Eligibility for Postal Life Insurance

Who is eligible for PLI?

• All permanent and temporary employees of Central/State Governments, Universities established by Governments (Centre/State), Gramin Dak Sewaks, government-aided educational institutions, and scheduled commercial Banks (As per RBI guidelines. Which includes foreign Banks, Private Banks, and Regional Rural Banks. Nationalized Banks, State Bank of India, Subsidiary Banks of State Bank of India, Financial Institutions notified by the Government, Defence personnel (Army, Navy, Air Force), Personnel of paramilitary forces including Assam Rifles, ITBPF, CISF, BSF and CRPF, etc., Regular employees under some condition contractual employee of Public Sector Undertakings (Centre and State), Regional Rural Banks, Permanent & temporary servants of local bodies paid from “Local Funds” as defined in Fundamental Rule 9 (14).
•  Permanent and temporary employees of the CSIR, The Medical Council of India (MCI), The Dental Council of India(DCI), The Nursing Council of India, and The Pharmacy Council of India. Junior/Senior Resident Doctors who are covered under CCS (Temporary Service) Rules 1965.
• Industrial and Work-charged employees in the Department of Posts and Department of Telecommunications whose pay is regulated under the “Fundamental Rules”
• All permanent and temporary employees of an autonomous body established by stipulated rules of Centre/State governments.
• All personnel of  Defence Services including those holding short service commissions, extended service commissions, and other kinds of non-permanent commissions are also eligible to join the fund.
• Employees engaged/ appointed on a contract basis by Central/ State Governments, where the contract is extendable.
• Employees of joint Ventures in which Central/ State Governments/Public Sector Undertakings/ Nationalized Banks have a minimum holding of 10 percent.
• Members/ employees of Credit Cooperative Societies and other cooperative societies registered with the Government under the Cooperative Societies Act and partly or fully funded by the Central/State Governments/ RBI/’SBI/ Nationalized Banks/ NABARD, and other such institutions notified by the Government.
• Employees of Deemed Universities and Educational Institutes accredited by recognized bodies such as the National Assessment and Accreditation Council, All India Council of Technical Education, Medical Council of India, etc. and/ or affiliated to Universities/ Boards, etc.
• Employees of all Scheduled Commercial Banks.
• All employees whether teaching or non-teaching staff of all private educational institutions/schools/colleges etc. which are affiliated to recognized Boards (recognized by Centre/State Government) of Secondary/Senior Secondary education i.e. CBSE, ICSE, State Boards, Open Schools, etc.
• All Professionals as Doctors (including Doctors pursuing Post Graduate degree courses through any Govt/Private Hospitals, Residents Doctors employed on a contract/permanent basis in any Govt/Private Hospitals etc), Engineers (including Engineers pursuing Master’s/Post Graduate degrees after having passed GATE entrance test), Management Consultants, Charted Accountants registered with Institute of Charted Accountants of India, Architects, Lawyers registered with Bar Council of India/States, Bankers working in Nationalised Banks and its Associate Banks, Foreign Banks, Regional Rural Banks, Scheduled Commercial Banks including Private Sector Banks etc.
• Employees of listed companies of NSE (National Stock Exchange) and Bombay Stock Exchange (BSE) in IT, Banking & Finance, Healthcare/Pharma, Energy/Power, Telecom, Infrastructure Sector etc, where employees are covered for Provident Fund/Gratuity and/or their leave records are maintained by the establishment.
• All Graduates from a recognized university in India.