Give yourself and your family a lifetime Financial Freedom By investing into various options To break free from all the future Financial worries
HOUSE CAR INTERNATION ALTOUR What Are Your Financial Goals? KID’S EDUCATION RETIREMENT 2
How Does One Achieve Them? & SAVING INVESTING 3
So Where Do You Invest? INSURANCE MUTUAL FUNDS FD 4
What is Mutual Fund and Why Mutual Fund A Mutual Fund is the trust that pools the savings of a number of investors who share a common financial goal. 5
SIP is a smart and easy way to save money. Systematic Investment Plan (SIP) allows you to make small investment at regular intervals to help you achieve your dreams. ✓ Disciplined Investment Why you should Invest in SIP? ✓ Power of compounding ✓ Small and regular ✓ Long-Term Gains investment ✓ Rupee cost averaging ✓ Ease of investing ✓ Flexibility
How does a SIP works? ASSUMED RETURNS SIP 10% 12% 15% 15% 15% PER MONTH 3 YEARS 5 YEARS 10 YEARS 15 YEARS 20 YEARS 500 21,846 42,691 1,40,096 3,28,305 7,06,861 1,000 43,692 85,382 2,80,191 6,56,610 14,13,721 2,000 87,384 1,70,765 5,60,383 13,13,219 28,27,443 3,000 1,31,076 2,56,147 8,40,574 19,69,829 42,41,164 4,000 1,74,768 3,41,529 11,20,765 26,26,439 56,54,886 5,000 2,18,460 4,26,911 14,00,957 32,83,048 70,68,607 6,000 2,62,152 5,12,294 16,81,148 39,39,658 84,82,329 7,000 3,05,844 5,97,676 19,61,339 45,96,268 98,96,050 8,000 3,49,536 6,83,058 22,41,530 52,52,877 1,13,09,772 9,000 3,93,228 7,68,440 25,21,722 59,09,487 1,27,23,493 10,000 4,36,920 8,53,823 28,01,913 65,66,097 1,41,37,214 Lets assume that you have done SIP of Rs 2000 monthly for 5 years and the selected mutual fund scheme is giving return of 12% (apprx) every year. Your total in 5 year is Rs 120000 but after 5 years you are getting Rs 50765 extra which is your interest earned through money invested. Total amount earned Rs 1,70,765. The longer you will keep the more you will get.
Frequently Asked Questions ❑ Q-Is SIP a Mutual Fund? SIP is a style of investment in mutual funds. It is a vehicle to invest periodically in a fund/scheme of your choice. ❑ Q-what is power of compounding? Power of Compounding. Compounding refers to the reinvestment of earnings at the same rate of return to constantly grow the principal amount, year after year. ❑ Q-what is Rupee cost averaging? It is an approach in which you invest a fixed amount of money at regular intervals. This in turn ensures that you buy more shares of an investment when prices are low and less when they are high. ❑ Q-Why you should do SIP? You should do SIP for a regular savings and achieve short term as well as long term goals. ❑ Q-What are short term and long term goals? Short term goals are like – Car Purchase , Foreign Tour, etc Long term goals like – children marriage, children education, etc. ❑ Q-When is the best time to invest in SIP? There is nothing like a good timing when it comes to investments. It’s more about what you need from that investment. In an SIP, you can automate your transfers, and be hassle-free about the date in a particular month. ❑ Q- Can I apply SIP without PAN CARD ? Yes with us you can apply without PAN but documentation will be different . ❑ Q- How I can apply for SIP? Get the forms download, fill it and attach your documents like Aadhar , Pan card, Photo and send to nearby Net Paisa associates or send directly to us. ❑ Q- How I can make Payment? You can make payment by cheque and online.
FOR 3 YEARS: CHEQUE FAVOURING ‘EDELWEISS AGGRESSIVE HYBRID FUND’ FOR 5 YEARS: CHEQUE FAVOURING ‘EDELWEISS LARGE AND MIDCAP FUND’ FOR 5 YEARS PLUS: CHEQUE FAVOURING ‘EDELWEISS MULTICAP FUND FOR PAN CARD HOLDER SINGLE CHEQUE IN FAVOUR Of ”INDIAN CLEARING CORPORATION LIMITED” BY DEFAULT, SIP ACCOUNT WILL BE OPENED FOR INDEFINITE PERIOD UNLESS REQUEST FOR STOP IS GIVEN.THIS HELPS IN LONG TERM WEALTH ACCUMULATION.
