Invest Rs 1500 per month in this Post Office Scheme and get return up to Rs 35 Lakh on maturity

Investing your hard-earned money can be considered an essential thing for every middle-class person in India. An investment not only gives you monetary safety but also provides a safe financial future. While there are many investment options available in the market, there are many risks involved with them. However, if you want a safe investment scheme, the Post Office investment schemes can be taken into consideration.

There are various investment schemes that are offered by India Post Office. However, among them, there is a scheme where investors are supposed to deposit mere Rs 1500 per month and will get a return amount up to Rs 35 lakhs. This particular scheme is known as ‘Gram Suraksha Scheme’ and it is very beneficial if you are around 19 years of age. According to this scheme, investors between the ages of 19 to 55 years are eligible to invest.

Important details about the Gram Suraksha Scheme

According to this ‘Gram Suraksha Scheme’ if you start investing at the age of 19, the monthly premium will be Rs 1515 for 55 years, Rs 1463 for 58 years and Rs 1411 for 60 years. The investor will get a maturity benefit of Rs 31.60 lakh after 55 years. On the other hand, if a person invests after Rs 58 years, he will get a benefit of Rs 33.40 lakh. However, if the investment period is 60 years, then the matured benefit will be Rs 34.60 lakh. The minimum benefit assured under the scheme can be between Rs 10,000 to Rs 10 lakh. In case of death of the user, the amount assured will be given to the nominee or legal heir.

Preferred time to pay the premium

The premium of this investment plan can be done on the basis of monthly, quarterly, half-yearly or annual basis. In case of any emergency, the user is also given a grace period of 30 days to pay the premium.

What will happen if the policy is surrendered

If a customer is willing to surrender the policy, he can do it after a period of 3 years. If such is the case, they will not get any benefit. It is not advisable for the users to surrender the policy, unless and until there has been an emergency.

If the customer is willing to change any details about email-id, mobile-number, nominee, he should contact the nearest post office.

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