Saving money has become a priority for everyone, especially in rural areas where people often need to borrow even for small expenses.
But what if a small monthly deposit could give you a big, guaranteed amount after 10 years? And on top of that, your money stays completely safe under an insurance cover.
This benefit comes through the Post Office’s Gram Priya Scheme.
It is a short-term, money-back insurance plan that offers guaranteed returns and periodic payouts, making it ideal for families who want safety along with savings.
What Makes Gram Priya Useful for Rural Families?
The Gram Priya scheme runs for 10 years. During this period, your family gets full insurance protection.
In case something unexpected happens, the family receives immediate financial support.
The scheme is specially designed for rural households, where long-term investments often feel risky.
Earlier, very few people in villages had insurance, but schemes like this are now helping millions secure their future.
How Much Do You Need to Deposit Each Month?
The minimum sum assured is ₹10,000 and the maximum is ₹5 lakh.
You must pay a monthly premium based on the cover you choose.
For example, for a ₹5 lakh cover, the monthly premium is around ₹5,042.
This small monthly contribution can significantly strengthen your financial stability over time.
You can also name a nominee, ensuring the money goes to the person you choose.
Since this scheme is part of Rural Postal Life Insurance, your investment is fully backed by the government.
What Returns Do You Get After 10 Years?
The returns after maturity are one of the biggest highlights of Gram Priya.
For every ₹1,000 of sum assured, you earn a bonus of ₹45 per year. On a cover of ₹5 lakh, this becomes a yearly bonus of ₹22,500.
Over 10 years, this bonus totals ₹2,25,000.
Along with this, the scheme pays you three times the sum assured. For a ₹5 lakh cover, that is ₹5 lakh at maturity.
Altogether, your total payout becomes ₹7,25,000.
So, by saving just a little over ₹5,000 a month, you can earn a solid ₹7.25 lakh in 10 years.
This amount can be useful for your child’s wedding, home repairs, or other important needs.
Extra Benefits After Maturity
Even after the scheme ends, you can reinvest this money in other post office plans like Recurring Deposit or Monthly Income Scheme.
These offer interest rates between 6.5% and 7.5%, giving you an additional ₹3,000 to ₹4,000 per month.
Most post office schemes also come with tax benefits, making them even more attractive.
If you want a safe, guaranteed investment, you can easily apply at your nearest post office and start your premium.
It’s a simple way to build strong savings for your future.
