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Kodak Gratuity Plus Group Plan Unit Linked Group Gratuity Plan (IN: 107L091V01) DEFINITIONS: i. Actuarial Valuation means the valuation of assets and accrued gratuity liabilities under the Scheme
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How to fill out kotak gratuity plus group

01
To fill out Kotak Gratuity Plus Group form, follow these steps:
02
Download the form from the Kotak Mahindra website or collect it from a nearby branch.
03
Fill in your personal details such as name, address, contact number, and email id.
04
Provide your employment details, including the name of the organization, duration of employment, and last drawn salary.
05
Mention the gratuity amount as per your company's policy.
06
If you have any existing gratuity account, provide the details.
07
Sign the form and attach any supporting documents required.
08
Submit the filled form along with the necessary documents to your employer or the Kotak Mahindra branch.
09
Once the form is submitted, you will receive a confirmation and your Kotak Gratuity Plus Group account will be created.

Who needs kotak gratuity plus group?

01
Kotak Gratuity Plus Group is suitable for the following individuals:
02
Employees who are eligible for gratuity as per the Payment of Gratuity Act, 1972.
03
Employers who want to provide a comprehensive gratuity benefit scheme to their employees.
04
Individuals looking for a trusted financial institution to manage their gratuity funds.
05
Organizations aiming to streamline the gratuity payment process and ensure timely and efficient payouts.
06
Employees who want an additional savings avenue for their gratuity funds with potential growth.
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Kotak Gratuity Plus Group is a group gratuity scheme provided by Kotak Mahindra Life Insurance Company.
Employers who have opted for Kotak Gratuity Plus Group scheme for their employees are required to file it.
Employers can fill out the Kotak Gratuity Plus Group form provided by Kotak Mahindra Life Insurance Company.
The purpose of Kotak Gratuity Plus Group is to provide a gratuity scheme for employees as part of their benefits package.
Employers need to report details of employees enrolled in the scheme, contributions made, and other relevant information.
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