Principal/Purchase amount should be greater than Rs.10000
Note for bnv/admin only:cust alphanum&spl and corresponding 11 j21 16 !7 allowed
Note: Rate of interest should be in the range 0% to 25% per annum
immediate payment option 1 means pension payout starts at the date of
investment and 0 indicated the pension payout is on end day of the compounding period (say month).
Payout option can be yearly or halfyearly or quarterly or monthly.
Term years can be in the range 1 to 99.
Nil pension means no pension after the term and no return of purchase price (ROP). For a growth option
proportional to the inflation protection, one can specify auto. In case of 'auto' (recommended),
the further payment as well as ROP is calculated automatically.
Deault pension means further pension after term is conventional uniform value.
Full pension means further pension after term is 100% of last pension drawn.
The ROP will be calculated accordingly.
Half pension means further pension after term is 50% of last pension drawn.