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Invest Rs 50 per month in this Post Office scheme and get up to Rs 35,00,000 at maturity: Gram Suraksha Yojna

The Gram Suraksha Yojna is the most well-known of a number of rural life insurance programs launched by the Indian Postal Service.

The Indian Post is a crucial resource for people who live in India’s rural areas because it offers a number of programs that help them save money. India Post has created a number of risk-free savings programs with high returns to ensure the future of people living in underdeveloped areas of the country.

The Gram Suraksha Yojna is the most well-known of the post office’s numerous Rural Postal Life Insurance Schemes programs. For more information about the India Post Office’s policies, see the points below.

  • The age requirements for enrollment are 19 and 55, respectively.
  • Rs 10,000 and Rs 10 lakh are the promised minimum and maximum amounts.
  • After four years, the lending facility is available. The plan will not be eligible for a bonus if it is terminated before five years have passed.
  • can be converted into an Endowment Assurance Policy until you reach the age of 59, as long as the date of conversion is not sooner than one year after the date the premiums stopped being paid or the policy reached maturity.
  • Ages of 55, 58, or 60 might be required to pay premiums.
  • A proportional bonus is due on the reduced insured sum in the event that insurance is surrendered.
  • The most recent incentive that was made public is Rs 60 for every Rs 1000 in cash that is promised each year.

To cater to the requirements of Indians living in rural areas, the Rural Postal Life Insurance (RPLI) program was established in 1995. According to the India Post website, the primary objective of the plan is to provide insurance coverage to the rural population as a whole, to assist economically disadvantaged groups and female employees in rural areas in particular, and to raise awareness of insurance among the rural population.

The Gram Suraksha Yojana in India provides insurance policies with payouts of up to Rs 35 lakh for just Rs 50 per month. If the individual invested Rs 1,515 per month—roughly Rs 50 per day—and the policy matures, they would earn Rs 34.60 lakh. The maturity benefit is Rs 31,60,000 for 55 years, Rs 33,40,000 for 58 years, and Rs 34,60 lakh for 60 years.


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