New Year Savings: Post Office PLI Offers ₹30 Lakh Insurance & High Returns!

• Indian Postal Department's Postal Life Insurance (PLI), active since 1884, offers secure investment and life insurance.
• Originally for government employees, PLI is now accessible to common citizens for long-term savings with small premiums.
• Example: A 19-year-old investing ₹1828/month in a ₹10 lakh PLI till age 60 can receive ~₹31.32 lakh maturity.
• This example shows a profit of over ₹22 lakh on a total premium deposit of approximately ₹9.21 lakh.
• The 'Yugal Suraksha Plan' provides insurance cover for couples (age 21-45, term 5-20 years), requiring one eligible individual.

Why It Matters: PLI offers secure, high-return savings with significant insurance cover for common citizens.