Postal Life Insurance Scheme
The post office scheme is being operated under the Postal Life Insurance Scheme. Under this scheme, you can secure your future financially by saving Rs 50. Rural Postal Life Insurance (RPLI) was introduced in 24.03.1995 for rural people of India.
Loan Facility
Several schemes causes complications at the time of taking loan. However, there is no such issues with Gram Suraksha Yojana. You can get loan facility after 4 years of investing in it.
You can apply for this scheme at the age of 19 and buy Gram Suraksha Yojana worth Rs 10 lakh. For that, you will have to save around Rs 50 daily and invest Rs 1,515 in this scheme every month. You will have to make this investment every month for 55 years.
After investing in this scheme of post office, you will get Rs 35 lakh at the age of 80. You also get the facility of bonus after five years of investing in this scheme.
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