Post Office Scheme: Invest Rs 1500 every month for a chance to win Rs 35 lakh when it matures, here’s how

New Delhi:  Post Office provides a slew of investment schemes that provide investors with safe and assured returns. Post Office investment schemes are much safer to invest in than market-linked schemes because they do not rely on equity performance. As a result, investors looking for safe investment options can put their money into Post Office schemes to secure their future.

Investors in one such Post Office scheme can earn up to Rs 35 lakh at maturity by investing just Rs 1500 per month. The scheme in question is the Post Office’s ‘Gram Suraksha Scheme.’ Investors can benefit from Rs 31 to 35 lakhs by depositing the above-mentioned amount on a regular basis.

Any Indian citizen aged 19 to 55 years old can invest in the Post Office scheme. The scheme’s minimum sum assured ranges from Rs 10,000 to Rs 10 lakh.

Premiums for the Post Office scheme can be paid monthly, quarterly, semi-annually, or annually. Investors are also given a 30-day grace period in which to pay the premium. Furthermore, they can receive a cash advance against their investments after investing continuously in the scheme for a specified period of time.

How can I earn up to Rs 35 lakh by investing Rs 1500 per month?

If a person begins investing in the Post Office Scheme at the age of 19 and purchases a sum assured of Rs 10 lakh, he or she can receive Rs 31.60 lakh after investing in the scheme for 55 years. If you continue to invest in the policy for another five years, you will receive Rs 34.60 lakh after 60 years.

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