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PRESENTED BY RAM SEVAK SEVA SANSTHAN, MANJU NIVASH SANDALPUR MORE PATEL COLONY GALI NO-03NEAR RS GAS AGENCY KHUMRAR GUMTI PATNA-6, CONTACT-Mr. MUKESH-

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Presentation on theme: "PRESENTED BY RAM SEVAK SEVA SANSTHAN, MANJU NIVASH SANDALPUR MORE PATEL COLONY GALI NO-03NEAR RS GAS AGENCY KHUMRAR GUMTI PATNA-6, CONTACT-Mr. MUKESH-"— Presentation transcript:

1 PRESENTED BY RAM SEVAK SEVA SANSTHAN, MANJU NIVASH SANDALPUR MORE PATEL COLONY GALI NO-03NEAR RS GAS AGENCY KHUMRAR GUMTI PATNA-6, CONTACT-Mr. MUKESH- 8294905788

2 SWAVALAMBAN / NPS LITE What is Swavalamban / NPS LITE ? NPS was initially for Government employees, and was later extended to all citizens of India. Recognizing the need to provide income security to marginal income earners and to people from economically disadvantaged sections of society, a scheme has been As part of the Government's initiative towards „Financial Inclusion ‟, The Finance Minister has announced a new scheme called “Swavalamban” to encourage subscribers to take the all important step of saving for their old age, where Govt. of India will also contribute Rs 1000 per year to the pension account. * A New Pension Scheme By Government of India For All citizens of unorganized sector

3 NPS-Lite is a scheme of the Government of India and PFRDA.

4 Objective Of Swavalamaban / New Pension Scheme Is to Make provision of Old age pension for the people of unorganized sector from the Age of 60 Years till life.

5 FEATURES OF SWAVLAMBAN / NPS LITE It is voluntary It is simple It is affordable Investment can be as low as Rs 100 It is –Uniform-single investment plan It is safe-it is regulated by PFRDA It is a Pension Scheme for Subscribers It is based on Defined Contribution System It is Flexible and Transparent system. It is portable-can be operated from anywhere in India It is based on market based returns over long term

6 PRAN CARD Issue of unique Permanent Retirement Account Number (PRAN) to each subscriber with name of account holder, photo and signature. Example : ( not original )

7 Eligibility to join NPS Eligibility conditions for enrolment/opening account: Aged between 18 and 60 years, and Not a member of Employees Provident Fund and Miscellaneous Provisions Act 1952 and/or any scheme for pension

8 Govt.of India- contribution Govt. of India Contribution of Rs 1000 every year till Financial Year 2017-18 in your PRAN card. Eligibility for Govt. contribution: Minimum of Rs. 1,000 and a maximum of Rs. 12,000 per annum of contribution by you in your PRAN card.

9 Pension on investing At the age of 60 Years :- ( a ) The subscriber can withdraw 60% as lump sum, and 40% will have to be annuitized to ensure a minimum pension of Rs. 1,000 per month; ( b ) In case 40% of the corpus is not sufficient to buy an annuity of Rs1000/- pm, the commutation portion can be reduced to that extent.

10 Benefits on death before vesting In case of death of the subscriber the entire money can be withdrawn by his heirs immediately, without annuitizing any portion of the corpus OR they can also opt for annuity provided the fund available is sufficient to provide an annuity of Rs1000/- pm.

11 Corpus in Swavalamban The contributions, net of charges, would be converted to Units depending on the NAV and credited to subscriber’s account. The corpus would be value of the units to the credit of the member. A statement of account of entire transactions and the market value of the corpus will be sent to subscribers, once a year.

12 Average swavlamban / nps chart ENTRY AGE CORPUS at age 60 with monthly investment of Rs. 1000/- Monthly Pension on CORPUS accumulated at age 60 8%10%12%8%10%12% 2522,93,88237,96,63864,30,959135912249538103 3014,90,35922,60,48834,94,96488301339320708 359,51,02613,26,83318,78,8475635786111132 405,89,0207,59,3699,89,255349044995861 453,46,0384,14,4704,99,580205024562960 501,82,9462,04,8452,30,039108412141363

13 How to join the nps scheme To join Swavalamban, the Subscriber should.. Complete the requisite subscription form. Comply KYC norms like: Affix colored photograph Provide photo-identity, Proof of residence Age proof. ● Remittance of contribution along with form

14 WHY JOIN NPS WITH GREATS YOU GET YOUR PRAN CARD 100/- DEPOSIT IN YOUR PRAN CARD NO TENSION OF FILLING FORMS NO TENSION OF BIG QUES SERVICE AT YOUR DOOR STEP MOST OF ALL YOU CAN EARN HANDSOMELY BY JUST PROMOTING SUCH NOBLE CAUSE BY GREATS ONLY

15 Steps to Earn Give all Your KYC documents (self attested) Fill your NPS Lite Form Pay Rs. 800/- to Great Life Marketing Make your PRAN card Promote others the benefits of PRAN Rs 100/- will be deposited in your PRAN card

16 Projected income 4096 * 200 = 8 LACS APP. + GOLD / DIAMNOND MATCHING BONUS


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