Discontinuation of Pay-Recovery Mode for PLI Premiums – Transition to Digital Payment Channels from 01.04.2026

 

F.no. 25-01/2022-LI

Ministry of Communications

Department of Posts

(Directorate of Postal Life Insurance)

Chanakyapuri P.O. Complex,

New Delhi-110021

Dated: 12-03-2026.

To,

All Heads of Circles,

Sub: Discontinuation of premium payment through Pay-Recovery Book Adjustment for new PLI policies issued to officials of non-postal Central Government Ministries/Departments/Organizations w.e.f. 01.04.2026 - reg.

Madam/Sir,

I am directed to refer to the existing practice of collection of Postal Life Insurance (PLI) premium through pay-recovery book adjustment in respect of officials of non-postal Central Government Ministries/Departments/Organizations. In this regard, it has been decided that the option of premium payment through pay-recovery book adjustment shall be discontinued for new PLI policies issued to officials of non-postal Central Government Ministries/Departments/Organizations with effect from 01.04.2026.

Accordingly, Circles are requested to take necessary action to ensure that no new PLI policies, issued to officials of non-postal Central Government Ministries/Departments/Organizations, are enrolled under the pay-recovery book-adjustment mode from 01.04.2026 onwards. Suitable instructions may be issued to all concerned to ensure compliance.

It may also be ensured that Incharges of CPCs address the DDOs linked to the concerned CPCs by email/letter to advise existing policyholders to opt for alternate premium payment channels such as NACH (SI through India Post Payments Bank or Post Office Savings Bank or bank account)/online premium payment channels like customer portal. The process for the purpose is also enclosed herewith as Annexure.

This may be treated as most urgent and the compliance may be ensured accordingly.

This issues with the approval of the Competent Authority.

Digitally signed by

Kamal Kumar Sharma

Date: 12-03-2026

15:30:37

(Kamal Sharma)

DDM-III (PLI)

Copy to:

DPLI Kolkata for information and necessary action.

ANNEXURE

• PLI Premium Payment through Digital Modes Standing Instruction through POSB account
• Standing Instruction through IPPB App
• NACH mandate through Bank account
• Premium Payment and loan repayment through Customer Portal
• Premium Payment through POSB Internet Banking
• Premium Payment through IPPB App

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