📚Payroll, Excel & Labour Law Courses for career growth: lpt.institute/courses/ 💸DEMAT Account: link.lla.in/Demat Open NPS a/c: labourlawadvisor.in/nps/ Term insurance link.lla.in/Term-insurance Get the Best Life, Health and Vehicle Insurance: link.lla.in/policy
In comparison, by keeping 100% annuity in NPS, U showed more pension in NPS. But, probably u missed to take note that APY is giving guaranteed return of certain predetermined amount to the nominee upon death of the subscriber, while in 100% annuity NPS won't.
I started my job in 2017 and my family member started asking money from me and I gave all the money to them ,I got married in 2019 I have 1 baby now ,and again I have given money to my brothers and father till 2022 ..its 2023 now I am thinking about me and my wife and kid and for my future planning ...I am 29 years old ...I wasted my 5 years just earn and give....what should I do.....I am getting mad.....No one is helping if I ask for money from my father and brothers they always refuse...there is no one in the world....just think about u and ur closer once u start earning money...don't make any mistake as I did
You r too good. One must hv guts to come online and apologize for the mistake. You've got a big heart to do so. With this attitude, one day u will really make big name in investment industry. I must appreciate and kudos to u...wish you all d best for all ur future videos.
This video is based on the assumption that interest rates will remain same after 25-30 years. What if the interest rates goes down to 2-3 percent. Have NPS, but there is no harm in having a small contribution towards APY. Think of it as an additional income as you turn 60.
but the problem in APY is the max pension is only 5000 and if we think of nearly 30 years from now the value of 5000 at that time will be merely 870 rupees at min inflation of 6%
Current Inflation is around 6% now think of it after 25-30 years down the line do you still think current fixed investment rates will be able to address the inflation
5:20 Correction * I joined a APY scheme in Feb 2020 continued till and closed it in March 2021 (due to some reasons). They did return a portion of the total I saved.
Happy Birthday brother. Watching your video on your birthday, the same one wherein you call your birthday out and ask the viewers to check if it's your birthday today and then wish you. Doesn't get better than this. Kudos brother, have a good year ahead.
The STRONG fin DEVP POWER of compound with SUCCESSFULL plan available in NPS. NPS Means GOOD Retirement plan Growth is GOOD Fin SAFETY in old age. Thank you LLA.
Thank you sir Me. Khud icici Prudential pension ka employee hu or NPS Ac open karna or annuity karna MP me pure mera kam h pr aaj aapka video dekh ke bhohat khusi hui isse customer sahi fesla le paynge again thank you🙏
Two things which were not considered while comparing with NPS is that in case of APY, after death of Subscriber, pension will be continued for spouse and second thing is the corpus amount for nominee.
What will our spouse do with 5,000 pension after our death, better to take term plan for spouse. 5,000 rupees even after 10-15 years will be nothing keeping inflation in mind.
Hello Sir just wanted to give an update From 1st October 2022 Taxpayers are not allowed to enrol in APY, if you do then your account will be closed and any premium paid will be reverted back without any internet or benefit Taxpayers who joined before 1 oct 2022 can continue with their APY and can avail tax benefits for premium paid under 80C Thank You
Brother you are doing really a great work and efforts for us. I have a request, please make a detailed video for Postal Life Insurance ( PLI & RPLI) it will be very beneficiary for Small investors and villagers 😇😇
5:45 par aapne bola ki agar pension holder ki death ho jayegi to pension Spouse ko milega lekin pansion to 60 saal ke baad milegi aur agar Spouse ki death ho pension holder se pahle ho gayi tab kya hoga aur ha, pension Holder ki death 60 saal se pahle ho gayi tab kya hoga bahot confusion hai
Thank you for making this clear .i was thinking about choosing APY before but i will switch to a batter option after watching your more investment videos .🙏👌
Thank you sir for making this informative video . I m 18 years old . Today I heard about this word APY and NPS in bank . I was very about this scheme but you clear my doubts .
Axis bank activated APY without even having notifying me. Now they're deducting money in the name of APY. They also put my mom's name as my spouse name. smh
i watched your videos and received good knowledge but on one part of the video which is "Annuity rate" which you have taken as 6% by default. My concern is in future the interest rates will go downward only, as the cumulative inflation will go downward only. we may see Interest rate below 1 percent in coming 20-30 years. so, annuity rates will also go around 1%. Don't you think so. Because of this APY must be taken, nps is secondary as if anyone wants to invest more. Kindly correct if i am wrong. Current Annuity rate is around 5% (approx.)
