Skip to content
Menu
Sarkari Yojna | सरकारी योजना सूची 2021
  • Home
  • About Us
  • Contact Us
  • Disclaimer
Sarkari Yojna | सरकारी योजना सूची 2021

Employees Deposit Linked Insurance Scheme 2021 Apply Online – Life Insurance Benefits to EPFO Account Holders

Posted on December 6, 2021December 6, 2021 by Prashant Upadhyay

Employees Deposit Linked Insurance Scheme | Employees Deposit Linked Insurance Scheme 2021 apply online | Life insurance benefits to EPFO account holders | EDLI Scheme Guidelines

Employees Deposit Linked Insurance Scheme 2021 apply online form for claim, life insurance benefits to EPFO account holders, check guidelines for EDLI Scheme 1976, complete details here.

Table of Contents

  • What is Employees Deposit Linked Insurance Scheme 2021
    • Salient Features of EDLI Scheme, 1976
    • How to Apply Online for EDLI Scheme – Claim Form
    • Benefits of Employees Deposit Linked Insurance Scheme

Employees Deposit Linked Insurance Scheme Apply Online for Claim: Employee Provident Fund (EPF) is a trusted investment scheme for salaried employees which comes with several other benefits. One such benefit comes under the Employees Deposit Linked Insurance (EDLI) scheme where Employees Provident Fund Organisation account holders will become eligible for assured life insurance benefits of up to Rs. 7 lakh. For availing EDLI Scheme benefits, EPFO account holders will not have to pay any amount as premium. In this article, we will tell you about the complete details including how to apply online process for EDLI Scheme.

Also Read: Check EPFO Pension Passbook & Statement Online through Umang App | Pensioner Services

What is Employees Deposit Linked Insurance Scheme 2021

The Employees’ Deposit Linked Insurance Scheme or EDLI is an insurance cover provided by the EPFO (Employees’ Provident Fund Organisation) for private sector salaried employees. This scheme works in combination with EPF and Employees’ Pension Scheme (EPS). The extent of the benefit is decided by the last drawn salary of the employee.

The registered nominee of the EDLI scheme receives a lump-sum payment in the event of the death of the EPF member, during the period of the service. The nominee registered in the EDLI is same as registered in the Employees’ Provident Fund (EPF) Scheme.

Salient Features of EDLI Scheme, 1976

  • Maximum assured benefit upto Rs. 7 lakh paid to nominee or legal heir of EPF member, if death occurs while in service.
  • Minimum assurance benefit of Rs. 2.5 lakh, if deceased member was in continuous employment for 12 months prior to his / her death.
  • Minimal contribution by employer @ 0.5% of employees monthly wages upto wage ceiling of Rs. 15000.
  • No contribution paid by employee.
  • Auto enrollment of PF members in EDLI Scheme.
  • Benefit directly credited to bank account of nominee or legal heir.
  • Download Guidelines for EDLI Scheme, 1976 through the link – https://www.epfindia.gov.in/site_docs/PDFs/Downloads_PDFs/EDLI_1976.pdf

How to Apply Online for EDLI Scheme – Claim Form

For claiming insurance benefit by a nominee / beneficiary in case of member’s death while in service, claim form can be downloaded through the link – Form51F

The Employees Deposit Linked Insurance Scheme apply online form for claim will appear as shown below:-

Employees Deposit Linked Insurance Scheme Claim Form
Employees Deposit Linked Insurance Scheme Claim Form

About EPFO – https://www.epfindia.gov.in/site_en/AboutEPFO.php

Benefits of Employees Deposit Linked Insurance Scheme

Besides insurance-related benefits, the EDLI scheme, which is available to every Provident Fund (PF) account holder, provides other benefits as well:

  1. Maximum assured insurance benefits: Under this, the legal heir of a PF account holder will get up to Rs. 7 lakh in the event of the demise of the EPF member in service. It was in April 2021 when the cap was hiked from Rs. 6 lakh to the current Rs. 7 lakh.
  2. Minimum assured benefits: These amount to Rs. 2.5 lakh if the employee was in continuous service in the 12 months prior to their death.
  3. Free benefits: As stated earlier, employees are not required to pay a premium to avail benefits under the EDLI scheme. It is the employer who pays the premium, which amounts to 0.50 per cent of the monthly wages with a ceiling of Rs. 15,000.
  4. Auto-enrolment: EPFO subscribers need not register separately to avail the EDLI scheme. Instead, they become eligible for it upon becoming members or subscribers of the EPFO.
  5. Direct Bank Transfer: The benefits under this plan are linked directly to the nominee’s bank account, or that of the employee’s legal heir. In case of the EPF account holder’s demise, these are transferred directly to the linked bank account.

