Can PLI be paid online?
PLI Online Payment The Postal Online Payment option through the Indian postal payment bank has made the premium payment services faster. People can pay and receive money easily using the postal network.
You have to visit the below link https://pli.indiapost.gov.in/CustomerPortal/PSLogin.action.
Can we pay PLI through Paytm?
Experience the Ease of Insurance Premium Payment Online We are providing various methods to pay insurance premium online using Net Banking, Debit/Credit Card & Paytm Wallet.
In order to allow Customers to view and carry out transactions relating to their Postal Life Insurance/Rural Postal Life Insurance policies on real time basis, generation of Customer ID is a pre-requisite on the 'Customer Portal' through the link https://pli.indiapost.gov.in/CustomerPortal/PSLogin.jsp .
Can we pay PLI through credit card?
PLI Policy Status and Details After logging in the portal, you can access the details of your policy including premium payment options. Click on the premium payment option and enter your credit card details to pay the premium online.
For downloading duplicate PLI premium receipt or PLI Premium Paid Certificate kindly follow the process: For downloading PLI Financial Statement in PDF, Visit the https://pli.indiapost.gov.in/ > Login > Tools & Utilities > Payment history > fill policy no > click on get payment history > Download receipt.
How can I get PLI customer ID?
Steps for Customer Registration
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%.
Can PLI premium be paid in any post office?
PLI /RPLI policy need not be transferred from one Circle to another Circle. Now premium can be paid at any post office across the country and policy payment can also be taken from any post office.
On Paytm's official website
How can I pay Paytm wallet?
Method 2- From Paytm Wallet
Tap LIC/Insurance under Financial Services & Taxes. Search for your insurance provider using the search bar at the top. Select your insurance provider, enter the policy number and other required details. Tap Confirm and complete the payment.
How is maturity amount calculated in PLI?
Calculated maturity is based on past bonus rates. Postal Life Insurance Premium and maturity calculator lets you to calculate premium and maturity of PLI endowment plan Santosh. The calculator provides complete yearly, half yearly, quarterly, and monthly premium as per sum assured, age and term.
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.
Is PLI maturity amount taxable?
As per Section 10(10D) of the Income Tax Act, 1961 the amount of sum assured plus any bonus (i.e. the policy proceeds) paid on maturity or surrender of policy or on death of the insured are completely tax free for the receiver subject to certain conditions.
The approved payment methods for your first life insurance payment vary by provider, but the most commonly accepted forms are an electronic funds transfer (EFT), personal check, or cashier's check. Your provider may accept a credit card for your first premium payment, but only accept check or bank transfer thereafter.08-Dec-2021
Can I pay my insurance with credit card?
Yes, you can generally pay for your car insurance with a credit card and doing so may lead to certain benefits like cash back or other credit card perks. Due to the prevalence of insurance apps and e-commerce, paying for insurance with a credit card is commonplace.
MUMBAI: You cannot pay for someone's insurance cover in India. As per the anti-money laundering provisions, the money for the premium must come from the bank account or the credit card of the insurance customer. Third-party payment for insurance premiums was banned to tackle money laundering.19-Nov-2013
What is the interest rate of PLI?
10% per annum
Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing. Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS)08-Aug-2022
What is customer ID and ID in post office?
What is my customer ID? Customer ID is the CIF ID printed on the first page of your Passbook.
Can PLI be paid online?