Investment Comparator
₹
Monthly RD
₹100 / mo
Maturity Value
₹7,100
Annual RD
₹1,160 / yr
Maturity Value
₹7,100
Fixed horizon of 5 Years.
Guaranteed Millionaire Scheme
Invest Rs.1,64,000/- Yearly for 5 Years & Get Rs. 10 Lakh at Maturity
- Guaranteed Returns
- Hedge against falling interest rates.
- No TDS
- No penalty for non contribution of future instalments
Maturity Table for RD a/c opened after 1st Sept 2023
Maturity Table of Recurring Account. You may opt to pay on Monthly or Annual Basis. Annual Contribution is eligible for Discount.
| Monthly | Annual Rebate | Annual amt | Maturity Amt |
| ₹ 10.00 | ₹ 4.00 | ₹ 116.00 | ₹ 713.65 |
| ₹ 100.00 | ₹ 40.00 | ₹ 1,160.00 | ₹ 7,136.54 |
| ₹ 500.00 | ₹ 200.00 | ₹ 5,800.00 | ₹ 35,682.72 |
| ₹ 700.00 | ₹ 280.00 | ₹ 8,120.00 | ₹ 49,955.81 |
| ₹ 1,000.00 | ₹ 400.00 | ₹ 11,600.00 | ₹ 71,365.44 |
| ₹ 1,500.00 | ₹ 600.00 | ₹ 17,400.00 | ₹ 1,07,048.16 |
| ₹ 2,000.00 | ₹ 800.00 | ₹ 23,200.00 | ₹ 1,42,730.88 |
| ₹ 2,500.00 | ₹ 1,000.00 | ₹ 29,000.00 | ₹ 1,78,413.60 |
| ₹ 3,000.00 | ₹ 1,200.00 | ₹ 34,800.00 | ₹ 2,14,096.31 |
| ₹ 3,500.00 | ₹ 1,400.00 | ₹ 40,600.00 | ₹ 2,49,779.03 |
| ₹ 4,000.00 | ₹ 1,600.00 | ₹ 46,400.00 | ₹ 2,85,461.75 |
| ₹ 4,500.00 | ₹ 1,800.00 | ₹ 52,200.00 | ₹ 3,21,144.47 |
| ₹ 5,000.00 | ₹ 2,000.00 | ₹ 58,000.00 | ₹ 3,56,827.19 |
| ₹ 7,000.00 | ₹ 2,800.00 | ₹ 81,200.00 | ₹ 4,99,558.07 |
| ₹ 10,000.00 | ₹ 4,000.00 | ₹ 1,16,000.00 | ₹ 7,13,654.38 |
| ₹ 14,100.00 | ₹ 5,640.00 | ₹ 1,63,560.00 | ₹ 10,06,252.68 |
| ₹ 14,500.00 | ₹ 5,800.00 | ₹ 1,68,200.00 | ₹ 10,34,798.86 |
| ₹ 15,000.00 | ₹ 6,000.00 | ₹ 1,74,000.00 | ₹ 10,70,481.57 |
| ₹ 20,000.00 | ₹ 8,000.00 | ₹ 2,32,000.00 | ₹ 14,27,308.77 |
| ₹ 25,000.00 | ₹ 10,000.00 | ₹ 2,90,000.00 | ₹ 17,84,135.96 |
Click here to know maturity values for various RD amounts
Maturity Table of Recurring Account. You may opt to pay on Monthly or Annual Basis. Annual Contribution is eligible for Discount.
