Many savings schemes of the Indian Post Office are very popular among the people. There is no risk in investing money in these schemes and returns are completely guaranteed. This is why millions of people are investing in post office schemes.
There are many schemes run under the Rural Postal Life Insurance (RPLI) of the post office. One of these is the Gram Suraksha Yojana. In this scheme, you can create a large fund of up to Rs 35 lakh in the future by saving just Rs 50 daily i.e. Rs 1500 per month.
What is Village Security Scheme?
By investing in Gram Suraksha Yojana, the investor can get up to Rs 35 lakh including bonus. This entire amount is given to the nominee in case of the death of the investor at the age of 80 or before.
Any Indian citizen between the age of 19 and 55 years can invest in this scheme. The investment amount can be kept from Rs 10,000 to Rs 10 lakh. You can deposit the 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, he will have to pay a premium of around Rs 1,515 every month for 55 years.
Bonus and loan facility also
Those who invest in Gram Suraksha Yojana also get the benefit of bonus after five years. Apart from this, you can also take a loan on this policy after four years. If you want, you can also surrender the policy after three years of its commencement.
How much amount will I get?
Suppose you save just 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 maturity amount varies depending on the age:
- Maturity at age 55 – around Rs 31.60 lakh
- Maturity at the age of 58 years – around Rs 33.40 lakh
- Maturity at the age of 60 years – around Rs 34.60 lakh
If the investor dies before the age of 80, then this entire amount is given to his nominee.
Why is this scheme special?
Post Office Gram Suraksha Yojana is good for those who want to make a big fund by saving small money, that too without any risk. It has the facility of bonus, loan and guaranteed return, which makes it a safe investment option even for people living in villages.
