PLI/RPLI Online Transactions MDR Charges list || Applicable Charges from 17.01.2022
Posted by Admin
Jan 22, 20220
Details of PLI Online Transactions Charges, Which shall paid by customer/Card Holder, wherever applicable for Online PLI/RPLI premium payment transactions from 17.01.2022
F.No. 56-02/2018-LI Ministry of Communications Department of Posts (Directorate of Postal Life Insurance)
Chanakyapuri P.0. Complex New Delhi-110021
Dated: 18th January 2022
Sub: MDR (Merchant Discount Rate) Charges in r/o PLI/RPLI online transactions to be borne by Customers w.e.f. 17.01.2022.
In pursuance of para 3(ii) of Department of Expenditure (Ministry of Finance) 0/o Controller General of Acounts OM no. R-180001/1/2020-GBA-CGA/918-1068 dated 17.09.2021, “No MDR shall be paid by the Government portal to the Authorized Acquirer Bank and their PGs/PGAs. All MDR charges would be paid by the Customer/Card Holder..”, the necessary orders are being implemented for PLI/RPLI online premium payment transactions.
2. In light of above, MDR charges shall henceforth be paid/borne by the customer/card holder, wherever applicable for the online PLI/RPLI premium payment transactions w.e.f 17.01.2022.
3. This information may be disseminated among sub-ordinate offices, Marketing Staff, Customers and all concerned for their necessary information and compliance.
This issues with the approval of competent authority.
(Hariom Sharma) Deputy Divisional Manager-II
1-2 PS to Minister of Communications/Minister of State for Communications.
3-4 Sr. PPS to Secretary (Posts)/Sr. PPS to Director General Postal Services.
5-12 PPS/PS to Member (Banking)/Member (0)/ Member (P)/ Member