I was working previously in a private sector & opened a APY for 5K scheme & now that I have secured a govt job which has GPF facility. So will that be a problem to run apy & gpf @ the same time? Kindly reply what should I do now.
I work in bank. Recently joined. My bank opted for NPS instead of EPF. so now, there is 2700/- from each of us (total ~5800/-) in each month to NPS and I have also started APY for 585/- for 5000/-. I think it's a good decision from my side. Come my retirement in 2053. I'll at least get 10000-/ month, bt considering Inflation,I know it's nt going to be much. That's why, On my way to Share Market now.
@@roshanpawar8704roshan bhai, if I have personal problem, can I withdraw total amount from NPS but from APY we cannot, we will get only monthly pension?
I think you have wrong comparison in this video. After 10-20 years the annuity plan have maximum interest of 4-5% only. If you check the graph of interest rate on deposit, it will decrease continuously after almost every 10 years. So in my sense you fixed your contribution amount in APY and then remaining you can invest in NPS.
Gm sir , I started investment in nps tier 1 last 5 years back I opened in mutoot fin corp , last 4 year back I opened APY in bank ,but now my nps account is not active as they I mean this mutoot fin corp branch manager told me when I going to invest in nps , please help me whether I should continue both
What APY is promising is minimum pension amount. If they are able to realize good returns on the corpus, they will pay that excess amount over 5K. In that scenario, APY may be comparable to NPS too.
sir i have one question, suppose husband & wife both have APY account for Rs 5000 then at the age of 60 one of them is die then will any one of the Survivor get Rs 10000 pension?
Can you please make a video on What are the death benefits of NPS ? -Before retirement and after retirement, and is there any benefit if someone dies on same year when he took NPS ?
Sir, I wanted to upgrade my APY account, but due to lockdown couldn't do it in this April. Is there any way to do it now or I have to wait for next April.
I'm glad you think ahead. Which is why one must keep increasing the contributions every year to cover for this. Why contribute a fixed amount? If your income increases, your investments should, too. Also, i do pick NPS over APY, but i am also a big fan of stock markets and mutual funds. Not all eggs are in the same basket :)
@@LabourLawAdvisor but sir you r guiding people so you should clarify regarding annuity so ur comparison show NPS better while APY is more better in terms of pension I think in next video you should clarify
I have invested in apy as part my debt folio. (Though now income tax payers can't invest in apy). But that 5000 after 30 odd years will be insignificant, so in current scenario one should avoid apy.
APY me volentry exit ka form bharne ke baad...apko aapki contibution plus interest bhi di jaati hai...bina customer ke death ke.. bas aap is point pe galat ho...baki bhut acha video hai...
One way APY better than NPS that nominee will get a fixed amount after death, which should be considered while calculating the returns. Anyways it is a matter of choice. Thanks for the educational video. Appreciate it.
Hello Sir, I confused about Atal pension yojana Rule. APY rules are we should not have statutory social security scheme and income tax payer but I opened both APY and PMJJBY account in 2013 in the same SBI branch from that day both are auto deducting . My question can I have both APY and PMJJBY account? is PMJJBY affect to my pension in future .? Presently I am not a tax player what if in future my income crossed 2.5? Can you please help answer this question. Thanks in advance.
@@saurabhsendragade3758 I am 33 , i realised the importance of investing in mutual funds and started it from this year Jan.. i regret why haven't I did it from the the time off my first salary.
Yeh sab toh theek hai, what if new government in future change the plan from guaranteed return to non guaranteed? Video banao on risk profile of these pension plans.
1.I think maximum age for NPS is 60 years but you have mentioned 65, please confirm 2. After starting pension after 60 till what year I/spouse Will get pension 3. If I died then shall my wife is eligible for pension. 4. While giving the premium if I died then what is the impact.
