NTUC Income’s Capital Plus is a single premium 12 months policy with a guaranteed yield of 2%.
It is only available to existing NTUC Income’s policy holders and can be purchased with cash or SRS savings. The minimum purchase amount is $10,000.
There is also a small death and total and permanent disability (TPD) benefit of 105% of the premium amount.
If you are looking for fixed deposits at the moment and are also an Income policy holder, the Capital Plus with an interest of 2% is a worthwhile alternative.
Please note that the application will close on 31 July 2008 or when the cap of $150 million is reached.
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lioninvestor says:
December 11, 2008 at 6:29 am (UTC 8)
Offering for Dec 2008:
http://www.martinlee.sg/ntuc-income-capital-plus-promotion/
NTUC Income Capital Plus Closing | Den of The Lion Investor says:
July 31, 2008 at 8:40 am (UTC 8)
[...] a note to share that the subscriptions for Capital Plus has crossed $150 million yesterday. However, NTUC-Income will still accept any application recieved [...]