Inaugurating the EPLI Bonds, Secretary Posts Vineet Pandey said that EPLI Bonds is the department’s first digital integration with DigiLocker, which will facilitate citizens in a meaningful manner by providing easy access and quick claim settlement.
The ePLI bond has been made available in collaboration with DigiLocker, developed by the National e-Governance Division (NeGD), Ministry of Electronics and IT (Meity).
“If the user has multiple postal and rural PLI policies such as Endowment Assurance, Anticipated Endowment Assurance, Whole Life Assurance, Variable Life Assurance, Child Policy, Couple Suraksha (in PLI) and Gram Priya (in RPLI), all policies by the Department of Posts The policy can be downloaded immediately after bond issuance.”
Policyholders need not wait for the delivery of the physical copy of the PLI Policy Bond, and this facility is available to all new and old policyholders.
“The policyholder will get the benefit of presenting the digital copy during maturity settlement at the post office from the Issued section of the DigiLocker mobile app. The digital copy will be treated as a valid policy document by the Department of Posts,” the statement said.
The policyholder will be able to use the EPLI Bond as a proof to make any changes required in the policy document like change of address, nomination etc. without the hassle of carrying a physical copy.