Welcome to the Official website of National Federation of Postal employees । नेशनल फेडरेशन ऑफ़ पोस्टल एम्प्लाइज की आधिकारिक वेबसाइट पर आपका स्वागत है।

Friday, June 26, 2020


 National Federation of Postal Employees
1st Floor North Avenue Post Office Building, New Delhi-110 001
Phone: 011.23092771                                                     e-mail: nfpehq@gmail.com
Mob: 9718686800/9319917295                     website: http://www.nfpe.blogspot.com



 

Ref: PF/NFPE/Resolution                                                                                                 Dated – 26.06.2020

To

The Secretary
Department of Posts
Dak Bhawan, New Delhi – 110001

Sub: - Resolution on bifurcation of DAP office into Hyderabad & Vijayawada and staff management regarding.      
Sir,

The below mentioned Resolution passed unanimously by the Federal Executive held on 19.06.2020 is sent herewith for taking necessary action.
RESOLUTION
“This Federal Executive Committee of National Federation of Postal Employees, in its meeting held on 19.06.2020, unanimously resolved to express its anguish, displeasure and disappointment over the unilateral Bifurcation of the combined Postal Accounts Office Hyderabad in to Andhra Pradesh and Telangana PAOs at Vijayawada and Hyderabad respectively causing irreparable damage to the lives of officials without considering the submissions and suggestions put forth by the staff side. It is highly disappointing to mention that the empowered Committee of CPMsG of both states have not considered/adopted the Bifurcation procedure/methods that were adopted at the time of formation of other Postal Accounts Offices in India or Circle Office or any other Office of Central Government in the state.
It is pertinent to mention here few relevant things, that the Bifurcation of the state of Andhra Pradesh has necessitated the Bifurcation of Postal Circle and then the Postal Accounts Office. From the beginning, the staff side is holding that they would welcome the formation of a new Postal Accounts Office for residual Andhra Pradesh. They also reiterated that the staff of Postal Accounts Office Hyderabad would support their best for smooth running and gradual establishment of the Postal Accounts Office at Andhra Pradesh. It is also a fact that some of the staff members have already given their willingness for Vijayawada PAO and joined there for rendering their services permanently there and another team of thirty two officials have moved there for rendering their services for one year as per PA Wing’s letter dated 15.11.2019. Additionally, till date, around thirty new recruits have joined in new PAO at Vijayawada and fifty JA/LDCs are going to join in coupe of days. A part of work of PAO, Vijayawada is being dealt there and the remaining work is being handled at Hyderabad.
Notwithstanding this, the empowered Committee has done permanent Bifurcation which causes irreparable damage to the lives and families of staff of PAO Hyderabad which has to be reviewed and revamped in the interest of justice.
·         Postal Accounts Offices are centralized offices. One Postal Accounts Office is located in every Postal Circle. Before bifurcation of Andhra Pradesh, the Postal Accounts Office was working from Hyderabad.
·         Officials who have joined in this office did not expect any transfer in their life time as inter - state or any type of transfer is not provided as per the Service Conditions.
·         Bifurcation of State of Andhra Pradesh necessitated the Bifurcation of combined PAO Hyderabad.
·         Officials have given their OPTION to Telangana as almost all of them have put up more than twenty years of service. They have established their families in Hyderabad with a hope of no transfer until their retirement. 
·         Many Postal Accounts Offices in India have been bifurcated in the past. But nowhere the officials of parent office were sent forcibly to newly formed office against their willingness but, unfortunately, in case of bifurcation of PAO Hyderabad, the officials are forcibly allotted/sent to Vijayawada.
·         The Postal Directorate is contemplating several alternatives so as to avoid permanent physical deployment of officials of parent office. As a part of this course 32 officials were sent to Vijayawada for one year in the month of December 2019 clearly mentioning the condition; after completing one year they would be repatriated to their parent office i.e. Hyderabad. They have also put another provision that even before completion of one year, if new officials would join through direct recruitment, the process of repatriation shall start.
·         Some more number of staff would also go on the same lines if required and this process may continue till required strength is recruited at Vijayawada.
·         Now the Directorate has allotted 67 new Junior Accountants and 15 LDCs to Vijayawada additionally providing 56 Junior Accountants as a course of implementing above alternatives, out of which 32 have already joined till date.
·         But the local authorities, without considering to our requests, without studying the procedure undertaken while bifurcating the other offices, without considering the alternative provisions made by the Directorate has issued a Bifurcation Order on 6.03.2020 and permanently allotted officials to Vijayawada.
·         It is disheartening that the provision of one year deployment made during December 2019 had been ruthlessly cancelled through the Bifurcation Order of March 6th.
·         It is pertinent that the present PAO at Hyderabad is functioning with half of the sanction strength and many retirements are going to take place in coming years. In this situation it would be a good and humanitarian decision to continue the posting of officials for one year at Vijayawada on rotational basis, till the required staff strength is recruited in Vijayawada.
·         Humanitarian and sympathetic view of the issues is required in this regard rather than the technical persuasion. The same humanitarian and sympathetic view can be seen in the previous cases of bifurcation of PAOs of other Circles and also while issuing the order of 15.11.2019 for sending 32 SAs for a period of one year.
·         It is reiterated that the staff of PAO Hyderabad are ready to go to PAO Vijayawada for some more terms on Temporary Transfer/Deputation.”

