In today’s era, who does not want to have more and more money. Be it a businessman or a employed person, everyone wants to earn a lot of money. But only earning money is not a big deal, but it is also important to invest and save money at the right place.
There are many investment options available nowadays. From banks to post offices, there are schemes that can make a small savings in just a few years.
One of these is the Post Office Gram Sumangal Rural Postal Life Insurance Scheme of the Post Office. The biggest advantage of this plan is that you will not only get your money back, but you will also get insurance cover.This scheme has been started with the aim of increasing awareness among the people about the insurance scheme in rural areas.
Under Gramin Sumangal Yojana, you can get Rs 14 lakh by investing just Rs 95 per day. Although this Rural Postal Life Insurance Scheme was started in the year 1995, but still most of the people are not aware of it.The biggest advantage of this plan is that the person taking the policy is also given some money (money back) if needed in the middle of the policy.
If you have taken a 20-year policy, then on completion of eight years, 12 years and 16 years, you can get 20 percent of the sum assured.At the same time, on the maturity of the plan, the sum assured amount is also given to the insured along with the bonus amount.
If we talk about the premium of the policy, then on buying a policy of Rs 7 lakh, about Rs 2850 per month i.e. Rs 95 will have to be paid daily.If you want to pay quarterly premium then you have to pay Rs 8449, half yearly Rs 16715 and annual premium Rs 32735. You must be at least 19 years of age to take this policy.
