Financial worries HOUSE CAR INTERNATION ALTOUR What Are Your - - PowerPoint PPT Presentation

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 KID’S EDUCATION RETIREMENT

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What Are Your Financial Goals?

How Does One Achieve Them?

SAVING INVESTING

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So Where Do You Invest?

FD MUTUAL FUNDS INSURANCE

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What is Mutual Fund and Why Mutual Fund

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A Mutual Fund is the trust that pools the savings of a number of investors who share a common financial goal.

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.

Why you should Invest in

SIP?

✓Small and regular investment ✓Ease of investing ✓Disciplined Investment ✓Power of compounding ✓Long-Term Gains ✓Rupee cost averaging ✓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
• n 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

• n 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

• ffering 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.

LIC NEW ENDOWMENT PLAN Endowment plans are life insurance policies with dual purpose. An endowment policy can be used by you to build a risk-free savings corpus, while providing financial protection for family in case of an unfortunate event. This simplicity of an endowment plan has over the years made it an attractive savings plan for all NEW CHILDREN'S MONEY BACK PLAN All parents intend to give their bundles of joy the best of

• everything. A child insurance plan ensures that they keep

running towards their dreams and not financial hurdles. Your child looks up to you and depends on you for love, protection and support. As a parent, you wish to provide your child with the best in life. A New Children’s Money Back Plan is one of the best avenues for you to start saving systematically so that you can secure your child's future needs. Be it higher education, his or her first home

• r any other requirement, you will always be there for your

child when he or she needs you.

WHY SHOULD INVEST IN LIC?

✓ Provides Insurance Cover: An endowment policy provides insurance cover during the policy

term.

✓ Lump sum payout: It provides a lump sum payout when the policy matures (i.e. at the end of

the policy term)

✓ Serves with a dual purpose: An endowment policy serves you with a dual purpose as it not

• nly works as an insurance policy but also offers you with long term investment benefit.

✓ Provides you with a Tax Benefit: You are entitled to get tax exemption on both premium payments, maturity and final payouts under the Section 80C and Section 10(10D) of the Income Tax Act, 1961.

✓ Offers Low-Risk Investments: When it comes to investing, endowment policies are

considered as a relatively safer option than other types of investments.

✓ Offers Long-term savings: An endowment policy offers long term savings. You can choose a

policy term ranging from , 15, 20, to 25 years.

✓ Provides option to add riders: With Endowment policies, you get an option to enhance your

policy by opting for additional riders like critical illnesses, waiver of premium, family income benefit, accidental death benefit, and accidental permanent total / partial disability benefit.

✓ Additional Bonuses: Insurance companies also declare bonuses. Here, the bonus is the extra

amount of money added to the proceeds, which is distributed to a policyholder by an insurer.s

PREMIUM CHART 15 YEARS 20 YEARS 25 YEARS AGE 1 lakh 2 lakh 3 LAKH 1 lakh 2 lakh 3 LAKH 1 lakh 2 lakh 3 LAKH 8 7251 14083 22523 5202 9987 14980 4061 7703 11555 9 7256 14093 21140 5202 9987 14980 4066 7713 11570 10 7256 14093 21140 5208 9997 14996 4066 7713 11570 11 7261 14104 21156 5213 10007 15011 4071 7724 11585 12 7266 14114 21171 5213 10007 15011 4076 7734 11601 13 7266 14114 21171 5218 10018 15026 4081 7744 11616 14 7271 14124 21186 5223 10028 15042 4081 7744 11616 15 7276 14134 21202 5228 10038 15057 4086 7754 11631 16 7281 14145 21217 5233 10048 15072 4091 7765 11647 17 7286 14155 21232 5233 10048 15072 4096 7775 11662 18 7391 14364 21546 5343 10268 15401 4206 7994 11991 19 7396 14374 21561 5343 10258 15401 4206 7994 11991 20 7396 14374 21561 5348 10278 15417 4211 8004 12006 21 7396 14374 21561 5348 10278 15417 4216 8015 12022 22 7401 14384 21577 5353 10288 15432 4216 8015 12022 23 7401 14384 21577 5353 10288 15432 4047 7677 11515 24 7401 14384 21577 5358 10298 15447 4227 8035 12053 25 7406 14395 21592 5363 10309 15463 4232 8045 12068 26 7406 14395 21592 5363 10309 15463 4242 8066 12099 27 7411 14405 20071 5373 10329 15493 4247 8076 12114 28 7417 14415 21623 5379 10339 15509 4257 8096 12145 29 7422 14425 21638 5384 10349 15524 4267 8117 12175 30 7427 14436 21653 5394 10370 15555 4278 8137 12206

