Post office
Many of the Indian post office savings schemes are very popular among the people. There is no risk on investing money in these schemes and returns are fully guaranteed. For this reason, millions of people are investing in post office schemes.
Many schemes run under the Rural Postal Life Insurance (RPLI) of the post office. One of these is Gram Suraksha Yojana. In this scheme, you can make a big fund of up to Rs 35 lakh in future by saving only 50 rupees daily i.e. 1500 rupees in a month.
What is Village Security Scheme?
On investing in the village safety scheme, the investor can get up to Rs 35 lakh including bonus. This entire amount is found to his nominated person (nominee) when the investor dies at or before the age of 80 years.
Any Indian citizen from 19 years to 55 years can invest in this scheme. Investment amount can be kept from Rs 10,000 to Rs 10 lakh. You can submit a premium every month, three months, six months or annually as per your convenience.
For example, if someone takes this plan at the age of 19, then he will have to pay a premium of about Rs 1,515 every month for 55 years.
Bonus and loan facility also
Those investing in Village Safety Scheme also get the benefit of bonus after five years. Apart from this, after four years, you can also take a loan on this policy. If you want, you can also surrender it after three years of starting the policy.
How much money will be received?
Suppose you save only 50 rupees daily, that is, you deposit about 1,500 rupees every month. So under this scheme, you can get a return of up to Rs 35 lakh on maturity.
The amount received on maturity varies according to age:
- Maturity at the age of 55 – about 31.60 lakh rupees
- Maturity at the age of 58 – about 33.40 lakh rupees
- Maturity at the age of 60 – about 34.60 lakh rupees
If the investor dies before the age of 80, then this entire amount is given to his nominee.
Why is this scheme special?
The Post Office’s Gram Suraksha Yojana is good for those who want to make big funds by making small savings, that too without any risk. It has the facility of bonus, loan and guaranteed returns, which also makes it a safe investment option for the people living in the village-countryside.