Post Office Policy: There are many ways to earn money available on the market at the moment. Attractive donations are made on most of these items. However, some of them are very dangerous. Most investors prefer low-cost but secure plans. In fact, they have a lower risk. However, in other ways of earning money, in addition to making a good profit, the risk is also minimal. If you are also looking for this way to make money, then this post office might be useful to you.
Indian Post of Gram Suraksha Yojana is one such investment method, whose good return can be found at low risk. Under Gram Suraksha Yojana, proceeds plus a bonus are received at the age of 80 or at death by a legal successor or nominee.
Terms and Conditions of Scheme
An Indian citizen between the ages of 19 and 55 can deposit money at Gram Suraksha Yojana. Under the scheme, a minimum of Rs 10,000 to Rs 10 lakh can be made. Funds for the program can be made monthly, quarterly, semi-annually or annually. The buyer is also given a grace period of 30 days to pay the payment. If infidelity occurs during the transaction, the customer may pay the amount expected to revive the policy.
When can you overcome it?
The buyer may be able to offer the service after 3 years. However, in that case they will not get any benefit from it. Highlighting the point is the bonus offered by the India Post. Under the final announcement, a guaranteed bonus of Rs 65 per Rs 1,000 per year was confirmed. The insurance plan comes with a rental facility, which can be acquired after 4 years of purchase policy. In simple terms, the owner can take out a loan after 4 years.
Benefits for Maturity
If a person buys a Gram Suraksha plan for 10 lakhs at the age of 19, then the monthly payment for 55 years will be Rs 1515, for 58 years Rs 1463 and 60 years Rs 1411. , Rs 33.40 lakh for 58 years. At the same time, the benefit of a 60-year maturity will be Rs 34.60 lakh.
Where do you find more information?
The nominee can contact the nearest post office to change information such as name or email id and phone number. For further inquiries, customers can contact the toll-free support number 1800 180 5232/155232 or the official website www.postallifeinsurance.gov.in.