Post Office Scheme: If you want to make millions, this is news for you. It is being told that the post office is promising to fulfill your dream in just 100 rupees through its scheme. In this, you will get up to 14 lakh rupees at maturity.
According to media reports, you can join the Sumangal Rural Postal Life Insurance Scheme of the Department of Posts. There is no fixed time limit for maturity in this scheme. Not only this, if the policy holder dies due to any reason, a provision has also been made for the nominee or family to get a bonus under the scheme.
It is being told that the post office has started this scheme for people with small savings. who is Any Indian citizen between 18 to 45 years can join the scheme and start investing. In this you can start investing with just 100 rupees. According to the policy rule, if a 25-year-old person joins the policy for 20 years, then he has to invest only 95 rupees. If you want to increase your refund then you can increase your investment accordingly
If you start investing under Sumangal Rural Postal Life Insurance Scheme, then you also get the facility of 20% sum assured on completion of 6, 9, and 12 years from the policy. Not only this, this post office scheme also provides money back at the age of 8, 12 and 16 years. Apart from this the account holder can choose between 15 and 20 years of maturity.