The Post Office of India operates a variety of savings schemes. Millions of people are getting good returns by investing in post office schemes. That is why people invest money in post office schemes. Investing money in a post office is considered risk-free. People want to invest their money in safe and better return schemes. One such post office scheme is Gram Suraksha Yojana. For this scheme, you can get a compensation of Rs 35 lakh by saving only Rs 50 per day.
Who can invest?
Gram Suraksha Yojana is a part of Grameen Postal Life Insurance Scheme. This insurance policy was introduced in the year 1995 for the rural people of the country. Individuals between the ages of 19 and 55 can invest in a village security scheme.
An investment of Rs 10,000 to Rs 10 lakh can be made in this scheme. There are many options available for paying premium. You can pay premium on monthly, quarterly, half-yearly and yearly basis.
Earnings
According to the information provided about the Gram Suraksha Yojana, if a person invests Rs 1,515 per month in this scheme i.e. only Rs 50 per day, he can get a return of up to Rs 35 lakh. If you buy a Gram Suraksha Yojana at the age of 19, you will have to pay a premium of Rs 1,515 for 55 years.
This way you will get 35 lakh
If you take this scheme till the age of 58, you will have to pay Rs 1463 per month and for 60 years you will have to pay Rs 1411 per month. If you miss the premium, you can deposit it within 30 days. If you look at the returns of the scheme, the investor will get a maturity benefit of Rs 31.60 lakh on 55 years of investment, Rs 33.40 lakh on 58 years and Rs 34.60 lakh on 60 years of investment.
What is special?
This amount is given to a person on completion of 80 years of age under Gram Suraksha Yojana. If the person dies, this amount goes to the person’s legal heirs. The customer can surrender the village security plan after 3 years of purchase. However, in that case no advantage is seen with it. The biggest feature of the policy is the bonus offered by India Post and the final declared bonus is Rs. Is 60.