08/03/2020
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*If you looking for tax free income for life time, itβs time to opt HDFC Sanchay Advantage plan.*π°π°
π *Why HDFC Sanchay Par Advatage?*
π° *Benefits:* βββββββββ-
π± *Sanchay Advantage plan has two options: *
*(1)Immediate income:* You can take tax free income next month onwards or Quarterly, Half yearly & Yearly which will come to 100years.
*(2)Deffered Income:* you have to pay certain years & then you can start regular income upto 100years.
π± *Maturity Payout or Surrender benefits:* Inspite of regular income, you can take maturity payout which generate good corpus on long term(say upto 20-25years). Also you can surrender & take your money subject to payment term.
π± *Its a participation plan where investment ratio is 65%(Debts) & 35% (A-Category Equity).*...so we can expect doubles digit tax free return in long term like 15-20years.
π± *Its also work as Mutual Fund MIP (Monthly Income plan) or Annual Dividend plan subject to opted plan option .*
π± *Insurance benefits:* You can avail minimum 10times insurance cover of your annual investment. So money comes tax free in hand under section 10(10(D).
π± *Payment Term:(8,10, &12years):* you can pay for limited term & get benefits subject to payment term.
*Eg:* *(1)Deffered income:* pay βΉ5lakh for 12years & get βΉ6.40lakh on 14years onwards till 100years along with maturity amount Approx 5cr(100years)
*(2)Immediate Income:* Pay for βΉ5lakh for 12years, you will get βΉ2.05lakh next year onwards till 100 years & along with you can generate corpous βΉ7cr.
π *For 8years(Deferred Income)...you will get Approx βΉ3.75lakh on 10th year onwards on payment of βΉ5lakh for 8years.*π°
π *For 8years(Immediate Income)...You will get Approx βΉ1,50,000 on next year onwards on payment of βΉ5lakh for 8years.*