Child Education Planning, a great way to secure your child’s future.
Child Education Plan
Menu
What Is A Child Education Plan
The cost of higher education is rising in India. You must plan for the expense when the child is still young. It gives you the time to accumulate a substantial amount of money when the child reaches college. You must choose the investment that offers return above inflation over some time. Invest your money based on your risk appetite to accumulate the corpus for your kid’s higher education.
Child Education Plans
It requires proper planning to secure your child’s future and facilitate every stage in their lives. Therefore, investing in right instruments and saving for your child’s future is very crucial and should be done earlier in life. This practice helps you to accumulate enough finance, so that you can use it later in life. Remember, your kids’ future is very important. That’s why it is vital that you carefully make a foolproof plan to financially secure the future of your kids.
To plan for your child’s education, you must first determine how much you will need in the future and then save and invest towards the goal, by choosing the right asset mix.
There are several investment options to save for child education needs –
- Child ULIP Plans
- Public Provident Fund (PPF)
- Sukanya Sam Riddhi Yojana (SSY)
- Equity mutual funds
Benefits
- Lump-sum benefit
- Avoid Taking Education Loans
- Partial withdrawals
- Tax benefits
- Benefit of Investment and Protection
Get Started Today
We at GK MF Invest Private Limited serves the people ,with their desired products
New Delhi , India
Our Services are available across Pan India
Benefits Of Child Education Plan
- Child Education Planning shows you the amount you need for your child’s higher education, right now. You can accumulate the corpus based on your time horizon and risk profile.
- You get an idea of the money you must collect to send your child abroad for higher education.
- The calculator helps you to select the best financial instruments to achieve your financial goal.
- You get to know the amount of money you must save every month to cover the future cost of the child’s education.
NRI Investment
Find the right gateway to invest in India!
Child's Marriage Plan
Celebrate the joys in your life by focusing on The Child's Marriage plan
Retirement Plan
Secure retirement in your working years
Vacation Plan
Dream vacation on your mind? invest now and make your dream vacation possible.
Why Child Education plan is important?
The most important advantage of starting your Financial planning early is that it provides you ample of time and a large scope of savings. Doing so prepares you completely to support your child’s needs when he or she needs you the most. If you will prepare yourself for the future, then you will certainly be in a very strong financial position. Moreover, proper planning will also save you from any sort of financial instability in your family during the most crucial years of your child’s career.
Click And Learn
Combined Benefit of Investment &Protection
Some of the best child education plans in India are essentially ULIP plans that offer the dual benefit of life insurance and investments. Your investments, therefore, not only get a chance to grow under the plan but they are also protected from all eventualities in life.
Further, you have the option to strengthen your plan coverage through various riders. These add-ons cover your investments against accidental death and accidental total and permanent disability and help ensure that your child continues to receive the benefits from the plan, even if you haven’t made all the necessary premium payments.
Small and Regular Investments
Popular child education plans from reputable insurers or by using mutual fund allows you to invest small amounts of money regularly. With time, these regular investments are compounded into a handsome amount, which in turn, would help reduce the financial liabilities of your family.
Further, you can be sure to take care of the timely payments of your child’s college fees with the returns from the plan.
Cost of Education
As young professionals and now parents, you would already know how expensive it is to sustain a family and educate yourself.
In the future, education will be even more costly. As your kid would go from school to college, you will have to deal with the ever-increasing tuition fees while continuing to provide for your family and additional cost burden of accommodation, transportation and day to day expenses if your child pursues studies abroad.
Childrens can avoid Taking Education Loans
In India, it is quite common for parents to arrange funds through education loans and fulfil their child’s dreams of studying abroad. As a young parent yourself, you could be paying your education loans right now. Therefore, you would know the drawbacks of having an additional financial liability such as a loan.
With a child education in your investment portfolio, however, you can put your savings to work today. And by the time your child is old enough to go off to college, you would have a large amount ready to take care of their expenses.
Childrens can avoid Taking Education Loans
In India, it is quite common for parents to arrange funds through education loans and fulfil their child’s dreams of studying abroad. As a young parent yourself, you could be paying your education loans right now. Therefore, you would know the drawbacks of having an additional financial liability such as a loan.
With a child education in your investment portfolio, however, you can put your savings to work today. And by the time your child is old enough to go off to college, you would have a large amount ready to take care of their expenses.
Childrens can avoid Taking Education Loans
In India, it is quite common for parents to arrange funds through education loans and fulfil their child’s dreams of studying abroad. As a young parent yourself, you could be paying your education loans right now. Therefore, you would know the drawbacks of having an additional financial liability such as a loan.
With a child education in your investment portfolio, however, you can put your savings to work today. And by the time your child is old enough to go off to college, you would have a large amount ready to take care of their expenses.
Pay Online
Online payment option available in some cases
Investment Update
Get your Investment update
Contact us
Connect with us for any help on personal finance
Review Your Investment
Get help in reviewing your current investments
GK MF Invest Private Limited
Our Services are available across Pan India
Need a personalized solution?
GK MF Invest Private Limited is ready to cater
all your Insurance Requirements
Customer first
Customers and their needs are our first priority. All our insurance plans are tailor made
Community Focused
We give back to our community and get involved with the charities we support.
Passion
We go the extra mile to exceed your expectations, no matter what you need.
Experienced Agents
With extensive experience, we understand what it takes to bring you quality coverage.
We at , GK MF Invest Private Limited serves the people ,with their desired products.
New Delhi , India
House No.103 Daulatpur Village , New Delhi 110043
New Delhi,India