Friday, January 21, 2022

Post Office Small Saving Scheme: Invest Only Rs 1,411 Per Month And Receive Rs 35 Lakh After Maturity

Post Office Small Saving Scheme: Invest Only Rs 1,411 Per Month And Receive Rs 35 Lakh After Maturity
Post Office Small Saving Scheme: Invest Only Rs 1,411 Per Month And Receive Rs 35 Lakh After Maturity 

If you are one of those investors who are looking for high returns on low investment, then this is a great savings scheme.

As you know, India Post often launches savings schemes for the rural population. full starting point

The scheme is such that middle-class residents can invest at good interest rates. India Post Village has been started for this

The Suraksha Yojana is part of its rural program to help people in rural areas.

Under the Gram Suraksha Yojana, investors can deposit up to Rs 1,411 per month and get returns of up to Rs 35 lakh. This program is for youth. This would be a great investment opportunity.

Who can open Gram Suraksha Yojana Account?

Gram Suraksha Yojana is open to all. Anyone above 19 years of age can open this account. According to the India Post website, the maximum age limit for this is

The scheme is 55 years old. This scheme is mainly for Indian citizens in the age group of 18 to 65 years.

Village Suraksha Yojana: More Details

Village Protection Scheme Rs. 10,000, ensuring a minimum value of Rs. You can choose any amount up to 10 lakhs. Total Insurance and bonus are payable when a person turns 80, or his legal heir/nominee dies, whichever is earlier.

Gram Suraksha Plan: Premium Details

The investor is given the option to pay the premium of the Gram Suraksha Yojana and the premium can be paid on a monthly, quarterly, half-yearly, or monthly basis.

On an annual basis. In addition, customers are given an additional 30 days to pay the premium. If a 19-year-old starts investing Rs 10 lakh in a Grameen Suraksha policy, the monthly premium is Rs 1,515 for 55 years, Rs 1,463 for 58 years,1,411 for 60 years. The maturity benefit for a 55-year policy is Rs 31.60 lakh, while that for a 58-year policy is Rs 33.40 lakh. 60 years

The maturity benefit will be Rs 34.60 lakh. Furthermore, once more, it would imply that you would need to spend on these techniques. Eligible for any Gram Suraksha Yojana.

SOURCE: INDIA.COM

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