Source / Reference Link: https://www.hindustantimes.com/business/claim-free-benefits-up-to-rs-7-lakh-under-epfo-s-deposit-linked-insurance-scheme-all-you-need-to-know-101638698435444.html

DISCLAIMER: This is neither the official website nor linked to any Government organization, agency, office or official in any way. This is a public website and author share information about government schemes on this website. All the logos/images posted on this website are the property of their actual copyright/trademark owners.

EDLI EDLI Scheme Guidelines Employees Deposit Linked Insurance Scheme Employees Deposit Linked Insurance Scheme 2021 apply online EPFO EPFO account holders Govt Schemes How to Apply Online for EDLI Scheme Life insurance benefits to EPFO account holders PM Modi Yojana Sarkari Yojna What is Employees Deposit Linked Insurance Scheme 2021
Central Government Yojna

1 thought on “Employees Deposit Linked Insurance Scheme 2021 Apply Online – Life Insurance Benefits to EPFO Account Holders”

  1. Pingback: Check EPFO Pension Passbook & Statement Online through Umang App | Pensioner Services - Sarkari Yojna | सरकारी योजना सूची 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • SSC Exam 2022-23: एग्जाम कैलेंडर जारी, जानें SSC CGL, CHSL, MTS, कॉन्स्टेबल समेत इन भर्तियों का शेड्यूल
  • [Apply] Baal Aadhaar Card Online Registration Form 2021 | UIDAI Blue Coloured Card for Children
  • [Phase 2] AP Jagananna Chedodu Scheme 2021 – Rs. 10,000 to Nayee Brahmins, Tailors & Rajakas
  • Delhi Job Fair Portal Online Registration Form 2021 (Jobseekers) – Upcoming Rojgar Mela List at jobfair.delhi.gov.in
  • Odisha Kalia Scholarship Scheme (Chhatra Bruti) Online Application Form 2021 at scholarship.odisha.gov.in Portal

Recent Comments

  1. Employees Deposit Linked Insurance Scheme 2021 Apply Online – Life Insurance Benefits to EPFO Account Holders - Sarkari Yojna | सरकारी योजना सूची 2021 on Check EPFO Pension Passbook & Statement Online through Umang App | Pensioner Services
  2. Check EPFO Pension Passbook & Statement Online through Umang App | Pensioner Services - Sarkari Yojna | सरकारी योजना सूची 2021 on Employees Deposit Linked Insurance Scheme 2021 Apply Online – Life Insurance Benefits to EPFO Account Holders
  3. Omicron Coronavirus LIVE: India reports 8,306 new Covid-19 cases, Omicron tally crosses 20: All healthcare workers should get booster dose, says IMA president - Sarkari Yojna | सरकारी योजना सूची 2021 on E Sanjeevani OPD: Patient Registration, esanjeevaniopd.in Appointment
  4. PM Ujjwala Yojana BPL List 2021 OR SECC-2011 Data – How to Check Name & Download - Sarkari Yojna | सरकारी योजना सूची 2021 on [Apply] Pradhan Mantri Ujjwala Yojana 2.0 Application Form PDF Download Online for Free LPG Gas Connection
  5. [Apply] Pradhan Mantri Ujjwala Yojana 2.0 Application Form PDF Download Online for Free LPG Gas Connection - Sarkari Yojna | सरकारी योजना सूची 2021 on PM Ujjwala Yojana BPL List 2021 OR SECC-2011 Data – How to Check Name & Download

Archives

  • December 2021
  • November 2021
  • October 2021
  • September 2021

Categories

  • Central Government Yojna
  • Education
  • News
  • Recruitment
  • State Government Yojna
  • Uncategorized
©2022 Sarkari Yojna | सरकारी योजना सूची 2021 | Powered by WordPress & Superb Themes