Incentives Payable to GDS BPMs in Post Offices

ELIGIBLEINCENTIVES PAYABLETO GDS BPMs ON DEPARTMENTAL POSB AND IPPB
Sl.No	Scheme Details	Description	Incentive Details
1	SB	Net Accretion excluding deposits made in the month of March but including withdrawals of March of not less than Rs.500/-	1%
		1 Yr TD Deposit	0.5%
2	TD	2 Yr/3 Yr TD Deposit	1.0%
		5 Yr TD Deposit	2.0%
	SAS	MIS / NSC / KVP	0.5%
3	Agency (BPMs are eligible to get SAS Agency as per Rule 3(a) of SAS, 1959 vide Dte r.No.107-01/2020-SB dated 20.01.2021)	Yr/2Yr/3Yr/5rTD Deposit	0.5%

PM Schemes

PM Schemes Incentives
Sl.No	Scheme	Details	Incentive
4	PMSBY	Per successful registration	0.50 Paisa
5	PMJJBY	Per successful registration	Rs.20/-
6	APY	Per successful registration	Rs.30/-

Mails related incentives for GDS

		MAILS
Sl.No	Scheme	Details	Incentive
		Booking	0.50 Paise per Article
1	Speed Post	Delivery	0.50 Paise per Article

Incentives for PLI

PLI
For first	Year Incentive (i.e, for first 12	Months) PLI
Sl.No	Policy Type	POLICY PAYING TERM	INCENTIVE STRUCTURE
		Up to and equal to 15 years	4% of first year premium
		More than 15 years but less than or equal to 25 years	10% of first year premium
1	FOR EA, WLA,CWLA,YS AND CHILDREN POLICY	More than 25 years	20% of first year premium
	FOR AEA (MONEY BACK) POLICY	less than or equal to 15 years	5% of first year premium
2		More than 25 years	% of first year premium

Incentive for Postal life insurance

For Renewal	Year Incentive (i.e, after 12	Months) PLI
Sl.No	Policy Type	POLICY PAYING TERM	INCENTIVE STRUCTURE
1	For All types of policies		1% of Renewal Premium

RPLI Incentives

For Renewal	Year Incentive (i.e, after 12	Months) RPLI
Sl.No	Policy Type	POLICY PAYING TERM	INCENTIVE STRUCTURE
1	For all types	of policies	2.5% of renewal premium

IPPB Incentives

		IPPB
Sl.No	Product	Product Description	Incentive (in Rs.)
1		SB Account without Aadhaar Seeding	26.00
2		SB Account with only Aadhaar Seeding	33.90
3	Premium Khata	SB Account with Aadhaar Seeding and VDC	48.43
4		CA With Instalation of UPI IQR and 2 trans within 30 Days	48.43
5	CELC	Per transaction	11.01
6	AEPS	Tran amount 3000 and above	3.90
7	DSB	DoorStep Banking Services	5.20
8	DLC	Digital Life Certificate	15.42
9		Motor Insurance- Avg premium amount 5000	195.00
10		Health Insurance- Avg Pemium amount 8000	312.00
11	GI	Nivabupa Policy 755 / Aditya Birla 749	25.00
12		Nivabupa Policy 555 / Aditya Birla 549	18.00
13		Tata 520	17.00
14		Bajaj 396	13.00
15		GAG Policy 258	8.50
16		JUN, JUL, AUG- Total Permium- 436	8.74
17		SEP, OCT, NOV- Total Premium- 242	7.03
18	PMJJBY	DEC, JAN, FEB Total Prmium- 228	4.69
19		MAR, APR, MAY Total Premium- 118	2.34
20	MT(Domestic Money Transfer)	Tran amount 10000	21.32
21	GPG(Guaranteed Pension Group)	10 Lakhs customer	4264.00

 

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