Bonus Declaration: PLI & RPLI (2026-27)

Bonus Declaration: PLI & RPLI (2026-27)

The Department of Posts has approved the following Simple Reversionary Bonus rates for policies active during the fiscal year 2026-27:

1. Postal Life Insurance (PLI)

Plan TypePolicy NameBonus Rate (per โ‚น1,000 Sum Assured)
Whole Life AssuranceSurakshaโ‚น76
Endowment AssuranceSantoshโ‚น52
Convertible Whole LifeSuvidhaโ‚น76 (unless converted)
Anticipated EndowmentSumangalโ‚น48
Joint Life AssuranceYugal Surakshaโ‚น52
Children PolicyBal Jeevan Bimaโ‚น52

2. Rural Postal Life Insurance (RPLI)

Plan TypePolicy NameBonus Rate (per โ‚น1,000 Sum Assured)
Whole Life AssuranceGram Surakshaโ‚น60
Endowment AssuranceGram Santoshโ‚น48
Anticipated EndowmentGram Sumangalโ‚น45
Children PolicyBal Jeevan Bimaโ‚น48

Key Highlights

  • Terminal Bonus: For PLI Whole Life and Endowment Assurance policies with a term of 20 years or more, a terminal bonus of โ‚น20 per โ‚น10,000 sum assured is applicable (capped at a maximum of โ‚น1,000).
  • Effective Date: These rates are applicable for the valuation period of 2026-27 and will be credited to the respective policies.
  • Tax Benefits: Under Section 10(10D) of the Income Tax Act, the maturity amount (including these bonuses) is generally tax-free.

Note: For Convertible Whole Life Assurance (Suvidha), the Whole Life bonus rate (โ‚น76) applies only if the policy is not converted. Once converted to an Endowment policy, the Endowment bonus rate (โ‚น52) will apply from the date of conversion.

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