,000	2,20,896	7.36%	3,33,192	11.11%
	25,00,000	5,54,010	7.39%	8,37,030	11.16%
	50,00,000	11,08,020	7.39%	16,74,060	11.16%
60	2,00,000	44,407	7.40%	69,216	11.54%
	3,00,000	67,075	7.45%	1,04,728	11.64%
	5,00,000	1,11,792	7.45%	1,74,546	11.64%
	10,00,000	2,27,160	7.57%	3,54,924	11.83%
	25,00,000	5,69,700	7.60%	8,91,660	11.89%
	50,00,000	11,39,400	7.60%	17,83,320	11.89%

* Single life deferred annuity with death benefit for life option. Rates subject to revision. Contact us for the latest confirmed rates before investing.

How It Works

Understanding 3 Pay Pension

Pay 3 Premiums

Pay your chosen annual premium for 3 consecutive years. Premium can be ₹2L to ₹50L+ per year.

Wait Period

Choose a 2-year wait (3 Pay 5) or 7-year wait (3 Pay 10). Longer wait = higher annuity rate.

Receive Annuity for Life

Receive guaranteed annuity every year for the rest of your life. Death benefit also paid to nominee.

SWAG Pension Plan