Incentives Payable to GDS BPMs in Post Offices

ELIGIBLEINCENTIVES PAYABLETO GDS BPMs ON DEPARTMENTAL POSB AND IPPB
Sl.No Scheme Details Description Incentive Details
1 SB Net Accretion excluding deposits made in the month of March but including withdrawals of March of not less than Rs.500/- 1%
    1 Yr TD Deposit 0.5%
2 TD 2 Yr/3 Yr TD Deposit 1.0%
    5 Yr TD Deposit 2.0%
  SAS MIS / NSC / KVP 0.5%
3 Agency (BPMs are eligible to get SAS Agency as per Rule 3(a) of SAS, 1959 vide Dte r.No.107-01/2020-SB dated 20.01.2021) Yr/2Yr/3Yr/5rTD Deposit 0.5%

PM Schemes

  PM Schemes Incentives
Sl.No Scheme Details Incentive
4 PMSBY Per successful registration 0.50 Paisa
5 PMJJBY Per successful registration Rs.20/-
6 APY Per successful registration Rs.30/-

Mails related incentives for GDS

    MAILS  
Sl.No Scheme Details Incentive
    Booking 0.50 Paise per Article
1 Speed Post Delivery 0.50 Paise per Article

Incentives for PLI

  PLI 
For first Year Incentive (i.e, for first 12 Months) PLI  
Sl.No Policy Type POLICY PAYING TERM INCENTIVE STRUCTURE
    Up to and equal to 15 years 4% of first year premium
    More than 15 years but less than or equal to 25 years 10% of first year premium
1 FOR EA, WLA,CWLA,YS AND CHILDREN POLICY More than 25 years 20% of first year premium
  FOR AEA (MONEY BACK) POLICY less than or equal to 15 years 5% of first year premium
2   More than 25 years % of first year premium

Incentive for Postal life insurance

For Renewal Year Incentive (i.e, after 12 Months) PLI  
Sl.No Policy Type POLICY PAYING TERM INCENTIVE STRUCTURE
1 For All types of policies   1% of Renewal Premium

RPLI Incentives

For Renewal Year Incentive (i.e, after 12 Months) RPLI  
Sl.No Policy Type POLICY PAYING TERM INCENTIVE STRUCTURE
1 For all types of policies 2.5% of renewal premium

IPPB Incentives

    IPPB  
Sl.No Product Product Description Incentive (in Rs.)
1   SB Account without Aadhaar Seeding 26.00
2   SB Account with only Aadhaar Seeding 33.90
3 Premium Khata SB Account with Aadhaar Seeding and VDC 48.43
4   CA With Instalation of UPI IQR and 2 trans within 30 Days 48.43
5 CELC Per transaction 11.01
6 AEPS Tran amount 3000 and above 3.90
7 DSB DoorStep Banking Services 5.20
8 DLC Digital Life Certificate 15.42
9   Motor Insurance- Avg premium amount 5000 195.00
10   Health Insurance- Avg Pemium amount 8000 312.00
11 GI Nivabupa Policy 755 / Aditya Birla 749 25.00
12   Nivabupa Policy 555 / Aditya Birla 549 18.00
13   Tata 520 17.00
14   Bajaj 396 13.00
15   GAG Policy 258 8.50
16   JUN, JUL, AUG- Total Permium- 436 8.74
17   SEP, OCT, NOV- Total Premium- 242 7.03
18 PMJJBY DEC, JAN, FEB Total Prmium- 228 4.69
19   MAR, APR, MAY Total Premium- 118 2.34
20 MT(Domestic Money Transfer) Tran amount 10000 21.32
21 GPG(Guaranteed Pension Group) 10 Lakhs customer 4264.00

 



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