This Post Office Money-Back Scheme Can Give Returns of up to Rs 14 Lakh. Check Details
3 years, 6 months ago

This Post Office Money-Back Scheme Can Give Returns of up to Rs 14 Lakh. Check Details

News 18  

The post office bank has come up with a scheme for all those who are looking for an opportunity to earn a big amount of money by investing a small part of their income. Under the Post Office’s ‘Gram Sumangal Rural Postal Life Insurance Scheme’, a bank customer has to invest Rs 95 per day to get Rs 14 lakh in return over the period of time. ‘Gram Sumangal Rural Postal Life Insurance Scheme’ is an endowment plan that provides a fixed amount of money after the completion of the maturity period, money back as well as insurance cover to all those people having a bank account in the post office in rural areas. In the 15-year policy, a bank customer gets 20 percent of the total sum assured as a money-back on completion of 6 years, 9 years, and 12 years. If a 25-year-old bank customer takes this policy for 20 years with a sum assured of Rs 7 lakh, he will have a premium of Rs 2,853 per month, i.e.

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History of this topic

5 Post Office Saving Schemes That Offer Tax Benefits Under Section 80C
1 year, 9 months ago

5 Post Office Saving Schemes That Offer Tax Benefits Under Section 80C

News 18  

You might have heard people discussing several post office saving schemes. Furthermore, these schemes also offer tax benefits up to Rs 1.5 lakh under Section 80C of the Income Tax Act. Let us take a look at five post office saving schemes and you can select the one that suits your investment objectives in the best way. Investment of up …

Post Office Gram Suraksha scheme: Check how much you need to invest monthly to get Rs 35 lakh at maturity
2 years, 1 month ago

Post Office Gram Suraksha scheme: Check how much you need to invest monthly to get Rs 35 lakh at maturity

Firstpost  

You are able to cancel the policy after enrolling in the plan for three years. Know more details about the Post Office Gram Suraksha scheme here If you are looking for some low-risk investment options, the post office is a good choice. The Post Office Gram Suraksha Scheme is offering attractive returns. Investors are able to borrow money by utilizing …

This post office scheme offers Rs 14 lakh at maturity for investment of Rs 95/day; details here
2 years, 2 months ago

This post office scheme offers Rs 14 lakh at maturity for investment of Rs 95/day; details here

Firstpost  

Middle class and lower middle class Indians have always favoured savings programs offered by the government- The program is open to Indian citizens between the ages of 19 and 45. If you obtain a 20-year policy at age 25 with an insured sum of Rs 7 lakh, you will be required to pay a daily premium of Rs 95. In …

Get Rs 16 lakh in 10 years by investing in this Post Office scheme
2 years, 2 months ago

Get Rs 16 lakh in 10 years by investing in this Post Office scheme

Firstpost  

Post Office Recurring Deposit scheme is totally secured from the angle of investment. It allows you to invest from an amount as low as Rs 100 The Post Office Recurring Deposit scheme is totally secure from the angle of investment. The scheme is accessible for people of all economic classes Under this scheme, the post office provides interest every quarter …

Post Office MIS Calculator: Get Rs 3,300 Pension from this Scheme; Know How Much to Invest
2 years, 6 months ago

Post Office MIS Calculator: Get Rs 3,300 Pension from this Scheme; Know How Much to Invest

News 18  

Post Office National Savings Monthly Income Account: With the stock markets seeing a bloodbath across the globe as well as in India, the risk appetite of investors have reduced significantly. Post Office MIS: Invest Rs 50,000, Get Rs 3,300 Yearly Returns In a tweet dated December 13 last year, the India Post urged citizens to invest in its National Savings …

Post Office Scheme: Invest Rs 10,000 Each Month and Get Rs 16 Lakh Return at Maturity
2 years, 9 months ago

Post Office Scheme: Invest Rs 10,000 Each Month and Get Rs 16 Lakh Return at Maturity

News 18  

Post Office Recurring Deposit Account: Investing in Post Office schemes is something that one treats as the most reliable and safest way to keep their money. While investing in Fixed Deposits or Savings Accounts at banks is one option, another great alternative investing your money through the Post Office Savings Scheme, or more specifically, the Post Office Recurring Deposit Account. …

Post Office Savings Scheme: Deposit Rs 70 Daily to Get Rs 1.5 Lakh at Maturity. See How
2 years, 11 months ago

Post Office Savings Scheme: Deposit Rs 70 Daily to Get Rs 1.5 Lakh at Maturity. See How

News 18  

Post Office Savings Scheme: Indian citizens, largely across the lower middle class and middle class sections, always rely on savings schemes that guarantee an ensured returns at the time of maturity so that none of their hard-earned money is lost. Apart from those targetted at particular groups, the post office also provides savings schemes such as Recurring Deposits, where the …

Post Office Scheme: Invest Rs 95 Daily to Get Rs 14 lakh in Return. Details Here
2 years, 11 months ago

Post Office Scheme: Invest Rs 95 Daily to Get Rs 14 lakh in Return. Details Here

News 18  

Post Office Savings Scheme: Savings schemes from the government-backed post office has always remained popular among middle class and lower middle class citizens in India. Key Features of Gram Sumangal Scheme – The scheme has flexible policy terms of 15 years and 20 years, making it easier for the investor to choose. – The survival benefits for the 15 year …

Post Office Scheme: Invest Rs 1,411 per Month to Get Rs 35 Lakh Return At Maturity
2 years, 11 months ago

Post Office Scheme: Invest Rs 1,411 per Month to Get Rs 35 Lakh Return At Maturity

News 18  

Post Office Savings Scheme: The India Post often comes up with schemes targetted at the rural population. For this, the India Post has come up with the Gram Suraksha Scheme under its Rural ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Postal Life Insurance​ schemes programme. Under the Gram Suraksha Yojana, or Gram Suraksha Scheme, of the post office, an investor can get up to Rs 35 lakh …

This Post Office Scheme Can Double your Money in No Time Without Any Risks: Eligibility, How to Apply
3 years, 3 months ago

This Post Office Scheme Can Double your Money in No Time Without Any Risks: Eligibility, How to Apply

News 18  

Taking the right call in the selection of an investment scheme is not an easy thing to do. If you are someone who is looking for a long term investment option with minimum risk- the Kisan Vikas Patra scheme might be an option, you would want to look at. Eligibility and Interest Rate The scheme comes with a compounding interest …

Post Office Savings Scheme: Get Rs 16 Lakh Return By Investing Rs 10,000 per Month
3 years, 3 months ago

Post Office Savings Scheme: Get Rs 16 Lakh Return By Investing Rs 10,000 per Month

News 18  

When one thinks of investing money in a safe and reliable way, the first thing that often comes to mind is the use of Fixed Deposit accounts or Savings accounts with your banks. You should consider investing your money through the Post Office Savings Scheme, or more specifically, the Post Office Recurring Deposit Account. The Post Office Recurring Deposit Account …

This Post Office Savings Scheme Offers 6.8% Return Per Annum. Details Here
3 years, 7 months ago

This Post Office Savings Scheme Offers 6.8% Return Per Annum. Details Here

News 18  

In the testing times of COVID-19 pandemic earning and mere savings may not be enough to deal with the crisis. Under NSC, the depositors will get an interest rate of 6.8 per cent on their deposited money in Post Office banks. In the NSC scheme, 6.8 per cent of interest on depositor?s money will be compounded annually. If a depositor …

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