How is HDFC super income plan calculated?

GOPIKA845

How is HDFC super income plan calculated? What are the different factors that affect the calculation of this plan?I am looking for a way to calculate my HDFC super income plan. I want to know how this plan is calculated and what are the different factors that affect the calculation.

goldenbird

The HDFC super income plan is a long-term investment plan that offers a guaranteed monthly income. The income is calculated based on the investment amount, the tenure of the plan, and the interest rate. The interest rate is guaranteed for the first year and is reviewed annually thereafter. The plan offers a life insurance cover and the option to invest in a variety of funds.

brownduck

The sum assured will be equal to the total premiums paid under the policy. The policyholder can choose to receive the sum assured as a lump sum or in periodic installments. If the policyholder chooses to receive the sum assured in periodic installments, the sum assured will be paid out over a period of 10 years.

vaani_rajesh

HDFC super income plan is a 120-month plan that offers you a guaranteed return of 7% per annum. This plan also offers you the facility of a wide range of investment options and the flexibility to choose the tenure of your investment. You can choose to invest for a minimum period of 5 years and a maximum period of 20 years.

Gagan388

The HDFC Super Income Plan is a life insurance policy that provides you with a lump sum amount at the maturity of the policy. The lump sum is calculated based on the sum assured, premium payingterm and the policyholder's age.

Gagan388

The HDFC super income plan is a systematic investment plan that helps you invest in a disciplined manner and enjoy returns through the power of compounding. The plan offers features like monthly income, life cover, and liquidity to help you meet your financial goals. The minimum investment in this plan is Rs. 5,000, and there is no maximum limit. The plan has a tenure of 5 years, and you can choose to receive monthly payouts or reinvest them for compounding. The returns on this plan are calculated based on the performance of the underlying HDFC Equity Fund.