Can policy users pay premium policies direct from their salary?

Yes, it's possible to auto-deduct your payment directly from the salary.

What is the fine for late payment?

If a PLI policyholder forgets to pay their premiums, a fine of 1% will apply per month.

PLI Online Payment - Postal Life Insurance Online Payment

Simple ways to pay for Postal Life Insurance online Payment 2024 at PLI Online Payment portal https://pli.indiapost.gov.in/CustomerPortal/PSLogin.action

Postal Life Insurance

Dating back to 1884, Postal Life Insurance is among the oldest insurance service provider in India. The Company started as a welfare scheme for postal employees. However, PLI extended its limits accommodating the Telegraph department, female P & T department employees, and all public sector employees (central and state employees). PLI offers more than 50 lakh policies, thus availing comprehensive services to all.

Eligible Employees for PLI Policies

PLI is available to all central and state employees as follows:

Defence services
Para Military forces
Local bodies
Reserve Bank of India
Public sector
Nationalized bank
Financial institutions
All government-aided educational institutions
Scheduled commercial banks
Extra departments’ agents at the department of post.
Workers at the Cooperative credit societies
Autonomous bodies.

Pli.indiapost.gov.in

Features and Benefits of Postal Life Insurance (PLI)

The policy provides a nomination facility/ beneficiary facility.
It’s easy to borrow funds against your policy.
Policyholders can revive a lapsed policy based on the Company’s directives.
One can avail a duplicate policy document if they lost the original copy.
Policy members can convert from one policy to another. For example, a whole life Assurance policy can change to an Endowment assurance policy.\
Policyholders can request income tax exemption under the Income Tax Act section 88.
The policy user can pay either monthly, quarterly, or yearly.
A discount of 2% is available for users paying their amount in advance.

Requirement for Postal Life Insurance Online Payment

Every PLI policy user must have the following to complete online transactions.

The registered mobile number at the PLI policy
Email ID registered with the company.

PLI Login

Generate Customer ID	https://pli.indiapost.gov.in/CustomerPortal/mGenerateCustIDMain.action
Steps for Customer Registration	https://pli.indiapost.gov.in/CustomerPortal/mRegistrationSteps.action
Forgot Password	https://pli.indiapost.gov.in/CustomerPortal/mForgotPwdMain.action
Forgot Customer ID	https://pli.indiapost.gov.in/CustomerPortal/mForgotCustIDMain.action
PLI Customer Portal Login	https://pli.indiapost.gov.in/CustomerPortal/mLogin.action

pli.indiapost.gov.in

How to Register at PLI Customer Portal

Policyholders must register their details online and create login credentials to ease policy payment.

Open the PLI customer website via the link
https://pli.indiapost.gov.in/CustomerPortal/PSLogin.action.
Next, select “generate customer ID” and enter the required details as indicated on your policy documents.
Recheck the details and press submit button.
A new message will show, and the customer ID and registration link will be sent to the email ID.
The link is valid for 72 hours; open the link to proceed with the registration process.
Once opened, the password reset page will show; create your preferred password to complete the process.
The system will verify and update the registration details after 24 hours.