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In the event of the death of subscriber before attaining the age of 60 years, what will be the benefit that is payable and who will get the benefits ?

By IndianMoney , 4 months ago

In the unfortunate event of a subscriber passing away before the scheme is encashed, his/her legal heir/nominee can withdraw the amount accumulated in the account. This amount can be withdrawn in its entirety, as a lump sum and there would be no option to purchase a monthly pension or annuity after the death of the subscriber.

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