"Madam," the agent, Vikram, smiled. "Your investment in one of our products is maturing madam..."
"Yes, that's right," 43-year-old Bindu smiled and responded.
"We will process it and make sure it reaches your account within 10 days. But meanwhile ma'am, we have this scheme which has been doing very well in the market. If you put in, let's say, about 2 lakhs annually for five years, it will start giving you returns from the 8th year for the next 15 years. So if you see..." And he quickly did a back-of-the-envelope calculation to tell her how she could earn an annual income of x amount, draw a loan against the amount and the final maturity amount with the bonus.
"Yes, that's right," 43-year-old Bindu smiled and responded.
"We will process it and make sure it reaches your account within 10 days. But meanwhile ma'am, we have this scheme which has been doing very well in the market. If you put in, let's say, about 2 lakhs annually for five years, it will start giving you returns from the 8th year for the next 15 years. So if you see..." And he quickly did a back-of-the-envelope calculation to tell her how she could earn an annual income of x amount, draw a loan against the amount and the final maturity amount with the bonus.