Hi Sir I have some doubts regarding NSP & ELSS. Please find some time and answer these. NPS 1. Can we open an NPS account with lumpsum or have to go for SIP only. 2. After paying the amount in the first year, I need to give it again in the second year and so on up to the age of 60. Right! 3. Do we need to pay the same amount we paid in starting I mean have to maintain the consistency or amount can vary depends on us. ELSS 1. If I choose a lump sum amount in the first year(e.g 1,00,000) & locking period of 5 years. Then do I need to pay the same for the rest of 4 years also or only once (first year)? 2. I case I want to give the same amount next year also can I do that into the same account or for next year I have to open another ELSS account. 3. Last but not least, once maturity completed then also if I want to continue with that ELSS amount in the same account. Can I add more amount into that and continue with that. Thanks
NPS: 1. LUMPSUM and SIP both available (for SIP you can give standing instructions to your bank) 2. Every year, you need to put a minimum of 500 to keep NPS Account active 3. No, you can pay different amounts as per your wish ELSS 1. ELSS has a lock in of 3 years, not 5. And no, you can put different amounts each year. Every installment gets locked for 3 years 2. ELSS is not an account, it a mutual fund. You can invest more money in the same mutual fund. 3. Yes, if you want to keep investing money after 3 years, you can. But as i have said earlier, every time you invest money, that will be locked in for 3 years. Example: if i invest 1000 on 1st of every month. Then 1000 invested on 1st January 2020 will be locked till 1st january 2023. On 1st May 2023, i will be able to withdraw total 5000, from jan 2020, feb 2020, march 2020, april 2020, and may 2020. But i will have to wait for one more month to withdraw my june 2020 money, because that money will complete 3 years in june 2023.
मुझे NPS की जानकारी थी तो मैंने APY में इन्वेस्ट शुरू कर दिया और अब मैं NPS में भी इन्वेस्ट करना चाहता हुं क्योंकि मेरी इनकम इतनी हैं की NPS में इन्वेस्ट कर सकता हूं तो क्या मुझे NPS में जाना चाहिए प्लीज प्लीज प्लीज HELP ME 🙏
Bhai mere corona ke time pe toh share market down tha tabhi time wapas aa gaya toh NPS mein 5000 ka 3000 bhi ho sakta par atal mein nahi bhai. Koi mere se sahmat h toh bolo
सर मैंने कल ही यानि 26/02/2021 को PPF account open कराया है, क्या मैंने सही किया ? या मुझे केवल NPS में ही account open कराना था और PPF में नहीं ? pls जरूर बताएं...
I don't think that any annuity plan will give you 6% pension after 30 years so NPS will give lower pension amount as compared to APY for same investment. Please correct me if my understanding is wrong. Thanks.
After 30 years from now can you guarantee 6% annuity. No one can Guarantee that but APY almost guarantee it. Its good 2nd option with a nominal contribution.
APY - fixed return or guaranteed return of course it is less since returns are fixed upfront but it is GUARANTEED . NPS - hawa main ghar . Its not guaranteed. In this case, how it is worth investing in something there is no minimul guarantee ?
agar mera salary se TDS cut hota hai har month lakin meri annual salary hi total 2.5 lacs se kam hai. To woh kata hua TDS wapas kaise milega? Maine 5 year wali FD bhi karwa rakhi hai. To kya mujhe har saal FD dikha ke ITR file karna padega? please help.
Apay gives insurance if in case of death of payer and spouse will get the pension without paying further pending monthly payment, in nps spouse will get only invested amount and it's the Major difference which you missed 😊😊
Sir My husband is a state government service holder. 1.He has pf and would get pension. He has opened APY (5000) as bank suggested. Now will it affect APY pension? 2. Can he now open NPS account? Can a person have govt pension (he might get 3000/month), APY (5000/month) and NPS at the same time? 3. In case we can open three pension accounts, will there be any tax issues? The total monthly pension amount (Govt pension+ APY+ NPS) will be hardly 15000.
Sir pls tell me one thing......kya NPS ka rate of interest coming 20 years me same rahega? If not then, kya humara paisa NPS ke har saal ke rate of interest ke upar vary karega? Kya garrenty hai ki rate girega nehi? Aap ko toh pata hi hai india ke inflation ke bare me.... Also one another point I would like to add. What if I am not interested to invest my money in any annuity (useless) plans? NPS lunga toh jhak marke minimum 40% annuity me dalana hi parega... Then APY is ok na??? Please confirm
Sir, I worked two companies and they created two different accounts in EPF. Now I am jobless. So, my question is can I open the APY scheme. Please reply.
