A New Year brings renewed hope and goals, especially when it comes to finances. The fresh start can provide the motivation you need to make it your best financial year ever.
What is Investment ?
Investment refers to the accumulation of some kind of asset in hopes to get a future return from it. The fundamentals for all types of investment are the same. The investors basically are buying risk from their investment, the more risk they take from their investment, the higher price they can sell for it. Different persons of varied ages also need different type of investment plan to give them better return. Conservative & old people prefer investing in gradually growing companies with low risks like utility and consumer goods. Aggressive investors prefer fast and high earning stocks with high investment risks like foreign and technology sectors.
In order to know how we can plan your child education/ marriage, please feel free to contact us.On receipt of consultation request our representative will visit your place on prior intimation to you. After personal inspection of your property, our representative will prepare a report with your signature. On receipt of report proposal will be considered.We hope you will find our terms more suitable and we shall be pleased to serve you and assure of prompt service.We will get in touch with you shortly.
The Plan:
A consumer can invest in this plan to get anual Return of 18%.There will be no service charges on account opening.
Investment Amount |
YRLY Upto Return(12%-18%) |
Annual Return Amount |
Rs.5000.00 |
12%-18% |
Rs.600-900 |
Rs.10,000.00 |
12%-18% |
Rs.1200-1800 |
Rs.50,000.00 |
12%-18% |
Rs.6000-9000 |
Rs.1,00,000.00 |
12%-18% |
Rs.12000-18000 |
Security:
Company will provide 70% of the investment amount as Gold/Silver.
Rules & Regulations:
 To open this plan, consumer must apply the application form of this plan.
Company will charge Rs.200/- per new scheme which is not refundable.
Company reserves the right to accept or reject any application for opening the scheme without assigning any reason.
The minimum investment amount is Rs.5000/- .
The investor has to refund the security on the time of maturity of 5 years or at the time of surrendering the plan.
At the time of maturity , in case the customer looses/sales the security provided, the company will refund the amount in the basis of the price of (Gold/Silver) on the date of purchasing security or the current rate whichever is higher.
Loan Facility:
Investor can avail loan facility from the company against his/her invested amount.The loan amount will be 50% of invested amount without interest.
Nominee's Benefits:
Company will refund the maturity amount on maturity in case of death of the scheme holder.
If nominee is minor, then guardian will be legal heir.
Withdrawal:
0-12 Months 40% deducted from the investment amount and paid to the investor.
13-24 Months 15% deducted from the investment amount and paid to the investor.
25-36 Months 5% deducted from the investment amount and paid to the investor.
37 Months Onwards 0% deduction from the investment amount .
If applicant is minor, then appointee's signature is needed and if appointee is absent, the agent is responsible for the total scheme.
|
