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Post Office Investment: Get a return of 35 lakhs on a daily investment of Rs 50, check the complete details of the scheme

Post Office Investment: If you also want to get better returns on your investment, then this news is of great use to you. Actually, today we are going to tell you about such a scheme in this news, in which you can get a return of 35 lakhs by investing 15 rupees daily.

 Post Office Investment: India Post is an important financial resource for people living in rural areas of India. As a government-backed entity, India Post offers various initiatives that enable rural citizens to save money and secure their future. To meet the needs of people living in underdeveloped areas of the country, India Post has implemented several risk-free savings schemes that offer good returns.

One such initiative is the Post Office Gram Suraksha Yojana, which is a whole life insurance policy that can be converted into an endowment insurance policy after a period of five years.

The policy offers low premiums until age 55, 58, or 60, allowing policyholders to maximize their benefits.

Information about the scheme-

Gram Suraksha Yojana has many essential features, benefits and eligibility criteria. The minimum entry age is 19 years, while the maximum entry age is 55 years. The minimum sum assured is Rs 10,000, and the maximum sum assured is Rs 10 lakh. Policyholders can avail loan facility after four years of coverage. However, if the scheme is exited before five years, it is not eligible for the bonus.

The policyholder can convert his policy to Endowment Assurance policy up to the age of 59 years, provided the date of conversion does not fall within one year of premium cessation or maturity date. The age at which premiums become payable is 55, 58, or 60 years. The most recently announced bonus is Rs 60 per Rs 1000 cash assured per year.

How to earn lakhs from 50 rupees-

Under the Gram Suraksha Yojana, policyholders can earn returns of up to Rs 35 lakh by contributing just Rs 50 per day. By investing Rs 1,515 in the policy every month, which is approximately Rs 50 per day, a policyholder can get a return of Rs 34.60 lakh after the policy matures. The maturity benefit is Rs 31,60,000 for a term of 55 years, Rs 33,40,000 for a term of 58 years and Rs 34.60 lakh for a term of 60 years.

Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap has over 3 years of experience in writing finance content, entertainment news, cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @insuranceindiaain@gmail.com
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