India Post Information

WHOLE LIFE INSURANCE (SURAKSHA) The amount of the scheme comes along with the bonus The policy will be in force from the date of claim The minimum and maximum age limits are between 19 to 55 years The assured amount starts from Rs 20,000 to Rs 50 lakhs An individual can get a loan facility and surrender after 4 years and 3 years respectively Insurers will not be eligible for the bonus if they surrender it for 5 years The premium paying age can opt from 55,58 or 60 years Even the proportionate bonus on the reduced amount is assured to be paid if the policy is surrendered The declared bonus is from Rs 76 per Rs 1000 and the sum is assured in a year. CONVERTIBLE WHOLE LIFE INSURANCE (SUVIDHA) Suvidha, the other name of Convertible Whole Life Insurance, is an added feature to the Whole Life Insurance that converts the endowment assurance policy by the end of five years of the policy The extent of the sum is assured that an accrued bonus will be attained...

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PLI/RPLI GL codes

Mail Section: — The core business of India Post is mail business which includes the Booking of articles (Speed Post, Registered Letter, Parcels, Money Orders, Etc), the transmission of articles through RMS (Railway Mail Service), Air Port, Sea port and most important the delivery of the Mails. CBS (Core Banking System) Section:— India Post offers various saving & banking schemes like- Savings Deposit Account, Recurring Deposit, Time Deposit (fixed deposit), PPF(Public Provident Fund), NSC (National Savings Scheme), KVP (Kisan Vikas Patra), Sukanya Samriddhi Yojana account, etc. PLI (Postal Life Insurance) Section:—- India Post offers PLI and RPLI schemes which is under the insurance sector. PLI is the oldest and most trusted life insurance in the India since 1884. PLI & RPLI each year gathers crores of premium and thousands of new polices. Philately Service:—- India Post offers a dedicated section and website for quenching the thirst of the hobby Philately, the king of hobbies....

POSB Interest Rates from 01.10.2023 to 31.12.2023

Post office interest rates w.e.f 01.10.2023

POSB INTEREST RATE FROM OCTOBER TO DECEMBER 2023

PLB BONUS TO DOP EMPLOYEE

File related with the Productivity linked Bonus has been approved by the MOF and returned to the Department, process of issuing order by the concerned branch is being done , order's are expected by evening or latest by tomorrow morning (26.10.2023) .