Opt for Fixed Deposit and let your savings grow with high stability and safety of principal amount. With no influence of market conditions fixed deposit enables you to take control of your investments with flexibility and offers guaranteed returns . Why FDs? ✓ Fixed deposits are one of the oldest and safest investment instruments. ✓ The interest rates on fixed deposits are higher than the interest provided on savings account or current account balances. ✓ It has no influence of market which gives risk-free and guarantees fixed returns.
Company Overview : • Bajaj Finance Limited is a 31 year old non-banking finance company (NBFC) with a demonstrated track record of profitability • Focuses on Consumer, Rural, SME & Commercial lines of businesses • Present across 867 urban locations and 869 rural locations covering 1,736 locations in India with over 84,700+ distribution points • The company has 1,09,930 crore of consolidated assets under management as of 31 Dec 2018 and it delivered a post tax profit of 1,060 crore in Q3 FY19 • Net NPA 0.64% in june 19. Features: • The Bajaj finance FD is rated FAAA / Stable by CRISIL and MAAA (Stable) by ICRA making it the safest deposit scheme with utmost security of the money invested against any volatility • Higher interest rate • 0.35% additional interest rate for senior citizens • Hassle free maturity process
Company Overview • The company is one of India’s leading non -bank finance companies focused on the rural and semi-urban sector • The company provides employment to over 16,000 people in over 1000+ branches across India and is currently servicing over 3 million customers • The net worth of Mahindra Finance is around 16.5 billion dollars. The company has a host of services in sectors other than the banking domain too. Tractors, utility vehicles, consulting services, defense, energy, logistics, real estate and steel are some of those Features • Higher interest rate • The MF Fixed Deposit has a Crisil rating of 'FAAA', which indicates a high level of safety • 0.25% additional interest rate for senior citizens • Instant loan against fixed deposit. • Hassle free maturity process
Frequently Asked Questions ❑ Q-How I can apply? Get the physical form from nearby store or download the form from Net Paisa site. Fill the complete form and attach attested documents like – aadhar card, pan card, photo, cheque. Send directly to us or nearby store. ❑ Q- What are the schemes of deposits available? Cumulative-Interest is compounded annually. Interest earned get at time of maturity. Non-Cumulative- you received the interest monthly, quarterly, half-yearly, yearly basis dependent on your preference. ❑ Q- What is the minimum deposit amount and tenure Minimum deposit amount is 10 k and tenure is 7 days to 5 years ❑ Q- Can a joint account be maintained? Yes a joint account can be maintained. ❑ Q- Can a company invest in FD? Yes a company can invest in FD but procedure will be different. ❑ Q-In case if there is an urgent need for money, can a withdrawal be made from deposit? According to the direction of RBI, no withdrawal of Deposits can be made within three months from the date of Deposit/renewal of Deposit.
PROCESSING TIME: COMPLETED FORMSALONG WITH CHEQUES WILL BE PRESENTED AT MAHINDRA/BAJAJ OFFICE ON T+1 DAYS (BUSINESS WORKING DAYS) FIXED DEPOSIT DATE TO BE CONSIDERED AS DATE OF CHEQUE CLEARANCE OR WHEN THE MONEY IS CREDITED IN MAHINDRA ACCOUNT OR BAJAJ FINANCE ACCOUNT. FIXED DEPOSIT HARD COPY COURIER REACHES CUSTOMER’S REGISTERED ADDRESS IN 15 DAYS .
Life Insurance Ensure regular investment and security for life by purchasing a life insurance policy.We are offering solutions that combine savings and protection, for different life stages. Buy the right product now based on your needs and lead a stress-free life. NEW CHILDREN'S MONEY BACK PLAN LIC NEW ENDOWMENT PLAN All parents intend to give their bundles of joy the best of everything. A child insurance plan ensures that they keep Endowment plans are life insurance running towards their dreams and not financial hurdles. policies with dual purpose. An Your child looks up to you and depends on you for love, endowment policy can be used by you protection and support. As a parent, you wish to provide to build a risk-free savings corpus, your child with the best in life. A New Children’s Money while providing financial protection for Back Plan is one of the best avenues for you to start family in case of an unfortunate event. saving systematically so that you can secure your child's This simplicity of an endowment plan future needs. Be it higher education, his or her first home has over the years made it an attractive or any other requirement, you will always be there for your savings plan for all child when he or she needs you.
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