NDFA offers income with tax incentives

The five-and-a-half year NDFA Regular Fixed Income Plan July 08 is linked to the FTSE 100 index and offers a fixed annual income of 7.5% per year, with five annual payments of 7.5% and a final payment of 3.75%. Alternatively, investors can opt for a monthly income of 0.6%.

While these fixed income levels are paid despite the performance of the index, capital repayment is dependent on a 50% barrier linked to index performance, which if breached, incurs a loss of 1:1.

The five-year Fixed Income

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