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RPLI Gram Suraksha Scheme

Rural postal life insurance (RPLI) schemes were introduced in 1995 to extend comprehensive life insurance coverage to people living in the rural areas of the country. These post office schemes were designed to increase insurance penetration in the weaker section of society. Among the six insurance schemes, Gram Suraksha Yojana is a whole-life insurance policy available at affordable premiums.

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Gram Suraksha Scheme

The post office Gram Suraksha Yojana is a whole-life assurance policy that offers insurance cover throughout the lifetime of the policyholder. On the death of the life assured within the policy term, the assigned nominees can claim the death benefit amount up to the sum assured under the policy. This RPLI whole life assurance policy also comes with a bonus component that makes it a favorable choice among people living beyond the municipal borders of towns and cities. 

Key Features Of Gram Suraksha Scheme

  • The policy can be converted to an endowment assurance policy on completing 5 policy years. 

  • Further, conversion to an endowment-based policy is only applicable till the policyholder turns 59 years of age. 

  • Policyholders can avail of loan facilities, subject to the sum assured, on the completion of 4 years. 

  • The policy can be surrendered after 3 years into the policy term. However, the bonus amount shall be payable to the life assured only on surrendering the policy after 5 years. 

  • Policyholders have the flexibility to pay premiums till she/he turns 55 years, 58 years, or 60 years of age. 

  • The bonus rate applicable is Rs. 60 per Rs. 1,000 sum assured, as per the latest rates declared. 

  • If the buyer purchases the policy after the age of 45, the maximum cover amount that she/he can avail of is Rs. 5 Lakhs. 

Eligibility Criteria of Gram Suraksha Yojana

Criteria Minimum Maximum
Entry Age 19 years 55 years
Sum Assured Rs. 10,000 Rs. 10 Lakhs
Premium Ceasing Age 55 years / 58 years / 60 years

Benefit Offered By Post Office Gram Suraksha Scheme

This RPLI whole-life assurance policy offers the following benefits:

  • Death Benefit - On the death of the life assured at any point during her/his lifetime, the assigned nominee or the family members receive the complete sum assured on death along with applicable bonuses. This is subject to the condition that the due premiums have been paid in full and the policy has not been surrendered. 

  • Maturity Benefit - If the life assured survives the maturity date of the policy, she/he could claim the entire maturity benefit amount along with applicable bonuses. 

  • Surrender Benefit - A reduced sum assured or the surrender benefit, subject to the acquired surrender value, shall be paid to the policyholder if the policy is surrendered after 3 years. However, the bonus amount is only payable along with the surrender benefit if the policy is surrendered after a period of 5 years. 

RPLI Gram Suraksha Premium Calculator

India Post features an online PLI premium calculator on its website that can be used to determine the premiums payable against the desired coverage under Gram Suraksha. Here is a step-by-step guide on how to use the online Gram Suraksha Policy premium calculator. 

  • Visit the official website of India Post. 

  • Click on Postal Life Insurance. 

  • You will be redirected to an external page. Click on OK to proceed. 

  • Move to ‘Purchase a Policy’ and click on ‘Quote’ from the drop-down menu.

  • Enter the details requested. These include contact details, date of birth, gender, residence, sum assured, etc. 

  • Under Product Type, select RPLI. 

  • Under Product Name, select Gram Suraksha. 

  • Select the Premium Ceasing Age from the options per your convenience. This is the age by which you would like to pay off the due premiums for the policy.

  • Enter the letters as shown in the captcha below. 

  • This will give you the monthly, quarterly, half-yearly, and yearly premium quotes against the sum assured opted for. 

  • If you want to calculate again to compare quotes of other policies or change the features, you can scroll down and click on Recalculate. 

  • If not, you can proceed to buy the policy. 

How To Buy Gram Suraksha Bima Yojana?

The policy can be bought online as well as offline. For the latter, you can visit your nearest post office branch and submit the relevant documents. To purchase online, follow the steps below:

  • Follow the above-mentioned steps from 1 through 10. 

  • If you have arrived at a reasonable premium quote, choose the ‘Select’ option against it. 

  • This takes you to a form wherein you will have to fill in more details about the Insurer and the Proposer. 

  • Click on Next to fill in the correspondence information about where you live and ways to reach you. 

  • The subsequent forms are related to your employment details, nominee assignment, history of insurance, medical history (if any), and base coverage. 

  • Sign the Declaration to proceed to the payment details. 

  • Pay the initial premium installment to start coverage. 

The policy will be issued 10 days from the date of submission of the requisite documents. 

Documents Required To Purchase Gram Suraksha RPLI

  • Age proof

  • Address Proof

  • Identity Proof

  • Declaration of Medical Examiner

  • Declaration in case the proposer is illiterate

  • Certificate by DO/FO(PLI)/Agent

  • Certificate by SDI/ASP


  • How can I buy Gram Suraksha online?

    You can visit the website of India Post. Under Postal Life Insurance, you will find the tab to purchase the policy. Follow the steps as indicated to purchase Gram Suraksha online.
  • Can I pay premiums for Gram Suraksha online?

    You can make the initial payment to start the policy cover online. For subsequent premium payments, you will have to visit your nearest post office. 
  • What is the cost of RPLI Gram Suraksha?

    The cost of the Gram Suraksha policy shall depend on the coverage/sum assured chosen and the premium ceasing age. You can make use of the online premium calculator to estimate the premiums against the desired cover. The maximum sum assured is Rs. 10 Lakhs.
  • What is the entry age to buy Gram Suraksha whole-life insurance cover?

    The minimum entry age is 19 years, and the maximum entry age is 55 years. 
  • Who is eligible to buy Gram Suraksha RPLI?

    The policy can be bought by anyone living in the rural areas of India or outside the municipality of cities.
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