The Reliance Retirement Fund (RRF) with SVC Bank aims to secure for you a happy and stress free days post retirement, with its comprehensive investment solutions. It facilitates investments into equity-oriented schemes during the early stages of life, hence helping its investors accumulate a healthy corpus, to continue living life on their own terms post retirement.
Reliance Retirement Fund Highlights:
- One stop Equity and Debt Oriented Retirement Solution
- Begin to plan your Retirement with a very small investment of Rs. 10,000/- onward annually
- Two Investment Options: Wealth Creation Scheme and Income Generation Scheme
- Minimum advisable age to start investment is 20 years and Maximum Age is 55 years
- Flexible Investment Tenures: 5 years, 10 years, 15 years
- Liquidity and Flexibility: Withdrawal Option after 5-year lock-in (as per applicable exit load charges)
- Regular Pension through automatic redemption of units (SWP) on or after 60 years of age
- Enjoy Tax deductions for investments up to Rs. 1.5 Lakhs u/s 80C of the Income Tax Act, 1961
- First notified scheme with an option to invest up to 100% in equities
For further details, contact our representatives at your nearest SVC Branch.