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What if my policy gives me a choice to take the bonus now or let it accumulate?

General Provident FundGPFRule 23

If you have the option to draw the bonus during the policy's active period, you are not allowed to draw it. It must remain with the policy.

Source: GPF Rule 23

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This answer is for informational purposes only and does not constitute legal advice. Always refer to the original rules and consult competent authorities for official interpretation.