Upon surrendering the policy with - in the lock - in period of 5 years, the Individual Pension Account (IPA) Value after deducting Policy Discontinuance Charges are credited to
the Discontinued Pension Policy Account.
Upon surrendering the policy with - in the lock - in period of 5 years, the Fund Value (including top - up fund value) less applicable discontinuance charges is credited to the «
Discontinued Pension Policy Fund» and it is refunded upon completion of the lock - in period.Upon surrendering the policy after the lock - in period of 5 years, Your fund value will be paid out.
Fund Management Charges: Fund management charge is 1.25 % p.a for Pension Builder Fund and 0.50 % p.a for
Discontinued Pension Policy Fund.
Your Fund Value less the discontinuance / surrender charge, if any, plus the top up premium Fund Value, if any, as on the date of surrender, will be transferred to
the discontinued pension policy fund.
If surrendered before 5 years, the fund value net of discontinuation charge will be credited to
the Discontinued Pension Policy Fund where it will earn a minimum of 4 % p.a. growth.
Not exact matches
Upon surrendering the
policy with - in the lock - in period of 5 years, the fund value after deducting Policy Discontinuance Charges are credited to the Discontinued Policy Pension
policy with - in the lock - in period of 5 years, the fund value after deducting
Policy Discontinuance Charges are credited to the Discontinued Policy Pension
Policy Discontinuance Charges are credited to the
Discontinued Policy Pension
Policy Pension Fund.
The minimum guaranteed interest rate applicable on the
Pension Discontinued Policy Fund is 4 % compounding annually.
Upon surrendering the
policy with - in the lock - in period of 5 years, the Fund Value (including top - up fund value) less applicable discontinuance charges is credited to the «Pension Discontinued Policy Fund&r
policy with - in the lock - in period of 5 years, the Fund Value (including top - up fund value) less applicable discontinuance charges is credited to the «
Pension Discontinued Policy Fund&r
Policy Fund».
Fund Management Charges: The fund management charge is 1.35 % p.a for
Pension Growth Fund &
Pension Balanced Fund, 1 % p.a for
Pension Debt Fund, 0.50 % p.a for
Pension Discontinued Policy Fund.
The
Pension Discontinued Policy Fund is credited with a minimum guaranteed interest rate of 4 % p.a or as directed by IRDAI.
In case of death of the life insured when the money is in
Pension Discontinued Policy Fund, the PDP Fund Value is payable to the nominee.
Upon surrendering the
policy with - in the lock - in period of 5 years, the fund value after deducting surrender charges is transferred to the Pension Discontinued Policy
policy with - in the lock - in period of 5 years, the fund value after deducting surrender charges is transferred to the
Pension Discontinued PolicyPolicy Fund.
Upon surrendering the
policy with - in the lock - in period of 5 years, the fund value after deducting Policy Discontinuance Charges is transferred to the Pension Discontinued Policy (PDP)
policy with - in the lock - in period of 5 years, the fund value after deducting
Policy Discontinuance Charges is transferred to the Pension Discontinued Policy (PDP)
Policy Discontinuance Charges is transferred to the
Pension Discontinued Policy (PDP)
Policy (PDP) Fund.
The
Pension Discontinued Policy Fund is credited with the actual return (less fund management charge of 0.50 % p.a.) or a minimum guaranteed interest rate of 4 % p.a, whichever is higher.