Extension of PLI / RPLI premium payments without penalty ...


Extension of PLI / RPLI premium payments without penalty | www.postaltechi.com

          Instructions on PLI/RPLI premium payments /claims in the wake of restrictions being imposed by Central Government / State Government movement of people.


          Due to the threat of spread of Coronavirus, Central / State Governments have issued several advisories and have put severe restrictions on the movement of people such as vide F.No 11013/9/2014-Estt-(A-III)  dated 22.03.2020. In the wake of this, many of our customers may not be able to reach Post offices to pay PLI/ RPLI premium before end of this month.

           As a measure of convenience to the customer the following needs to be ensured

           The extension of date of premium payment for March may be given upto 30 th April, 2020 without charging any penalty / default.


             This may be brought to the notice of general public through press release / issuing of advertisement in this regard through News Papers Ads/ Radio Jingle, notices / banners displayed in Post offices and through SMS to customers.

            We may anticipate an increase in surrender claims and loan requests. Circles are advised to ensure early settlement of existing maturity/ death / Loan / Surrender claims and be ready to quickly process incoming claims on priority

             The FSI team has been asked to facilitate the above. Although they are working from home but they will remain accessible on email / mobile and will prioritize resolution of issues raised by circles.

        
            CEPT team has also been requested to be available  monitoring the situation. help resolve issues. PLI Directorate is closely monitoring the situation.


Extension of PLI / RPLI premium payments without penalty | www.postaltechi.com