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VARISHTHA PENSION BIMA YOJNA – T.NO.828

VARISHTHA PENSION BIMA YOJNA – T.NO.828. K.SANKAR,SBA. VARISHTHA PENSION BIMA YOJANA – T.NO.828. Salient Features: Pension 9%p.a.payable monthly (i.e. equivalent to 9.38% p.a.) No maximum age at entry Min pension 500 to max 5000 pm 75% loan after 3 years

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VARISHTHA PENSION BIMA YOJNA – T.NO.828

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  1. VARISHTHA PENSION BIMA YOJNA – T.NO.828 K.SANKAR,SBA

  2. VARISHTHA PENSION BIMA YOJANA – T.NO.828 • Salient Features: • Pension 9%p.a.payable monthly (i.e. equivalent to 9.38% p.a.) • No maximum age at entry • Min pension 500 to max 5000 pm • 75% loan after 3 years • Surrender after 15 years or critical/terminal illness • Std. and NSAP I, II, III accepted Revival of Varishtha Pension Bima Yojana from 16th Aug 2014

  3. Life Long DEATH: Return Of Purchase Price Min Age: 60 years L.B.D. ; No Max Age Min Pension: Rs.500 p.m. Rs.1500 qly Rs.3000 hly Rs.6000 yly Max Pension: Rs.5000 p.m. Rs.15000 qly Rs.30000 hly Rs.60000 yly Mode Of Pension: Yearly or Half-yearly or Quarterly or Monthly Pensioner can choose either Pension Or Purchase Price Immaterial of Age: Pension for Rs.1000 Purchase Price Yearly : Rs.93.8069 p.a. Half-yearly : Rs.91.7045 p.a. Quarterly : Rs.90.6767 p.a. Monthly : Rs.90.0000 p.a. Excluding Service Tax

  4. SURRENDER: After 15 years or for Critical or Terminal illness of Self or Spouse LOAN: 75% of P.P. after 3 yrs Interest will be recovered from pension payable frequency Commission to Agents: 0.1% Dev. Officers Credit: 0.3% (Both Net of Taxes) It will be BUYERS market Great opportunity to get entry Proposal Form: 470 (Rev) Age Proof: Std and NSAP I,II,III No Stamp Declaration with Notary is necessary for Self Declaration Pension Maximum is per FAMILY Family: Self, Spouse & Dependents For all put together Rs.5000/Mly ; Rs.15000/ Qly ; Rs.30000/Hly ; Rs.60000/Yly No Medical Examination is needed KYC / AML should be adhered Income proof of Bank Pass Book is a must TARGET GROUP: Pensioners Forum or Senior Citizens Forum Thank You

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