Simplifying the PLI Statement Download Process for You

In the digital age of clicks and convenience, handling your insurance has become easy, especially when it comes to Postal Life Insurance (PLI).  PLI is like your reliable financial companion that offers affordable coverage and a chance to grow your investments.

And, when it comes to the PLI statement download process, you can download it online without any hassle. So, if you are curious to know how, then we are here to assist you. In this post, we will walk you through the steps to download the PLI statement along with helping you understand the premium payment process also. 

What is Postal Life Insurance?

Established in 1884, Postal Life Insurance originated as a welfare scheme with the primary motive of benefiting employees in the postal department. Over the years, PLI has evolved to involve a broader audience, extending its coverage to employees of Central and State Governments, Defence and Paramilitary Services,  Public Sector Undertakings, RBI, Nationalised Banks, Cooperative societies registered with the government, and more. Notably, PLI does not apply to employees in the private sector.

For your information, Postal Life Insurance offers a range of six schemes each of which is tailored to diverse needs:

• Whole Life Assurance
• Joint Life Assurance
• Anticipated Endowment Assurance
• Convertible Whole Life Assurance
• Endowment Assurance
• Children Policy

Online premium payments are available for these PLI policies, making the transaction convenient and hassle-free. Additionally, within 24 hours of an online premium payment, the respective PLI statement becomes available online. Users can easily check their policy details and payment history by utilising the PLI web portal, the Postinfo mobile application, or the IPPB mobile application to access this statement.

PLI Statement Download Process

Here’s a list of steps to download the PLI statement:

Step 1: Open your web browser and go to the official website of India Post.

Step 2: Look for the section related to Postal Life Insurance on the website.

Step 3: Click on the 'OK'  button to be redirected to an external website where PLI services are managed.

Step 4: Find the 'Login' option located in the top right-hand corner.

Step 5: Enter your Customer ID, Password, and Captcha code, and click on the 'Login' button to access your account.

Step 6: Once logged in, navigate to the 'Tools and Utilities' section.

Step 7: In the dropdown menu, locate and tap on 'Payment History'.

Step 8: Finally, look for an option to download your PLI statement.

That's all! The PLI statement download process was this easy and straightforward. Also, please note that you will be able to download the PLI statement only after the premium has been paid successfully. 

And, if you don’t know how to pay the premium online, then the following section of this article has got you covered. 

Payment of PLI Premium Online

Are you a PLI investor? If yes, then here are 3 easy and simple ways to make the PLI premium payment online. 

India Post Web Portal

Follow the below-mentioned steps to pay PLI premium online directly via the India Post web portal:

Step 1: Visit the official website of India Post.

Step 2: Next, go to the Postal Life Insurance section.

Step 3: Now, click the 'OK'  button to be redirected to an external page.

Step 4: On the left, tap the 'Purchase a Policy' option.

Step 5: Select the ' Initial Payment' option from the dropdown menu.

Step 6: You will be required to enter the 'Proposal Number' now. 

Step 7: Lastly, click 'Submit' and proceed with the premium payment. 

Postinfo Mobile Application

If you wish to use the Postinfo mobile application to make the payment of premium, you will have to follow these steps:

Step 1: Start with downloading the 'Postinfo' application on your mobile.

Step 2: Next, tap on the 'Insurance' button. 

Step 3: On the next page, click on 'Customer Login.'

Step 4: Proceed further by entering your Customer ID, Password, and Captcha, and then click on the 'Login' button.

Step 5: Now, select the 'Payments' option and choose your policy number.

Step 6: Confirm the premium amount and hit the 'Pay Now' button. 

India Post Payments Bank - IPPB Mobile Banking Application

Last but not least, you can even use the IPPB mobile banking application to pay PLI premium online. Here are the steps that you need to follow:

Step 1: Download the IPPB application on your mobile phone.

Step 2: Now, log in to the application and select 'Post Office Services'. 

Step 3: Next, choose the 'Postal Life Insurance' option and click on 'Pay Premium'.

Step 4: Before proceeding further, you need to agree to the terms and conditions by selecting 'Yes'.

Step 5: Provide the Policy Number and Date Of Birth, then click 'Continue'.

Step 6: Now, review the premium amount and tap on the  'Continue' button. 

Step 7: Pick your 'Customer Account', verify details, and hit the 'Confirm' button. 

Step 8: Finally, enter your MPIN and your premium will be successfully paid.

Minimum Requirements for Online PLI Payments

To pay your Postal Life Insurance (PLI) premium online, ensure the following minimum requirements are met:

• Registered Contact Information: Make sure your contact information is registered in your PLI policy. This typically includes your mobile number and email address.

• Registered Email ID: Your email ID must also be registered in your PLI policy to facilitate online communication and transactions.

• Visit the Nearest Post Office: If your contact details are not registered, visit the nearest post office and request to update your mobile number and email address in the system by submitting a written request.

By meeting these minimum requirements, you'll be all set to make your PLI premium payments online conveniently. 

Conclusion

It now only takes a few clicks to access your Postal Life Insurance (PLI) statement in this constantly changing world of financial management. With the PLI statement download process explained above, you may easily get your PLI statement online, which will make your financial path easier to navigate.

Frequently Asked Questions (FAQs)

Q1: How many types of plans does PLI have?

Ans: PLI offers six different schemes to suit different needs, including Whole Life Assurance, Joint Life Assurance, Children Policy, and more.

Q2: Can I download my PLI statement if I haven't paid my premium yet?

Ans: No, you can only download your PLI statement after you've successfully paid your premium. Make sure your payment is sorted before trying to download.

Q3: What do I need to pay my PLI premium online?

Ans: Make sure your contact information, like your phone number and email ID, is up to date. If not, then please go to the nearest post office to get it sorted.