Post Office Gram Suraksha Yojana News 2022

Post Office Gram Suraksha Yojana There is a low risk investment opportunity offered by India Post. In this Post Office Gram Suraksha Yojana the sum assured, along with bonus, is paid to the legal heir/nominee at the age of 80 years or in event of death.

Eligibility for Gram Suraksha Gramin Postal Life Insurance Scheme | Post Office Gram Suraksha Yojana Eligibility Criteria:

This scheme can be availed by:

1. Employees of Central and State Governments.
2. Departmental Agent
3. Defense Service
4. Industrial Workers
5. Government Aided Educational Institutions and Universities
6. Metropolitan Municipality
7. Zilla Parishad
8. Municipalities
9. Nationalized Banks
10. Subsidiaries of RBI or SBI
11. Central and State Government Undertakings, Boards, Corporations, Organizations and Financial Institutions.

Minimum Entry Age 19 years
Maximum Entry Age 55 years
Maximum Age at Maturity 55, 58 and 60 years

Salient Features of Village Security | Post Office Gram Suraksha Yojana Key Features:

The key features of Post Office Gram Suraksha Yojana are as follows:

plan type Whole Life Assurance Plan
plan base Single
Sum Assured Minimum
Sum Assured Maximum
Rupee. 10 thousand
Rupee. 10 lakh
Premium Payment Term Premium Payment Can be done on quarterly, half yearly or annual basis
benefit death benefit Death Benefit is offered to the nominee on the death of the Life Assured during the policy term
maturity benefit On maturity, the Life Assured received the Sum Assured and the bonus that was earned.
Bonus Bonus High Bonus is offered by the plan
medical Medical If you do not wish to undergo a medical examination, the maximum sum insured is Rs. 25,000 and the maximum age for admission is 35 years
policy revival Policy Revival The policy can be revived after payment of the unpaid premium
Nomination Nomination facility is available.
surrender The policy can be surrendered after payment of premium for 36 months.
conversion policy Conversion policy can be converted into Endowment Assurance – Gram Santosh
free look period There is no free look period.
grace period Grace Period A grace period of 30 days is offered for paying the due premium.
loan facility The Life Assured is eligible for the loan after paying the premium for 48 months. The interest rate on the loan is 10%.
tax benefit Tax benefits under section 80C and section 88 can be availed under the Income Tax Act, 1961

Benefits of Post Office Village Security Scheme | Benefits of Post Office Gram Suraksha Yojana :

Following are the benefits of taking this plan:

1. This plan provides death and maturity benefits.
2. Tax benefits are available under Section 80C and Section 88 of the Income Tax Act, 1961.
3. The Life Assured can also take a loan against the policy after paying the premium for 48 months.
4. The policy can be converted into Endowment Assurance.
5. The policy can be surrendered after payment of 36 premiums.
6. Policy revival is also allowed.
7. Higher bonuses are offered.
8. The policy can be transferred to any post office in any part of India.

How does the Gram Suraksha Gramin Postal Life Insurance Scheme work?

Post Office Gram Suraksha Yojana Is a whole life insurance plan. The plan should be applicable for the entire lifetime of the life insured. The insured can pay premiums throughout his life or till the date preferred by the insured. On survival, the Life Assured will receive the Maturity Benefit and if he dies during the policy term, the nominee will receive the Death Benefit. Maximum Sum Assured is Rs 1 lakh,

Today we will tell you about one such scheme – Gram Suraksha Yojana – under which an investor can get around Rs 35 lakh by investing Rs 1500 every month.

What are the eligibility criteria and installment rules?

An investor of 1.19 years can invest in this scheme for 55 years at a premium of Rs 1,515 per month.
2. After this the investor will deposit Rs 1,463 every month for 58 years and Rs 1,411 every month for 60 years.

Post Office Gram Suraksha Yojana Maturity and Return Details:

1. Once deposited, the investor will get Rs 31.60 lakh on maturity.
2. If the withdrawal is made after 58 years, the investor will get Rs 33.40 lakh.
3. If the withdrawal is made after 60 years, the investor will get Rs 34.60 lakh.
4. Minimum amount allowed between Rs.10,000 to Rs.10 lakhs.

Premium for Post Office Gram Suraksha Yojana:

Post Office Gram Suraksha Yojana The premium amount is based on the health and financial condition of the life insured. The premium will be lower if the health condition is good.

Post Office Gram Suraksha Yojana Riders / Riders :

No rider is available in Post Office Gram Suraksha Yojana.

You can also surrender it after 3 years of taking this scheme. But in this case you will not get any benefit.

If the customer has any doubts regarding the nominee’s name or other details such as email address or phone number, the customer can call the nearest post office. Customers can get their queries answered by calling the toll-free number 1800 180 5232/155232 or on the official website www.postallifeinsurance.gov.in You can also get it by visiting the site.

Can I avail this scheme for my children?

Yes, this scheme will let your children take benefits. But there is one condition. Your child must be at least 19 years of age.

Can I get loan from this Post Office Gram Suraksha Yojana?

Yes, Post Office Gram Suraksha Yojana can provide loan for you. But you have to continue this plan for at least 48 months. You can apply for loan after 48 months

What is the required link for this scheme?

The link required to register for Post Office Gram Suraksha Yojana is https://www.postallifeinsurance.gov.in/.

What is the helpline number of this scheme?

The helpline number is 1800 180 5232/155232. The application process is still not published. As soon as we get the details of the process, we will update this article on priority basis. So keep an eye on our article for more details.

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