New Delhi: If you don’t want to take a lot of chances, Post Office is a good place to invest your money. Post Office is a secure platform that offers a good return in exchange. One such scheme is the Post Office Gram Suraksha Scheme, which has low risks and offers high returns. To receive approximately Rs 31 to 35 lakhs at maturity, investors must deposit Rs 1500 each month.
Eligibility and Age Restrictions for the Post Office Gram Suraksha Scheme
The Post Office Gram Suraksha Scheme is open to all Indian citizens aged 19 to 55.This program’s minimum insurance amount may also range from Rs 10,000 to Rs 10 lakh. Investors can receive payments from the Post Office Gram Suraksha Scheme on a monthly, quarterly, half-yearly, or annual basis. Premium payments are subject to a 30-day grace period for investors.
Investors can use the Post Office Gram Suraksha Scheme as collateral to get a loan. You can also cancel the policy three years after joining the program. However, a surrender situation will not benefit investors.
Obtain Rs 35 lakh by putting in Rs 50 per day?
If an investor begins investing in the scheme at the age of 19 with a minimum assured sum of Rs. They will be required to pay a premium of Rs. 10 lakh.1515 per month to earn around Rs.31.60 lakh at 55 years old;Rs.1463 every month to get Rs.33.40 lakh at 58 years old; and Rs.1411 to acquire roughly Rs.34.60 lakh when he was 60.
