*Lastest: Plan will be sold out by 31MARCH2020!*
NTUC Income is back with another tranche* of Capital Plus (CSN4) starting on 24th March.Capital Plus is a single premium, 3-year endowment plan, the premise is very simple:
Guaranteed yield of 2.13% per annum
Funded by Cash or SRS
Guaranteed Issue with no medical check ups required
*tranche simply means a layer of, usually refers to money.
A simple illustration for every $20,000 after 3 years will have a maturity value of $21,305.
Every $1,000 after 3 years will have
guaranteed maturity value of $1,065.25
Main Features at a Glance
Act Quick And Contact Us Below!
This product is usually very popular, each tranche is picked up very quickly and will be fully subscribed within the week if not 1 or 2 days from release.
At time of writing, the interest rates of SSB is 1.46% and the fixed deposit rate stands at 1.45% (based on a 12 month fixed deposit by Maybank).
Last updated on March 29th, 2020 at 07:30 am