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(a)Who can open:- (i) a single adult (ii) Joint Account (up to 3 adults) (Joint A or Joint B)) (iii) a guardian on behalf of minor/ person of unsound mind…
G.S.R. 922(E).— In exercise of the powers conferred by section 3A of the Government Savings Promotion Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme, namely:-…
(a)Who can open :- (i) a single adult (ii) Joint Account (up to 3 adults) (Joint A or Joint B) (iii) a guardian on behalf of minor (iv)a guardian on…
Premature encashment conditions for Small Savings Schemes as below. POSA Can be closed at any time RD Can be closed after 3 years, only SB rate of interest is…
Minimum balance in respect of different types of Small Savings Accounts is given below. Post Office Savings Account INR. 500/- National Savings Recurring Deposit Account INR. 100/- Monthly Income Scheme…
The monthly deposits for RD account opened between 1 to 15 should be credited up to 15th of the month. RD account opened between 16 to the last of the…
(a)Who can open :- (i) a single adult (ii) two adults only (Joint A or Joint B) (iii) a guardian on behalf of minor (iv) a guardian on behalf of…
ePassbook for POSB schemes Click Here to Check Post Office Account Balance The Department of Posts (DOP) through the Post Office Savings Bank (POSB) provides various types of accounts as…
Finacle Menu related to CIF id CDEDUP – To see whether the customer is already an existing customer CCRC/CIFCR – For the creation of CIF CCRC/CIFCR – CIF creation needs…
It has been brought to the notice of this Ministry on behalf of Government servants belonging to Scheduled Castes/Scheduled Tribes, that certain Ministries/Departments do not permit members of their staff…
Suicide Cases: In the event of an insured person committing suicide any time after the date of acceptance of the policy (whether sane or insane at that time) and after…
Settlement of death claim cases of murder of the insured committed by the nominee(s) or any legal representative(s) If the policy holder is murdered by any of the legal representative/…
If an insured person resigns or retires or is dismissed from the service of Government, his policy holds good so long as the premium due are regularly paid by him…
The following persons are eligible to the benefits of the Post Office Life Insurance fund provided their age is not less than 19 years and not more than 55 years…
PLI/RPLI Surrender Factor Value Table /Chart
Surrender value is calculated on reduced sum assured/paid up value. Paid up value = No of premium paid/total number of premium payable x sum assured. Just For Example :- Sum…
Policies that cannot be surrendered: Anticipated Endowment Assurance (Sumangal and Gram Sumangal), 10-year RPLI Anticipated Endowment Assurance (Gram Priya) and Children Policy (Bal Jeevan Bima and Gram Bal Jeevan Bima).…
Policies that can be surrendered: Whole Life Assurance (Suraksha and Gram Suraksha), Endowment Assurance (Santosh and Gram Santosh), Convertible Whole Life Assurance (Suvidha and Gram Suvidha) and PLI Joint Life…
F.No.25-02/2023-LI Ministry of Communications Department of Posts (Directorate of Postal Life Insurance). Chanakyapuri P.O. Complex New Delhi-110021 Dated: 05.09.2023 OFFICE MEMORANDUM Sub: Standard Operating Procedure (SOP) for handling of Surrender…
DEPARTMENT OF POSTS OFFICE OF THE CHIEF POSTMASTER GENERAL U.P. CIRCLE, LUCKNOW-226001 To, All the SSPOs/SPOs of UP Circle All the SSRMs/SRMs of UP Circle The Manager MMS Kanpur, Kanpur.…
महिला सम्मान बचत प्रमाणपत्र, 2023 मुख्य विशेषताएं (ए) कौन खोल सकता है :- (i) एक महिला द्वारा अपने लिए। (ii) अवयस्क लड़की की ओर से अभिभावक द्वारा। (बी) जमा (i)…
Mahila Samman Savings Certificate, 2023 Salient features (a) Who can open:- (i) By a woman for herself. (ii) By the guardian on behalf of a minor girl. (b) Deposit (i)…
The Mahila Samman Saving Certificate (MSSC) is a new small savings scheme launched by Ministry of Finance, Govt. of India aimed at encouraging women investors. Central government has introduced this…
PLI RPLI Policies TDS Deduction @5% rate on Maturity Payment of exceeding Rs 1 Lakh
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