Anyone aged 19 to 55 years can invest in the Gram Suraksha Yojana scheme. The minimum investment amount in this Post Office scheme is ₹10,000 and the maximum is ₹10 lakh. You can build a substantial fund without any risk through this Post Office scheme. Several schemes have been launched under Post Office insurance. One of them is the Gram Suraksha Yojana. Under this scheme, you have to spend ₹50 per day to accumulate a fund of up to ₹35 lakh.
Millions of people have received good returns by investing in this Post Office scheme. Therefore, many people invest in Post Office schemes. There is no risk in investing in Post Office schemes, and the returns are guaranteed.
Learn what the Gram Suraksha Yojana is:
Investors in the Gram Suraksha Yojana can receive the full benefit of ₹35 lakh, including bonus, upon reaching the age of 80. If the investor dies before the age of 80, their nominee will receive the money. Any Indian citizen aged 19 to 55 years can invest in this scheme. The investment amount can range from ₹10,000 to ₹10 lakh. Payments can be made in monthly, quarterly, half-yearly, or annual instalments. If you purchase the Gram Suraksha Yojana at the age of 19, you will have to pay a premium of ₹1,515 until the age of 55.
Gram Suraksha Yojana offers a bonus.
Under this scheme, investors receive a loan after four years. If a policyholder wishes to surrender the policy, they can do so three years after the policy start date. Investing in this scheme also yields a bonus after five years.
Suppose an eligible person saves ₹1,500 every month in this scheme, which is equivalent to ₹50 spent per day. By doing this, an investor will have up to ₹35 lakh at maturity
An investor will get ₹31.6 lakh at age 55, ₹33.4 lakh at age 58, and ₹34.6 lakh at age 60. In the case of an individual enrolled in the Gram Suraksha Yojana, the money will be paid out to the individual after turning 80 years old. If the individual dies before receiving the funds, the nominee will receive the funds instead.