31 7432 14446 21569 5404 10390 15586 4293 8168 12252 32 7437 14456 21684 5414 10411 15616 4308 8199 12298 33 7447 14477 21715 5430 10442 15662 4329 8240 12360 34 7458 14497 21746 5445 10472 15709 4349 8281 12421 35 7473 14528 21792 5461 10503 15755 4375 8332 12498 36 7488 14559 21838 5481 10544 15816 4401 8383 12575 37 7504 14589 21884 5507 10595 15893 4426 8434 12552 38 7519 14620 21930 5532 10646 15970 4462 8506 12759 39 7545 14671 22007 5558 10698 16046 4493 8568 12851 40 7565 14712 22068 5589 10759 16139 4534 8649 12974 41 7596 14774 22160 5624 10831 16246 4575 8731 13097 42 7627 14835 22253 5665 10913 16369 4621 8824 13235 43 7662 14907 22360 5706 10995 16492 4672 8926 13389 44 7698 14978 22468 5752 11087 16630 4728 9039 13558 45 7739 15060 22590 5804 11189 16784 4790 9162 13742 46 7785 15153 22729 5860 11302 16953 4851 9284 13927 47 7831 15245 22867 5916 11415 17122 4923 9428 14142 48 7888 15357 23036 5978 11537 17306 5000 9581 14372 49 7939 15460 23190 6044 11671 17506 5077 9735 14603 50 8000 15583 23374 6116 11814 17721 5164 9909 14864 51 8062 15706 22558 6193 11968 17951 52 8128 15839 23758 6275 12131 18197 53 8200 15987 23973 6362 12306 18458 54 8272 16125 24188 6459 12500 18750 55 8354 16289 24434 6556 12695 19042

PREMIUM CHART 15 YEARS 20 YEARS 25 YEARS AGE 1 lakh 2 lakh 3 LAKH 1 lakh 2 lakh 3 LAKH 1 lakh 2 lakh 3 LAKH

MATURITY BENEFIT 15 YEARS MULTIPLY SUM ASSURED BY 1.8 20 YEARS MULTIPLY SUM ASSURED BY 2.5 25 YEARS MULTIPLY SUM ASSURED BY 3 MIN/MAX AGE: 08 YEARS TO 55 YEARS MAXIMUM AGE AT MATURITY: 75 YEARS MINIMUM: 1 LAKH AND MAXIMUM NO LIMIT BENEFIT ON DEATH: SUM ASSURED + BONUS ACCIDENTAL BENEFIT: DOUBLE THE SUM ASSURED POLICY LOAN: AVAILABLE AFTER 3 YEARS

NEW CHILDREN'S MONEY BACK PLAN

SUM ASSURED AGE 1 LAKH 2 LAKH 3 LAKH 5 LAKH TERM(25- age

• f child)

4521 8625 12937 21040 25 1 4726 9034 13552 22064 24 2 4952 9485 14228 23190 23 3 5213 10007 15011 24496 22 4 5510 10601 15902 25981 21 5 5837 11257 16885 27619 20 6 6211 12004 18006 29488 19 7 6631 12844 19266 31588 18 8 7107 13797 20695 33969 17 9 7645 14872 22308 36657 16 10 8254 16090 24136 39704 15 11 8818 17217 25826 42520 14 12 9616 18815 28222 46514 13 MATURITY BENEFIT AT AGE 18 20% OF SUM ASSURED AT AGE 20 20% OF SUM ASSURED AT AGE 22 20% OF SUM ASSURED AT AGE 25 40% OF SUM ASSURED + BONUS BONUS FACTOR AT MATURITY 25 2 24 1.9 23 1.8 22 1.7 21 1.6 20 1.5 19 1.4 18 1.3 17 1.2 16 1.1 15 1 14 0.9 13 0.8 12 0.7

