Gram suraksha scheme: After 4 years of buying the policy, customers will get the facility to take a loan. Gram Suraksha Yojana is one such option in which one can get good returns with low risk.
New Delhi . People prefer to invest in those schemes which have less risk of losing money and get good returns. The post office’s Gram Suraksha scheme is one such investment option, in which you can get good returns with low risk. People in the age group of 19 to 55 years can buy this insurance plan. The sum insured in this plan ranges from Rs 10,000 to Rs 10 lakh.
Closed policy will start : Premium can be deposited on monthly, quarterly, half yearly, yearly basis. In case of default in payment during the policy term, the discontinued policy can be revived by depositing the premium. There is a grace period of 30 days for the customers to pay the premium. The Gram Suraksha Yojana assures an amount along with bonus which is received either after reaching the age of 80 years or in the event of death (whichever is earlier) to their legal heir/nominee. Customers can also decide to discontinue the policy after 3 years, but they will not get any benefit from it.
If you buy a policy of 10 lakhs at the age of 19 years, then the monthly premium will be Rs 1515 for 55 years, Rs 1,463 for 58 years and Rs 1,411 for 60 years. The policy buyer will get Rs 31.60 lakh for 55 years, Rs 33.40 lakh in 58 years and Rs 34.60 lakh for 60 years. That is, by depositing Rs 47 every day, you will be able to get 35 lakhs.
Loan facility also available- In
this insurance plan, customers get the facility to take loan after 4 years of buying the policy. Also the post office gives bonus to the customers. Last year, got a bonus of Rs 65 for every Rs 1000.
In case of any update in the nominee’s name or other details such as email id and mobile number, the customer can approach the nearest post office for the same. For other queries, customers may contact the given toll-free helpline 1800 180 5232/155232 or the official website i.e. http://www.postallifeinsurance.gov.in for resolution.
