Post Office savings schemes are a good means of saving for investment. Post office savings schemes are completely risk free and also give good returns. Many schemes have been launched under the Rural Postal Life Insurance Schemes program of the post office. These also include Gram Suraksha Yojana.
If you invest only 50 rupees daily for the village security scheme, then you can ensure a return of 35 lakh rupees for yourself. This means that by depositing Rs 1500 a month in this scheme, you can get Rs 35 lakh.
Know the rules :
The investor gets this amount of this scheme along with the bonus at the age of 80 years. In this, if the person investing in the scheme dies before the age of 80 years, then his nominee gets this amount.
Who can invest Any citizen of India from 19 years to 55 years can invest in Village Security Scheme. At least Rs 10,000 to Rs 10 lakh can be invested in it. Many options are also given for paying the premium. Investors can pay the installment on monthly, quarterly, half-yearly or yearly basis.
Loan is available after four years , after purchasing the Gram Suraksha Policy, you can also take advantage of the loan. However, the loan can be taken only after 4 years from the date of purchase of the policy. Apart from this, if there is a default in paying the premium during the policy term, then you can start it again by paying the pending premium amount.
