PLI Bonus Rate 2023-24 in detail
- Whole Life Assurance (WLA) – Rs. 76/- per thousand of sum assured
- Endowment Assurance (EA) (including Joint life & children policies) – Rs. 52/- per thousand of sum assured
- Anticipated Endowment Assurance (AEA) – Rs. 48/- per thousand of sum assured
- Convertible Whole Life Policies (CWA) – Whole Life bonus rate would be applicable, but on conversion, Endowment Assurance bonus rate will be applicable.
- Terminal Bonus – Rs. 20/- per sum assured of Rs. 10,000/- subject to a maximum of Rs. 1000 for Whole life assurance and Endowment assurance policies with a term of 20 years or more.
Latest PLI Bonus Interest rates 2023-24 chart and table
|
Name of PLI Policy |
Bonus Rate for the year 2023-24 |
|
Whole Life Assurance (WLA) PLI Policy |
Rs. 76/- per thousand of sum assured |
|
Endowment Assurance (EA) |
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 |
|
Terminal Bonus |
Rs. 20/- per sum assured of Rs. 10,000/- |
Postal Life Insurance Bonus rates 2023-24 PDF
PLI Bonus History till today
|
PLI Bonus rate in FY 2016-2017 |
|
|
Whole Life Insurance (WLA) |
Rs. 85/- per thousand of sum assured |
|
Endowment Assurance (EA) (including Joint and Children policies) |
Rs. 58/- per thousand of sum assured |
|
Anticipated Endowment Assurance (AEA) |
Rs. 53/- per thousand of sum assured |
|
Convertible Whole Life Policies (CWA) |
Whole life bonus rate would be applicable, but on conversion, Endowment Assurance bonus rate will be applicable |
|
Terminal Bonus |
Rs. 20/- per thousand of 10000/- subject to maximum of Rs. 1000 for Whole Life Assurance and Endowment assurance policies with term of 20 years or more. |
|
PLI Bonus rate in FY 2017-2018 |
|
|
Whole Life Insurance (WLA) |
Rs. 85/- per thousand of sum assured |
|
Endowment Assurance (EA) (including Joint and Children policies) |
Rs. 58/- per thousand of sum assured |
|
Anticipated Endowment Assurance (AEA) |
Rs. 53/- per thousand of sum assured |
|
Convertible Whole Life Policies (CWA) |
Whole life bonus rate would be applicable, but on conversion, Endowment Assurance bonus rate will be applicable |
|
Terminal Bonus |
Rs. 20/- per thousand of 10000/- subject to maximum of Rs. 1000 for Whole Life Assurance and Endowment assurance policies with term of 20 years or more. |
|
PLI Bonus rate in FY 2018-2019 |
|
|
Whole Life Insurance (WLA) |
Rs. 85/- per thousand of sum assured |
|
Endowment Assurance (EA) (including Joint and Children policies) |
Rs. 58/- per thousand of sum assured |
|
Anticipated Endowment Assurance (AEA) |
Rs. 53/- per thousand of sum assured |
|
Convertible Whole Life Policies (CWA) |
Whole life bonus rate would be applicable, but on conversion, Endowment Assurance bonus rate will be applicable |
|
Terminal Bonus |
Rs. 20/- per thousand of 10000/- subject to maximum of Rs. 1000 for Whole Life Assurance and Endowment assurance policies with term of 20 years or more. |
|
PLI Bonus rate in FY 2019-2020 |
|
|
Whole Life Insurance (WLA) |
Rs. 85/- per thousand of sum assured |
|
Endowment Assurance (EA) (including Joint and Children policies) |
Rs. 58/- per thousand of sum assured |
|
Anticipated Endowment Assurance (AEA) |
Rs. 53/- per thousand of sum assured |
|
Convertible Whole Life Policies (CWA) |
Whole life bonus rate would be applicable, but on conversion, Endowment Assurance bonus rate will be applicable |
|
Terminal Bonus |
Rs. 20/- per thousand of 10000/- subject to maximum of Rs. 1000 for Whole Life Assurance and Endowment assurance policies with term of 20 years or more. |
|
PLI Bonus rate in FY 2020-2021 |
|
|
Whole Life Insurance (WLA) |
Rs. 85/- per thousand of sum assured |
|
Endowment Assurance (EA) (including Joint and Children policies) |
Rs. 58/- per thousand of sum assured |
|
Anticipated Endowment Assurance (AEA) |
Rs. 53/- per thousand of sum assured |
|
Convertible Whole Life Policies (CWA) |
Whole life bonus rate would be applicable, but on conversion, Endowment Assurance bonus rate will be applicable |
|
Terminal Bonus |
Rs. 20/- per thousand of 10000/- subject to maximum of Rs. 1000 for Whole Life Assurance and Endowment assurance policies with term of 20 years or more. |
|
PLI Bonus rate in FY 2022-2023 |
|
|
Whole Life Insurance (WLA) |
Rs. 76/- per thousand of sum assured |
|
Endowment Assurance (EA) (including Joint and Children policies) |
Rs. 52/- per thousand of sum assured |
|
Anticipated Endowment Assurance (AEA) |
Rs. 48/- per thousand of sum assured |
|
Convertible Whole Life Policies (CWA) |
Whole life bonus rate would be applicable, but on conversion, Endowment Assurance bonus rate will be applicable |
|
Terminal Bonus |
Rs. 20/- per thousand of 10000/- subject to maximum of Rs. 1000 for Whole Life Assurance and Endowment assurance policies with term of 20 years or more. |