Post office Gram Suraksha Scheme: If a person deposits Rs 1500 every month, he will get around Rs 35 lakh when the scheme matures. This scheme is specially designed for the villagers. This scheme is run under the Rural Postal Life Insurance Scheme.
Post office Gram Suraksha Scheme: The post office runs many types of small savings schemes, in which people can invest and secure their future financially. The post office has schemes for people of every age group. Many schemes of the post office are quite popular among the people. The name of one such scheme is Gram Suraksha Yojana.
This scheme is specially designed for the villagers. This scheme is run under Rural Postal Life Insurance Scheme. For Gram Suraksha Yojana, you can save Rs 50 every day and save a large amount for your future. Generally, investment in post office is considered safe. Therefore, a large number of people have invested in post office schemes.
Investment calculation
If a person deposits Rs 1500 every month, he will get around Rs 35 lakh when the scheme matures. Suppose you are 19 years old and you bought Gram Suraksha Scheme of Rs 10 lakh. Now you will have to pay a premium of Rs 1515 every month for the long term i.e. for 55 years. That means you will have to save only Rs 50 every day for this. The person investing in Post Office Gram Suraksha Yojana is handed over the entire amount i.e. Rs 35 lakh on completion of 80 years of age. Bonus is also received after five years on investment in the scheme.
Who can invest
To invest in Gram Suraksha, the minimum age should be 19 years and a person of maximum 55 years can invest in this scheme. The sum assured of Gram Suraksha Yojana is Rs 10,000 and a maximum of Rs 10 lakh can be invested in this scheme. Premium can be deposited on monthly, quarterly, half-yearly or yearly basis.
If someone wants to surrender this policy, then it can be surrendered after three years from the date of commencement of the scheme. Those who invest in this scheme get the facility of loan after four years.
