The results provided by the calculator are generated on the basis of the information provided and is for assistance purpose only and is not intended to be and must not alone be taken as the basis for an investment decision. Values displayed are illustrative in nature and actual benefit may depend on number of factors, including future investment performance, inflation rate etc. The results shown by the calculator are an approximate guide only. They do not represent either quotes or pre-qualifications for any product and should not be used as exact values for financial planning purposes. Before acting on any information in this calculator, please read the sales brochure and relevant terms and conditions and consider whether it is appropriate for your circumstances.
Unlike traditional products, the linked insurance products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender / withdraw the monies invested in linked insurance products completely or partially till the end of the fifth year. In linked Insurance products, the investment risk in investment portfolio is borne by the policyholder.
The current costs of education mentioned above are approximate values and are used for illustrative purposes only
The assumed value for your child's education will be 2.5X more for abroad Studies than in India
Assumed rate of return for current savings = 4% p.a.
Arrived corpus is based on the information provided by you and estimated future cost of education. This is an illustrative projection. Inflation rate assumed is subjective in nature
Assumed Inflation rate: 6%