The eFEAP system provides a wide range of services that are crucial for both the organization and its customers:
RFP for Development of Data, Reporting and Analytics Solutions - LIC lic efeap full form
LIC operates approximately 125 separate instances of eFEAP across various divisions and zonal offices, with a total data volume of roughly 200 TB . The eFEAP system provides a wide range of
| Feature | LIC EFEAP | LIC Jeevan Labh (Retail Endowment) | | :--- | :--- | :--- | | | Only LIC employees | General public | | Premium Mode | Monthly salary deduction | Yearly, half-yearly, quarterly, monthly | | Underwriting | No medical checkup (group basis) | Medical tests often required | | Bonus Rates | As declared for group fund | As declared for individual with-profits fund | | Surrender Value | Limited; often only employee’s contribution | Guaranteed surrender value after 2 years | lic efeap full form
: Establishing dedicated centers to ensure the quality and performance of the next-generation application package.