Employees’ Deposit Linked Insurance (EDLI) Scheme 1976

Employees’ Deposit Linked Insurance (EDLI) Scheme 1976
  1. If death occurs while in service then maximum assured benefit up to Rs. 7 lakh paid to nominee or legal heir of EPF member.
  2. If deceased member was in continuous employment for 12 months prior to death then minimum assurance benefit of Rs 2.5 lakh paid to nominee or legal heir of EPF member.
  3. Minimal contribution by employer ® 0.5% of employees’ monthly wages, up to wage ceiling of Rs.15,000.
  4. No contribution paid by employee.
  5. Auto enrollment of PF members in EDLI Scheme.
  6. Benefit directly credited to bank account of nominee or legal heir.