Clarification regarding GTI Premium for Executives born before 15.09.1972

We are receiving various queries with respect to the GTI premium for executives born before 15.09.1972, there has been some confusion regarding its premium amount whether it is Rs 12980/- or Rs 45430/-.

In this regard, it is to clarify that…

All the executives who have opted GTI before attaining 50 years of age but now their age is more than 50 years, will have annual premium rate of below 50 years only i.e. Rs 12980/-.

All the executives who have opted GTI after attaining 50 years of age, will have annual premium rate of Rs 45430/-.