Hence in this background the Federal Executive Committee of National Federation of Postal Employees urges upon the Authorities to review the entire process of Bifurcation and to cause justice to the officials by setting aside the Bifurcation Order dated 06.03.2020. It is further requested to kindly consider the bifurcation of staff, based on humanitarian approach rather than on the technical aspects, and save the staff from distress, agony and uncertainty. It is also urged to have a comprehensive dialogue with Staff side.
-Sd/-
(President)
With regards,

Yours sincerely,


(R. N. Parashar)
Secretary General

Thursday, June 25, 2020




Ref:PF/NFPE/Lockdown                                               Dated – 25.06.2020

To

The P. K. Bisoi
Secretary
Department of Posts
Dak Bhawan, New Delhi – 110001

Sub: -  Regularization of leave period to the officials who could not attend duty due to lockdown or non availability of transport facilities.

Sir,

Though some instructions have been issued by DOPT and DOP with regard to regularization of leave of the officials who could not attend the duty due to lockdown or non-availability of transport facilities.

At most of the places, lower level officers are asking the officials to apply for leave which is due to him as he could not join duty under compelling circumstances due to lockdown due to COVID-19 or his residence came under Containment Zone and transport facility was restricted fully.

In such circumstances, you are requested to kindly issue comprehensive guide line to regularize the period of absence of the officials as mentioned above.

An early and positive action is highly solicited.

With regards,

Yours sincerely,


(R. N. Parashar)
Secretary General




Ref: PF/NFPE/IPPB                                                    Dated – 25.06.2020

To

Shri P. K. Bisoi
Secretary
Department of Posts
Dak Bhawan, New Delhi – 110001

Sub: -  Imposition of unrealistic targets to open IPPB accounts and payments under AEPS in Corona affected areas/containment Zones.

Sir,

We are receiving so many complaints from so many corners of the country that the officers at local level are allotting unrealistic targets to the employees to open the IPPB Accounts and making payments under AEPS in worst affected areas due to COVID-19. Even in containments Zones in various cities the Postal Employees including GDS are being forced to do this work.

So many employees have become infected and some have expired due to COVID-19. No adequate safety measures are provided to the officials. Opening of SB Account under IPPB and making payment under AEPS require physical contact to take thumb impression, which is too risky.

Keeping in view the above facts you are requested to kindly cause suitable instructions to all concerned to not allot unrealistic targets to open IPPB Accounts and making payment under AEPS during this period of COVID-19 pandemic and it should be restricted totally in containment Zones to save the life of poor postal employees.

Hoping for a positive response,

Yours sincerely


(R. N. Parashar)
Secretary General


Ref: PF/NFPE/COVID-19                                                                                      Dated – 25.06.2020

To

Shri. P. K. Bisoi
Secretary
Department of Posts
Dak Bhawan, New Delhi - 110001

Sub: -  Appointment to the ward of deceased Postal Employees due to COVID-19 disease.

Sir,

As you are aware that at some places, Postal Employees including GDS have expired due to COVID-19. After death of earning member, family comes under great trouble.

Though we have come to know that your good self has issued instructions to all Chief PMGs to settle the claims and pensioner matters of such deceased employees on priority basis for which this union convey thanks to you.

But to mitigate the problems of family of deceased employee, it is very much required that a ward of the deceased employees may kindly be given appointment relaxing the norms under relaxation of Recruitment rules as early as possible.

