“Bajaj Allianz New Unit Gain Easy Pension Plus SP”?

My mother 70 years old, she did investment 5 years ago for “Bajaj Allianz New Unit Gain Easy Pension Plus SP”?
My mother 70 years old, she did investment 5 years ago (11-Sep-2006) for “Bajaj Allianz New Unit Gain Easy Pension Plus SP” while doing this investment she was carried away by the agent’s big talks. she was not aware that the sum of this insurance will not be given her life time. the due date for maturity was 11-sep-2011. about one month passed to this date today, she went to Bajaj office, they told her that only 33% she can withdraw. an interest of 7% annually will be given to her on the balance amount
she cannot recover the full funds. If she could have applied 3 months before the maturity date (11-sep-2011) she could have given the full amount. The funds are sent to Pension plan already.
the balance will be only paid after her death to the beneficiary.
She is in dire need of money due to multiple illness and other expanses
Is there is any way that considering her old age & illness the insurance company to give her the investment she has made?
The secunderbad(AP) office is useless they are not ready for any cooperation at all. Unfortunately my mother is not in a shape to move here & there she is heart patient too. The agent who made this policy also left Bajaj Allienz. The agent made her fool, brochure was not given complete information.
The policy schedule also made in such a way that it could not understood by ordinary person. top of this, the schedule is in English and all clauses are binding the buyer not the Bajaj Allianz.
Before the maturity (5 years completion) at least Bajaj Allianz office could have sent the notice whether to continue in Pension fund or to withdraw the sum would have to disappoint in this way. I want to know if she incurred a bit loss, any possibility she can withdraw full funds? Please help.
7 working days are spoiled for approaching Bajaj Alliance office in Secunderabad. Branch manager is not ready to take the application and not answering the call as well. Divisional manager says I am merely an employee, I can not take any responsibilty if head office have not sent any notice regarding the vesting date. the two mail IDS [email protected] and [email protected] —also not answering from two days I sent them mail.

*******[email protected] I sent the message to this e-mail and following response arrived.
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***My telephone is 09676935189
Bajaj offfice got in touch, they said they are looking into the matter.

will the contribution of govt. in new pension scheme be added to my taxable income?

I am a govt. employee under the new contributory pension scheme;govt contributes 10% to my pension fund. Now my DDO says that the govt contribution will also be added as my salary and will be taxable! He further says that i will not be able to get deduction of that amount as my savings coz 80ccd only permits to save 10% of the salary in new pension scheme. It will reach to 20%; if my DDO is right!
My gross salary- 3,00000/-PA {out of it Rs-30000/- deducted as my contribution to pension fund}
Govt’s contribution-30,000/-
What will be my salary- 3,00000 or 3,30000 ???
how much deduction shall i get- 30,000 or 60,000 ???

I’ve question on Employees’ Pension Scheme, 1995?

A. I was an employee of a company where I had rendered my services from 1992 to 2004 when the company declared suspension of work at their unit and thereafter I had tendered my resignation in the year 2009. Now, I’ve attended at the age of 50 years. My questions are:

1: Can I apply for Pension at reduced rate? Porcedure please.
2. Can I withdraw the Pension Fund? Procedure please.

B. Presently i.e., from 2007 I’m working in an another company where also I’m a member of that scheme. After my retirement I would eligible for Pension.My question –

1. Whether there would be any complexity in receiving two pension?

Please guide and suggest.

how can i investment my money to get maximum refund after 30 years and more?

i m 26 year old man, my family consist of 2 child 1 wife and parents, my daughter is 2 year old and son is 3 year old.
my current salary is 26000 pm. and house hold expenses is nearly 13000 pm.
so how can i invest my money to secure my future. and arrange my childrens marrages in future.
i want to invest my money to the following funds
sip, lic, pension fund, and other as u like.

Can I get a refund of my ULIP premium if I cancel my fund within the 15 day free look period?

My father has been duped by an Agent to buy an ULIP when all he wanted was a fixed deposit. He was made to invest in HDFC – Secure managed pension fund. Now the money will be stuck for 10 years. I have learnt that I can cancel the fund and get the money refund within 15 days of receipt of policy documents (15 day free look period). They say that they would refund the money within 15 days of cancelling the fund. Is it true? Can I go for this option? Would they harass me with the refund money?

about sbi life unit plus II pension?

I have invested in SBI life unit plus II pension .I had declared it under 80C ULIP for TDS . But when i got the letter from SBI it is under 80CCC .I called them and they are still saying its under ULIP.
If i declare this under pension fund 80CCC when filing income tax return will it cause any problem