Senior Citizens Schemes Worried about your future? Today in this article we will inform you about top 6 schemes that will help you to have a secured future. Though, many people focus on making money by actually forgetting about making provisions for a secure future. So, here we are to guide you step by step for a healthy and safe future without any worries. Don’t forget that it’s never too late to start investing, ensure now your source of income after retirement! Top 6 Senior Citizens Schemes by LIC, SBI, HDFC 1. The Pradhan Mantri Vaya Vandana Yojana (PMYVVY) Pradhan Mantri Vaya Vandana Yojana or PMYVVY is a pension plan for senior citizens which is managed & operated by Life...
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Sbi life sampoorn suraksha plan SBI Life Sampoorn Suraksha Plan - Group Protection Plan … The SBI Life Sampoorn Suraksha Plan is a yearly renewable policy specifically designed for organisations which are looking for extensive coverage at affordable costs. This plan caters to a variety of groups like Borrower/Depositor Groups, Employer/Employee Groups, and Professional/Affinity Groups. An important feature of this plan is that it offers financial support to the nominees https://www.bankbazaarinsurance.com/sbi-life-insurance/sampoorn-suraksha-group-plan.html SBI Life Insurance: Avail the best Life Insurance Plans in... SBI Life – Sampoorn Suraksha: The Sampoorn Suraksha from SBI Life is...
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SBI Life Insurance gears up for IPO SBI Life Insurance's paid-up share capital is 100 crore equity shares, having a face value of Rs 10 each. SBI Life Insurance is all set to come out with an initial public offering (IPO), the second life insurer after ICICI Prudential Life Insurance's public issue was issued last September. SBI Life's IPO is likely to see its major shareholder, State Bank of India (SBI), offload 8 percent of its stake. The company's paid up equity share capital was Rs 1,000 crore comprising 100 crore shares with a face value of Rs 10 each. Currently, the two dominant shareholders of SBI Life Insurance are SBI (70.1 percent) and BNP Paribas Cardif (26 percent). Last...
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The NPS is largely focused on one's retirement. While up to 60% of the maturity corpus can be withdrawn as a lump sum on maturity, the balance is compulsorily annuitized, i.e., balance is used to fund the annuity (pension) after retirement. This annuity is fully taxable in the year of receipt as income from other sources. NPS on mobile Application: A mobile app for NPS Subscribers called 'NPS by NSDL e-Gov' is available. The Subscriber can now view their NPS account, scheme holdings, latest Net Asset Value (NAV) and the total value of the schemes through this app. Subscribers can view the transaction statement for a particular financial year, as well as details of last five...
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India Inc Garners Rs 8.7 Lakh Crore from Markets in 2019, Debt Preferred Route New Delhi: Marking a major upswing in fund raising activities, Indian companies garnered Rs 8.7 lakh crore from domestic and overseas markets in 2019 -- up 20 per cent from the previous year -- with debt instruments remaining the most preferred route for financing business needs. Fund raising scenario in 2020 will depend mainly on the state of the market, economic growth, US-China trade war and the Union budget, said VK Vijaykumar, Chief Investment Strategist at Geojit Financial Services. There will be good appetite for debt markets in the new year too due to falling interest rates in the country and RBI making...
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Daily Current Affairs 8 August 2019 for Banking/Insurance/SSC and other related exams. Health ministry sets target to reduce HIV cases by 2020 With an aim to bring down incidence of HIV/AIDS by 20,000 per year for the next two years, the Union Health Ministry is reaching out to targeted areas like prisons and women remand homes as cases in these places are much higher as compared to the general population. e-Rozgar Samachar launched to spread awareness about job opportunities The e-version of Rozgar Samachar has been launched recently by Union Minister of Information & Broadcasting Shri Prakash Javadekar. It has been launched with a view to make aspirants aware of job opportunities in...
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Mullen Lintas’ Latest Work For SBI Life Insurance Posted on SBI Life Insurance Launches New Campaign Targeting Young Indians SBI Life Insurance launched its ‘Main se Hum’ campaign today, establishing a sharp focus on the company’s portfolio of protection products. The 360° campaign targets millennials across multiple platforms including TV, print, outdoor, along with digital and social media. Contrary to popular belief millennials are happy to take on responsibilities of safeguarding their loved ones, as they progress in life. SBI Life’s ‘Main se hum’ campaign positions insurance as a happy responsibility to help millennials progress through various life stages, subtly appealing to...
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SBI Life Insurance Company Ltd in Main Road, Kovilpatti A highly recognized life insurance service provider of India, SBI Life Insurance Company Ltd in Kovilpatti has been catering to the city since 2008. The company is a collaboration between State Bank of India and BNP Paribas Cardif, which are respectively the largest bank of India and a leading global insurance company. The organization has been delivering an extraordinary performance in its field which has helped it to emerge as a prominent insurance company, trusted and preferred by customers from across the country. It offers a plethora of life insurance and pension plans at competitive rates helping it to garner a strong customer...
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New premium collection of life insurers grew by 6.43 per cent to Rs 18,639.29 crore in August compared to the year-ago month, according to the figures released Wednesday by insurance regulator IRDAI. New premium collection of life insurers grew by 6.43 per cent to Rs 18,639.29 crore in August compared to the year-ago month, according to the figures released Wednesday by insurance regulator IRDAI. Life insurance companies had collected a total premium of Rs 17,513.59 crore in August 2017. Of all the 24 life insurance companies, state-owned LIC of India witnessed a decline of 1.94 per cent in its new business premium to Rs 13,122.12 crore during the month. The rest of the 23 private sector...
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by Nischint Chawathe, MB Mahesh & Dipanjan Ghosh; Kotak Equity Research Inching up gradually over the past four months, private sector individual APE growth improved to 16.7 per cent in August 2018. Trends in growth and market share of large private players remained similar to that of previous months—ICICI Life and HDFC Life remained muted with 6-7 per cent individual APE growth, SBI Life was better at 10.4 per cent and Max Life high at 22 per cent. Birla SL and Tata AIA reported stellar 80 per cent-plus growth likely due to their inroads in HDFC Bank. LIC picked up to 12.4 per cent from almost flat performance in the past two months. Tata AIA and Birla Sun Life deliver strong growth...
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