SBI Insurance cover: SBI Debit card holders get many facilities. Jan Dhan account holders also get an insurance cover of Rs 2 lakh. The benefit of which reaches crores of weaker sections of the people.
New Delhi: SBI Insurance Cover: State Bank of India (SBI), the country’s largest public sector bank, is offering free Accidental Cover up to Rs 2 lakh to all Jan Dhan account holders using RuPay debit cards. Is.
This is how you will get 2 lakh cover
The amount of insurance will be decided by SBI according to the period of opening of their Jan Dhan account to the customers. Customers whose Pradhan Mantri Jan Dhan Yojana (PMJDY) account has been opened till August 28, 2018 will get a sum insured of up to Rs 1 lakh on the RuPay PMJDY card issued to them. Whereas on RuPay cards issued after August 28, 2018, accidental cover benefit of up to Rs 2 lakh will be available.
These people will get benefit
Pradhan Mantri Jan Dhan Yojana is a scheme under which the account of the poor of the country is opened on zero balance in banks, post offices and nationalized banks. Under the Pradhan Mantri Jan Dhan Yojana (PMJDY), many types of facilities are provided to the customers. In this, any person can open a Jan Dhan account online or by visiting a bank by submitting KYC documents. Not only this, anyone can get their savings bank account converted into Jan Dhan. In this, RuPay is given by the bank. This debit card can be used for accidental death insurance, purchase protection cover and many other benefits
Who will get the benefit of this scheme
Jan Dhan account holders will get the benefit of Accidental Death Insurance under RuPay Debit Card when the insured has done any successful financial or non-financial transaction on any channel, both intra or inter bank within 90 days from the date of accident. In such case only the amount will be paid.