試す 金 - 無料
NPS: Annuity plan without return of purchase price maximises payout
Financial Express Bengaluru
|December 16, 2024
Go for joint life plan if you have dependent spouse
NATIONAL PENSION SYSTEM (NPS) investors need to choose the annuity plan wisely as the interest rate is fixed for life. In case the pensioner's children are financially well-settled, he can opt for non-return of purchase price to benefit from maximum payout. For those looking to leave a legacy, joint life return of purchase price option is ideal.
In NPS, at the time of maturity the subscriber has to buy annuity for at least 40% of the corpus. The annuity returns will vary depending on the type of annuity plan opted by the investor, yield offered by the life insurance company and the frequency of the payout —monthly, quarterly, half-yearly or annual.
このストーリーは、Financial Express Bengaluru の December 16, 2024 版からのものです。
Magzter GOLD を購読すると、厳選された何千ものプレミアム記事や、10,000 以上の雑誌や新聞にアクセスできます。
すでに購読者ですか? サインイン
Financial Express Bengaluru からのその他のストーリー
Financial Express Bengaluru
‘Transition towards green energy to progress steadily’
Hinduja Group is looking to invest $4 billion to expand its renewable energy capacity. In an interview, Deepak Thakur, managing director and CEO of Hinduja Renewables, speaks to Raghavendra Kamath about the company’s plans and the challenges in the renewable energy segment. Excerpts:
2 mins
May 01, 2026
Financial Express Bengaluru
‘Exit polls meant to demoralise TMC’
MAMATA TARGETS BJP THE DAY AFTER POLLS
2 mins
May 01, 2026
Financial Express Bengaluru
Rethink procurement for infra, consultancy
It is time to move beyond the L1 system, which can be retained for routine and standardised procurements where quality differentials are minimal
3 mins
May 01, 2026
Financial Express Bengaluru
Renault seeks to restructure India ops
RENAULT GROUP HAS moved the National Company Law Tribunal (NCLT) to seek approval fora proposed restructuring of its India operations, which will see its powertrain manufacturing business carved out into a dedicated entity, while vehicle manufacturing and sales are brought under a single structure.
1 min
May 01, 2026
Financial Express Bengaluru
Modi to visit Europe in May, stopover in UAE likely
SAFEGUARDING ENERGY FLOWS, mitigating trade disruptions from the West Asia crisis, and bolstering cooperation in critical technologies are set to top the agenda during Prime Minister Narendra Modi’s four-nation tour of Europe next month, official sources said.
1 min
May 01, 2026
Financial Express Bengaluru
Bonds return near March-end lows
GOVERNMENT BONDS ENDED April close to levels seen at the end of the month prior after declining on Thursday
1 min
May 01, 2026
Financial Express Bengaluru
HUL beats estimates with 21.4% jump in Q4 profit
FMCG MAJOR POSTS ₹2,992-CRORE NET PROFIT IN MARCH QUARTER
2 mins
May 01, 2026
Financial Express Bengaluru
Govt tightens localisation rules for e-truck subsidies
MANDATES LOCAL MANUFACTURING OF CONTROL SYSTEMS FROM SEPT
2 mins
May 01, 2026
Financial Express Bengaluru
Brent nears $120 as war drags on
ON A SLIPPERY GROUND
1 min
May 01, 2026
Financial Express Bengaluru
PE-VC investments fall 19% in Q1 2026 to $13.1 billion
PRIVATE EQUITY AND venture capital (PE-VC) investments declined 19% year-on-year (yo-y) to $13.1 billion in the first quarter of 2026, compared with $16.2 billion in the same period last year, according to a report by EY-IVCA.
1 mins
May 01, 2026
Listen
Translate
Change font size