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Investment
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Retirement
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Insurance
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Given the present volatile market
and unstable returns, we present to you sound investment
options that provide attractive and more importantly stable
returns. these instruments will help you balance your
portfolio by providing you with safe options and generate
superior returns.
Features
» Min/Max Premium:
Rs 33,335/- Rs. 2,66,665
» Min/Max Pension:
Rs. 250/- Rs. 2,000 per month
» Min / Max
entry age: 55yrs (last birthday)/ 79 yrs
» Mode of Pension
Payment: Monthly, Quarterly, Half Yearly & Yearly
» Premium Payment:
Single only
BenefitS
» Policy holder
can withdraw money after 15 years
» Availability
of loan to the extent of 75% of purchase price after 3
years. Interest rate to be decided by LIC from time to
time.
» Pension will
be paid during the lifetime of the pensioner.
» In the event
of unfortunate death of the pensioner, premium will be
paid back to the nominee.
*Insurance is the subject matter of solicitation.
8% p.a Monthly
Income Scheme
A superior alternative to Bank
Deposits, Post Office Schemes offer
HIGHER RETURNS and HIGHER SAFETY
Post Office Monthly Income Scheme
» Interest
Payable Monthly • 10% Bonus payable on maturity
• Min. Amount Rs 6000/- • Max. Rs. 3 lacs
in Single A/c and Rs 6 lakhs in Joint Account
» Maturity
Period is 6 years •No TDS
» The Bonds
will be issued for a minimum amount of Rs 1,000 and
in multiples of Rs 1,000 thereof, without any upper
limit.
» Interest
on the Bonds will be taxable under the Income Tax Act,
1961.
» The Bonds
will be exempt from wealth-tax under the Wealth Tax
Act, 1957.
» The Bonds
will have a maturity period of 6 years.
» The Bonds
will bear interest at the rate of 8% per annum.
» The cumulative
value of Rs 1,000 at the end of six years will be Rs
1,601.
» These Bonds
are not transferable.They are neither tradeable nor
pledge able.
» Nomination
facility available.
Eligibility
» Resident
Individuals, HUFs, Charitable Institutions & Universities
can invest in these bonds. Minors can hold these bonds
through their guardians.
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