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You need to check with your BU HR and DM. If you have a good relationship with KDM, you can check directly with them.
Following is my observation, it may be incorrect
P1 - 0 to 4 YOE
P2- 4 to 8 YOE
P3 - 8 to 12 YOE
P4 - 12 to 16 YOE
P5 - 16 to 20 YOE
If someone has a lateral entry in LTIM, He/She has a higher grade irrespective of the YOE.
+1
+1