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Plan No. 828
for the period
15th August 2014 to 14th August 2015
Available to citizens
aged 60 years and above.
During the lifetime of the Pensioner, a pension in the form of immediate annuity as per the mode chosen by the Pensioner shall be payable.
Death Benefit :
On the death of pensioner, the purchase price shall be refunded to the nominee /legal heirs
Pension would be on immediate annuity basis in monthly, quarterly, half-yearly or annual mode, varying, respectively, between Rs. 500 to 5000 (monthly), Rs. 1500 to 15,000 (quarterly), Rs. 3000 to Rs. 30,000 (half-yearly) and from Rs. 6,000 to Rs. 60,000 (annually), depending on the amount subscribed and the option exercised.
The payout implies an assured return of
9% on monthly payment basis
, which amounts to an
annualized return of 9.38%.
(up to 75% of subscribed amount) can be availed after 3 years from the Date of Commencement.
On death, the full purchase price will be refunded to nominee.
Per Month (Pension)
Per Quarter (Pension)
Per Half Year (Pension)
Per Year (Pension)
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