New SB Product for Salaried Customers IND SALARY SURAKSHA
A special salary product “Ind Salary Suraksha” for regular working employees of Government/PSU /Private sector companies is being launched on date.
This product offers combo benefits of Personal Health Insurance & Personal Accidental Insurance, subject to fulfilment of minimum quarterly average balance(QAB) criteria in two variants of QAB of Rs.20000/- and Rs.25000/- respectively.
KEY FEATURES OF THE PRODUCT
|Quarterly Average Balance QAB (Rs.)||Annual Health Insurance Coverage (Rs.)||Personal Accident Coverage (Rs.)*|
|>= 20000/-||1.00 Lac||Not Eligible|
|>= 25000/-||1.00 Lac||· Personal Accident Death Insurance Cover Rs. 30 Lakhs
· Accidental Permanent Total Disability cover of Rs 30 lakhs
· Accidental Permanent Partial Disability cover of Rs 15 lakhs
· Air Accident Death Insurance Cover of Rs 50 Lakhs.
|ELIGIBLE CUSTOMERS||Regular permanent Employees of Government /PSU /Private sector companies with at least six-month service with their organization.|
|AGE GROUP||Entry Age – 18 years
Exit Age – 60 years or the period up to which the employee is in service whichever is earlier.
|DEMAND DRAFT||Free , If issued through Salary account|
|NATURE OF OPERATION||Cheque|
|AVERAGE QUATERLY MINIMUM BALANCE||Depending on the product variant opted by the customer for maintaining the QAB of either
If QAB is not maintained, Penalty for non-maintenance of minimum balance of Savings Bank Account will be applicable as per prevailing Bank Service Charges and the envisaged insurance facilities under the scheme will be discontinued.
|NET BANKING /MOBILE BANKING||Free –NEFT/RTGS
|ATM DEBIT CARD||Free Rupay Platinum card with AMC free|
|MAXIMUM WITHDRAWAL AT OTHER BANK ATMs||Free|
|ACCIDENTIAL INSURANCE COVER ON DEBIT CARD||Rs.2 Lacs
Personal Accidental Insurance with Rupay Platinum Debit card is subject to terms and conditions of debit card company which may change from time to time.
For more details: Visit nearest branch
( Last modified on Dec 27, 2022 at 01:12:43 PM )