PERSONAL FINANCE
SBI customers can get RuPay’s complimentary accidental cover of up to Rs 2 lakh.
There is good news for customers of the country's largest bank – State Bank of India (SBI). SBI is giving a benefit of Rs 2 lakh to its customers for free. All customers of the bank will be glad to know that RuPay is offering a complimentary accidental cover of up to Rs 2 lakh to all Jan-Dhan account holders using debit cards.
Customers will get an insurance cover of up to Rs 2 lakh
The amount of insurance will be fixed by SBI according to the time since the opening of the customer’s Jan Dhan account. Customers whose Pradhan Mantri Jan Dhan Yojana (PMJDY) account has been opened till August 28, 2018, will get an insurance amount of up to Rs 1 lakh on the RuPay PMJDY card. Those who were issued a RuPay card after August 28, 2018 will get an accidental cover benefit of up to Rs 2 lakh.
Who will benefit from SBI’s Rs 2 lakh scheme?
Pradhan Mantri Jan Dhan Yojana is a scheme under which the accounts of the poor of the country are opened in banks, post offices and nationalized banks on zero balance. Under the Pradhan Mantri Jan Dhan Yojana (PMJDY), various facilities are provided to the customers. As a part of this scheme, anyone can open a Jan Dhan account by submitting (KYC) documents online or by going to the bank. Moreover, anyone can get their savings bank account converted to Jan Dhan. In this, RuPay is given on behalf of the bank. This debit card can be used for accidental death insurance, to purchase security cover and many other benefits.
The benefit of the accidental death insurance under the Jan Dhan account holders' RuPay debit card can be availed when the insured has carried out any successful financial or non-financial transaction on any channel, both intra or inter-bank, within 90 days from the date of the accident. Only in such a situation, the person can get the amount.
What is the procedure to avail benefit?
To get the claim, you must first fill out the claim form. It should be accompanied by an original death certificate or certified copy. Attach an original or certified copy of the FIR. You should also have a post-mortem report and an FSL report along with a copy of your Aadhaar card. On the bank stamp paper, the cardholder will have to give an affidavit of having a RuPay card.
All these documents must be submitted within 90 days. The name and bank details of the nominee along with the copy of the passbook have to be submitted.
List of documents required to avail the SBI benefit
1. Insurance claim form.
2. A copy of the death certificate.
3. A copy of Aadhaar card of the cardholder and the nominee.
4. If the death is due to another cause, a copy of the post-mortem report with chemical analysis or a FSL report.
5. Original or certified copy of FIR or police report giving all details about the accident.
6.Declaration duly signed and stamped by the authorised signatory of the card issuing bank.
7. It should have the name of the bank officer and contact details along with the email id.
'Vibe hai': Indonesian siblings 'Dilbar' rendition leaves Big Boss fame amazed
IND vs NZ test: Recap of BGT? Rishabh Pant last hope as India close to whitewash at home after...
Warch: Land Rover bitten by Hippo, tourists witness intense faceoff as..., video goes viral
Fake IPS officer's epic dance to Bhojpuri song takes internet by storm, watch viral video
WI vs ENG: Shai Hope goes past Babar Azam, Virat Kohli in elite list with 17th ODI century
'If he doesn't resign...': Mumbai police receives threat call for UP CM Yogi Adityanath
IPL 2025: KKR CEO reveals reason that led to Shreyas Iyer's exit from franchise
HM Amit Shah releases BJP's 'Sankalp Patra' for Jharkhand assembly polls
Aishwarya Rai Bachchan recalls when she was announced Miss World 1994: 'We had rehearsals for...'
Drunk UP man call police over 250 grams missing potatoes, demands...,WATCH
Kartik Aaryan says somebody scratched him on the sets of Bhool Bhulaiyaa 3, he asks ‘if it was…’
Kiran Rao says Aamir Khan knows 'nothing' about son Azad's school: 'When we were married, I was...'
Trouble for Anil Ambani: SEBI issues demand notice of Rs 1540000000 over...
