PLI Calculator 2025
Calculate your Postal Life Insurance premium, maturity amount, and benefits
About Postal Life Insurance (PLI)
Eligibility
- Postal/Telegraph employees
- Central/State government employees
- Defense personnel
- Age: 19-55 years at entry
Policy Types
- Whole Life Assurance
- Endowment Assurance (15-35 years)
- Anticipated Endowment
- Convertible Whole Life
Benefits
- Low premium rates
- High bonus rates
- Tax benefits under Section 80C
- Loan facility available
Features
- Sum Assured: ₹20,000 to ₹50 lakhs
- Premium payment: Monthly to Yearly
- Bonus declaration annually
- Surrender value after 3 years
Frequently Asked Questions
Who can buy PLI policies?
PLI policies are available to postal employees, telegraph employees, central and state government employees, and defense personnel. The age at entry should be between 19-55 years.
What is the maximum sum assured under PLI?
The maximum sum assured under PLI is ₹50 lakhs, while the minimum is ₹20,000. The sum assured can be increased based on salary increments and promotions.
How is bonus calculated in PLI?
PLI offers attractive bonus rates which are declared annually. The bonus is calculated based on the sum assured and the number of years the policy has been in force.
Can I take a loan against my PLI policy?
Yes, you can take a loan against your PLI policy after it acquires surrender value (typically after 3 years). The loan amount can be up to 80% of the surrender value.