The post office runs different types of budget schemes, which you can take advantage of in an easy way. One of such great schemes is Gram Sumangal Gramin Postal Life Insurance.
Many schemes are implemented by the post office, in which very good returns are given. If you are also thinking of investing in the post office, then this can prove to be useful news for you. The Post Office runs different types of budgeting schemes, which you can take advantage of in an easy way. One of such great schemes is Gram Sumangal Rural Postal Life Insurance Scheme, you can earn huge profits by investing in this scheme.
This scheme is a money back plan of the post office. In this scheme, you can earn pearl money by investing a little money. By saving Rs 170 per day in this scheme, you can get returns up to Rs 19 lakh. For this, investors will have to invest Rs 170 every day. Once the scheme matures, investors get a corpus of Rs 19 lakh. Let us tell you that people between 18 years to 45 years can invest in this scheme. This scheme is for 15 years to 20 years. The policy offers a sum assured of Rs 10 lakh. Along with this, the surviving policyholders also get the benefit of up to 20 percent money back on 6, 9 and 12 years.
Under this scheme, policyholders get money back along with protection. Not only this, there is also a facility like maturity bonus in this scheme, in which 40% money can also be received. The bonus amount is also different for different periods. A bonus amount of Rs 6.75 lakh is available for the premium term of 15 years. The bonus amount is Rs 9 lakh for a term of 20 years. In total, after 15 years, the policyholders get a profit of Rs 16.75 lakh. At the same time, after 20 years, policyholders get returns of up to Rs 19 lakh.
