How can I check my PLI balance?

How can 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.

Can I pay PLI through online?

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.”06-Jun-2022

How can I download PLI bond?

By securely logging in to the Digilocker, the user can download the digital copy of the Policy bond on their mobile phone. Both the Postal Life Insurance (PLI) as well as the Rural Postal Life Insurance (RPLI) policy bonds are available in the 'electronic form'.12-Oct-2021

How do I log into McCamish with a counter Pa credential?

Feb 22, 20200 comments

Can I withdraw PLI before maturity?

Yes, before date of last premium, he can apply for its revival and after credit of due premium with interest @ 12% per annum and a good health certificate, he can continue this policy. After revival due bonus will be automatically attached with this policy.

Is PLI maturity amount taxable?

As per Section 10(10D) of the Income Tax Act, the sum assured received on maturity or surrender of a policy or upon the policyholder's death is completely tax-free.09-Sept-2021

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%.

What is customer ID in PLI?

Steps for Customer Registration Click on Login option. 3. Click on Generate Customer ID option, provide details and Submit. 4. You will receive first time registration link to your registered email id to set password.

Which PLI scheme is best?

6 Best Postal Life Insurance (PLI) Plans for Government Employees 2022

How do I claim PLI maturity amount?

The obtained amount shall be remitted directly on to beneficiary bank or post office account/or through cheque. Features: Maturity/Survival Benefit Claim of a policy arises on completion of term of the policy as per the features of that particular plan.

How is PLI maturity amount calculated?

The following steps are to be undertaken in order to use the calculator:

How is PLI premium calculated?

For the Endowment Assurance Plan under PLI, one can follow the below-mentioned steps for premium or maturity calculation:

Which is better PLI or PPF?

Tenure: While PPF is a long-term investment plans (minimum 15 years) and cannot be taken for a shorter period, LI can be taken for a shorter duration, starting at five years. LI therefore offers greater flexibility.

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.

What is the bonus rate of PLI?

Rs. 20/- per sum assured of Rs. 10,000/- subject to maximum of Rs. 1000 for Whole life assurance and Endowment assurance policies with term of 20 years or more.18-Jan-2022

Can I take loan from PLI?

PLI Policies offer the facility of taking out loans at the cost of lowering the bonus received or forfeiting it altogether. The EA policy offers policyholders the option of taking out loans on the completion of 3 policy years.

What happens if PLI premium is not paid?

If the premia are not paid for 6 months in case of policy within 3 years, (or) 12 months in case of policy more than 3 years, then the policy becomes lapsed. This needs revival to make it active.

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

Who is eligible for PLI policy?

It now covers employees of Central and State Governments, Central and State Public Sector Undertakings, Universities, Government aided Educational institutions, Nationalized Banks, Local bodies, autonomous bodies, joint ventures having a minimum of 10% Govt./PSU stake, credit co-operative societies etc.

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.

How can I get my PLI statement online?

This PLI online statement can be accessed on the website of India Post or its mobile application called Postinfo.

How can I check my PLI balance?