Here’s how pension plans in India work: Guaranteed Maturity Benefit: The Maturity Benefit that a policyholder is eligible comprises of either the fund value or 101% of the total premium paid, whichever is higher. Guaranteed Death Benefit: If the policy is not in discontinued status, it carrie...
TheAtal Pension Yojana(APY) is a government scheme introduced to provide a pension program specifically for the unorganized sector in India. It aims to offer financial protection to individuals from unforeseen events such as illness or accidents. The contributions made under this pension program are ...