• Get Life Cover worth Rs.1 Crore at Rs.17 per day2 – Bajaj Allianz Life Smart Protection Goal

  • Apne life goals ki guaranteed1 hona Ye Bhi Sahi Hai

  • Fulfill your Life Goals with Bajaj Allianz Life Goal Assure

  • Here's a Comprehensive Tool To Plan Your Child's Future

  • There is lot to remember in Life, Set renewal premium payments to Auto Pay

  • Get your Life Goals Done with Bajaj Allianz Life Smart Assist – BINA MILEY MIL-KAR

  • Paying your Renewal Premium is Quick and Easy!

  • Know the right amount of Insurance you need in just a few steps!

  • Avail Term Insurance Tax Benefits under Section 80D

  • Know how to invest money during the covid-19 pandemic!


Thanks for showing your interest. A representative from
Bajaj Allianz Life will contact you shortly.

Dear Customer, we request you to connect with us in our next business working hours, (Monday to Saturday 24*6) Thank you, Have a great day ahead


I hereby authorize Bajaj Allianz Life Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any call made, SMS or WhatsApp sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business


Please refer to BALIC Privacy Policy

In this policy, the investment risk in investment portfolio is borne by the policy holder.

Strong Long Term Fund Performance Track Record**

One Of The Most Trusted Brands#

Retirement age preparation

Tax Benefits~ On Online ULIP Plans

Please enter a Name
Please enter a Mobile No.
Please check the box to proceed
WS_LIGuideHome_Banner_EN 307 38983691 WS_LIGuideHome_Banner_HI 307 38983695
WS_LIGuideHome_Banner_Mob_EN 307 38983693 WS_LIGuideHome_Banner_Mob_HI 307 38983677
Please Select Language

**, #, T&C Apply | BJAZ-WB-EC-02755/21

Retirement Age - Know How To Prepare For It

By : Bajaj Allianz Life

Planning for retirement is the most crucial step for every individual. An early retirement ensures that all the life goals of your loved ones are successfully met. However, relaxed retirement period is possible with the help of the right retirement plans. Opting for retirement plans allows the smooth flow of income for the betterment of you and your family.

Retirement planning before reaching the retirement age marks the beginning of a stress-free life. Additionally, few investors prefer the accomplishment of their life goals after they have taken retirement. Hence, it is advisable to follow the steps given below before reaching the retirement age: Take a look:

Steps to follow when you’re entering the retirement age:

1. Consider your age

Ideally, the retirement age in India is between 55-60 years. However, the concept of early retirement is globally followed. If you decide to opt for early retirement, consider your age and the needs of your family, simultaneously.

2. Assess the ROI

Planning for early retirement helps you to save more for a peaceful life in the future. When you’re young, the risk appetite is typically more. Strong risk appetite will ensure more funds to realize your life goals. Additionally, a massive retirement corpus will manage your daily expenses and medical emergencies.

3. Evaluate your expenses

As you grow older, your health expenses increase significantly. Moreover, the hike in cost of hospital treatments are also to be blamed for excessive costs. Therefore, invest in a disciplined manner to live a relaxed retired life.

An ideal retirement plan offers investors with financial as well as personal advantages. Take a look at these benefits mentioned below provided by some of the retirement plans:

Benefits of early retirement:

1. Tax benefits

When you invest in retirement plans, it allows tax benefits on the funds invested as well as the returns on investment. Under Section 80C, the premiums qualify for tax deductions. As you reach the vesting age, the retirement amount received by the customers is also tax-free.

2. Power of compounding

Early retirement planning ensures that the customers utilize the benefits of the power of compounding to the fullest. The power of compounding helps the investors to enhance their returns on earnings. One of the ways to calculate the power of compounding is by making use of a retirement fund calculator.

3. Stress-free life

Retirement plans allows the buyer to live a long and prosperous retired life. A good retirement plan financially supports his entire family with an adequate amount of resources. Utilize a retirement fund calculator and find out the amount of corpus you and your family will need to live a comfortable life post your retirement.

4. The accomplishment of life goals

Retirement is no longer only about living a comfortable life by sitting at home. Most people pursue their interests after retirement by indulging in different sports or travelling abroad. An investment in a retirement plan early would help you get your life goals done.

To sum up, planned investments can help you live worry free after retirement. Purchase a retirement plan that provides you with a host of options to fulfil all your requirements.

Bajaj Allianz Life Videos


Presenting Shubman Gill as The New ACE Of India | Bajaj Allianz Life | Bajaj Allianz Life ACE

Contact Us

Bajaj Allianz Life Insurance Company Ltd.

Bajaj Allianz House, Airport Road, Yerawada, Pune - 411 006, Maharashtra

Tel No: 020-66026773

Branch Visit Timings:

Monday to Friday - 9:00 AM to 3:30 PM (IST)

Saturday - 9:00 AM to 1:00 PM (IST)

Customer Care Helpline:


Monday to Sunday: 9:00 AM to 7:00 PM (IST)

NRI Services Helpline

24/7 (All week days)

Sales Enquiry Helpline:


Monday to Saturday: 9:00 AM to 7:00 PM (IST)

For NRI: +91-20-35125850 (Call charges apply)

Monday to Saturday: 9:00 AM to 7:00 PM (IST)

Find Us Online

#Survey conducted by brand equity – Nielsen in March 2020

~Tax benefits as per prevailing Income tax laws shall apply. Please check with your tax consultant for eligibility.

**Past performance is not indicative of future performance.

The above information is for general understanding and is meant to educate the general public at large. The reader will have to verify the facts, law and content with the prevailing tax statutes and seek appropriate professional advice before acting on the basis of the above information.