## Q10. What if the customer qualifies under both rural residence and operative SB account? The eligibility category preferred by the customer, or the category having stronger supporting documentation, may be recorded. Only one eligibility category should be selected in McCamish. ## Q11. Can the customer protect transaction amounts or balances in a screenshot? The listed Physical/Digital proof is acceptable, and only the account status and holder name need to be visible. Transaction amounts or balances may be masked where the bank's application or statement permits it. If the customer does not wish to provide such proof, eligibility through rural residence may be considered. ## Q12. Can an RD or FD account be used instead of a Savings Bank Account? No. This eligibility criterion specifically applies to an operative Savings Bank Account. RD, FD and other deposit accounts do not qualify under this criterion. ## Q13. What can be done if CPC rejects the proposal and the customer disputes the decision? The customer may submit fresh or additional Physical/Digital proof for reconsideration or use an alternate eligibility route such as rural residence. If the dispute continues, the matter may be escalated to the Circle Office for review. --- # 26. EXAM-IMPORTANT POINTS ### Remember These Facts 1. Date of Administrative Instruction: 14.08.2026 2. File Number: F. No. 92-1/2026-LI 3. New RPLI Eligibility Criterion: Operative Savings Bank Account 4. Eligible Banks: POSB or any Scheduled Bank in India 5. Scheduled Bank Transaction Requirement: At least one customer-initiated transaction during the preceding 24 months 6. POSB Status: CBS status is conclusive and binding 7. Passbook Validity for Proof: Updated within the last 3 months 8. Account Number Alone: Not sufficient 9. Physical Bank Certificate: Not required where acceptable Physical/Digital proof is available 10. Proposal Application: DREAM PLI App 11. McCamish Eligibility Category: “Operative SB Account” 12. Existing Underwriting Norms: Continue unchanged 13. Monitoring Period: 24 months from policy issue 14. Circle Reporting: Six-monthly reports to PLI Directorate 15. Initial Divisional Verification: 100% for first 3 months 16. Proposer Declaration: Mandatory when eligibility is claimed through operative SB account 17. Minor: Not eligible 18. RD/FD: Not eligible under this particular criterion 19. Joint Account: Can qualify if proposer is a named joint holder and the account is operative 20. Effective: Immediate effect from 14.08.2026. --- # 27. ONE-LINE REVISION RPLI eligibility has been expanded from rural-residence-based eligibility to additionally include persons maintaining an operative Savings Bank Account with POSB or any Scheduled Bank in India, subject to all existing RPLI eligibility and underwriting requirements.
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