It is therefore requested to kindly cause suitable instructions in this regard so that the family of the deceased employee may get relief.

With regards,

Yours sincerely,


(R. N. Parashar)
Secretary General

CORRIGENDUM- OFFICE ORDER DATED 11 JUNE 2020 REGARDING EMPANELMENT OF PRIVATE HOSPITALS AND DIAGNOSTIC CENTRES UNDER CGHS DELHI-NCR (HEALTHWAY DENTAL AND MEDICAL CLINIC)  ( RELEASE DATE :24/06/2020 )
(CLICK THE LINK BELOW TO VIEW)
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REVISION OF TIME LIMIT FOR SUBMISSION OF FINAL CLAIMS FOR REIMBURSEMENT OF MEDICAL EXPENSES UNDER CGHS (JUNE 2020)  ( RELEASE DATE :24/06/2020 ) (CLICK THE LINK BELOW TO VIEW)


NOTIFICATION FOR HOLDING OF COMPETITIVE EXAMINATION RESTRICTED TO GDS FOR FILLING UP THE POST OF MTS (CLICK THE LINK BELOW TO VIEW)

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COMPETITIVE EXAMINATION LIMITED TO GRAMIN DAK SEVAKS FOR THE VACANCY YEARS 2018, 2019 & 2020 SCHEDULED TO BE HELD ON SUNDAY, THE 2ND AUGUST, 2020 – KARNATAKA CIRCLE     (CLICK THE LINK BELOW TO VIEW)
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DECLARATION OF RESULT OF LDCE (66.66%) FOR PROMOTION TO THE CADRE OF INSPECTOR OF POSTS FOR THE YEARS 2016-17, 2017-18 AND 2018, HELD ON 16TH- 17TH NOVEMBER 2019
(CLICK THE LINK BELOW TO VIEW)
http://utilities.cept.gov.in/dop/pdfbind.ashx?id=4584

Wednesday, June 24, 2020


REGULATION OF PENSION AND OTHER RETIREMENT BENEFITS OF GOVERNMENT SERVANTS WHO WERE ON EXTRAORDINARY LEAVE/UNAUTHORIZED ABSENCE/SUSPENSION AS ON 01.01.2016 AND RETIRED OR DIED THEREAFTER WITHOUT JOINING DUTY. (CLICK THE LINK BELOW TO VIEW)

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 (CLICK THE LINK BELOW TO VIEW)


LIST OF ALLOCATION OF CADRES/UNITS IN UP CIRCLE FOR APPOINTMENT AS POSTAL ASSISTANT/SORTING ASSISTANT ON THE BASIS OF COMBINED HIGHER SECONDARY LEVEL 2017, CONDUCTED BY SSC (CLICK THE LINK BELOW TO VIEW)

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BOOKING OF INTERNATIONAL EMS AND INTERNATIONAL TRACKED PACKET.
(CLICK THE LINK BELOW TO VIEW)
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FILLING UP OF THE VARIOUS VACANT POSTS OF ASSISTANT DIRECTOR GENERAL AND ASSISTANT DIRECTOR IN POSTAL DIRECTORATE
(CLICK THE LINK BELOW TO VIEW)




VERIFICATION OF MEMBERSHIP OF SERVICE ASSOCIATIONS UNDER CCS (RSA) RULES, 1993 IN DEPARTMENT OF POSTS-CALLING OF APPLICATIONS REGARDING



MAHARASHTRA GOVERNOR SHRI KOSHYARI DONATES 1 LAKH FOR POSTAL STAFF AFFECTED BY COVID - 19



Amount includes prize money from letter writing competition and personal contribution*

Maharashtra Governor Shri Bhagat Singh Koshyari today made a personal donation of Rs.1 lakh to the Maharashtra Posts for the treatment of the postal staff affected by the Corona virus Disease, Covid – 19. 

A cheque of Rs. One Lakh addressed to the ‘Maharashtra Postal Circle Welfare Fund’ was handed over by the Governor to the Chief Post Master General of Maharashtra Harish Chandra Agarwal at Raj Bhavan, Mumbai on Tuesday (23 June). 

Assistant Post Master Shrinivas Vyavahare was also present.
The amount of Rs. 1 lakh includes the sum of Rs.25000 received by the Governor as Prize money from the department of posts and his personal contribution of Rs.75000. 

