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Pension Savings Scheme (PSS)
Features
Duration of 3 years/ 5 years
Income tax rebate
Credit facility up to 80% of deposited principal amount
Can receive full payment after maturity or option for a pension on monthly basis.
Requirement
Photograph 3 copies
Nominee photo 1 copy
Copy of photo ID -NID/DL/Passport
Proof of address copy of utility bill
Fees and Charges
Nil
Maturity Table: Pension Savings Scheme (PSS)
Monthly Installment After 03 Years After 05 Years
500 20,171 36,266
1,000 40,343 72,533
2,000 80,685 145,065
3,000 121,028 217,598
5,000 201,713 362,664
10,000 403,426 725,327
15,000 605,139 1,087,991
20,000 806,852 1,450,654
25,000 1,008,566 1,813,318
50,000 2,017,131 3,626,636
Deposit Product
IFIC Bank offers a wide variety of deposit products to meet your financial needs. From current and savings accounts to Fixed Deposits and Pension Schemes each account is designed to give you the best value for your money.
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Please feel free to contact your nearest IFIC Bank Branch
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