Post Office Scheme: How to get the Benefit of Rs 50 lakh in the Post Office Scheme (Check Detail)

Post Office:

Everyone likes the post office scheme, and people get a lot of profit by investing money in their scheme.

On completion of maturity, they get strong interest and returns, so people rely on these schemes.

Let us tell you that you also get the facility of life insurance at the post office. Today we are going to tell you about such a scheme. By which you can double your money.

What is the name of the scheme?

The name of this scheme is Postal Life Insurance. You can double the money by investing in this scheme, the oldest government insurance scheme. Let us tell you how you can apply for it-

Facility up to Rs 50 lakh

In this scheme, the policyholder gets a facility of up to 50 lakhs. People in the age group of 19 years to 55 years can invest in this. You also get a bonus for this.

The minimum sum assured is Rs 20,000, and a maximum of Rs 50 lakh is available. If the policyholder dies in the middle of this plan, all the money is given to the nominee.

loan facility available

If the policyholder keeps the policy continuously for 4 years, then the loan facility is also given to the policyholder.

If you want to discontinue the policy, you can do so after 3 years. But if you close before 5 years, you will not benefit from a bonus.

Who knows who can take advantage?

The benefit of this policy is available at the age of 80 as you get the facility of sum assured only at 80 years.

Know how to apply?

You can apply for life insurance by visiting the link (https://pli.indiapost.gov.in). If in this seed, after the policyholder’s death, all the money will be given to the nominee.

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