The Governor had won the first prize in the letter writing competition for his essay in Hindi ‘Bapu, Aap Amar Hai’
The letter writing competition was organised by the Department of Posts on the occasion of the 150th Birth Anniversary of Mahatma Gandhi.

The competition, named ‘Dhai Akhar’ was held in November 2019 in Inland Letter and Envelope category for participants below 18 years and above 18 years of age. 

TRAVELLING ALLOWANCE RULES-SUBMISSION OF BOARDING PASS ALONGWITH TA BILL (Click the link below to view)

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NON-DEPOSITING OF COLLECTIONS FROM SAS/MPKBY AGENTS DUE TO POST OFFICE CLOSED IN CONTAINMENT ZONE-REG.

e.F.No.107-01/2020-SB 
Government of India 
Ministry of Communication 
Department of Post (F.S.Division)
To,
All Head of Circles/Regions 
Dak Bhawan 
New Delhi-110001 
Dated: 23.06.2020.

Sub: - Non-depositing of collections from SAS/MPKBY agents due to Post Office closed in containment zone-reg. 

Madam/Sir, 

Various references received from SAS/MPKBY agents/agents association regarding non acceptance of their collection of SAS/MPKBY agents due to some Post Offices closed in containment zone in view of COVID-19. No depositing of collection from SAS/MPKBY agents may leads to many difficulties to the depositors. 

Instructions to resolve this issue has already been circulated through CEPT vide email dated 28.03.2020. 

It is once again reiterated that in case of any Post Office not working due to COVID-19 or network failure the collection of SAS/MPKBY agents may be accepted in other Post Office (HO/SO) under the same HO.  Before acceptance of deposit from SAS/MPKBY agents in other Post Office, modify respective agent's ID and change SOL ID to HO SET ID through HDSAMM menu and save it. 

This issues with the approval of competent authority. 
Yours Faithfully, 
(Devenclea Sharma) 
Assistant Director(SB) 
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RPLI - PLI :: INTRODUCTION OF MONTHLY STATEMENT FOR MONITORING PROMPT PAYMENT IN PLI / RPLI DEATH CLAIM CASES IN R/O ARMED FORCES PERSONNEL & DEATH CAUSED BY COVID-19


Tuesday, June 23, 2020


POST OFFICE SAVINGS BANK AND POST OFFICE SAVINGS CERTIFICATE LATEST UPDATES COMPILED BY POSTAL TRAINING CENTRE, MYSURU AS ON 20.06.2020

CLICK TO DOWNLOAD PDF ( 27 PAGES)

GUIDELINES REGARDING CREDIT FACILITIES TO SERVING EMPLOYEES OF MINISTRY OF HEALTH AND FAMILY WELFARE, CGHS AND DIRECTORATE OF HEALTH SERVICES
ALLOTMENT OF SPACE IN TRAINS TO DEPARTMENT OF POSTS FOR TRANSPORTATION OF THEIR CONSIGNMENTS-REGARDING

 


Monday, June 22, 2020


DO FROM SECRETARY POSTS REGARDING EXPEDITIOUS DISPOSAL OF CLAIMS RELATING TO FAMILY PENSION/DEATH BENEFITS/PLI/RPLI & POSB


NEW PROMOTIONAL AND INCENTIVE STRUCTURE OF PLI/RPLI (CLICK THE LINK BELOW TO VIEW)


CENTRAL GOVERNMENT EMPLOYEES GROUP INSURANCE SCHEME(CGEGIS)

No.NC/JCM/2020                                                                                                    Date: June 18, 2020

The Secretary,
Department of Personnel & Training,
(Government of India),
North Block,  New Delhi-110001

Dear Sir,

Sub: Central Government Employees Group Insurance Scheme(CGEGIS)
Ref.: (i) Customized CGEGIS, Dept. of Expenditure, MoF’s OM dated 07.12.2018
         (ii) Brief on Customized Group Insurance Scheme (Dept. of Expenditure 06.05.2019)
        (iii) Brief Note on CGEGIS (DoPT 06.05.2019)
        (iv) Revised proposal for LIC’s customized Group Insurance(GI) for Central Government
Employees (13.09.2019)

1.                   Revision of Central Government Employees Group Insurance Scheme (CGEGIS) is long overdue since the rates of Sum Assured and the premium thereof continues to be the same since it was decided in 1990 inspite of much inflation and devaluation of money.

2.1.       Arising out of 7th CPC recommendations and based on JCM (Staff Side) representation, the Union Cabinet had asked the Ministry of Finance to work out a Customized Group Insurance Scheme for Central Government Employees with low premium and high risk cover.

