Summary:
The QROPS list for India updated on July 1, 2025, outlines HMRC-recognized overseas pension schemes that qualify for UK pension transfers. For returning NRIs and expats, these approved schemes provide a compliant and tax-efficient way to repatriate retirement savings securely into India.
Check the recognized overseas pension schemes notification list:
| ROPS | Country |
| ABSLI Guaranteed Annuity Plus | 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 Gold Pension Plan | 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.
People Commonly Asked
Q1: What is the updated QROPS list for India in July 2025?
The July 1, 2025 QROPS list includes pension schemes in India recognized by HMRC as meeting overseas transfer requirements. These schemes allow UK pension holders to move funds securely and in compliance with both UK and Indian regulations.
Q2: Why does HMRC recognition matter for UK pension transfers?
HMRC recognition ensures that pension transfers to India are valid under UK law. Without this recognition, transfers may attract penalties, including a 25% overseas transfer charge.
Q3: Are all Indian pension schemes QROPS-approved?
No. Only schemes published on HMRC’s official QROPS list are eligible to receive UK pension transfers. Transfers to non-listed schemes risk rejection or taxation.
Q4: How can pensioners benefit from transferring to QROPS in India?
Approved QROPS in India provide benefits such as tax efficiency, reduced risk of double taxation, broader investment flexibility, and alignment with local retirement needs.
Q5: How often is the QROPS list updated by HMRC?
HMRC updates the global QROPS list every two weeks. Pension savers should check the latest update before initiating a transfer to ensure compliance.
Author Bio
This article was prepared by the Advisory Team at QROPS Direct. Since 2009, we have assisted NRIs and expats with secure, compliant, and tax-efficient UK pension transfers to India.
About the Organization
QROPS Direct is a specialist financial advisory firm focused exclusively on UK-to-India pension transfers. With certified advisors across India, we deliver transparent guidance to ensure safe and compliant pension repatriation for NRIs and expats.
