| Exit and Pension Payment |
|---|
| Before 60 Years |
No withdrawal permitted except in the event of terminal disease or death of subscriber |
| After 60 Years |
Pension amount as selected by the subscriber |
| In event of death of subscriber |
Before 60 years - Entire corpus to be returned to the Spouse/Nominee
After 60 years - Spouse will continue to draw monthly pension while Nominee will receive corpus amount in case of death of both subscriber and spous |
Penalty in case of default payment
| Penalty Amount |
Monthly Contribution |
|---|
| Rs. 1 |
Upto Rs. 100 |
| Rs. 2 |
Rs. 101 to Rs. 200 |
| Rs. 3 |
Rs. 201 to Rs. 300 |
| Rs. 4 |
Rs. 301 to Rs. 400 |
| Rs. 5 |
Rs. 401 to Rs. 500 |
| Rs. 6 |
Rs. 501 to Rs. 600 |
| Rs. 7 |
Rs. 601 to Rs. 700 |
| Rs. 8 |
Rs. 701 to Rs. 800 |
| Rs. 9 |
Rs. 801 to Rs. 900 |
| Rs. 10 |
Rs. 901 to Rs. 1000 |
| Rs. 11 |
Rs. 1001 to Rs. 1100 |
| Rs. 12 |
Rs. 1101 to Rs. 1200 |
| Rs. 13 |
Rs. 1201 to Rs. 1300 |
| Rs. 14 |
Rs. 1301 to Rs. 1400 |
Indicative APY Contribution Chart
| Age of Entry |
Years of Contribution |
Monthly pension of Rs. 1000. |
Monthly pension of Rs. 2000. |
Monthly pension of Rs. 3000. |
Monthly pension of Rs. 4000. |
Monthly pension of Rs. 5000. |
|---|
| 18 |
42 |
42 |
84 |
126 |
168 |
210 |
| 19 |
41 |
46 |
92 |
138 |
183 |
228 |
| 20 |
40 |
50 |
100 |
150 |
198 |
248 |
| 21 |
39 |
54 |
108 |
162 |
215 |
269 |
| 22 |
38 |
59 |
117 |
177 |
234 |
292 |
| 23 |
37 |
64 |
127 |
192 |
254 |
318 |
| 24 |
36 |
70 |
139 |
208 |
277 |
346 |
| 25 |
35 |
76 |
151 |
226 |
301 |
376 |
| 26 |
34 |
82 |
164 |
246 |
327 |
409 |
| 27 |
33 |
90 |
178 |
268 |
356 |
446 |
| 28 |
32 |
97 |
194 |
292 |
388 |
485 |
| 29 |
31 |
106 |
212 |
318 |
423 |
529 |
| 30 |
30 |
116 |
231 |
347 |
462 |
577 |
| 31 |
29 |
126 |
252 |
379 |
504 |
630 |
| 32 |
28 |
138 |
276 |
414 |
551 |
689 |
| 33 |
27 |
151 |
302 |
453 |
602 |
752 |
| 34 |
26 |
165 |
330 |
495 |
659 |
824 |
| 35 |
25 |
181 |
362 |
543 |
722 |
902 |
| 36 |
24 |
198 |
396 |
594 |
792 |
990 |
| 37 |
23 |
218 |
436 |
654 |
870 |
1,087 |
| 38 |
22 |
240 |
480 |
720 |
957 |
1,196 |
| 39 |
21 |
264 |
528 |
792 |
1,054 |
1,318 |
| 40 |
20 |
291 |
582 |
873 |
1,164 |
1,454 |
