
This chart is a presentation of various options for the 'inflapro' for investment at the specified rate of interest say 8.75% p.a. for a specified period of say 20 years.

If one time investment is of 1L rupees then all the percentage on this chart is applicaple on default of 1L rupees.

Option 1,2,3 are based on present conventional EMI method. Even though I called EMI, in this chart it is equal instalment annually or Half yerarly etc as per choice.

In option 1 the pension starts at end/beginning (as the case may be) of first year and continues with the static pension for the entire period of term. Further pension /maturity value may be applicable as the case may be.

In option 2 the pension starts at end of moratorium2 and continues with the static pension for the entire period of term. Further pension /maturity value may be applicable as the case may be. The surrender value is higher than option 1.

In option 3 the pension starts at end of moratorium3 and continues with the static pension for the entire period of term. Further pension /maturity value may be applicable as the case may be. The surrender value is higher than option 1 and optio 2.

Option 4 to 12 are all based on inflation protection to customers.

Option 4,5,6 are similar to option 1,2,3 discussed earlier but for the difference that the pension for the year is 10% higher than the previous year with first year pension as lower than Equated rate and in later years it is quite higher. Further pension or maturity/surrender value after the will be same as that shown in option 1,2,3.

Option 7,8,9 are some modification of option 4,5,6 so that the customer gets further pension at the same full rate as what is paid on the last year of the term and the maturity/surrender value also differs and is much higher than option 4,5,6.

Option 10,11,12 are some modification of option 4,5,6 so that the customer gets further pension at the half rate as what is paid on the last year of the term and the maturity/surrender value also differs and quite comparable to 4,5,6.

Option 13 is the cumlative figure and is having the highest yield option.

As the various options are betterment than simple option 1 of equal payouts, the author suggests a bonus for various options with term 20 yrs or more and the highest bonus is for cumulative option in a typical case of 20 years scheme works out to 3.25% every 5 years or 13% at end of term, so that the payout in cumulative option will be around 548% instead of 535% without bonus effectively.

As these are meant for investment of long term nature any premature withdrawal can be penalised if the withdrawal is within 5 years. And suitable rates are suggested for different years. After 6 years the penalty can be nil and bonus be rewarded.

THE PERCENTAGES SHOWN in table of percentages ARE INDICATIVE AND FOR EXACT CALCULATION upto nearest paise for a given INVESTMENT, ONE HAS TO VISIT THE AUTHOR'S WEBSITE www.bnv.bvraghav.com and to register with a valid email id. Then after exausting the limit of number of calculations, one can ask for increasing the limit to the administrator of the site.

One can fill up custom value of principal and mydecimal (for table of percentages) upto accuracy of 5 decimal places.
The inflation constant rate can be selected as per the given options in appropriate box in Custom section.
The Life Expectancy span for LIC and SBI can also be selectable above 85 years at LIC selection table.
Kindly leave all other custom parameters untouched, if you do not have a login registration.
and then click the standard links above for LIC, SBI, HDFC and MUTHAMIZH SANGAM OPTIONS.

This site bnvenkat.com at this page also requires separate registration/login for custom options.

God bless one and all.
For LIC PENSION SCHEME OPTION (iv) WHICH IS ALREADY A FORM OF INFLAPRO with 3%pa inflation rate PLEASE REFER TO OPTION 4 of the derived CHART