Post Office New Scheme: Just Invest Rs 1500 and get Rs 35 Lakh
Indian Post offers various types of investment opportunities. However, one of these is a scheme where investors can only deposit Rs 1500 and earn up to Rs 35 lakhs.
Post Office New Scheme: The source of money is this world, meaning that only if we have money, there is value in society. People respect us only if we have money. But in India majority are wage earners. In this Post Office New Scheme, Just Invest Rs 1500 and get Rs 35 Lakh.
Financial experts say that such people should save monthly keeping in mind their financial needs in the future. Investing your hard earned money is something every middle class Indian should do. Investment not only gives you financial security but also a secure financial future.
Although there are many investment options available in the market, they all come with different risks. On the other hand if you want a safer investment strategy you can consider post office investments. In this background, let’s know more details about the post office scheme where you can earn Rs 35 lakhs with an investment of just Rs 1500 per month.
Indian Post offers various types of investment opportunities. However, one of these is a scheme where investors can only deposit Rs 1500 and earn up to Rs 35 lakhs. Another one is called ‘Grama Suraksha Yojana’ which is especially useful if you are 19 years old.
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Investors between the age of 19 to 55 years are eligible to participate in this scheme. Under this ‘Grama Suraksha Yojana’ if you start investing at the age of 19 years your monthly premium will be Rs 1515 for 55 years, Rs 1463 for 58 years and Rs 1411 for 60 years.
After 55 years the investor will get a maturity benefit of Rs 31.60 lakhs. Rs 33.40 lakh if a person invests after 58 years. On the other hand, if the investment tenure is 60 years, the matured benefit will be Rs.34.60 lakhs. The minimum benefit of the scheme can be between Rs 10,000 to Rs 10 lakhs.
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If the policyholder dies the sum assured is transferred to the nominee or legal heir. The premium of this investment scheme can be paid on monthly, quarterly, half yearly or yearly basis. A grace period of 30 days is provided for payment of user fees in case of emergency. If the customer is willing to surrender the insurance after three years, there is no benefit to them.
Customers are not advised to cancel their policies unless an emergency occurs. If the client wants to change his personal information like email address, phone number or nominee, he should contact the nearest post office.
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