10 replies on this article “Should I go for HDFC NPS Pension Plan ?”

1. ashalanshu says:

   March 2, 2014 at 9:27 am

   Dear Jay, the insurer you are comfortable with is the best. If it’s SBI so be it. If it means LIC, go there. If it means Aviva, purchase from there.

   Thanks

   Ashal

   Reply
2. Jay says:

   March 1, 2014 at 2:28 pm

   You mean option 1 is good right.
   For term plan which ins company is best

   Reply
3. ashalanshu says:

   March 1, 2014 at 2:01 pm

   Dear Jay, RD interest is not tax free. Banks do not apply TDS. It does not mean RD interest is tax free. Please purchase a big term cover first.

   For your investment needs,opt MFs, PPF, FDs etc.

   Option 2 back to square one. OK. I surrender. No need to purchase any term plan. All these things are rubbish. The reason – you w’d purchase an umbrella and if it’s no rain, the shopkeeper should return the money you paid to by the umbrella. 🙂

   Thanks

   Ashal

   Reply
4. Jay says:

   March 1, 2014 at 11:47 am

   Dear Ashal,
   yes this is not enough. please advice which is best option.
   1. Take one term insurance cover from SBI Life and remaining saving invest in MF, PPF ,RD and one more PPF in wife /child name. I heard RD interest is tax free is it correct.

   2. HDFC life new pension plus plan) and Youngster child insurance plan and HDFC life new pension plus plan) and Youngster child insurance plan in MF and PPF
   In option 2 i can consider term insurance of 20 lakh

   Reply
5. ashalanshu says:

   March 1, 2014 at 6:07 am

   Dear Jay, do you think 4L Rs. is enough for next 20-25Y in your absence for your family to meet out all the expenses towards living and education needs of your kid?

   Please think over it.

   Thanks

   Ashal

   Reply
6. Jay says:

   February 28, 2014 at 6:03 pm

   Dear Ashal,
   I am here to get your advice , please do the needful

   Reply
7. Jay says:

   February 28, 2014 at 12:01 pm

   I am under the company medical policy of 3 lakh for myself, wife and daughter+
   1 lakh each for my parents.

   Reply
8. Jay says:

   February 28, 2014 at 11:49 am

   As of now I have only 4 LIC policy sum assured 1 lakh each
   Money back 20 year –
   Marriage endow/edu annuity –
   New Bhhima gold
   Komal jeevan 25 yr

   Kindly advice

   Reply
9. ashalanshu says:

   February 27, 2014 at 11:11 pm

   Dear Jay, what ‘ll happen to your planning for your child and wife if you die tomorrow morning?

   thanks

   Ashal

   Reply
10. Jay says:

    February 27, 2014 at 10:38 am

    My goal is to save money for my retirement (18 yr) and child future in 15 year

    Reply

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