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SAF Withdrawal FORMS
SAF Withdrawal FORMS
SAF Withdrawal FORMS
Oracle SAF fund is maintained by Oracle SAF Trust and the fund is managed by ICICI Prudential
With effective from 01-October-2007 Oracle is issuing both LIC of India Annuity policy and ICICI Prudential Annuity
policy. However an employee can choose the annuity policy either with ICICI Prudential or LIC of India
This accumulated amount is made available to you, as per the scheme outlined in the following
table, in the event of your separation, either on account of resignation or on account of attaining
the normal retirement age, from the company.
Percentage of Proportion across disbursement modes
Date of Joining Duration of Service
Amount Eligible Cash (Taxable) (Annuity Policy)
- 0-5 Years 100% 50% 50%
- 5 years & above 100% 33% 67%
Find the templates LIC Annuity & ICICI Prudential Annuity forms enclosed with guidelines:
Submit any one of the age proof certificate along with the withdrawal forms.
1. Birth certificate ¨School / College extract
2. Passport
Note:
Do not change the format of the application
Take print only on the single side of the paper
All encashments are fully taxable, except in case of retirement.
Submit the hard copy of the filled in application only on your last day @ our address mentioned below.