Overseas Indian Affairs Overseas Indian Affairs

Mahatma Gandhi Pravasi Suraksha Yojana (MGPSY)

The Ministry has introduced a Pension and Life Insurance fund scheme called Mahatma Gandhi Pravasi Suraksha Yojana (MGPSY) for the Overseas Indian workers having Emigration Check Required (ECR) passports.

The objective of MGPSY is to encourage and enable the overseas Indian workers by giving government contribution to:

  • Save for their Return and Resettlement (R&R)
  • Save for their old age,
  • Obtain a Life Insurance cover against natural death during the period of coverage.

The government contribution available under the MGPSY is for a period of five years or till the return of subscribed worker back to India, whichever is earlier.

The main attractions of MGPSY are:

Mahatma Gandhi Pravasi Suraksha Yojana
  • Government contribution of Rs.1,000 per annum in line with Swavalamban platform for all MGPSY subscriber who save between Rs.1,000 and Rs.12,000 per year in NPS-Lite.
  • An additional government contribution of Rs.1,000 per annum by MOIA for the overseas Indian women workers who save between Rs.1,000 to Rs.12,000 per year in NPS-Lite.
  • A special government contribution of Rs.900 by MOIA towards Return and Resettlement (R&R) of the overseas Indian workers who save Rs.4,000 or more per annum.

Subscribers

Sr. No. Title Download
1 A Subscriber Guide to-(MGPSY) A Subscriber Guide to-(MGPSY)(726 KB)
2 English Brochure English Brochure (3.11 MB)
3 English Flyer English Flyer(1.30 MB)
4 Hindi Flyer Hindi Flyer(1.85 MB)
5 Malayalam Flyer Malayalam Flyer(4.95 MB)
6 Punjabi Flyer Punjabi Flyer(2.42 MB)
7 Tamil Flyer Tamil Flyer(2.56 MB)
8 English Pamphlet English Pamphlet(1.08 MB)
9 English Instruction Sheet English Instruction Sheet(2.11 MB)
10 Hindi Pamphlet Hindi Pamphlet(1.17 MB)
11 Punjabi Pamphlet Punjabi Pamphlet(1.79 MB)
12 Tamil Pamphlet Tamil Pamphlet(2.18 MB)
13 Malayalam Pamphlet Malayalam Pamphlet(2.62 MB)
14 Malayalam instruction Sheet Malayalam Instrucation Sheet(1.78 MB)
15 English FAQ English FAQ(3.63 MB)
16 Hindi FAQ Hindi FAQ(2.67 MB)
17 Malayalam FAQ Malayalam FAQ(2.16 MB)

Service Providers

Sr. No. Title Download
1 Format for Letter of Interest Format for Letter of Interest(577 KB)
2 A Service Providers Checklist for Operations Initiation A Service Providers Checklist for Operations Initiation(653 KB)
3 Printer Settings Printer Settings(473 KB)
4 PLIF Card PLIF Card(1.70 MB)
5 MGPSY - An Overview for Service Providers MGPSY - An Overview for Service Providers(2.68 MB)
6 SoG-Pilot V.1.32 SoG-Pilot V.1.32(829 KB)

List of Service Providers

  • Bank of Baroda
  • State Bank of Travancore
  • Indian Bank
  • IFMR Rural Finance Services (P) Ltd.
  • ESAF Microfinance & Investments (P) Ltd.
  • Alankit Assignments Ltd.
  • Canara Bank
  • Corporation Bank

MGPSY Enrolment Centers

Sr. No. Title Download
1 List of MGPSY Enrolment Centers List of MGPSY Enrolment Centers(256 KB)

Offline Integrated Enrolment Form

Sr. No. Title Download
1 Offline Integrated Enrolment Form Offline Integrated Enrolment Form(1.24 MB)
2 Instructions for Completing Offline Enrolment Form Instructions for Completing Offline Enrolment Form(87 KB)

Standard Operating Procedures

Sr. No. Title Download
1 For Service Providers - SOP for Registrations MGPSY Final-V.2 SOP for Registrations MGPSY Final-V.2(2.52 MB)
2 For Service Providers - SOP for JBY under MGPSY-V.1.2 (applicable to LIC as well) SOP for JBY under MGPSY-V.1.2(926 KB)
3 For Service Providers - SOP for Service Provider-Part-II V.1.0 SOP for Service Provider-Part-II V.1.0(1.47 MB)
4 For Service Providers - SOP for Subscriber Maintenance V.1.0 OP for Subscriber Maintenance V.1.0(1.52 MB)
5 For Service Providers - SOP for Offline Integrated Form Completion V.1.0 SOP for Offline Integrated Form Completion V.1.0(1.04 MB)
6 For Banking Partner - SOP for Banking Partner V.1.0 SOP for Banking Partner V.1.0(1.14 MB)
7 For Scheme Partner – SOP for LIC V.1.0 SOP for LIC V.1.0(1.40 MB)
8 For Scheme Partner - SOP for UTI V.1.0 SOP for UTI V.1.0(1.00 MB)
9 For Call Center (Applicable to Service Providers as well) - SOP for Call Centre V.1.0 For Call Center (Applicable to Service Providers as well) - SOP for Call Centre V.1.0(1.65 MB)