Originally Posted by nishant Hi All, I am holding an LIC Agency for last 5 years and my annual premium is around 800000/- per annum. When I will be applicable for Gratuity? Gratuity is payable after 15 years of service or you can opt after the age of 60 or 65 years whichever is later. Gratuity is payable on the basis of renewal commission.
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