Please do what ever is asked by the LIC branch.

Classification of sureties
a) “SREG” (Salary Recovery Enforceable Group)
b) “SRNEG (Salary Recovery Non-Enforceable Group)

Salary Requirement Norms
a) SREG employees:
The SREG surety (s)/guarantor(s) offered should have a minimum/combined salary of 10% of the future liability.
b) SRNEG employees:
The SRNEG surety(s)/guarantor(s) offered should have a minimum/combined salary of 12.5% of the future liability.

c) Combination of Sureties/guarantors
When SREG employee and SRNEG employee are jointly offered as sureties/ guarantors they should have a combined minimum salary of 12.5% of the future liability.

Source - PW