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.
Nothing is said to be done or believed in good faith which is done
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