You will get Rs 68 lakhs for applying 5000 rupees in this scheme of PNB – Learn how

New Delhi. PNB (Punjab National Bank), the second largest government bank in the country, offers special schemes to make its customers’ tomorrow safe and tension free. The name of this scheme of the government is NPS (National Pension System). If you also invest in this scheme of the bank, then at the time of retirement you can get up to 68 lakh rupees in one lump sum. This scheme of the bank provides many facilities along with safe investment. Let’s know everything about this scheme … What is National Pension System: The National Pension System is a government retirement saving scheme, launched by the central government in the year 2004. Since 2009, the scheme has also been opened to people working in the private sector. Now any employee working in the private sector along with the government can join this scheme on their own free will. Know the advantages of PNB scheme: By investing money in this special scheme of Punjab National Bank NPS, you can live a stress-free life even after your retirement. Also read: PNB launches special FD scheme, customers will get more interest and bigger profits – know interest rate>> Get attractive market linked returns. >> This is the pension funds and investment option. >> Under this, there is an additional tax rebate of Rs 50,000 under Section 80CCD (1B). >> This section is exempt from Rs.1.50 lakhs of 80C. Who can invest: People between 18 and 60 years of age can invest in the National Pension System. Accounts can be opened under this scheme by going to all government and private banks in the country. The facility of pre maturity withdrawal is also available: In NPS scheme, you can also do pre-maturity withdrawal in certain conditions. If you are going to start a new business or are planning to buy a house, then you can withdraw money first. Apart from this, you can also withdraw money for marriage, children’s studies and listed diseases. Also Read: Petrol, Diesel Price Today: Petrol Diesel Reaches Record High, In Many Cities, Beyond Rs 100, Learn More How Much The Price Will Increase How to get 68 lakh rupees: If you invest 5,000 rupees every month for 30 years, after thirty years your total contribution will be Rs 18 lakhs. At the same time, if you get the estimated return on investment at the rate of 10 percent, then the total amount on maturity will be Rs 1.13 crore. >> Purchase of annuity 40 per cent >> Estimated annuity rate 8 per cent >> 60 per cent of tax free withdrawal maturity amount >> Pension at the age of 60 Rs 30,391 per month >> Lump sum cash Rs 68.37 lakh

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