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HomePersonal FinanceSBI customer: Bank giving benefit of 2 lakhs for free, know how...

SBI customer: Bank giving benefit of 2 lakhs for free, know how to avail benefits

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SBI is offering free insurance up to Rs 2 lakh to the customers. The bank is giving this facility to the account holders of Jan Dhan account.


 

New Delhi. If you also have an account in State Bank of India, then this news is about your work. Actually, SBI is giving free insurance up to Rs 2 lakh to its customers. The bank is providing this facility to the account holders of Jan Dhan Accounts. Pradhan Mantri Jan-Dhan Scheme was started in the year 2014. This scheme ensures access to financial services, banking savings and deposit accounts, credit, insurance, pension to the economically weaker sections in an affordable manner.

Let us tell you that SBI Rupay Jandhan Card facility is given to Jan Dhan customers by the bank. On this card, the bank is offering customers the facility of accidental insurance cover up to Rs 2 lakh. With the help of Rupay card, you can withdraw money from the account and can also make purchases.

There is also an option to transfer there is also an option to transfer the
Basic Savings Account to the Jan Dhan Yojana account. Those who have Jan Dhan Accouts, they get RuPay PMJDY card from the bank. The sum insured for RuPay PMJDY cards issued on Jan Dhan accounts opened up to 28 August 2018 will be Rs 1 lakh. Accidental cover benefit of up to Rs 2 lakh will be available on RuPay cards issued after August 28, 2018.





Learn how to claim?
Let us tell you that the personal accident policy under this plan also covers the incident outside India. The claim will be paid in Indian Rupees as per the sum insured on submission of required documents. The beneficiary can become a nominee in the account of the cardholder or legal heir as per the order of the court.

Open account like this




If you want to open your new Jan Dhan account, then you can easily do this work by going to the nearest bank. For this you have to fill a form in the bank. Name, mobile number, bank branch name, applicant’s address, nominee, occupation / employment and annual income and number of dependents, SSA code or ward number, village code or town code, etc. will have to be given in it.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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