New Delhi: India Post is an important resource for people living in rural areas of India. Because, the government supported organization runs many schemes, which help people to save money. India Post has created several risk-free savings schemes offering high returns to secure the future of people living in underdeveloped areas of the country. Gram Suraksha Yojana is one of the most popular rural postal life insurance schemes launched by the Post Office. Let’s know about Gram Suraksha Yojana in detail.
Gram Suraksha Yojana is run under Gramin Postal Life Insurance Scheme of Post Office. In this scheme you can get Rs 35,00,000 on maturity by investing Rs 50 per day. The scheme is specially designed for the rural population.
A person between the age of 19 years to 55 years can invest in Gram Suraksha Yojana. In this scheme, you can get a sum assured of minimum 10,000 and maximum 10 lakh rupees. You can deposit premium in Gram Suraksha Yojana on monthly, quarterly, six months or yearly basis.
Investors get loan facility on Gram Suraksha Yojana. This facility can be availed after 4 years. An investor can also surrender the policy after 3 years of taking it. If you surrender the policy within 5 years of taking it, you don’t get the benefit of bonus on it.
If you invest Rs 50 per day i.e. Rs 1,500 per month in Gram Suraksha Yojana, you can get Rs 35,00,000 on maturity in this scheme. If you buy a Rs 10 lakh Gram Suraksha Yojana at the age of 19, you will have to pay a premium of Rs 1515 per month for 55 years. Whereas, 1,463 rupees for 58 years and 1,411 rupees for 60 years have to be deposited per month. 31,60,000 rupees on maturity in 55 years and 33,40,00 rupees on maturity of 58 years and 34.60 lakh rupees in 60 years.