Namaste sirji... Sir, mera EPF ka member hun but humara pension ka provision nahi hai as per EPF rule...mene APY toh le rakha hai but mein aapki video dhekhne ke baad NPS bhi lena chahta hun sath mein apni wife ka APY and NPS lena chahta hun...is it possible sir?? Your answere will surely help us.. thanks sir 🙏🙏
Sir, APY gives a minimum guaranteed pension of Rs. 5000 is what I have heard of. Please comment on it. I guess the pension amount can be more than 5000 also
📚Payroll, Excel & Labour Law Courses for career growth: lpt.institute/courses/
💸DEMAT Account: link.lla.in/Demat
Open NPS a/c: labourlawadvisor.in/nps/
Term insurance link.lla.in/Term-insurance
Get the Best Life, Health and Vehicle Insurance: link.lla.in/policy
Happy birthday
NPS Tax exemption is under section 80 C ? I think there is separate section for NPS pls check.
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In comparison, by keeping 100% annuity in NPS, U showed more pension in NPS. But, probably u missed to take note that APY is giving guaranteed return of certain predetermined amount to the nominee upon death of the subscriber, while in 100% annuity NPS won't.
I appreciate you for your apology in the age where everyone is trying to show off how they are correct. More power to you !
I started my job in 2017 and my family member started asking money from me and I gave all the money to them ,I got married in 2019 I have 1 baby now ,and again I have given money to my brothers and father till 2022 ..its 2023 now I am thinking about me and my wife and kid and for my future planning ...I am 29 years old ...I wasted my 5 years just earn and give....what should I do.....I am getting mad.....No one is helping if I ask for money from my father and brothers they always refuse...there is no one in the world....just think about u and ur closer once u start earning money...don't make any mistake as I did
Well said dear,no body helps in financial trouble,keep patience and start planning effectively
@@vinay23smart right ✅ 👌
Put 5-10% of your income in investing. Eg stocks, bonds, nps. Within 10yrs your investments will grow massively.
😢 Bless you brother.. you opened my eyes 🙏
Same story with me only diff is I am working from 3 years
You r too good. One must hv guts to come online and apologize for the mistake. You've got a big heart to do so. With this attitude, one day u will really make big name in investment industry. I must appreciate and kudos to u...wish you all d best for all ur future videos.
Thanks a lot, Anand :)
And keep critiquing!
@@LabourLawAdvisor
Oil
Ok o.
I am 18 years old and I have NPS account 😅
I will get compounding of 42 years
Thank you to Finance Gurus like you
🧡
This video is based on the assumption that interest rates will remain same after 25-30 years. What if the interest rates goes down to 2-3 percent.
Have NPS, but there is no harm in having a small contribution towards APY. Think of it as an additional income as you turn 60.
but the problem in APY is the max pension is only 5000 and if we think of nearly 30 years from now the value of 5000 at that time will be merely 870 rupees at min inflation of 6%
Current Inflation is around 6% now think of it after 25-30 years down the line do you still think current fixed investment rates will be able to address the inflation
So it's possible to have all those simultaneously? Like apy nps EPF etc.
@@EchoFootballFeelTheGame yes
@@History_bites_shorts always diversify your income apy is very small ammount.
Sir I'm 18 years old and watch your videos last 2 years Thank you to guide me.
5:20 Correction * I joined a APY scheme in Feb 2020 continued till and closed it in March 2021 (due to some reasons). They did return a portion of the total I saved.
What was the maturity amount?
how did you close? please share.... I want to close my APY too
Would be great if you can share the reason?
@@axomplays947par kio band karna ha. Mane to aaj he yojna lee ha.
Happy Birthday brother.
Watching your video on your birthday, the same one wherein you call your birthday out and ask the viewers to check if it's your birthday today and then wish you.
Doesn't get better than this.
Kudos brother, have a good year ahead.
6% annuity schemes are giving currently, what’s the guarantee that after 25 years annuity plans will give 6% returns ?
Happy birthday sir
🎉🎉🎉🎉🎉🎉
Wish God keeps you always happy and healthy so that u can make more educational videos for us
Just want to add 1 point
For NPS tax benefits is upto 50K u/s 80ccb(1B). And for APY is 1.5lac under section 80C.
No..for APY also it is 50k.
Sorry bro ... Apy not capped upto 5000 but its minimum guarantee .. it will be more then 5000 after 60 years ... Apy sabko open karna chahiye
The STRONG fin DEVP POWER of compound with SUCCESSFULL plan available in NPS.
NPS Means GOOD Retirement plan
Growth is GOOD Fin SAFETY in old age.
Thank you LLA.
Can you please tell me the procedure to open the NPS account ?