| Monthly | Rebate | Annual Investment | Maturity Amount |
| 500.00 | 200.00 | 5,800.00 | 34,848.35 |
| 1,000.00 | 400.00 | 11,600.00 | 69,696.70 |
| 1,200.00 | 480.00 | 13,920.00 | 83,636.04 |
| 1,500.00 | 600.00 | 17,400.00 | 1,04,545.05 |
| 2,000.00 | 800.00 | 23,200.00 | 1,39,393.40 |
| 2,500.00 | 1,000.00 | 29,000.00 | 1,74,241.75 |
| 2,700.00 | 1,080.00 | 31,320.00 | 1,88,181.09 |
| 3,000.00 | 1,200.00 | 34,800.00 | 2,09,090.10 |
| 3,500.00 | 1,400.00 | 40,600.00 | 2,43,938.45 |
| 4,000.00 | 1,600.00 | 46,400.00 | 2,78,786.80 |
| 4,500.00 | 1,800.00 | 52,200.00 | 3,13,635.15 |
| 5,000.00 | 2,000.00 | 58,000.00 | 3,48,483.50 |
| 5,500.00 | 2,200.00 | 63,800.00 | 3,83,331.85 |
| 6,000.00 | 2,400.00 | 69,600.00 | 4,18,180.20 |
| 6,500.00 | 2,600.00 | 75,400.00 | 4,53,028.55 |
| 7,000.00 | 2,800.00 | 81,200.00 | 4,87,876.90 |
| 7,200.00 | 2,880.00 | 83,520.00 | 5,01,816.24 |
| 7,500.00 | 3,000.00 | 87,000.00 | 5,22,725.25 |
| 8,000.00 | 3,200.00 | 92,800.00 | 5,57,573.60 |
| 8,500.00 | 3,400.00 | 98,600.00 | 5,92,421.95 |
| 9,000.00 | 3,600.00 | 1,04,400.00 | 6,27,270.30 |
| 9,500.00 | 3,800.00 | 1,10,200.00 | 6,62,118.65 |
| 10,000.00 | 4,000.00 | 1,16,000.00 | 6,96,967.00 |
| 10,500.00 | 4,200.00 | 1,21,800.00 | 7,31,815.35 |
| 11,000.00 | 4,400.00 | 1,27,600.00 | 7,66,663.70 |
| 11,500.00 | 4,600.00 | 1,33,400.00 | 8,01,512.05 |
| 12,000.00 | 4,800.00 | 1,39,200.00 | 8,36,360.40 |
| 12,500.00 | 5,000.00 | 1,45,000.00 | 8,71,208.75 |
| 13,000.00 | 5,200.00 | 1,50,800.00 | 9,06,057.10 |
| 13,500.00 | 5,400.00 | 1,56,600.00 | 9,40,905.45 |
| 14,000.00 | 5,600.00 | 1,62,400.00 | 9,75,753.80 |
| 14,400.00 | 5,760.00 | 1,67,040.00 | 10,03,632.48 |
| 14,500.00 | 5,800.00 | 1,68,200.00 | 10,10,602.15 |
| 15,000.00 | 6,000.00 | 1,74,000.00 | 10,45,450.50 |
| 16,000.00 | 6,400.00 | 1,85,600.00 | 11,15,147.20 |
| 17,000.00 | 6,800.00 | 1,97,200.00 | 11,84,843.90 |
| 18,000.00 | 7,200.00 | 2,08,800.00 | 12,54,540.60 |
| 19,000.00 | 7,600.00 | 2,20,400.00 | 13,24,237.30 |
| 20,000.00 | 8,000.00 | 2,32,000.00 | 13,93,934.00 |
Tax free & taxable pension with one time / regular investments
Pension Schemes
| Name | Jeevan Akshay | Jeevan Umang | National Pension Scheme |
MF Pension scheme |
|---|---|---|---|---|
| Income Range | 7 to 7.75% | 8% on Sum Insured | Mkt Linked Gsec/Debt/Equity |
Mkt Linked Gsec/Debt/Equity |
| Contribution | One Time/Multiple | Regular | Regular | Regular |
| Contribution Period | Single | 10/15/20 Years | Till 60 Years of Age | Till 60 Years of Age |
| Pension to Spouse | As per Opted Scheme | No | No | No |
| Tax on Income | As per Slab | Tax Free | As per Slab | As per Slab |
| Death before vesting | Corpus to Nominee | Sum Insured to Nominee |
Corpus to Nominee | Corpus to Nominee |
| Entry Age | 40 Years | 10 Years | 18 Years | 18 Years |
| Pension Age | 40 Years | At the end of Tenure | 60 Years | 60 Years |
| Death After vesting | As per Opted Scheme | Sum Insured to Nominee |
Corpus to Nominee | Corpus to Nominee |
Govt. Schemes with guaranteed returns
| Rates are subject to change Qtly or as per notification | |||||
| Name | PPF (Public | Sukanya | Senior Citizen | Monthly Income | Time Deposit |
| Providend Fund) | Samruddhi | Savings | Scheme | ||
| Current rates | 7.1 | 8 | 8.2 | 7.4 | 6.80 to 7.50 |
| Income Frequency | Credited PPF a/c on 1 Apr | Cumulative | Mar/Jun/Sep/Dec | Monthly | Annual |
