To,
All HOCs
Addl. Die. General APS, Sena Dak Bhawan
Director RAKNPA
Director PTCs
Director PLI Kolkata
Sub: Guidelines on sanction of claim amount.
This is regarding doing away with the
requirement of obtaining
signature of a witness on system generated
sanction memo while
disbursing payment towards maturity and other
claims.
2. On receipt of suggestions on the above
issue from West Bengal Circle,
the matter has been examined at PLI Directorate.
Presently all
payments towards PLI/RPLI maturity and other
claim, loan etc are
made through cheque or through NEFF. Identity
of the insurant or the
claimants is verified/established w.r.t
proper ID proof.
3 In view of the above, the requirement of
obtaining signature of a witness
on sanction memo towards all PLI/RPLI
payments is dispensed with to
ease the process of claim payments with
immediate effect. FSI is being
asked to modify the sanction memo
accordingly.
4. This issue with the approval of competent
authority.
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