Payment plans
Payment plans to suit your needs
You can choose between four payment plans with different private pension contribution rates. You can allocate between 43-75% to private pension that is fully inheritable (based on a 15.5% mandatory contribution). The portion of your contributions not invested in a private pension division is paid into a mutual division that ensures life-long pension as well as spousal, child and disability pension.
![Fjölskylda við strönd um vetur](https://images.prismic.io/landsbankinn/e33cd88f-072b-498c-b500-37759147c35e_1920px+LB_Eilifsdalur_RIM2371_01.jpg?fit=max&w=3840&rect=0,199,1920,1080&q=50)
Plan I - 43% inheritable
Plan II - 56% inheritable
Plan III - 67% inheritable
Plan IV - 75% inheritable
Join our group of satisfied customers
Applying for access to online banking and the app, creating an account and getting a debit card is a matter of minutes.
![](https://images.prismic.io/landsbankinn/260c12ff-d8e0-4db9-85ca-8f5d295943b3_1717.jpg?fit=max&w=3840&rect=240,0,1440,1080&q=50)