GO 36 APGLI New Rates 2016 APGLI Enhanced Slab Rates PRC 2015

GO 36 APGLI New Rates 2016 APGLI Enhanced Slab Rates PRC 2015. APGLI New Rates from Apr 2016. APGLI New Rates G.O.Ms.No.36 Dated: 05-03-2016  Public Services – Andhra Pradesh Government Life Insurance Scheme – Endowment Policies – Enhancement of Age of superannuation from 58 to 60 years and introduction of AP Revised Scales of Pay 2015 - Enhancement of Maximum Insurable Age under AP Government Life Insurance Scheme from (53) years to (55) years and Revision of Rates of Compulsory Premium with reference to Revised Pay Scales, 2015 – Orders – Issued. G.O.Ms.No.36 Dated: 05-03-2016

GO 36 APGLI New Rates 2016 APGLI Enhanced Slab Rates PRC 2015

Read the following:-
1. G.O.Ms.No. 16, Finance (Admn.II) Department, dt: 17.2.2011.
2. G.O.Ms. No.147, Finance (HRM IV) Department, dt: 30.6.2014.
3. Lr.No.10/Genl/2014dt:11.08.14, of Director of Insurance, A.P., Hyderabad.
4. Govt. Memo.No.738/90/A1/Admin-II/2014, dt: 26.12.2014.
5. G.O.Ms.No.368, Fin&Plg (FW:Admn.II)Department, dt: 15.11.1994.
6. G.O.Ms. No.423, Finance (Admn.II) Department, dt: 29.11.2005.
7. G.O.Ms.No.231,Finance (Admn.II)Department, dt: 28.6.2010
8. G.O.Ms.No.46, Finance (HRM.V-PC) Department, dt:30-04- 2015.
9. Lr.No.26/Genl/2015 dt: 06.08.2015 of Director of Insurance, AP, Hyderabad.
  • Under the existing rules, the Andhra Pradesh Government Life Insurance Department issues the Endowment Insurance Policies to the Government employees based on the maximum insurable age of 53 years and these policies will mature at the age of 58 years. In the Government orders fifth to seventh read above, the compulsory premium under the policy has been revised as and when the Revised Pay Scales were implemented to the State Government Employees based on the recommendations of the successive pay revision commissions and the existing rates are prescribed in the G.O. seventh read above. 
  • 2. In the reference 2nd cited, the Government enhanced the age of superannuation of the State Government employees from (58) years to (60) years. 
  • 3 In the G.O. eighth read above, the Government has issued orders introducing the Revised Scales of Pay 2015. 
  • 4. Consequent to enhancement of age of superannuation from (58) years to (60) years and introduction of the Revised Scales of Pay, 2015, the Director of Insurance, in his letter 3rd cited, has sent proposals for enhancement of the maximum Insurable age from 53 years to 55 years and to revise the rates of compulsory premium based on the Revised Scales applicable to various categories of employees. The Government in the memo fourth read above, permitted the Director of Insurance to take necessary further action and submit detailed proposals after consulting the Actuary and the Accountant General, A&E, Andhra Pradesh. 
  • 5. Accordingly, the Director of Insurance has submitted necessary proposal in his letter ninth read above

Changes in APGLI Slab Rates and Max Insurable Age

  1. After careful examination of the proposal of the Director of Insurance, Government hereby order that the maximum Insurable age under the Andhra Pradesh Government Life Insurance Scheme be raised from 53 years to 55 years and the rates of compulsory premium under the scheme shall be revised as detailed below and accordingly issue the following instructions:-