| Change of rate | By Govt. notification | By Govt. | On Maturity | On Maturity | On Maturity |
| notification | |||||
| Tax benefits | 80C | 80C | 80C | Nil | Nil |
| Tax on Income | TaxFree | TaxFree | TDS if Int > | Taxable No TDS | Taxable No TDS |
| 10,000/-.f.y. | |||||
| Scheme Duration | 15 yrs + 5 yrs Blocks | Girl Child attaining | 5 Years | 5 years | 1 to 5 yrs |
| (unlimited) | 21 years | ||||
| Contribution | 500p.a. to 1.50Lacs | Yearly for 15 Years | One Time / Multiple | One Time / Multiple | One Time / |
| F.Y. | upto 30 Lacs | upto 9Lac in single / 15 lacs in joint a/c | Multiple | ||
| Premature withdrawal | After 5 yrs subject | 18 Yr age/10th pass | After 1 year with | After 1 year with | After 1 year |
| to conditios | Penaulty | Penaulty | |||
| Loan | 3rd to 6th year | No Loan | No Loan | No Loan | No Loan |
| Int % on Loan | 1% extra | N.A. | N.A. | N.A. | N.A. |
| Age | Any Age | Girl child Age < | 60+ | Any Age | 10 year + Age |
| 10 yrs | |||||
| Old Rate Jan-Mar23 | 7.1 | 7.6 | 7.4 | 6.6 | 5.50 to 6.70 |
| Old Rate | 7.90% | 8.40% | 8.60% | 7.60% | 6.90 to 7.20 |
scheme offers guaranteed life pension after age 60
Joint Life Pension Scheme For Young Citizen
Important amendment for APY scheme wef 1st Oct 2022.
The eligibility criteria in the Atal Pension Yojana Scheme (APY) which was launched on May 9, 2015 has been changed. According to the new criteria, any citizen who is or has been an income-tax payer, shall not be eligible to join APY after October 1, 2022.
The government has said that the new rule related to Atal Pension Yojana will be effective from October 1, 2022. Before this date all the taxpayers of the country should invest in the Atal Pension Scheme to enjoy the benefits.
Unique pension plan has features like
- Entry Age 18 Years to 40 Years
- Premium payable monthly till 60 years of age
- chosen Guaranteed pension of Rs.1000 to Rs.5000 for life from age 60
- Guaranteed pension for spouse after death of purchaser
- on death corpus paid back to nominee
Age wise Premium Rates for various pension options
| Age | Years to invest
|
1000 | 2000 | 3000 | 4000 | 5000 |
|---|---|---|---|---|---|---|
| 18 | 42 | 42 | 84 | 126 | 168 | 210 |
| 19 | 41 | 46 | 92 | 138 | 183 | 228 |
| 20 | 40 | 50 | 100 | 150 | 198 | 248 |
| 21 | 39 | 54 | 108 | 162 | 215 | 269 |
| 22 | 38 | 59 | 117 | 177 | 234 | 292 |
| 23 | 37 | 64 | 127 | 192 | 254 | 318 |
| 24 | 36 | 70 | 139 | 208 | 277 | 346 |
| 25 | 35 | 76 | 151 | 226 | 301 | 376 |
| 26 | 34 | 82 | 164 | 246 | 327 | 409 |
| 27 | 33 | 90 | 178 | 268 | 356 | 446 |
| 28 | 32 | 97 | 194 | 292 | 388 | 485 |
| 29 | 31 | 106 | 212 | 318 | 423 | 529 |
| 30 | 30 | 116 | 231 | 347 | 462 | 577 |
| 31 | 29 | 126 | 252 | 379 | 504 | 630 |
| 32 | 28 | 138 | 276 | 414 | 551 | 689 |
| 33 | 27 | 151 | 302 | 453 | 602 | 752 |
| 34 | 26 | 165 | 330 | 495 | 659 | 824 |
| 35 | 25 | 181 | 362 | 543 | 722 | 902 |
| 36 | 24 | 198 | 396 | 594 | 792 | 990 |
| 37 | 23 | 218 | 436 | 654 | 870 | 1087 |
| 38 | 22 | 240 | 480 | 720 | 957 | 1196 |
| 39 | 21 | 264 | 528 | 792 | 1054 | 1318 |
| 40 | 20 | 291 | 582 | 873 | 1164 | 1454 |
| Corpus payable to nominee on death | 170000 | 340000 | 510000 | 680000 | 850000 | |
NPS in association with
National Pension Scheme
National Pension Scheme Also for Individuals
- Get Additional Tax Benefit
- Contribute as per your convenience
- Choose your Pension Provider