Thank you sir
Me. Khud icici Prudential pension ka employee hu or NPS Ac open karna or annuity karna MP me pure mera kam h pr aaj aapka video dekh ke bhohat khusi hui isse customer sahi fesla le paynge again thank you🙏
But in APY after expire of the subscriber lumpsum amount is given to nominee. That is profitable right..!
Annuity also provides same
Here i would like to add something... This is also apply for NPS. and getting annuity with NPS.
IN APY, AFTER SUBSCRIBER'S DEATH, SAME PENSION IS CONTINUED TO SPOUSE AND AFTER SPOUSE DEATH, LUMPSUM AMOUNT IS GIVEN TO NOMINEE.
Two things which were not considered while comparing with NPS is that in case of APY, after death of Subscriber, pension will be continued for spouse and second thing is the corpus amount for nominee.
What will our spouse do with 5,000 pension after our death, better to take term plan for spouse. 5,000 rupees even after 10-15 years will be nothing keeping inflation in mind.
Hello Sir just wanted to give an update
From 1st October 2022
Taxpayers are not allowed to enrol in APY, if you do then your account will be closed and any premium paid will be reverted back without any internet or benefit
Taxpayers who joined before 1 oct 2022 can continue with their APY and can avail tax benefits for premium paid under 80C
Thank You
Brother you are doing really a great work and efforts for us.
I have a request, please make a detailed video for Postal Life Insurance ( PLI & RPLI)
it will be very beneficiary for Small investors and villagers 😇😇
Very good request
Happy birthday Mandeep! 🎉 What a coincidence , watching this video on 7th Jan, ,2022.. You mentioned your DOB while filling the form in this video 😃
I guess in APY it is offering minimum guaranteed pension so, there could be some returns at the time of maturity.
Nope. It is fixed pension. Dont think of getting extra over what you have subscribed.
@@Misti067 is there any notification
ittefaq dekho, ye video me bhai ke birthday par hi dekh raha hu. Happy Birthday bro. thanks for the valuable information.
In future APY upgraded to ₹10000/- pension per month, PFRDA consults with GOVT. OF INDIA
5:45 par aapne bola ki agar pension holder ki death ho jayegi to pension Spouse ko milega lekin pansion to 60 saal ke baad milegi aur agar Spouse ki death ho pension holder se pahle ho gayi tab kya hoga aur ha, pension Holder ki death 60 saal se pahle ho gayi tab kya hoga bahot confusion hai
Many many Happy returns of the day... Happy Birthday MANDEEP 💙💚💛
Boss....app Jo negative bat bata ta hua her scheme ka....muja best lagta hey...Love to u bro.
You are wrong. We can voluntarily exit from apy for other reason as well and not only in the case of death
Happy Birthday Mandeep bhai. Or aise badhiya videos banate raho or hum sabhi ko jaagruk karte raho 🙏
Thank you for making this clear .i was thinking about choosing APY before but i will switch to a batter option after watching your more investment videos .🙏👌
Thank you sir for making this informative video . I m 18 years old . Today I heard about this word APY and NPS in bank . I was very about this scheme but you clear my doubts .
Axis bank activated APY without even having notifying me. Now they're deducting money in the name of APY. They also put my mom's name as my spouse name. smh
i watched your videos and received good knowledge but on one part of the video which is "Annuity rate" which you have taken as 6% by default. My concern is in future the interest rates will go downward only, as the cumulative inflation will go downward only. we may see Interest rate below 1 percent in coming 20-30 years. so, annuity rates will also go around 1%. Don't you think so. Because of this APY must be taken, nps is secondary as if anyone wants to invest more. Kindly correct if i am wrong. Current Annuity rate is around 5% (approx.)
Many many Happy returns of the day Brother..
Wish u a very Happy Birth Day.
I was working previously in a private sector & opened a APY for 5K scheme & now that I have secured a govt job which has GPF facility. So will that be a problem to run apy & gpf @ the same time? Kindly reply what should I do now.
No you can have both and now even you can start NPS too
@@vickyjoshiVjs bhai rules kahan se dekh sakte hain...jisme gov job wale bhi APY or NPS donoe invest kr sakte hain...please
@@AshishVerma-hc8ux uski official site se PDF milega ya our video dekhye.. NPS ke liye ek official channels bhi he RUclips me
Watching it a day before your birthday. Happy birthday in advance! Have a great year ahead! 🎂
I work in bank. Recently joined. My bank opted for NPS instead of EPF. so now, there is 2700/- from each of us (total ~5800/-) in each month to NPS and I have also started APY for 585/- for 5000/-. I think it's a good decision from my side. Come my retirement in 2053. I'll at least get 10000-/ month, bt considering Inflation,I know it's nt going to be much. That's why, On my way to Share Market now.
