Retirment Plan:- Sangam City Sakh Sahakari Sanstha Maryadit
RETIREMENT PLAN
Eligibility
Individual (Minor)
Deposit
Minimum 15 Years and 20 Years
Nomination
Available
Premature Closure
Premature payment will be given after deduction of Stationery Charges, Commission & Other charges specified by Society from time to time
Application & Documents
Application Form, Form 60 or 61 (if customer does not have PAN Card);Photograph of depositor/s (2 copies), Proof of address and other detail as per KYC Norms;
Terms & Conditions
1. Entry age from 18 to 40 years.
2. Retirement benefit will be given after the completion of 55 years of candidate.
3. Scheme holder has to deposit monthly installment till he/she attains the age of 54 years.
4. Benefit will be directly credited to the a/c of the scheme holder.
5. In the event of scheme holder dyeing-intestate, benefit will be paid to the legal spouse of the holder.
6. These benefits will go to the holder only if premium has been paid regularly without any break.
7. Installment deposited is non refundable at any circumstances.