PLI/RPLI premium can be paid anywhere in the Country without transfer of the policy file.

As per the existing provisions, PLI premium can be paid at any Post offices in the Circle from which the Postal Life Insurance policy was procured. RPLI premium can be paid only at the post offices from where the policy was procured. However there was provision to make payment of premium in Post offices in other Circles in the case of PLI and in other post offices in the case of RPLI only after transfer of policy which is a cumbersome process and time consuming. (The file concerned should be transferred to the Circle in case of PLI or Region in the case of RPLI. The insurant will be informed about the transfer and the insurant should show the letter of transfer to the new post office for accepting the premium. Then only, the premium will be accepted).

Now PLI Directorate has permitted all the computerised post offices in the Country to accept PLI or RPLI premium without transfer of policy. It is a welcome issue. There will be remarkable decrease in the paper work and the insurants will be benefited.

However, the counter PAs should collect the premium with proper care to enter correct policy number without mistake as there will be no online validation of the policy number. In case, the policy number is entered incorrect, the premium will still be accepted by the system, but will be kept as 'Unposted'.