Business
Invest Rs 1,411 per month and get Rs 35 lakh on maturity: Check policy here
The India Post often comes up with schemes targetted at the rural population. Several savings schemes offered by the India Post are some of the most popular risk-free savings scheme in the country. For the average middle class citizen in India, investing in good schemes with fixed and good rates of interest remains among the topmost priorities. The post office, which is backed by the government, aims to cater to those needs of the people. For this, the India Post has come up with the Gram Suraksha Scheme under its Rural Postal Life Insurance schemes programme.
The rural postal insurance policy was launched back in 1995 for the rural population of India. “The prime objective of the scheme is to provide insurance cover to the rural public in general and to benefit weaker sections and women workers of rural areas in particular and also to spread insurance awareness among the rural population,” says a note on the India post website.
Under the Gram Suraksha Yojana, or Gram Suraksha Scheme, of the post office, an investor can get up to Rs 35 lakh return if he or she deposits a sum of Rs 1,500 monthly in this policy. This scheme can act as a benefitting investing option for teenagers. The eligibility of the Gram Suraksha Scheme is at 19 years of age, according to the post office. The upper limit of eligibility for this scheme is 55 years, the website of India post says. Any Indian citizen between these ages can sign up for the scheme.
While the minimum sum assured under this plan is Rs 10,000, buyers can opt for any amount up to Rs 10 lakh under the Gram Suraksha Scheme. The assured amount with bonus is payable either on attaining the age of 80 or to their legal heir/ nominee in the event of death, whichever occurs earlier.
The investor gets the flexibility to pay the premium for the Gram Suraksha Scheme. One has the option to pay monthly, quarterly, half-yearly or annually in premium. A grace of 30 days is given for the customer to pay the premiums. In the event of a lapse during the policy tenure, the customer can pay up the pending premiums to restart the policy.
If one investor invests in the the Gram Suraksha policy of 10 lakh sum at the age of 19, then the monthly premium for 55 years will be Rs 1,515, for 58 years Rs 1,463 and for 60 years Rs 1,411. The policy buyer will get a maturity benefit Rs 31.60 lakhs for 55 years, 33.40 lakhs for 58 years. For 60 years the maturity benefit will be Rs 34.60 lakhs.
The customer can also choose to surrender the policy after 3 years, however, in that case, you won’t get any benefits offered under the Gram Suraksha Scheme.
Business
Apple is giving a huge discount on its gadgets: Details inside
If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.
The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.
Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.
Amazon Summer Sale May 2022: Discount offer on iPhone 13
Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.
If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.
Buy at Rs. 64,900 (MRP – Rs. 79,900)
Features of Apple iPhone 13
The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.
The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.