🏛️
100% Government Backed
Operated by India Post, Ministry of Communications. Your money is completely safe with the Government
of India.
💵
Lowest Premium Rates
Premiums are significantly lower than private insurance companies. More savings for your family.
📈
Guaranteed Bonus
Earn up to ₹60 per ₹1,000 sum assured every year. Your money grows consistently.
🏦
Loan Facility
Get loans against your policy after 4 years. Financial help when you need it most.
📋
Tax Benefits
Save tax under Section 80C of Income Tax Act. Double benefit - insurance + tax savings.
🏘️
Easy Access
Available at 1.5 lakh+ post offices across India. Your nearest post office is your insurance office.
⚖️
Medical Policy Required if total Sum Assured exceeds ₹25,000
Coverage
Whole Life (Till Age 80)
Entry Age
19 - 55 years
Last Bonus
₹65 per ₹1,000/year
Min/Max SA
₹10k - ₹10 Lakhs
Official Description: A scheme where the assured amount with accrued bonus is payable on
attaining age 80 or death, whichever occurs earlier. If premium is paid for 4 years, policy can be
converted to Endowment Assurance.
Monthly Premium (₹) - Premium Ceasing at Age 58
| Age Group |
₹1,00,000 |
₹5,00,000 |
₹10,00,000 |
| 19-20 |
₹145 - ₹150 |
₹725 - ₹750 |
₹1,450 - ₹1,500 |
| 21-25 |
₹155 - ₹175 |
₹775 - ₹875 |
₹1,550 - ₹1,750 |
| 26-30 |
₹180 - ₹210 |
₹900 - ₹1,050 |
₹1,800 - ₹2,100 |
| 31-35 |
₹230 - ₹280 |
₹1,150 - ₹1,400 |
₹2,300 - ₹2,800 |
| 36-40 |
₹295 - ₹345 |
₹1,475 - ₹1,725 |
₹2,950 - ₹3,450 |
| 41-45 |
₹380 - ₹475 |
₹1,900 - ₹2,375 |
₹3,800 - ₹4,750 |
| 46-50 |
₹530 - ₹790 |
₹2,650 - ₹3,950 |
₹5,300 - ₹7,900 |
| 51-55 |
₹900 - ₹1,200 |
₹4,500 - ₹6,000 |
₹9,000 - ₹12,000 |
Maturity Benefit Projections
| Scenario |
Guaranteed Min |
Projected Max (SA + Bonus) |
| ₹10,000 SA (25 Yrs) |
₹10,000 |
₹26,250* |
| ₹10 Lakh SA (25 Yrs) |
₹10,00,000 |
₹26,25,000* |
*Estimated based on current bonus rate of ₹65/1k. Not guaranteed.
Coverage
Until chosen maturity age
Entry Age
19 - 55 years
Bonus Rate
₹48 per ₹1,000/year
Maturity Age Options
35, 40, 45, 50, 55, 58, 60
Monthly Premium (₹) - For ₹1,00,000 Sum Assured
| Entry Age |
Mature@45 |
Mature@50 |
Mature@55 |
Mature@58 |
Mature@60 |
| 20 |
₹310 |
₹250 |
₹205 |
₹190 |
₹180 |
| 25 |
₹395 |
₹310 |
₹250 |
₹225 |
₹210 |
| 30 |
₹550 |
₹400 |
₹315 |
₹275 |
₹260 |
| 35 |
₹845 |
₹550 |
₹405 |
₹350 |
₹320 |
| 40 |
₹1,730 |
₹850 |
₹560 |
₹465 |
₹420 |
Premium for Higher Sum Assured (Age 30, Maturity 55)
| Sum Assured |
Monthly |
Yearly |
| ₹1,00,000 |
₹315 |
₹3,465 |
| ₹5,00,000 |
₹1,575 |
₹17,325 |
| ₹10,00,000 |
₹3,150 |
₹34,650 |
What You Get
At maturity: Full Sum Assured + All Accumulated Bonus
Example: ₹5,00,000 for 25 years = ₹5,00,000 + (₹48 × 500 × 25) =
₹11,00,000
Policy Terms
15 years or 20 years
Entry Age
19-45 (15yr) / 19-40 (20yr)
Bonus Rate
₹45 per ₹1,000/year
Special Feature
Periodic Payouts!
Money Back Schedule
15-Year Policy
Year 6
20%
→
Year 9
20%
→
Year 12
20%
→
Year 15
40% + Bonus
20-Year Policy
Year 8
20%
→
Year 12
20%
→
Year 16
20%
→
Year 20
40% + Bonus
Real Example: ₹5,00,000 Policy (20-Year Term)
Year 8:
₹1,00,000
Year 12:
₹1,00,000
Year 16:
₹1,00,000
Year 20:
₹2,00,000 + ₹4,50,000 Bonus
Total Received:
₹9,50,000
Initial Coverage
Whole Life
Entry Age
19 - 55 years
Conversion Option
After 5 years
Bonus Rate
₹60 → ₹48/₹1,000/year
🔄 Flexibility Feature
Start As
Whole Life
Bonus: ₹60/₹1,000
Convert To
Endowment
Bonus: ₹48/₹1,000
Who Should Choose This?
- ✅ Unsure whether you want whole life or endowment
- ✅ Want lifetime coverage now but may need lump sum later
- ✅ Prefer flexibility in financial planning
- ✅ Want to start with lower premiums
Premium Structure
Same as Gram Suraksha (Whole Life) rates
Conversion does not require additional medical examination
Term
10 Years
Entry Age
20 - 45 years
Last Bonus
₹45 per ₹1,000/year
Survival Payout
20%, 20%, 60%
Official Description: A short-term 10 year money back scheme for Rural populace.
Insurant is provided life cover to the extent of Sum Assured for 10 years irrespective of survival
benefits paid.
Survival Benefit Schedule (₹1 Lakh SA)
End of 4 Yr₹20,000
End of 7 Yr₹20,000
End of 10 Yr₹60,000 + Bonus
Child Age
5 - 20 years
Parent Age
Below 45 years
Bonus Rate
₹48 per ₹1,000/year
Max SA
₹3,00,000
Official Description: Life Insurance cover for children of policyholders. No medical
examination of child necessary. In case of death of parent, no further premium is payable and full sum
assured with bonus is paid to child at end of term.
Key Rules:
- Policy can be taken for maximum of 2 children.
- Parent (Proposer) must have an active PLI/RPLI policy.
- Bonus rate is equivalent to Endowment Assurance (Gram Santosh).
| Feature |
Gram Suraksha |
Gram Santosh |
Gram Sumangal |
Bal Jeevan Bima |
Gram Suvidha |
Gram Priya |
| Type |
Whole Life |
Endowment |
Money Back |
Children's |
Convertible |
10-Year |
| Entry Age |
19-55 |
19-55 |
19-45 |
5-20 (Child) |
19-55 |
20-45 |
| Last Bonus |
₹65 |
₹58 |
₹47 |
₹58 |
₹65→58 |
₹45 |
| Loan/Surrender |
4/3 Yrs |
3/3 Yrs |
❌/❌ |
❌/❌ |
4/3 Yrs |
❌/❌ |
| Value Prop |
Max Payout |
Guaranteed |
Cash Flow |
Education |
Flexibility |
Short Term |
💡 Legal Note: Sum Assured must be in increments of ₹10,000. Aggregate
limit is ₹10 Lakhs across all policies.