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Presentation on SWAVALAMBAN NEW PENSION SCHEME

Presentation on SWAVALAMBAN NEW PENSION SCHEME. SWAVALAMBAN / NPS LITE. A New Pension Scheme By Government of India For All citizens of unorganized sector. What is Swavalamban / NPS LITE ? NPS was initially for Government employees, and was later extended to all citizens of India.

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Presentation on SWAVALAMBAN NEW PENSION SCHEME

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  1. PresentationonSWAVALAMBANNEW PENSION SCHEME

  2. SWAVALAMBAN / NPS LITE A New Pension Scheme By Government of India For All citizens of unorganized sector What is Swavalamban / NPS LITE ? NPS was initially for Government employees, and was later extended to all citizens of India. Recognizing the need to provide income security to marginal income earners and to people from economically disadvantaged sections of society, a scheme has been As part of the Government's initiative towards „Financial Inclusion‟, The Finance Minister has announced a new scheme called “Swavalamban” to encourage subscribers to take the all important step of saving for their old age, where Govt. of India will also contribute Rs 1000 per year to the pension account. *

  3. NPS-Lite is a scheme of theGovernment of India and PFRDA.

  4. Objective Of Swavalamaban / New Pension Scheme Is to Make provision of Old age pension for the people of unorganized sector from the Age of 60 Years till life .

  5. FEATURES OF SWAVLAMBAN / NPS LITE • •It is voluntary • •It is simple • •It is affordable Investment can be as low as Rs 100 • •It is –Uniform-single investment plan • •It is safe-it is regulated by PFRDA • •It is a Pension Scheme for Subscribers • •It is based on Defined Contribution System • •It is Flexible and Transparent system. • •It is portable-can be operated from anywhere in India • •It is based on market based returns over long term

  6. PRAN CARD Issue of unique Permanent Retirement Account Number (PRAN) to each subscriber with name of account holder, photo and signature. Example : ( not original )

  7. Eligibility to join NPS Eligibility conditions for enrolment/opening account: • Aged between 18 and 60 years, and • Not a member of Employees Provident Fund and Miscellaneous Provisions Act 1952 and/or any scheme for pension

  8. Govt.of India- contribution Govt. of India Contribution of Rs 1000 every year till Financial Year 2017-18 in your PRAN card. Eligibility for Govt. contribution: • Minimum of Rs. 1,000 and a maximum of Rs. 12,000 per annum of contribution by you in your PRAN card.

  9. Pension on investing At the age of 60 Years :- ( a ) The subscriber can withdraw 60% as lump sum, and 40% will have to be annuitized to ensure a minimum pension of Rs. 1,000 per month; ( b ) In case 40% of the corpus is not sufficient to buy an annuity of Rs1000/- pm, the commutation portion can be reduced to that extent.

  10. Benefits on death before vesting In case of death of the subscriber the entire money can be withdrawn by his heirs immediately, without annuitizing any portion of the corpus OR they can also opt for annuity provided the fund available is sufficient to provide an annuity of Rs1000/- pm.

  11. Corpus in Swavalamban The contributions, net of charges, would be converted to Units depending on the NAV and credited to subscriber’s account. The corpus would be value of the units to the credit of the member. A statement of account of entire transactions and the market value of the corpus will be sent to subscribers, once a year.

  12. Average swavlamban / nps chart

  13. How to join the nps scheme To join Swavalamban, the Subscriber should.. • Complete the requisite subscription form. • Comply KYC norms like: Affix colored photograph Provide photo-identity, Proof of residence Age proof. ● Remittance of contribution along with form

  14. WHY JOIN NPS WITH GREATS • YOU GET YOUR PRAN CARD • 100/- DEPOSIT IN YOUR PRAN CARD • NO TENSION OF FILLING FORMS • NO TENSION OF BIG QUES • SERVICE AT YOUR DOOR STEP MOST OF ALL YOU CAN EARN HANDSOMELY BY JUST PROMOTING SUCH NOBLE CAUSE BY GREATS ONLY

  15. Steps to Earn • Give all Your KYC documents (self attested) • Fill your NPS Lite Form • Pay Rs. 800/- to Great Life Marketing • Make your PRAN card • Promote others the benefits of PRAN Rs 100/- will be deposited in your PRAN card

  16. Income pattern SILVER INCOME Income generated : Rs 200/- 1 point Total daily income : Rs 1000/- Capping : 5 point pair Minimum Payout : Rs. 500/- Power leg Carry Forward Deductions : 10% TDS + 5% Admin GOLD INCOME To Qualify :Capping of 5 times of Silver Income generated : Rs 200/- 1 point Total daily income : Rs 2000/- Capping : 10 point pair Power leg Carry Forward YOU A B YOU A B

  17. Income pattern • DIAMOND INCOME • To Qualify : Capping of 10 times of Gold • Income generated : Rs 200/- 1 point • Total daily income : Rs 4000/- • Capping : 20 point pair • Power leg Carry Forward 4000 * 30 = 1,20,000 per month YOU A B

  18. Income pattern • To Get Income : Top Up of Rs.1000/- after Gold • Income generated : Rs 1000/- per Gold matching • Total daily income : Rs 1000/- • Capping : 1 Gold Pair per day • Power leg Carry Forward for Gold • Ie.. 1000 * 30 = 30,000 per month • GOLD MATCHING BONUS • DIAMOND MATCHING BONUS To Get Income : Top Up of Rs.3000/- after D(DIAMOND) Income generated : Rs 3000/- per Diamond matching Total daily income : Rs 3000/- Capping : 1 Diamond Pair per day Power leg Carry Forward for Gold Ie.. 3000 * 30 = 90,000 per month YOU (GOLD) GOLD GOLD YOU (D) D D

  19. the power of duplication 4096 2048 See what happens when you introduce TWO People in a month and help them do the same... 1024 Your team  512 256 128 2 4 8 16 32 64 1 2 3 4 5 6 7 8 9 10 11 12Months  Note:- There is NO limit to the number of people YOU can introduce from around the world

  20. Projected income 4096 * 200 = 8 LACS APP. + GOLD / DIAMNOND MATCHING BONUS

  21. With you forever … You don’t have to be Great to Start, but you have to Start to be Great… Branch office : PLOT NO 553, KISAN NAGAR, AKKALKOT ROAD, SHOLAPUR  ( MAHARASHTRA) GREAT LIFE MARKETING Corporate office : SCO 12, 2nd Floor, CHIRANJI ENCLAVE, Support : 01762 - 521178

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