Incentives to IPPB End Users in Post Offices

1. Premium Khata

• Customer Charge: Rs. 149 + GST (Total: Rs. 176)
• Incentive to LO End User: Rs. 34 – Rs. 48

This incentive range likely depends on specific performance metrics or tiers.

2. CELC Services

Mobile Update:

• Customer Charge: Rs. 50
• Incentive: Rs. 11

Baal Aadhaar:

• Customer Charge: Free
• Incentive: Rs. 10

Free service with incentive highlights efforts to promote essential documentation for children.

3. Accidental Guard Policy

• TAG (Rs. 399): Incentive of Rs. 13
• TAG (Rs. 299): Incentive of Rs. 10
• Bajaj GPA (Rs. 396): Incentive of Rs. 13
• Bajaj GPA (Rs. 258): Incentive of Rs. 8.50

Incentives vary with policy premium, encouraging upselling of higher-value plans.

4. General Insurance

Bike Insurance:

• Own Damage (OD) Premium (Rs. 900): Rs. 30
• Third-Party (TP) Premium (Rs. 900): Rs. 5

Car Insurance:

• OD Premium (Rs. 6000): Rs. 198
• TP Premium (Rs. 6000): Rs. 33

Higher incentives for OD policies reflect their complexity or profitability.

5. Health & Term Insurance

• Health Insurance (Premium Rs. 5000): Rs. 165
• Term Insurance (Premium Rs. 10,000): Rs. 1040

Substantial incentives for term insurance align with long-term customer value.

6. Group Pension Plan

• Premium (Rs. 10 Lakh): Rs. 5200

High incentive underscores the importance of retirement planning products.

7. Digital Services

• Digital Life Certificate (Rs. 70): Rs. 15.40
• AEPS (Free): Up to Rs. 3.90

Even free services generate small incentives, promoting digital adoption.

8. PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana)

Premiums (Rs. 436, 342, 228, 114): Incentives of Rs. 41, 33, 22, 11

Sliding scale ensures fairness across premium tiers.

9. Doorstep Banking

• Customer Charge: Rs. 20
• Incentive: Rs. 5.20

Encourages last-mile banking accessibility.

Incentive to L0 End Users

Product / Service	Charge to Customer	Incentive to L0 End User
Premium Khata	Rs. 149 + GST = Rs. 176	Rs. 34 – Rs. 48
CELC – Mobile Update	Rs. 50	Rs. 11
CELC – Baal Aadhaar	Free	Rs. 10
Accidental Guard Policy	TAG – Rs. 399	Rs. 13
	TAG – Rs. 299	Rs. 10
	Bajaj GPA – Rs. 396	Rs. 13
General Insurance – Bike	Bajaj GPA – Rs. 258	Rs. 8.50
	Ex. Premium 900 OD	Rs. 30
General Insurance – Bike	Ex. Premium 900 TP	Rs. 5
General Insurance – Car	Ex. Premium 6000 OD	Rs. 198
	Ex. Premium 6000 TP	Rs. 33
Health Insurance	Ex. Premium 5000	Rs. 165
Term Insurance	Ex. Premium 10000	Rs. 1040
Group Pension Plan	Ex. 10 Lakh Premium	Rs. 5200
Digital Life Certificate	Rs. 70	Rs. 15.40
AEPS	Free	Up to Rs. 3.90
PMJJBY	Rs. 436, 342, 228 & 114	Rs. 41, 33, 22 & 11
Doorstep Banking	Rs. 20	Rs. 5.20