Thursday, December 12, 2024
HomePersonal FinanceInvest post office santosh life insurance scheme 44 rupees daily and get...

Invest post office santosh life insurance scheme 44 rupees daily and get rs 13 lakhs benefits

Under this scheme of Post Office, you can now take life insurance up to Rs 10 lakh. Know everything about post office life insurance policy…




New Delhi. Do you know that the post office also gives you life insurance. Postal Life Insurance (PLI) was introduced on 1 February 1884 during the British rule in India. PLI is considered to be the oldest life insurance scheme in India. Today there are lakhs of policyholders under the PLI (Postal Life Insurance) scheme. Under this plan, you can now take life insurance up to Rs 10 lakh. Know everything about the life insurance policy of the post office…Also Read: How to change or update bank details in EPF account, know its online process

Endowment Assurance (Santosh): This plan of Postal Life Insurance is known as Santosh. The Indian Post Office expanded its scope and opened it to government and semi-government employees, but there are some rules for that.

Know what age people can take advantage of the scheme:-

>> The age of the person taking the Gram Santosh policy of India Post Office should be between 19 years to 55 years.
>> Loan facility is also available under this scheme, which can be taken after three years of the policy.
>> Under this scheme, the time of maturity is decided in advance.
>> There is also a facility to change the nominee in this policy

You can invest

Rs 10,000 in the investment scheme with Rs 10,000. A maximum of Rs 10 lakh can be invested in this and the scheme can also be surrendered after three years. In the event of death of the insured, the nominee gets full payment of the Sum Assured along with the accrued bonus.Also Read:If you keep the credit card balance zero, then be careful, know its big loss




How to get 13 lakhs on maturity By

saving Rs 44 per day for this policy, you will get Rs 12 lakh 80 thousand after 30. Suppose you save Rs 44 per day, according to that you will have to pay Rs 1332 for the month. For 30 years, Rs 4,55,551 will have to be paid. 12,80,000 will be available on maturity of the policy after 30 years.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments