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For instance, a ₹10,000 UPI payment in an eligible concessional sector would incur just ₹5 in MDR.
Regular contributions can build long-term wealth while providing financial support during specific needs.
Policyholders should avoid unsolicited links and verify official websites before sharing information.
Customers should understand the bank’s limited liability, insurance restrictions and applicable rules.
Postal Life Insurance (PLI) is one such option available through the Department of Posts, Government of India.