EDLI stands for the Employees' Deposit Linked Insurance Scheme.
This scheme is an insurance coverage designed to provide financial security to employees' families. It was launched by the Government of India in the year 1976. The primary purpose of the EDLI scheme is to offer life insurance benefits to the family members or nominees of an employee in case of their unfortunate demise while in service.
Key aspects of the Employees' Deposit Linked Insurance Scheme include:
- Full Form: Employees' Deposit Linked Insurance Scheme
- Nature: An insurance scheme
- Initiated by: The Government of India
- Year of Launch: 1976
