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Group Gratuity Scheme

Life Insurance Corporation of India (LIC) · insurance · Group Scheme

Group Gratuity Scheme by Life Insurance Corporation of India (LIC) is a Group Scheme plan under Life Insurance. Entry age 18 - 59 yrs; cover Gratuity Liability Linked.

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Key features

  • Statutory employee gratuity liability management with tax benefits under Section 36(1)(v)

Information is for education only. Verify current terms with Life Insurance Corporation of India (LIC). Last updated 23/9/2026.

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