PLI NACH Complete Details for Deduction of PLI-RPLI Premium from Any Bank Account

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Department has issued circular & SOP for Deduction of PLI-RPLI Premium from any Bank Account on 22 Jan 2024.

Links of Forms, Circular & SOP is provided in this posts.

Documents Required for NACH

  • NACH Form
  • Self Attested Copy of Pan Card
  • Self Attested Copy of Aadhaar Card
  • Selft Attested Copy of First Page  of PLI  Passbook
  • Cancelled Cheque (preffered) / First Page of Bank  Passbook

* It is important that premium of PLI should be paid  till month in which application is  received. eg- if Application of NACH is received in the month of February , Premium should be paid till the month of Februrary & Amount will be deducted from next month.

SOs May collect the above mentioned Documents from customer & forward the same to PLI CPC Branch of Head Post office for further proceesing.

Important Downloads Form PLI NACH

1. PLI NACH FORM PDF

2. Part I PLI SOP NACH User_Manual_SBI

3. Part_II_PLI_SoP_NACH_McCamish

4. Forwarding-letter.22.01.24

5. Template for Uploading NACH (on SBI Yono Business Website- PLI CPC Use) 

 

Sample of NACH form filling

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