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IB Vidyarthi Suraksha (With PNB-Metlife)

IB Vidyarthi Suraksha (With PNB-Metlife)

Circular Reference Our Dept. Cir CRA 03/2018-19 dt.02.04.2018,CRA 24 /2021-22 dt.29.07.2021 & CRA 50/2021-22 dt.02.11.2021
Eligibility All Educational Student Borrowers (New & Existing)
Age Group 15-60 years Maximum exit @70 years
Coverage Minimum Rs.0.10 lakhs Max.Rs.100.00 lakhs
Waiting Period First 90 days except in case of accidental death
Claim Amount Equal to the outstanding loan amount as per the schedule with the minimum sum assured of Rs.10,000/- and maximum sum assured of Rs.1,00,00,000/-
By arrangement with PNB-MetLife
Period of cover Minimum 3years Maximum 25 years
Medical Check Up No Medicals

a) For Rs.30.00 lakhs upto 40 years
b) For Rs.25.00 lakhs upto 45 years
c) For Rs.15.00 lakhs upto 50 years.

For Medicals

Contact : Mr.Anbumane Gopal / Mr.K.Prabhuram
Mobile No: 9894046986/9962570602

Email: anbumane.gopal[at]pnbmetlife[dot]com
Email: kprabhuram[at]pnbmetlife[dot]com

Tax Benefit Under 80 C of I.T.Act
Commencement of risk cover Date of debit of Premium from Borrower`s Account
Insurance Premium Onetime single premium at the time of commencement

( Last modified on Apr 20, 2022 at 07:04:01 PM )

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