Nvidia to replace rival Intel in Dow Jones indices by November 8
Isha Ambani Vs Eiesha Bharti Pasricha: Know their net worth, college, academic qualifications
Salman Khan remembers designer Rohit Bal, says...
Bigg Boss 18: Salman Khan's Weekend Ka Vaar timing changed, details inside
Bhai Dooj 2024: Date, shubh muhurat, timings, rituals, significance
Delhi AQI touches 400: Many times over WHO limit, pollution in 'severe' category
Aishwarya Rai Bachchan says she rejected Shah Rukh Khan's film because Abhishek Bachchan wasn't...
Four children among six injured in attack on Gaza vaccination centre
IIT students launch dustbin in air using firecracker, WATCH viral video
Happy Bhai Dooj 2024: Top 50 wishes, What'sApp messages, quotes to share with your loved ones
IND vs NZ: Shubman Gill surpasses Cheteshwar Pujara in elite WTC list led by Rohit Sharma
DNA TV Show: Hindus in Bangladesh unite against fundamentalism
‘Another example of…’: MEA on Canada labelling India ‘cyber adversary’
'Bhai kyu jhooti tassali....': Mrunal Thakur criticizes fan who photoshopped her in Diwali pic
Mukesh Ambani, Anil Ambani set to earn money from Singham Again's box office collection, here’s how
Adani Power cuts Bangladesh electricity supply by half due to $846 million unpaid bills
Here's what is happening inside Ratan Tata’s Bombay House since after death of business magnate
Virat Kohli dispels retirement rumours, suggests he may continue playing cricket till....
Meet man, highest UPSC exam scorer, who broke IAS Tina Dabi's record, he is...
Swati Maliwal pours bottle of polluted water outside Delhi CM Atishi’s residence; WATCH
IPL 2025: R Ashwin tops CSK's wishlist as franchise plans to utilize RTM for THIS New Zealand star
'Abki baar...': AI imagines Donald Trump, Kamala Harris as Indian politicians, netizens react, WATCH
Amid bomb threats, ammunition cartridges found in Dubai-Delhi Air India flight
This Indian king, was first man to make history by marrying foreign woman during his trip to...
Mukesh Ambani's Jio once again TOPPED in global telecom industry, sets record in...
Bhai Dooj 2024: Date, shubh muhurat, significance, rituals and more
New ‘Satoshi Nakamoto’ emerges: Meet man who declares himself to be Bitcoin founder but fails to...
Watch: Former CSK star gets hit for 6 sixes in an over against England during Hong Kong Sixes
'Makes no sense': Ex-India star slams Rohit Sharma, Gautam Gambhir for absurd Sarfaraz Khan decision
World's richest man Elon Musk faces lawsuit from Ex-Twitter CEO Parag Agrawal for...
Security forces kill 2 terrorists, including a foreign national in Jammu and Kashmir
WWE Crown Jewel 2024: Full match card, timing, live streaming details - All you need to know
'Absurd and baseless': India dismisses Canadian minister's allegations against Amit Shah
IND vs NZ: Virat Kohli scripts history in Mumbai Test, becomes first player in world to...
This 51-year-old woman leaves husband to marry 30-year-old Indian security guard
Mukesh Ambani's best plan for Jio users, 200GB data, 90 days of unlimited calls at just Rs...
'Thanks for...': Abhishek Bachchan's viral statement amid divorce rumours with Aishwarya Rai
Jammu and Kashmir: 2 terrorists killed in encounter with security forces in Anantnag
21-Day Mars, Moon simulation in Ladakh
Prashant Kishor's fee for advising in one election will leave you shocked, it is Rs...
Dua Padukone Singh: Here's how Deepika Padukone, Ranveer Singh named their baby girl
Another BIG move by Mukesh Ambani, set to provide some help for debt-ridden Ghana as Reliance Jio...
J-K: Gun battle breaks out between security forces and terrorists in Srinagar's Khanyar