Question
As per the APY chart, a 18 year old investor will have
to contribute how much money per month, if he or she chooses ₹5000 monthly pension post-retirement?Solution
As per the APY chart, a 18 year old investor will have to contribute ₹210 per month, if he or she chooses ₹5000 monthly pension post-retirement. APY subscriber is required to continue investing till he or she attains 60 years of age. After that they will get monthly amount as per the chose monthly pension.
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