per Scheme Rules. Minimum Group Size for new. Scheme. 10. Maximum Group Size. No restriction. Minimum Sum Assured. Rs.5000. Maximum Sum Assured. As Per Gratuity ...

The LIC's New Group Gratuity Cash Accumulation Plan is a Non Participating Variable Insurance. Plan and will not participate in the profits of the Corporation.

Gratuity Benefits to Members whenever payable as per Rules of the Scheme shall be paid to the PolicyHolder by debiting the requisite no of units to the ...

Eligibility Criteria for LIC's New Group Gratuity Cash Accumulation Plan ; Entry age. 18 years (completed). 75 years ; Age at renewal. -. 80 years ; Contribution.

Contribution: Each policy year a Policyholder shall pay Contributions to secure Gratuity Benefit as per. Scheme Rules and also to provide Life Cover Benefit.

The Group Gratuity Cash Accumulation Plan is a non participating plan and will not participate in the profits of the Corporation. 22. For Claiming the Term ...

11 мар. 2024 г. · These rules mandate the employers to incorporate an insurance fund for the payment of gratuity to employees. Following are the frequently asked questions ...

Evidence of age of every Eligible Employee satisfactory to the corporation shall be furnished before he is admitted to the membership of the scheme and if the ...

12 авг. 2024 г. · Organizations which has a minimum number of 10 employees since the past financial year becomes liable to pay gratuity.

Criteria, Minimum, Maximum ; Entry Age, 18 years, 75 years ; Maximum Maturity Age, 80 years ; Sum assured, Rs.5000, As per the rules of the gratuity scheme ; Group ...