PAYMENT OF HONORARIUM TO STAFF WORKING AT CPC

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Subject: PAYMENT OF HONORARIUM TO STAFF WORKING AT CPC – reg

This is regarding payment of honorarium to operational staff working at CPC in connection with liquidation of new proposals indexed in PLI and RPLI from 15.03.2024 to 31.03.2024.

  1. To motivate CPC officials and other staff of Division/Region/Circle working at

CPC, it has been decided that they may be considered for payment of honorarium on procurement of new PLI/RPLI policies at the following rates:

Activity Honorarium amount per new PLI/RPLI
business proposal (in Rs.)
Indexing of new business proposal (at BO/SO/HO) 2
Scanning Assistance at CPC 2
Data Entry Operator at CPC 2
Quality Checker at CPC 2
Approver at CPC 2
Issuance of Policy Bond 2
Total 12

 

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  1. This honorarium is admissible for new PLI and RPLI policies indexed from 03.2024 to 31St March, 2024 and will be paid only after the policy bond is issued for a newly indexed PLI/RLI policy. This may be applicable from 15.03.2024 to 31.03.2024 only.
  2. Further, it is intimated that the following 10 Digit GL Code and 15 digit CGA Head of Account are to be used for payment of the honorarium to CPC staff on account of processing of new PLI / RPLI policies:
10 Digits CSI
GL Code
Mapped with 15 Digits CGA
Head of Accounts
Nomenclature into
CSI-SAP System
3031620113 320103101080101 Honorarium

 

  1. This issues with approval of the competent authority.

 

PAYMENT OF HONORARIUM TO STAFF WORKING AT CPC
PAYMENT OF HONORARIUM TO STAFF WORKING AT CPC

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