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Home Personal Finance How can you get Rs 19,000 every month with Rs 100?

How can you get Rs 19,000 every month with Rs 100?

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Do you want to make good money every month? But you must know for this. With Rs.100 you can get Rs.19 lakh every month. Going into the full details of this, if you join this scheme, you will get money every month. However you have to tie up Rs 3 lakh per month.

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The scheme was introduced by the Central Government. There are many types of schemes already available and this is one of them. If you join this scheme, you will get a huge amount at once as well as a pension every month. That is why so many people are joining this scheme. You can also get tax deduction with NPS scheme.

Those who join this NPS scheme can get sixty per cent of the money at once after reaching the age of sixty at maturity. Also buy an annuity plan with the remaining 40 per cent amount. Through this the pension comes to hand every month. If a 25-year-old saves Rs 100 per day, that is, if he deposits Rs 3,000 per month in NPS, he can get a pension of Rs 19,000 per month.

This is how to invest. In 60 years, he will get Rs 1.15 crore. We considered a 10 percent return. 60% of the amount can be withdrawn. That means Rs 69 lakh will come to hand at once. The remaining 40 per cent means buying an annuity plan with Rs 45 lakh. And if we calculate under five per cent revenue, it comes to Rs 19,200 per

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