PLI Bonus Rate 2023

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Department of Posts issued Notification on PLI Bonus Rate for the Year 2023-24 with following Rates

Here Below the PLI Bonus rate (Postal Life Insurance) for the year 2023-24 which will be applicable from 01.04.2023.

PLI Bonus Rate 2023

Type of Insurance PolicyRate of Bonus
Whole Life Assurance (WLA)Rs. 76/- Per thousand of Sum assured.
Endowment Assurance (EA)
(Including joint life & Children Policy)
Rs. 52/- Per thousand of Sum assured.
Anticipated Endowment Assurance (AEA)Rs. 48/- Per thousand of Sum assured.
Convertible Whole Life Assurance (CWLA)Whole life Bonus rate would be applicable, But on conversion,
Endowment Assurance Bonus rate will be applicable.
Terminal BonusRs 20/- per sum assured of Rs 10000/- subject to maximum of
Rs 1000/- for Whole Life Assurance and Endowment Assurance
policies with term of 20 years or more.

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