Good return scheme: If you want to get strong returns in less investment, then you must know about this post office scheme because you will hardly get a better scheme than this.
post office scheme to double the money: Post office brings many schemes for its customers. One of these schemes is Gram Sumangal Rural Postal Life Insurance Scheme. In this scheme, an investor can get around Rs 14 lakh at the time of maturity by depositing only Rs 95 daily. It is understood from the name of this scheme that this plan was brought for the investors living in rural areas. If this scheme investor gets additional benefit that it is a money back policy means you will start getting money from this scheme even before maturity, so let’s know about this scheme.
Who can buy this policy
To take the policy of Gram Sumangal Yojana, the age of the investor should be between at least 19 years to 45 years. Let us tell you that in this scheme, bonus is also given to the policy holder on maturity. You can buy it for 15 years and 20 years. This scheme was started in 1995. If the investor dies, his nominee gets the entire sum assured along with the bonus.
Know the benefits of this policy
This policy is for a period of 15 and 20 years. A person of at least 19 years can invest in it. In this, the investor will also get money-back at an interval of some years, that is, if your policy is for 15 years, then its assured amount will be available on completion of six, nine and 12 years on the basis of 20-20 percent. The remaining 40 percent amount will be given to you on maturity along with the bonus. Similarly, if you get a policy for 20 years, then on eight, 12 and 16 years, 20-20 percent amount will be given as money back. The remaining 40 percent amount will be given along with the bonus on maturity.
Will get 14 lakhs
If a person invests in this plan at the age of 25, then he will have to invest in this plan for 20 years with a sum assured of Rs 7 lakh. In this situation, an installment of Rs 2853 will have to be deposited every month i.e. around Rs 95 per day. If you look at the basis of three months, then for this you will have to deposit Rs 8,850, while on 6 months you will have to deposit Rs 17,100. After this, the investor will get around Rs 14 lakh on maturity.