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My bank’s agent is running after me with a “ICICI retirement income solution” – Should I go for it ?

My bank’s agent is running after me with a “ICICI retirement income solution” where I will have to pay 5000/- every month 5 years then from 12th year onwards I will be getting 80,000/- per year as an income.

I haven’t understood the plan very well and sounds fishy. So I go for it or just ignore?

Will appreciate your advise.

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