Is it possible to have EPF, PPF, NPS and apy all together?
@@EchoFootballFeelTheGame Yes you can invest in all the schemes. Invest in all.
Pension kitne months ki rahti h
@@RiteshSingh-ec5pu 170 Months (Total 14 Years 2 Months)
@@roshanpawar8704roshan bhai, if I have personal problem, can I withdraw total amount from NPS but from APY we cannot, we will get only monthly pension?
You are best advisor brother .. AISE VIDEOS DEKHNA HAI HUMKO ... OUR BAKI E- SHARMA OTHER SCHEME PE VIDEO BANAO
I think annuity at 6% is a very big assumption as the rate of return after 30-35 years will be very less than what it is today.
Yup...after 30 to 35 years even 5000 rs per month wont be of any value
Sir I am begginer really you are creating an awareness among youngsters regarding to financial security
Be lated happy birthday bro..
I think you have wrong comparison in this video. After 10-20 years the annuity plan have maximum interest of 4-5% only. If you check the graph of interest rate on deposit, it will decrease continuously after almost every 10 years. So in my sense you fixed your contribution amount in APY and then remaining you can invest in NPS.
Gm sir , I started investment in nps tier 1 last 5 years back I opened in mutoot fin corp , last 4 year back I opened APY in bank ,but now my nps account is not active as they I mean this mutoot fin corp branch manager told me when I going to invest in nps , please help me whether I should continue both
I am watching this on your birthday. Thanks for clarifying nps vs apy.
60 saal me baad 5000 ka value 500rs hi hoga aaj ke time ka soch lo pura month 500 me kya kya ayega sabse bakwas yojna hai
What APY is promising is minimum pension amount. If they are able to realize good returns on the corpus, they will pay that excess amount over 5K. In that scenario, APY may be comparable to NPS too.
sir i have one question, suppose husband & wife both have APY account for Rs 5000 then at the age of 60 one of them is die then will any one of the Survivor get Rs 10000 pension?
Yes, because na dene ka rule nahi hain.
Yes survivor will get both the Pension
@LLA YOUR CONTENT LOOKS ONE STOP INSTANT SOLUTION 👌🙏🙏🙏🙏🙏🙏
Sir in APY, there is mentioned minimum Rs.5000/- guaranteed pension we will get but it can increase if fund perform well during the period.
Not at all.. It's fixed and guaranteed
Ap apni wife ka bhea kra saktea ho ager sadi hui ha toh
wah bhai, kya explain kiya h, heads off bhai, really awesome , good going
Your videos are pretty good Mandeep, thanks for the help!
Had a query- can nominee get corpus on members death?
Can you please make a video on What are the death benefits of NPS ? -Before retirement and after retirement, and is there any benefit if someone dies on same year when he took NPS ?
Sir, I wanted to upgrade my APY account, but due to lockdown couldn't do it in this April. Is there any way to do it now or I have to wait for next April.
Don't need to wait..you can apply from NetBanking of any bank..
I also applied before 2 weeks
Thank you for bringing all the detailed information and Wish you a very happy birthday 🎂
Do you really think annuity plan after 35 years will give you 6%?
I bet it will be between 1.5-3 percent.
I'm glad you think ahead. Which is why one must keep increasing the contributions every year to cover for this. Why contribute a fixed amount? If your income increases, your investments should, too.
Also, i do pick NPS over APY, but i am also a big fan of stock markets and mutual funds. Not all eggs are in the same basket :)
@@LabourLawAdvisor but sir you r guiding people so you should clarify regarding annuity so ur comparison show NPS better while APY is more better in terms of pension
I think in next video you should clarify
I have invested in apy as part my debt folio. (Though now income tax payers can't invest in apy). But that 5000 after 30 odd years will be insignificant, so in current scenario one should avoid apy.
Happy Birthday 🎂🎈
Many Many Happy Returns of the day...🎊🎉
APY me volentry exit ka form bharne ke baad...apko aapki contibution plus interest bhi di jaati hai...bina customer ke death ke..
bas aap is point pe galat ho...baki bhut acha video hai...
In your example showing the calculation, APY gives a higher corpus compared to NPS. What about that?
The logo of the laptop attracts more.