2.2.       Staff Side had pointed out that the existing Scheme of CGEGIS is having a proven system. It is good except for non-revision of the scheme since 1990.

2.3.       Subsequently, some of the Customized Group Insurance Scheme for Central Government Employees prepared by LIC was shared with the JCM (Staff Side).

3.                   Main drawbacks in LIC proposals: Staff Side finds following major flaws in the proposal submitted by LIC to Department of Expenditure:

3.1               LIC has not given any proposal for the sum assured of 50 lakh, 25 lakh and 15 lakh at lesser subscription compared to the recommended by 7th CPC, as advised by the Cabinet.

3.2               The existing system of CGEGIS is a self-financing scheme, having non-transferable consolidated fund. When handed over to LIC, it will be treated as a profit centre. Hence subscription and other conditions will be changed to provide profit to LIC.

3.3               LIC has proposed a premium(for insurance) 20% higher than 7th CPC recommendations. In addition to that,18% GST on the Subscription have to be borne by employees. Hence, employee will end up in contributing subscription 41.6% more than the recommendations of the 7th CPC.

3.4               LIC’s proposal of revising the subscription every year will be disadvantageous to the employee and as such not acceptable to the Staff Side. 

3.5               LIC’s proposal of age based subscription increases monthly subscription by 4.28 times. It may result in different rates of premium for employees belonging to different age group working in the same pay level.

3.6               LIC also proposed for higher subscription if total number of employees covered in the scheme comes down. This will bring in total uncertainty as staff strength on roll continues to fluctuate due to retirement etc. and non-filling of vacancies.

3.7               LIC asked for transfer of existing corpus (around Rs.500 crore) which was most unreasonable, unprecedented and undesirable, particularly since it does not provide any matching relief to the employees in terms of lower premium.

3.8               Premium proposed to be charged by LIC was too high ,considering a very large group employees to be covered with a sanctioned strength of nearly 38.6 lakh Central Government employees in the CGEGIS.

3.9            a) In LIC’s Jeevan Amar Life Term Assurance Plan (UIN: 512N332V01), for the assured sum of Rs. 50 Lakh at the entry age of 20, annual premium is Rs.4,356, at the entry age of 30,it is Rs. 6,952. (The sample illustrative premiums for Jeevan Amar life term assurance plan is attached as Annexure-I).

b) Even after adding for Saving Fund under CGEGIS @ 3 times of the premium for Life Term Assurance Plan, the total amount of subscription for CGEGIS will be less than half of the monthly subscription proposed by the LIC and by the 7th CPC.

c) Monthly Subscription can be reduced by 20% when the scheme is applied for more than 30 lakh employees as a Group as per details given in Table-2, based on the Premium for Individual Term Insurance indicated in Table 1 below:-

Table-1: Monthly subscription in proportion to LIC’s Jeevan Amar Life Term Assurance Plan):


Pay Level of
Employee


Insurance Amount
Recommended by 7th CPC
Rs.
Proposed monthly subscription for CGEGIS
(In proportion to LIC’s
Jeevan Amar Term Assurance Plan) (#)
Correspond-ing SA (Savings)
For 30 years of service @8% annual interest Monthly compounding
Insurance
Fund (25%)
Rs.
Savings Fund (75%) (##)
Rs.
Total
Monthly Subscription
Rs.
Level 10 & above
50,00,000
600
1800
2400
27,02,331
Level 6 to 9
25,00,000
300
900
1200
13,51,165
Level 1 to 5
15,00,000
200
600
900
9,00,777

(#) Based on entry age of 30 years for Individual Term Insurance. (Premium amount rounded off to next hundred Rs.) (##)7th CPC recommended a ratio of 75:25 for savings fund to insurance fund.

Table-2 Monthly subscription for Group Insurance @ 20% lesser than subscription charged by LIC for Individual Life Term Assurance (shown in table-1) plus savings Fund in the ratio 25:75


Pay Level of
Employee

Insurance Amount
Recommended by 7th CPC
Rs.
Proposed monthly subscription for CGEGIS - (20% less than LIC’s
Jeevan Amar Term Assurance Plan’s premium) (#)
Corresponding SA (Savings)
For 30 years of service @8% annual interest Monthly compounding
Insurance
Fund (25%)
Rs.
Savings Fund (75%) (##)
Rs.
Total
Monthly Subscription
Rs.
Level 10 above
50,00,000
480
1440
1920
21.61,865
Level 6 to 9
25,00,000
240
720
960
10,80,932
Level 1 to 5
15,00,000
160
480
640
7,20,621

4. PROPOSALS OF THE STAFF SIDE

1.1. Staff Side proposes that for the sum assured recommended by 7th CPC the following rates of Monthly subscription @ 20% less than the Premium for Individual Term Insurance plus Savings Fund as derived in table-2 above.


