Guidelines on Sanction of the PLI Claim amount

Sanction of the PLI Claim amount: This is regarding doing away with the requirement of obtaining the signature of a witness on System Generated Sanction Memo while disbursing payment towards maturity and other PLI Claim amount. On receipt of suggestions on the above issue from West Bengal Circle, the matter has been examined at PLI […]

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What is the Procedure to sanction of PLI/RPLI claim amount?

In view of the above, What is the Procedure to sanction of PLI/RPLI claim amount?; the requirement to obtaining the signature of a witness on sanction memo towards all Postal Life Insurance(PLI) and Rural Postal Life Insurance(RPLI) is dispensed with to ease of the process of claim payment with immediate effect. FSI is being asked […]

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