Just FYI it's Acer Predator
Helios 300 (2019)
@@LabourLawAdvisor It's a beast anyway.
Please make video on various other pension plans by insurance companies. If NPS is better than those or we can invest in both? I'm 32 years old.
One way APY better than NPS that nominee will get a fixed amount after death, which should be considered while calculating the returns.
Anyways it is a matter of choice. Thanks for the educational video. Appreciate it.
Apy is not eligible to all
Hello Sir, I confused about Atal pension yojana Rule. APY rules are we should not have statutory social security scheme and income tax payer but I opened both APY and PMJJBY account in 2013 in the same SBI branch from that day both are auto deducting . My question can I have both APY and PMJJBY account? is PMJJBY affect to my pension in future .? Presently I am not a tax player what if in future my income crossed 2.5? Can you please help answer this question. Thanks in advance.
Same with me....in pnb😥
I subscribed for APY..
Is it good or bad option
Super brother u are small in age thsn me but i want to tell you i owe u soo much for this gem information and everyone should owe you,proud of you
*5000/- After 30 years, won't even be enough for buying beedi..*
Hmmm 😭
Something is better than nothing
@@saurabhsendragade3758 I am 33 , i realised the importance of investing in mutual funds and started it from this year Jan.. i regret why haven't I did it from the the time off my first salary.
Many many happy returns of the day bro 🎂
good content❤M❤A❤N❤D❤E❤E❤P❤...
Happy Birthday Bro....
Coincidentally I was watching your video on 07 Jan only,😀
Sorry sir me share nahin karunga, mera friend amir ban jaenge
😂
Yeh sab toh theek hai, what if new government in future change the plan from guaranteed return to non guaranteed? Video banao on risk profile of these pension plans.
1.I think maximum age for NPS is 60 years but you have mentioned 65, please confirm
2. After starting pension after 60 till what year I/spouse Will get pension
3. If I died then shall my wife is eligible for pension.
4. While giving the premium if I died then what is the impact.
Great..thank you..aapki vedios hmesha meri confusion dur karti h...
Hi Mandeep, Mere Paas APY account hai aur mai NPS account open karan chahta hu, In this case mere do PRAN number honge kya? - Thanks Avinash
Hi Sir I have some doubts regarding NSP & ELSS. Please find some time and answer these.
NPS
1. Can we open an NPS account with lumpsum or have to go for SIP only.
2. After paying the amount in the first year, I need to give it again in the second year and so on up to the age of 60. Right!
3. Do we need to pay the same amount we paid in starting I mean have to maintain the consistency or amount can vary depends on us.
ELSS
1. If I choose a lump sum amount in the first year(e.g 1,00,000) & locking period of 5 years. Then do I need to pay the same for the rest of 4 years also or only once (first year)?
2. I case I want to give the same amount next year also can I do that into the same account or for next year I have to open another ELSS account.
3. Last but not least, once maturity completed then also if I want to continue with that ELSS amount in the same account. Can I add more amount into that and continue with that.
Thanks
NPS:
1. LUMPSUM and SIP both available (for SIP you can give standing instructions to your bank)
2. Every year, you need to put a minimum of 500 to keep NPS Account active
3. No, you can pay different amounts as per your wish
ELSS
1. ELSS has a lock in of 3 years, not 5. And no, you can put different amounts each year. Every installment gets locked for 3 years
2. ELSS is not an account, it a mutual fund. You can invest more money in the same mutual fund.
3. Yes, if you want to keep investing money after 3 years, you can.
But as i have said earlier, every time you invest money, that will be locked in for 3 years.
Example: if i invest 1000 on 1st of every month. Then 1000 invested on 1st January 2020 will be locked till 1st january 2023.
On 1st May 2023, i will be able to withdraw total 5000, from jan 2020, feb 2020, march 2020, april 2020, and may 2020. But i will have to wait for one more month to withdraw my june 2020 money, because that money will complete 3 years in june 2023.
sir i question h ki APY me nominee ko 8.5 lakh milenge but kya NPS me jo paisa 11lakh bana h vo sara death k bad nominee ko sara mill jaiga?