Pay Level of
Employee

Insurance Amount
Recommended by 7th CPC
Rs.
Proposed monthly subscription for CGEGIS - (20% less than LIC’sJeevan Amar Term Assurance Plan’s premium)
Insurance
Fund (25%)
Rs.
Savings Fund (75%)
Rs.
Total
Monthly SubscriptionRs.
Level 10 & above
50,00,000
480
1440
1920
Level 6 to 9
25,00,000
240
720
960
Level 1 to 5
15,00,000
160
480
640

4.2        Monthly Subscriptions of Rs.1920, Rs.960 and Rs.640 for Sum Assured of Rs. 50 lakh, 25 lakh and 15 lakh for the Levels proposed by the 7th Pay Commission respectivelyand payable to the family of the deceased employee in case of an employee’s death.

4.3        Ratio of the Insurance Fund and Saving Fund should be 25% : 75% respectively.

4.4        In case of retirement, employees be paid a maturity benefit in proportion to the subscription, length of service and applicable interest rates.

4.5        The CGEGIS should continue to be handled by the Government as here to for.

4.6        The proposal to tie up with LIC should be dropped forthwith especially keeping in view the drawbacks in the proposal of LIC, as enlisted earlier in this letter,

4.7        The Revised Scheme, drawn after consideration of the above proposals, may please be discussed with the JCM Staff Side, and be finalised early as the revision thereof has already been delayed for too long.

Hoping for an early favourable decision on the long pending issue is solicited

                                                                                              

Encl: 1 Annexure

√Copy: Secretary, Department of Expenditure, Ministry of Finance – for necessary action please.

Annexure I

LIC’s JEEVAN AMAR LIFE TERM ASSURANCE PLAN (UIN: 512N332V01)

The sample illustrative premiums for both Option I (Level Sum Assured) and Option II (Increasing Sum Assured) for Basic Sum Assured of Rs.50 Lakh.

Option I (Level Sum Assured):
Age
Policy term
Regular Annual Premium
Annual Premium for limited premium Paying term of (Policy term minus 5) years
Annual Premium for limited premium Paying term of (Policy term minus 10) years
Single Premium
20
20
Rs. 4,356
Rs. 5,104
Rs.6,556
Rs.48,928
30
20
Rs. 6,952
Rs. 6,952
Rs.8,932
Rs.66,088
40
20
Rs.13,545
Rs. 13,545
Rs.17,595
Rs.1,27,395

Option II (Increasing Sum Assured):
Age
Policy term
Regular Annual Premium
Annual Premium for limited premium Paying term of (Policy term minus 5) years
Annual Premium for limited premium Paying term of (Policy term minus 10) years
Single Premium
20
20
Rs. 5,715
Rs. 5715
Rs. 8,595
Rs. 63,720
30
20
Rs. 8,415
Rs. 8415
Rs. 12,870
Rs. 94,095
40
20
Rs. 17,664
Rs. 17644
Rs. 27,232
Rs. 1,95,868

Eligibility conditions and other Restrictions:

a)       Minimum Age at entry: [18] years (Last Birthday)
b)       Maximum Age at entry: [65] years (Last Birthday)
c)       Maximum age at Maturity: [80] years (Last Birthday)
d)       Minimum Basic Sum Assured: Rs. 25,00,000/-.
e)       Maximum Basic Sum Assured: No Limit.The Basic Sum Assured shall be in multiples of: Rs. 1,00,000/-, if Basic Sum Assured for the policy is Rs.25,00,000/- to Rs. 40,00,000/-Rs. 10,00,000/-, if Basic Sum Assured for the policy is above Rs. 40,00,000/-.
f)        Policy Term: [10 to 40] years
g)       Premium Paying Term:Regular Premium: Same as policy termPremium: [Policy Term minus 5] years for Policy Term [10 to 40] years : [Policy Term minus 10] years for Policy Term [15 to 40] years