Buy a Life Insurance Plan in a few clicks
Protect your family's financial future.
Insurance and Investment in one plan.
Thank you
Our representative will get in touch with you at the earliest.
Features
Ref. No. KLI/22-23/E-BB/492
Find out what is Digital Life Certificate, eligibility and how to create digital life certificate for pensioners here on this article. Visit Kotak Life to know more
In India, the pension is the primary source of income for most people in the government sector. However, while government employees get a pension from the government in return for their lifetime of hard work, there are some conditions to be followed. One of them is to submit a life certificate each year. This life certificate is generally submitted at a bank branch or post office. However, given the current wave of digitalization, the Government of India has also launched a digital life certificate for pensioners seeking the pension, making the process easier and contactless for pensioners.
What is a digital life certificate?
A digital life certificate is a certificate that government employees use to get their pension. This certificate serves as proof that the individual is still alive. The certificate contains a biometric verification for each retiree who has retired from the central or state government or any other government organization and has contributed towards the Employees’ Provident Fund (EPF) and Employees’ Pension Scheme (EPS) for more than 10 years.
The life certificate has to be submitted in the month of November every year. Earlier this certificate could be obtained at a bank or post office, depending on where the individual held the pension account. However, now pensioners can get a digital life certificate by visiting the Jeevan Praman website.
What is the eligibility for a digital life certificate?
In order to be eligible for a digital life certificate, individuals need to meet the following criteria:
How to create a digital life certificate?
Individuals need the following documents to create a digital life certificate:
In addition to this, pensioners need an internet connection and a computer with Window Operating System 7 or above or Mac. In the absence of a computer, a phone or tablet with Android 4.0 or above or iOS can also be used. They need to attach a biometric device like a fingerprint or iris scanner to their computer or mobile phone. Once the device has been attached, they can follow the steps given below:
After clicking ‘submit’, the details will be sent to UIDAI for further verification. A Pramaan ID will be generated that can be used to log in to the Jeevan Pramaan account.
After the details have been authenticated, the digital Jeevan Pramaan will show up. A message will also be sent to the mobile number mentioned in the registration with the Jeevan Pramaan Certificate ID.
Conclusion
While government employees can rely on their pension for retirement, private employees should consider investing in a retirement plan like the most Kotak Assured Pension Plan to secure their future and ensure financial stability during their retirement years.
Amit Raje is an experienced marketer who has worked in various Fintechs and leading Financial companies in India. With focused experience in Digital, Amit has pioneered multiple digital commerce in India. Now, close to two decades later, he is the vice president and head of the D2C business department. He masters the skill of strategic management, also being certified in it from IIMA. He has challenged his challenges and contributed his efforts in this journey of digital transformation.
Prasad Pimple has a decade-long experience in the Life insurance sector and as EVP, Kotak Life heads Digital Business. He is responsible for developing user friendly product journeys, creating consumer awareness and helping consumers in identifying need for life insurance solutions. He has 20+ years of experience in creating and building business verticals across Insurance, Telecom and Banking sectors
Features
Ref. No. KLI/22-23/E-BB/2435
The information herein is meant only for general reading purposes and the views being expressed only constitute opinions and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers. The content has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Recipients of this information are advised to rely on their own analysis, interpretations & investigations. Readers are also advised to seek independent professional advice in order to arrive at an informed investment decision. Further customer is the advised to go through the sales brochure before conducting any sale. Above illustrations are only for understanding, it is not directly or indirectly related to the performance of any product or plans of Kotak Life.
Get a Term plan that offers high coverage at low, affordable premiums
