Can I pay my PLI premium online?
Candidate can pay PLI premium online through PLI Online Portal, PLI Payment app and much more. You can also use all payment method like pay using credit card, debit card, UPI, etc., There are two minimum requirements to pay PLI online. Mobile number should be registered in your PLI Policy.
Steps for Customer Registration
What is PLI payment?
Postal Life Insurance (PLI) was introduced on 1st February 1884.It started as a welfare scheme for the benefit of postal employees and was later extended to the employees of the Telegraph Department in 1888.
You can start the procedure of buying the policy online even if you are not a customer of India Post. You will be able to navigate to Purchase a Policy. Quote to select the suitable product and coverage for you. After this, you will have to fill personal, employment, medical and other information.
What is customer ID in PLI?
On login page of pli you will find below – “generate customer id” here you have to fill all information from your pli policy bond. And click on submit button. After 24 hours of submit you will receive a mail for noreplypli@indiapost.gov.in. in this mail you will receive your pli customer id and pli password set link.27-Jul-2020
Use our IPPB mobile app to make your PLI (Postal Life Insurance) premium payments easily. Download the IPPB mobile app today and enjoy our upgraded services.” I. IPPB counters – Customers can visit the Post Office IPPB counter to deposit PLI/RPLI premium from their IPPB Account.06-Jun-2022
How do I check my PLI balance?
You can also call on the toll-free number 1800 180 5232, 155232. You can also call their land line number 011 24673177.
Features:
What is PLI in post office?
Postal Life Insurance (PLI) was introduced on 1st February 1884 with the express approval of the Secretary of State (for India) to Her Majesty, the Queen Empress of India. It was essentially a scheme of State Insurance mooted by the then Director General of Post Offices, Mr.
What happens if one forgets to pay one's premium in a month? One can pay the premium in the subsequent month, by paying a minimum fine of 1% of premium amount per month.
What is PLI interest rate?
What is the interest on loan availed against the policy? The interest on loan availed against the PLI policy is 10% per annum. This is calculated based on a 6 month period.
Investment in PLI gets all tax benefits any life policy is entitled for. The returns are tax-free and premium payment is subject to tax exemption under section 80C.
Is PLI better than LIC?
Premium Rate-When compares to LIC or any private insurers, PLI offers cheap premium. So this is the most advantage of buying endowment plans with PLI than with LIC. Bonus Rate-Bonus offered by PLI is in the range of 7% or more. Whereas currently, LIC offers a bonus rate of around 4% to 5%.
6 Best Postal Life Insurance (PLI) Plans for Government Employees 2022
Is PLI only for government employees?
Since 1894, postal life insurance (PLI) was available only to the government and semi-government employees, including the employees of public sector undertakings, financial institutions, and nationalized banks, but back in 2017, it was made open to a more wider section of the population.20-May-2019
In the payment history web page, select the PLI/ RPLI policy number from the drop down list. After selecting the PLI/RPLI policy number, click on the PLI Payment History Button. They your PLI premiums payment history will be displayed in your device.
Where can I find customer ID?
The Customer ID is mentioned in the welcome letter and cheque book. It is also mentioned on the first page of Passbook and Account Statement.
Customer ID is the CIF ID printed on the first page of your Passbook. 6.
How can I change payment mode in PLI?
After 24 hrs of password set, log in to the following website (PLI customer portal) by using your customer id (which is sent to your email Id) and password (which was created by you). The following page will open after login. just click on payments and select Pay premium option.06-Sept-2020
What will be the surrender value of PLI/RPLI policy? Surrender facility is available after 3 years in case of WLA, EA, CWLA and YS policies. No surrender facility is available in case of AEA and Children policy. Surrender value depends on the surrender factor, type and term of policy.
How is PLI bonus calculated?
76 per thousand of sum assured while for Endowment Assurance including Joint life and children policies, Rs. 52 per thousand of sum assured will be the bonus amount.24-Feb-2021
Can I pay my PLI premium online?