PLI clientele base expansion Clarification 2023 | Clarification on eligibility of Graduates/Diploma holders for the benefits of PLI

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Subject: Clarification in respect of expansion of clientele base of PLI - reg

Download PLI clientele base expansion clarification in PDF

DIRECTORATE OF POSTAL LIFE INSURANCE

F. No: 25-01/2022-L1 

Dated: 15.03.2023

This is regarding the expansion of clientele of Postal Life Insurance to include Graduates/Diploma Holders issued vide PLI directorate OM No. 25-01/2022-LI dated 01.12.2022.


2. In this connection, certain queries have been received regarding eligibility of Graduates/Diploma holders for the benefits of PLI. These have been examined in PLI Directorate and the following is clarified:

SL NO.

PLI Clientele Base Expansion Issue

PLI Clientele Base Clarification

(i)

Whether benefits of PLI are available to Graduates/ Diploma holders from a foreign university

Any person holding graduate degree/diploma from a foreign university may be allowed the benefits of PLI only if the graduate degree/diploma from foreign university is recognized as equivalent graduate degree/diploma by the Association of Indian University (ATU).

(ii)

Provide guidelines for accepting new PLI proposal of Graduates/Diploma holder in which customer provide Final year Mark instead of Degree or provisional passing certificates.

It has been decided to accept PLI proposals on the basis of provisional certificate or final year mark sheet subject to fulfilment of all other/prevailing conditions issued vide PLI directorate OM No. 25-01/2022-LI dated 01.12.2022.





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