{"id":83,"date":"2024-03-01T06:16:38","date_gmt":"2024-03-01T06:16:38","guid":{"rendered":"https:\/\/www.qropsdirect.in\/blog\/?p=83"},"modified":"2025-02-04T15:14:00","modified_gmt":"2025-02-04T15:14:00","slug":"list-of-qualifying-recognised-overseas-pension-schemes-qrops-india-march-2024","status":"publish","type":"post","link":"https:\/\/www.qropsdirect.in\/blog\/2024\/03\/01\/list-of-qualifying-recognised-overseas-pension-schemes-qrops-india-march-2024\/","title":{"rendered":"List of Qualifying Recognised Overseas Pension Schemes (QROPS India) March 2024"},"content":{"rendered":"<figure id=\"attachment_665\" aria-describedby=\"caption-attachment-665\" style=\"width: 300px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-665\" src=\"https:\/\/www.qropsdirect.in\/blog\/wp-content\/uploads\/2024\/03\/hmrc19-300x228.jpg\" alt=\"QROPS List India March 2024\" width=\"300\" height=\"228\" srcset=\"https:\/\/www.qropsdirect.in\/blog\/wp-content\/uploads\/2024\/03\/hmrc19-300x228.jpg 300w, https:\/\/www.qropsdirect.in\/blog\/wp-content\/uploads\/2024\/03\/hmrc19.jpg 369w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-665\" class=\"wp-caption-text\">QROPS List India March 2024<\/figcaption><\/figure>\n<h4>Check the recognised overseas pension schemes notification list<\/h4>\n<div class=\"govuk-grid-column-two-thirds\">\n<p class=\"gem-c-lead-paragraph\">The following schemes in the QROPS List India March 2024 have conveyed to HMRC that they meet the conditions to be a recognised overseas pension scheme (ROPS).<\/p>\n<p>QROPS List India March 2024<\/p>\n<\/div>\n<table>\n<thead>\n<tr>\n<th scope=\"col\"><abbr title=\"recognised overseas pension scheme\">ROPS<\/abbr><\/th>\n<th class=\"cell-text-right\" scope=\"col\">Country<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Bajaj Allianz Life Guaranteed Pension Goal<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>Canara HSBC Oriental Bank of Commerce Life Insurance Secure Bhavishya Plan<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>HDFC Life Assured Pension Plan<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>HDFC Life Click 2 Retire<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>HDFC Life Guaranteed Pension Plan<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>HDFC Life New Immediate Annuity Plan<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>HDFC Life Pension Guaranteed Plan<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>HDFC Life Smart Pension Plan<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>HDFC Life Smart Pension Plus<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>HDFC Life Systematic Pension Plan<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>ICICI Pru Easy Retirement<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>ICICI Pru Easy Retirement SP<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>ICICI Pru Guaranteed Pension Plan<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>Kotak Assured Pension Plan<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>Kotak Lifetime Income Plan<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>LIC\u2019s Jeevan Akshay \u2014 VII<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>LIC\u2019s New Jeevan Shanti<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>Max Life Forever Young Pension Plan<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>Max Life Guaranteed Lifetime Income Plan<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>Max Life Smart Guaranteed Pension Plan<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>Max Life Smart Wealth Annuity Guaranteed Pension Plan<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>SBI Life \u2014 Smart Annuity Plus<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>Tata AIA Life Insurance Fortune Guarantee Pension<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>Tata AIA Life Insurance Saral Pension<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<tr>\n<td>Tata AIA Life Insurance Smart Annuity Plan<\/td>\n<td class=\"cell-text-right\">India<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h4 id=\"changes-made-for-india-on-26-february-2024\">Changes made for India on 26 February 2024<\/h4>\n<table>\n<thead>\n<tr>\n<th scope=\"col\"><abbr title=\"recognised overseas pension scheme\">ROPS<\/abbr><\/th>\n<th scope=\"col\">Change<\/th>\n<td><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Max Life Smart Wealth Annuity Guaranteed Pension Plan<\/td>\n<td>India<\/td>\n<td>Added<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"https:\/\/www.gov.uk\/guidance\/check-the-recognised-overseas-pension-schemes-notification-list#countries-g-to-i\">https:\/\/www.gov.uk\/guidance\/check-the-recognised-overseas-pension-schemes-notification-list#countries-g-to-i<\/a><\/p>\n<article class=\"w-full text-token-text-primary focus-visible:outline-2 focus-visible:outline-offset-[-4px]\" dir=\"auto\" data-testid=\"conversation-turn-355\" data-scroll-anchor=\"false\">\n<div class=\"m-auto text-base py-[18px] px-3 md:px-4 w-full md:px-5 lg:px-4 xl:px-5\">\n<div class=\"mx-auto flex flex-1 gap-4 text-base md:gap-5 lg:gap-6 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem]\">\n<div class=\"group\/conversation-turn relative flex w-full min-w-0 flex-col agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex max-w-full flex-col flex-grow\">\n<div class=\"min-h-8 text-message flex w-full flex-col items-end gap-2 whitespace-normal break-words text-start [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"22e877a1-b737-4b81-8a22-b6c6d00b5213\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert dark\">\n<p>NRIs moving back to India should transfer their UK pensions through QROPS for better tax efficiency, investment control, and higher returns. Unlike UK pensions, QROPS avoids UK inheritance tax, provides currency stability, and offers greater flexibility in managing retirement funds. With India&#8217;s fast-growing economy and favorable pension schemes, an HMRC approved QROPS transfer not only ensures financial security and steady income for retirement but also maximizes growth opportunities.<\/p>\n<p><a href=\"https:\/\/www.qropsdirect.in\/blog\/2024\/02\/16\/list-of-qualifying-recognised-overseas-pension-schemes-qrops-india-february-2024-2\/\">Click here for precious list<\/a>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>Check the recognised overseas pension schemes notification list The following schemes in the QROPS List India March 2024 have conveyed to HMRC that they meet<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[2],"tags":[222,92,234,256],"class_list":["post-83","post","type-post","status-publish","format-standard","hentry","category-qrops-list","tag-hmrc-approved-qrops-plan","tag-hmrc-compliant-scheme-in-india","tag-qrops-list-india","tag-qrops-list-india-march-2024"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>QROPS List India March 2024<\/title>\n<meta name=\"description\" content=\"The following schemes in the QROPS List India March 2024 have 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