SUM ASSURED 5 LAKHS PREMIUM

• RS. 27619

AGE OF CHILD 5 MATURITY BENEFIT AT AGE 18 20%

• RS. 100000

AT AGE 20 20%

• RS. 100000

AT AGE 22 20%

• RS. 100000

AT AGE 25 40% RS 200000 BONUS + 25 40% AT THE AGE OF 25

• RS. 1000000

Example:

BONUS=500000*1.5 (BONUS FACTOR OF 20 YEARS) = 800000 OTHER BENEFITS LOAN FACILITY IS AVAILABLE AFTER 3 YEARS DEATH BENEFIT : SUM ASSURED + BONUS ACCUMULATED DOCUMENTAION 1PHOTO OF CHILD AND PHOTO OF FATHER OR MOTHER (PROPOSER) 2PANCARD-FATHER OR MOTHER (PROPOSER) 3AADHAR CARD-FATHER OR MOTHER (PROPOSER) 4AADHAR OFCHILD 5SCHOOL ID OR SCHOOL CERTIFICATE COMPULSARY

FAQ's

❑How it is different from Term Insurance? Term insurance protect your family after the death of proposer but in this policy dual advantage is provided – Saving as well as life cover. Proposer is also getting benefits after investing into this policy. ❑Does endowment policy offer tax benefits? Yes , Tax exemption under Section 80C maximum limit 1.5 lakh and tax free maturity under Section 10 (10D) ❑Can I surrender an endowment policy before completion of the policy term? No , You have to continue the policy till it get matured. ❑Can I switch my premium payment frequency from monthly to quarterly

• r between other options?

NO, only annually premium allowed. ❑Can policyholders choose to increase the sum assured during the policy term in the case of endowment plans? Yes, depending on the policy. ❑Can I buy an endowment policy for someone else? Yes you can buy for your spouse or children ❑When can I withdraw life insurance plan with better returns? Only after the maturity according to the premium paying terms you have chosen.

PROCESSING TIME:

• COMPLETED FORMS ALONG WITH CHEQUES

WILL BE PRESENTED AT LIC OFFICE ON T+1 DAYS (BUSINESS WORKING DAYS)

• LIC ISSUANCE DATE COUNTED WHEN

COMPLETE FORM IS APPROVED BY LIC UNDERWRITING TEAM.

• LIC ISSUANCE RECEIPT WILL BE PROVIDED

OVER MAIL/WHATSAPP TONET PAISA.

• LIC POLICY HARD COPY WILL BE PROVIDED

AT NET PAISA OFFICE AT NOIDA FOR FURTHER DISTRIBUTION- TIME DURATION 30 DAYS FROM DATE OFISSUANCE.

FOLLOWING INFORMATION REQUIRED FOR LIC ❖NAME AS PER PAN CARD: ❖PAN NUMBER: ❖DOB: ❖ADDRESS: ❖MOBILE: ❖EMAIL: ❖NOMINEE NAME: ❖NOMINEE RELATION: ❖OCCUPATION: ❖COMPANY NAME/BUSINESS NAME: ❖YEARS IN COMPANY/BUSINESS ❖HEIGHT: ❖WEIGHT: ❖ANY PRE EXISTING ILLNESS: ❖FATHER’S AGE OR AGE AT DEATH ❖MOTHER’S AGE OR AGE AT DEATH ❖BROTHER’S AGES (S) OR AGE(S) AT DEATH: ❖SISTER’S AGE(S) OR AGE(S) AT DEATH:

ALL PHYSICAL FORMS ALONG WITH DOCUMENTS TO REACH BELOW ADDRESS C-276 SECTOR 63 NOIDA –UTTAR PRADESH PIN CODE-201301 PH: 0120-4571285

For any Query or service related issue: You can speak with

Aarti Verma - 07982427847(Senior Manager) Email- aarti@netpaisa.com Nisha Rana -9560327349 (RM)