PO Scheme: Get ₹35 lakh by saving just ₹50 per day, this post office scheme has guaranteed returns..

If you are looking for a safe investment without any risk, then the Gram Suraksha Yojana of the Indian Postal Department can be a great option for you. This scheme is specially designed for those people who want to create a big fund for the long term, even with a low income. The biggest feature of this scheme is that by investing only ₹ 50 daily, i.e., ₹ 1500 per month, you can get a fund of up to ₹ 35 lakh on maturity.

What is Gram Suraksha Yojana?

This scheme operates under the Rural Postal Life Insurance (RPLI) of the Indian Postal Department, which has been specially designed keeping in mind the people of rural and semi-urban areas. In this, you can get an insurance cover of at least ₹ 10,000 and a maximum of ₹ 10 lakh. Talking about the age limit, any Indian citizen between 19 and 55 years can join this scheme.

Loan facility
Investors get many options to pay a premium in the Gram Suraksha Yojana. You can pay the premium on a monthly, quarterly, half-yearly, or yearly basis as per your convenience. Apart from this, investors can also take a loan after four years under this scheme. If needed, this policy can also be surrendered after three years; however, if surrender is done before five years, then the benefit of the bonus will not be available.

Death benefit will also be available.
The maturity of this scheme can be done up to a maximum age of 80 years. That is, the younger the age at which the investor joins it, the higher the return can be. If the policyholder dies before the completion of the term of the scheme, then the entire amount of the bonus earned, along with the insurance amount, is provided to his nominee as a death benefit.

How to get ₹ 35 lakh?

If a person joins this scheme at the age of 19 and pays a premium of ₹1500 every month (i.e., ₹50 daily), then on completion of the plan period, he can get a return of about ₹31 lakh to ₹35 lakh. This difference in the amount depends on the policy period, assured sum, investor's age, and bonus rate.

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