Summary:
The QROPS India List as of 1st August 2025 highlights HMRC-approved recognised overseas pension schemes in India. For UK-returned Indians, these schemes provide a compliant route to transfer pensions safely, ensuring tax efficiency, financial security, and retirement planning aligned with Indian markets.
Check the recognized overseas pension schemes notification list:
The following schemes in the QROPS List India have conveyed to HMRC that they meet the conditions to be a recognised overseas pension scheme (ROPS).
| ROPS | Country |
|---|---|
| ABSLI Guaranteed Annuity Plus | India |
| Axis Max Life Forever Young Pension Plan | India |
| Axis Max Life Guaranteed Lifetime Income Plan | India |
| Axis Max Life Smart Guaranteed Pension Plan | India |
| Axis Max Life Smart Wealth Annuity Guaranteed Pension Plan | India |
| Bajaj Allianz Life Guaranteed Pension Goal | India |
| Bajaj Allianz Life Saral Pension | India |
| Canara HSBC Oriental Bank of Commerce Life Insurance Secure Bhavishya Plan | India |
| HDFC Life Assured Pension Plan | India |
| HDFC Life Click 2 Retire | India |
| HDFC Life Guaranteed Pension Plan | India |
| HDFC Life New Immediate Annuity Plan | India |
| HDFC Life Pension Guaranteed Plan | India |
| HDFC Life Sanchay Aajeevan Guaranteed Advantage | India |
| HDFC Life Smart Pension Plan | India |
| HDFC Life Smart Pension Plus | India |
| HDFC Life Systematic Pension Plan | India |
| ICICI Pru Easy Retirement | India |
| ICICI Pru Easy Retirement SP | India |
| ICICI Pru Gold Pension Savings | India |
| ICICI Pru Guaranteed Pension Plan | India |
| ICICI Pru Signature Pension | India |
| Kotak Assured Pension Plan | India |
| Kotak Confident Retirement Savings Plan | India |
| Kotak Lifetime Income Plan | India |
| LIC’s Jeevan Akshay — VII | India |
| LIC’s New Jeevan Shanti | India |
| PNB MetLife Immediate Annuity Plan | India |
| SBI Life – Smart Annuity Plus | India |
| TATA AIA Fortune Guarantee Retirement Ready | India |
| Tata AIA Life Insurance Fortune Guarantee Pension | India |
| Tata AIA Life Insurance Saral Pension | India |
| Tata AIA Life Insurance Smart Annuity Plan | India |
The following schemes in the QROPS List India have been conveyed to HMRC that they meet the conditions to be a recognised overseas pension scheme (ROPS).
UK Government Guide on Overseas Pension Schemes Notification List.
Indians who have lived in the UK and are moving back to India can transfer their pensions through QROPS-approved schemes for better tax efficiency and financial security.
FAQs
Q1: What does the QROPS India List 2025 include?
It includes HMRC-recognised overseas pension schemes in India, such as plans from LIC, HDFC Life, ICICI Pru, SBI Life, and others. These schemes meet UK rules, allowing safe and compliant UK pension transfers for Indians moving back to India.
Q2: Why is the QROPS list important for UK-returned Indians?
The QROPS list ensures pension transfers are HMRC-compliant, avoiding penalties and safeguarding retirement funds. UK-returned Indians benefit from tax efficiency, better financial planning, and the flexibility of managing pensions directly in India under approved schemes.
Q3: How often is the QROPS list updated by HMRC?
HMRC updates the QROPS list every two weeks. This means schemes may be added or removed depending on their compliance. Always check the latest version of the list before initiating a pension transfer to India.
Q4: Can I transfer any UK pension to these schemes?
Yes, most eligible UK pensions can be transferred into the HMRC-approved schemes listed under QROPS India 2025. Transfers are subject to both UK rules and Indian regulations, ensuring legal compliance and financial security.
Q5: What are the advantages of transferring to QROPS-approved schemes?
Advantages include tax efficiency, protection from UK penalties, inheritance planning benefits, and alignment of retirement savings with India’s financial system. It gives UK-returned Indians control over their pension wealth in their home country.
Author Bio
This blog was developed by the Pension Strategy Team at QROPS Direct. With over 15 years of experience in UK pension transfers, our experts have guided NRIs in moving retirement savings safely and legally to India.
About the Organization
QROPS Direct is a specialist pension transfer advisory based in India, focusing on UK-to-India transfers through HMRC-approved schemes. With offices in Mumbai, Bangalore, and Chennai, we provide compliance-driven, transparent, and secure solutions for NRIs planning retirement in India.
