2 NB If no Income Tax is to be deducted against the above account please write

2 nb if no income tax is to be deducted against the

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2 N.B:- If no Income Tax is to be deducted against the above account, please write ‘NIL’ to question no.14. ( To be completed by the annuitant and witnessed by the Trustees) 1. I, Shri/Smt SHANKAR KARNAM opt for the following: 2. A. PAYMENT OF PENSION ______________________ 10_ _____________________________ (Mention one of the following types of Pension) B. PAYMENT OF ANNUITY Monthly OR Quarterly OR Half-yearly OR Yearly b. I request you to credit the Annuity payments directly to my Bank Account. Account Number.______________ MICR Number________________ IFSC CODE ____________________ Name of the Bank_______________________ Address of the Bank_____________________ PAN NO____________________ (Enclose a cancelled blank cheque leaf for the above ECS facility). EMPLOYEE SIGNATURE (Signature of the Annuitant) 1 Annuity for life 2 Annuity for life with return of Capital (ROC) 3 Annuity for 5 years certain & Life thereafter 4 Annuity for 10 years certain & Life thereafter 5 Annuity for 15 years certain & life thereafter 6 Annuity for 20 years certain & life thereafter 7 Annuity for life increasing at a simple rate of 3% p.a. 8 Annuity for life with a provision for 50% of the annuity payable to the spouse on death of the annuitant 9 Annuity for life with a provision for 100% of the annuity payable to the spouse on death of the annuitant 10 Annuity for life with a provision for 100% of the annuity payable to the spouse on death of the annuitant with return of purchase price on death of last annuitant
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3 C. NOMINATION I, Shri/Smt. SHANKAR KARNAM , a member of the KIOCL Employees’ Defined Contributory pension Scheme
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  • Summer '15
  • Albert
  • Life annuity, SHANKAR KARNAM

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