Today we will tell about a plan of the post office in which a store of Rs 5042 will yield an arrival of Rs 7.25 lakh. It is one of the six significant protection plans of the post office. The name of this plan is Gram Priya (Post Office Gram Priya). The term of this plan is 10 years. It goes under the Rural Postal Life Insurance Scheme.
The base passage age for this plan is 20 years and the most extreme section age is 45 years. This plan is for an exceptionally long time. This implies the base age cut-off of development is 30 years and the most extreme age limit is 55 years. The base aggregate guaranteed is 10 thousand rupees and the greatest total guaranteed is 10 lakh rupees for the town dear plan. The guaranteed likewise gets the advantage of disaster protection for a very long time.
This is a speculation cum protection strategy. It is likewise a cash-back arrangement. Under this arrangement, the guaranteed will get 20% of the aggregate guaranteed subsequent to finishing four years, 20 percent on the fruition of 7 years, and 60 percent of the lay on the culmination of 10 years. Aside from this, the measure of reward will likewise be accessible.
LIC declares rewards each year. This sum is diverse for various plans. As indicated by the data accessible on LIC's versatile application, for this time, a reward of 45 rupees is being given per thousand aggregate guaranteed for the town darling. On the off chance that the financial backer dies subsequent to taking the approach, the candidate will get the advantage of the total guaranteed and reward.
Discussing premium computation, it relies upon your age. On the off chance that at 25 years old years, somebody enlists for this plan and the whole guaranteed is Rs 5 lakh, at that point his net month to month premium will be Rs 5042. On finishing of 10 years, he will get 2.25 lakh rupees (45/1000 * 500000 = 225000) at the pace of the current reward. On the off chance that he has taken a crack at this plan in 2021, under the standard, in 2025, 20 percent of the total guaranteed will be 1 lakh rupees. In 2028, 1 lakh rupees will be accessible as moneyback. The leftover three lakhs of the whole guaranteed will be met in 2031 and alongside this, you will get a reward of 2.25 lakh rupees. Thusly, notwithstanding cashback, in 2031 you will get a single amount of Rs 5.25 lakhs (3 lakhs whole guaranteed and 2.25 lakhs reward).