The post office regularly introduces new schemes, and most of them are popular among the people because they offer good returns. Today, we are telling you about one such special scheme from the post office. This scheme is designed especially for villagers and is known as the Post Office Gram Suraksha Yojana. This scheme is quite popular as it provides both financial and social assistance to rural people. The most unique aspect of this scheme is that you only need to invest Rs 50 daily, and it offers excellent returns.
How to Get the Benefit of Gram Suraksha Yojana
To get the benefit of this scheme, you need to invest Rs 50 daily, which amounts to Rs 1,500 per month. The scheme offers a return of Rs 31 lakh to Rs 35 lakh. If the investor passes away at the age of 80, the entire amount, along with the bonus, is transferred to the nominee.
Who Can Invest?
Any Indian citizen aged between 19 and 55 years can invest in the Gram Suraksha Yojana. The minimum investment amount ranges from Rs 1,000 to Rs 10 lakh. Flexible payment options are available, allowing premiums to be paid monthly, quarterly, half-yearly, or yearly.
When Will the Money Be Received?
- The investor receives Rs 31,60,000 at 55 years.
- Rs 33,40,000 is given at 58 years.
- Rs 34.60 lakh is provided at 60 years, with the full amount paid out at 80 years.
Loan Facility After Four Years
The scheme also offers a loan facility after four years of purchasing the Gram Suraksha policy. Additionally, if the premium is missed during the policy period, the policy can be reinstated by paying the outstanding premium amount.
How to Apply for Gram Suraksha Yojana
- Visit Post Office: Go to your nearest post office offering the scheme.
- Get Application Form: Request and fill out the form with accurate details.
- Attach Documents: Provide identity, address, and age proof.
- Submit and Pay: Submit the form and make the initial premium payment.
- Verification: The post office will verify your details.
- Policy Issuance: Receive your policy document upon approval.