If a person’s age is 30 years and he is unmarried & he has an APY plan & suddenly he dies then what are the benefits
मुझे NPS की जानकारी थी तो मैंने APY में इन्वेस्ट शुरू कर दिया और अब मैं NPS में भी इन्वेस्ट करना चाहता हुं क्योंकि मेरी इनकम इतनी हैं की NPS में इन्वेस्ट कर सकता हूं तो क्या मुझे NPS में जाना चाहिए प्लीज प्लीज प्लीज HELP ME 🙏
Han
Bhai mere corona ke time pe toh share market down tha tabhi time wapas aa gaya toh NPS mein 5000 ka 3000 bhi ho sakta par atal mein nahi bhai. Koi mere se sahmat h toh bolo
mera auto debit ho raha hai abhi since 4 months.
Opps, belated happy bday mandy bhai
सर मैंने कल ही यानि 26/02/2021 को PPF account open कराया है, क्या मैंने सही किया ?
या मुझे केवल NPS में ही account open कराना था और PPF में नहीं ?
pls जरूर बताएं...
I don't think that any annuity plan will give you 6% pension after 30 years so NPS will give lower pension amount as compared to APY for same investment. Please correct me if my understanding is wrong. Thanks.
Very impressed...but annuity pension rate you have considered 6%...but I hope annuity rate will decrease with time..
Happy birthday Mandeep ji 🎊🎉
Thank u for the videos.
After 30 years from now can you guarantee 6% annuity. No one can Guarantee that but APY almost guarantee it. Its good 2nd option with a nominal contribution.
Han. Aur inflation kun ginega?
APY - fixed return or guaranteed return of course it is less since returns are fixed upfront but it is GUARANTEED . NPS - hawa main ghar . Its not guaranteed.
In this case, how it is worth investing in something there is no minimul guarantee ?
Maine APY 2018me start kia tha abhi 2023 me sarkari naukri lag gayi.... Abhi mujhe kya karna hoga kiuki mera NPS bhi chalu hoga..... Or pehle wala APY kya close karna parega.... Pls reply sir🙏🙏🙏
The thing i hate about nps is the pop extracting charges for the onboarded customers but not enps. We don't even have option to convert the account
LLA is the Best channel .....not like other channels giving GYAAN for 2 hours
agar mera salary se TDS cut hota hai har month lakin meri annual salary
hi total 2.5 lacs se kam hai. To woh kata hua TDS wapas kaise milega?
Maine 5 year wali FD bhi karwa rakhi hai. To kya mujhe har saal FD dikha
ke ITR file karna padega? please help.
Jinki fixed income nhi hai,, farmer hai unhe kaun c scheme lena chahiye..
Apay gives insurance if in case of death of payer and spouse will get the pension without paying further pending monthly payment, in nps spouse will get only invested amount and it's the Major difference which you missed 😊😊
Bhut khub bilkul clearly bataya aapne 👏👏👏
Informative video on NPA v/s APY (Atal pension Yojana ) .Though APY is only for unorganised workers and those between 18-40 ..🙏🇮🇳
Sir
My husband is a state government service holder.
1.He has pf and would get pension. He has opened APY (5000) as bank suggested. Now will it affect APY pension?
2. Can he now open NPS account? Can a person have govt pension (he might get 3000/month), APY (5000/month) and NPS at the same time?
3. In case we can open three pension accounts, will there be any tax issues?
The total monthly pension amount (Govt pension+ APY+ NPS) will be hardly 15000.
Sir pls tell me one thing......kya NPS ka rate of interest coming 20 years me same rahega? If not then, kya humara paisa NPS ke har saal ke rate of interest ke upar vary karega? Kya garrenty hai ki rate girega nehi? Aap ko toh pata hi hai india ke inflation ke bare me....
Also one another point I would like to add. What if I am not interested to invest my money in any annuity (useless) plans? NPS lunga toh jhak marke minimum 40% annuity me dalana hi parega...
Then APY is ok na??? Please confirm
Sir, I worked two companies and they created two different accounts in EPF. Now I am jobless. So, my question is can I open the APY scheme. Please reply.
Namaste sirji...
Sir, mera EPF ka member hun but humara pension ka provision nahi hai as per EPF rule...mene APY toh le rakha hai but mein aapki video dhekhne ke baad NPS bhi lena chahta hun sath mein apni wife ka APY and NPS lena chahta hun...is it possible sir??
Your answere will surely help us.. thanks sir 🙏🙏
Sir, APY gives a minimum guaranteed pension of Rs. 5000 is what I have heard of. Please comment on it.
I guess the pension amount can be more than 5000 also
Just one query...the annuity you will purchase in NPS after 30 years so at that time rate of annuity will be very less than 6%