- Enjoy tax free withdrawals
- Earn life time pension
- Auto asset allocator option available
Basic Requirements
Following are the conditions under which you are eligible to invest in NPS:
- You are a citizen of India (resident or non-resident)
- You are between 18 to 70 years of age as on the date of submission of your NPS application.
- You comply with the Know Your Customer (KYC) norms as detailed in the Subscriber Registration Form.However, below are certain conditions under which you are not eligible to invest in NPS:
Undischarged insolvent , Individual of unsound mind, Pre-existing account holder under NPS
Investment Choices
NPS gives you the freedom to invest your money as per your choice.
It offers 2 options to choose from basis your comfort – Active choice and Auto choice.
If you are someone who likes complete control of your investments, this is a perfect choice for you. Here you can decide the distribution of your money basis your expected returns.
For your ease and convenience NPS gives you an option to plan for your retirement with an auto choice. Here, basis your requirement.
You can choose between 3 life cycle options:
- LC 75 –This lifecycle offers you higher returns at a higher risk.
- LC 50 – This lifecycle offers you moderate returns at moderate risk.
- LC 25 – This is a low risk- return option.
- Reallocation among the asset classes shall take place on your date of birth every year.
- You may change your preference only twice, at any time during the financial year
Basis what you choose, your money will be invested in various asset classes. The distribution percentage of money is mentioned below:
Partial Withdrawal
NPS offers you the freedom to withdraw your money in case of any immediate financial requirement. You can avail this facility three times post you complete 3 years in the system. You can withdraw 25% of your contribution. However, you cannot withdraw any money from your employer’s contribution and the interest generated on it.
You can withdraw in case of below mentioned reasons:
- Education and marriage of your children
- Construction or purchase of residential property
- If you are diagnosed with a critical illness like cancer, ailments related to heart, kidney, liver, etc.
- If you are starting a new business
Exit From NPS
Exit on Retirement
- You can withdraw 60% of the total accumulated amount as a lump sum completely tax free.
- At least 40% of the accumulated pension corpus will be utilised to purchase an annuity through which you will get your monthly pension.
- In case, the total pension amount is less than or equal to Rs.5,00,000 on the date of your retirement; you can withdraw the entire amount as a lump sum.
Before Retirement Exit
- You can withdraw 20% of the total accumulated amount as a lump sum.
- At least 80% of the accumulated pension wealth will be utilised to purchase an annuity through which you will get your monthly pension.
- In case, the total pension amount is less than or equal to Rs.2,50,000 on the date of your exit; you can withdraw the entire amount as a lump sum.
On Death before pension vesting
- If the subscriber belongs to the corporate sector and retail, the pension wealth will be given to the nominee.
- If the subscriber belongs to the government sector, then the pension wealth will be settled as per the Government directives.
Govt. Insurance Schemes