Post Office Savings Schemes are suitable for those seeking good returns without risk.
One such scheme is the Gram Suraksha Yojana where you get a return of Rs 35 lakh.
An investment of Rs 10,000 to Rs 10 lakh can be made in this scheme.
New Delhi. There are many options to invest money. Many people invest in the stock market and mutual funds. Now people have started investing in cryptocurrencies too. Investment in all these is risky and returns are also not fixed. There are many people who want to invest in such a scheme, where their money is also safe and they also get good guaranteed returns.
Small savings schemes of the Indian Post Office are very suitable for those who invest money without taking any risk. One such great savings scheme is the Gram Suraksha Scheme. This small savings scheme of post office gives big benefits. There is no risk of losing money in it. In this scheme, you can create a fund of Rs 35 lakh by depositing Rs 50 per day i.e. Rs 1500 per month.
What is Gram Suraksha Yojana?
The one who invests in Gram Suraksha Yojana gets the benefit of full 35 lakhs (benefit of Gram Suraksha Scheme). The investor gets this amount of this scheme along with the bonus at the age of 80 years. If the person making the investment dies before the age of 80, then his nominee gets this amount. Any citizen of India from 19 years to 55 years can invest in this scheme. An investment of Rs 10,000 to Rs 10 lakh can be made in this. The installment can be paid by the investor on a monthly, quarterly, half yearly or yearly basis.
This is the math of premium
If you buy this policy at the age of 19, then you will have to pay a premium of Rs 1515 every month for 55 years. For 58 years you will have to pay a premium of Rs 1463 and for 60 years you will have to pay a premium of Rs 1411. The policy buyer will get a maturity benefit of Rs 31.60 lakh for 55 years, Rs 33.40 lakh for 58 years. At the same time, the maturity benefit for 60 years will be Rs 34.60 lakh.
can also take loan
After purchasing a Gram Suraksha policy, you can also take advantage of the loan. The loan can be taken only after 4 years of taking the policy. Apart from this, if there is a default in paying premium at any time during the policy term, then you can start it again by paying the pending premium amount.
FIRST PUBLISHED : August 02, 2022, 18:25 IST