Existing Slab Rates (Pay Slabs)
Monthly Premium (Rs.)
Revised Slab Rates (Pay Slabs)
Monthly Premium (Rs.)
Pay from Rs. 6700 to Rs. 8440 250/- Pay from Rs. 13000 to Rs. 16400 500/-
Pay from Rs. 8441 to Rs. 10900 350/- Pay from Rs. 16401 to Rs. 21230 650/-
Pay from Rs. 10901 to Rs. 14860 450/- Pay from Rs. 21231 to Rs. 28940 850/-
Pay from Rs. 14861 to Rs. 18030 600/- Pay from Rs. 28941 to Rs. 35120 1150/-
Pay from Rs. 18031 to Rs. 25600 750/- Pay from Rs. 35121 to Rs. 49870 1400/-
Pay from Rs. 25601 and above 1000/- Pay from Rs. 49871 and above 2000/-
  1. 7) (a) All the employees shall increase their premium as per the revised rates specified above and submit requisite 'Proposal Form', after recovery of first premium from the salary at the revised rates and take an Insurance Policy from the Insurance Department. 
  2. (b) Unless proposal form is submitted and policies are obtained, the employees will not get Insurance coverage for the enhanced premium paid. 
  3. (c) An employee who is already a subscriber of the Fund having Policy / Policies, and is aged below (55) years can enhance the premium for additional policies. However, he should submit his application in the prescribed proforma before he actually attains the age of 55years. Under any circumstances proposal shall not be accepted if the applicant has already attained the age of 55 years on the date of submission of his application, notwithstanding the fact that the amount was already deducted in the monthly pay bills. Such amounts shall be treated as unauthorized amounts and refunded to the individual following the usual procedure. 
  4. d) An employee who is already a subscriber of the Fund but is aged above (55) years cannot increase the Premium for additional Policies. However, in respect of those employees, recovery shall continue at the existing rates of Premium for the existing policies till the original date of maturity of the said policies (Last Premium due). 
  5. e) The minimum term of Policy should be (5) years i.e., Maximum age at entry shall not be more than (55) years. 
  6. f) The 'Sum Assured Table' issued in the G.O. first read above be replaced by a new table Annexed to this order. The Director of Insurance, Andhra Pradesh shall take necessary action in this regard. 
  7. g) The Sum Assured table Annexed to this order shall be reviewed at least once in every (5) years. The Director of Insurance, Andhra Pradesh shall take timely action in this regard. 
  8. h) Necessary amendments to the Andhra Pradesh Government Life Insurance Fund Rules shall be issued separately. 
  9. 8. These orders shall come into force with effect from 01.04.2016 and the above revised premium rates shall be recovered from the pay of March, 2016, payable on 01.04.2016. 
  10. 9. The Drawing and Disbursing Officers concerned are solely responsible for effecting the recovery of revised premium from all the eligible employees (i.e. who are below 55 years of age) from the pay of March, 2016 payable in April 2016 duly forwarding the requisite proposal forms and obtaining the requisite policies from the Insurance Department intact. If the fixation is delayed for any reason, the premium shall be recovered only from the month of drawl of pay fixation arrears and in such case, no arrears of premium shall be collected. 
  11. 10. To ensure proper implementation of the Scheme, the HODs / DDOs are requested to follow the above instructions scrupulously. 
  12. 11. The Director of Treasuries and Accounts, A.P., Hyderabad and the Director of Works Accounts, Andhra Pradesh shall issue suitable instructions to all the District Treasury Officers/Treasury Officers/ Pay & Accounts Officers under their control, to ensure that the above revised premium rates with reference to new pay slabs are implemented from the pay of March, 2016 payable on 1.4.2016 and ensure cent percent coverage of eligible employees under Andhra Pradesh Government Life Insurance Scheme. The District Treasuries and Sub-Treasuries / Pay & Accounts Officers (works), and the Pay and Accounts Officer, A.P., Hyderabad should verify the collection of premium as per the slab rates before passing the salary bills. 
  13. 12. The Director of Insurance, Andhra Pradesh, shall ensure that policies are issued to all the subscribing employees expeditiously after the applications are received in his department duly following the normal procedure. 
  14. 13. All the Departments of Secretariat / Heads of Departments are requested to issue suitable instructions to their subordinate offices to ensure that all eligible employees are brought under the Andhra Pradesh Government Life Insurance Scheme.

Download GO 36 APGLI New Slab Rates 2016 Download


  1. my basic present Rs.20,050/- sir please give info for maximum apgli monthly premium for this pay scale.

    1. Sir, You Can pay upto 20% of your pay. It is useful for I.T. Savings under 80c.
      Bapanna Ankamreddy

  2. Sir
    What is the date considered for the age of 55 years

    Praveen, Ongole

  3. sir we have not seen the APGLI enhancement GO in the month of March. hence could not recover the premium. Can we deduct 2 premiums at a time in April'16. OR premium for March can be paid through Challan.
    Y Suresh babu


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  6. Sir/Madam,
    I M.Srinivas Junior Assistant,Visakhapatnam,As per my basic pay i.e.,20050/-,the slab rate was 650/- but my colleague deducted 850/- before PRC 2015 he deducted as per Apgli norms but after PRC 2015 he deducted extra.His there any issue sir.

  7. Sometimes the overnight rates may not change, but the longer term rates may change based on what the bond market perceives as the interest rate direction. guarantor loans

  8. My basic is 25140 how much maximum amount investment in apgli

  9. Please quote the rule for deducting the 20% of the basic pay towards APGLI subscription

  10. Good evening Sir, my APGLI monthly premium is maximum amount of my Basic pay i.e 20%, interest rate applicable for all premium amount or Slab rate amount. is any benefit or only income tax purpose benefit.

  11. Good evening sir, my basic pay 23100/-APGLI Premium 850/- deducted maximum how much monthly premium deduct please give the answer.thanking you sir.

  12. Sir I am newly recruited.shall we increase apgli premium after joined into the dept...bcoz now only I knew that we can increase upto 20 % of basic pay ...

  13. Sir, what is the interest rate in apgli

    1. you can gain by 23 lakh by decreasing your apgli premium. To know more click this link.

  14. you can gain by 23 lack by decreasing apgli premium. click this link , to watch the video.

  15. This comment has been removed by the author.

  16. Sir Iam Rama Rao
    My basic is 40270
    Now my subscription is 1400
    Can i enhance how much amount?

  17. if i enhance apgli premium 1150 to3000 howmuch i get after 15yrs of my retirment. sir please tellme the rate of interest compare to other savings like lic ppf pf pli rpli etc..

  18. Sir my basic is 29760.i increase my apgli frm 1000 to 2000.so good health certificate and MLs not utilization certificates need or not for bond plz clarify

  19. sir, myfirst recovery of apgli is rs.250 dt.01/04/2011 and issued the bond. presently rec. is rs.850. {i don`t know from which month]. recently i have received a call from apgli office that my recovery is rs.850 from my salary but on-line shows rs.250 only and advised to put an updated appln. deductions are missed above than five years in the on-line. Now what can I do?

  20. Sir, is it better to increase the subscription amount or should we stick to the minimum premium applicable, pls give ur suggestion.
    Is it wise to invest in APGLI for savings or not?

  21. Sír Ag 41 i Need 1000000 Apgli sumassured so how much pay Monthly?

  22. Sir I enhanced apgli monthly premium but how can I get the bond on enhanced amount