Get 30 Lakh Rupees In Just 1000 Rupees Investment In This Post Office Scheme
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In an era where private insurance companies often demand high premiums for limited returns, the Post Office Life Insurance Scheme is emerging as a safe and rewarding alternative for the common man. Backed by the Government of India, this scheme is gaining popularity for its high bonus rates and reliable features.
According to Sitamarhi Head Post Office Superintendent Manoj Kumar Lashkar, investing just ₹1,000 per month in the Post Office insurance plan can result in returns up to ₹30 lakh at maturity—thanks to the attractive bonuses offered annually.
Why Choose Post Office Life Insurance?
Lashkar explained that the bonus rate in Postal Life Insurance (PLI) ranges from ₹42 to ₹75 per ₹1,000 sum assured, depending on the policy type. In comparison, most private insurers offer a bonus of up to only ₹38 per ₹1,000. This means that policyholders receive nearly double the returns with PLI over time.
He further shared an example to illustrate the benefits:
“If someone starts a postal insurance policy at the age of 19 with a sum assured of ₹10 lakh and pays a monthly premium of ₹1,000, they would have invested a total of ₹10 lakh over 60 years. However, due to the accumulated bonuses, the maturity amount becomes ₹30 lakh, making it a highly profitable scheme.”
Bonus: The Secret Ingredient
The key to this growth lies in the annual bonus. The bonus is added each year to the sum assured, and it compounds over time to create a substantial maturity amount. This regular addition of bonus makes the policy both lucrative and secure.
Safe, Secure, and Government-Backed
Unlike many private firms, the Post Office insurance scheme is backed by the Government of India, making it a safe and trustworthy option for those seeking long-term financial security. In addition, the policy offers:
Awareness Drives in Action
To reach more citizens, the Postal Department is conducting awareness campaigns in both rural and urban regions. The aim is to educate people about this hidden gem of a scheme that offers low-risk investment with high returns.
Lashkar urges people, especially the youth, to take advantage of the scheme early in life so they can maximise the long-term benefits.
According to Sitamarhi Head Post Office Superintendent Manoj Kumar Lashkar, investing just ₹1,000 per month in the Post Office insurance plan can result in returns up to ₹30 lakh at maturity—thanks to the attractive bonuses offered annually.
Why Choose Post Office Life Insurance?
Lashkar explained that the bonus rate in Postal Life Insurance (PLI) ranges from ₹42 to ₹75 per ₹1,000 sum assured, depending on the policy type. In comparison, most private insurers offer a bonus of up to only ₹38 per ₹1,000. This means that policyholders receive nearly double the returns with PLI over time.
He further shared an example to illustrate the benefits:
“If someone starts a postal insurance policy at the age of 19 with a sum assured of ₹10 lakh and pays a monthly premium of ₹1,000, they would have invested a total of ₹10 lakh over 60 years. However, due to the accumulated bonuses, the maturity amount becomes ₹30 lakh, making it a highly profitable scheme.”
Bonus: The Secret Ingredient
The key to this growth lies in the annual bonus. The bonus is added each year to the sum assured, and it compounds over time to create a substantial maturity amount. This regular addition of bonus makes the policy both lucrative and secure.
Safe, Secure, and Government-Backed
Unlike many private firms, the Post Office insurance scheme is backed by the Government of India, making it a safe and trustworthy option for those seeking long-term financial security. In addition, the policy offers:
- Loan facility after three years
- Tax benefits under Section 80C
- Transferable policy across India
- Guaranteed returns and fixed bonuses
Awareness Drives in Action
To reach more citizens, the Postal Department is conducting awareness campaigns in both rural and urban regions. The aim is to educate people about this hidden gem of a scheme that offers low-risk investment with high returns.
Lashkar urges people, especially the youth, to take advantage of the scheme early in life so they can maximise the long-term benefits.
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