Need A Financial Product › Forums › Insurance › Is it wise to invest in Max Endowment Policy

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  • August 25, 2014 at 11:53 pm #47047
    samkapoor77
    Keymaster

    I want to invest Rs. 5, 00,000. Somebody suggested me to invest the amount in Max endowment policy of PNB. If I contribute Rs. 60,000 annually for next 5 years then I will get Rs. 4, 60,000. The rate of interest is 11%. I don’t want to fall for the offer today and crib at a later stage. What will you suggest?

    August 29, 2014 at 2:02 pm #47048
    samkapoor77
    Keymaster

    By investing in Max endowment policy, you will surely come back here cribbing on your decision. Look for some other alternatives like FD, MF, etc. Do your research and then invest in the right avenue.

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