IF YOU HAVE AN ATM CARD THEN YOU CAN GET UP TO 10 LAKHS OF INSURANCE
The information brochure that comes with debit-credit cards should be read carefully and know how much accident insurance you can get on the credit-debit card you have.
New Delhi: Many percent of the country's public has an account in the bank and most of them have ATM cards. The most important work of ATM card is to withdraw money from ATMs but besides this, another major benefit is getting ATM card holders, which you probably do not know about. Knowing this information, you also know the great news of your benefits today.
What is the biggest benefit associated with ATM?
If you have an ATM of any government or non-government bank, then you also get accident insurance in that bank itself. This insurance is from Rs 25,000 to Rs 5 lakh and up to Rs 10 lakh in any bank. It has been several years since the scheme started. The information brochure that comes with your debit-credit card has all its information, you should read it carefully and know how much accident insurance you can get on the credit or debit card you have.
What is the process of accident insurance and how compensation is available-
As soon as the ATM gets you after the account opens in the bank, the insurance policy becomes applicable. Insurance is done on behalf of the bank, so that the family can get help after ATM holder's death. According to this scheme there is a provision of different types of compensation till partial disability from death. No ATM holder has to deposit any money for this.
According to the scheme, if an ATM holder dies in an accident, then the family member will have to go to the branch of the bank within 2 months to 5 months where the person had an account and give an application about the compensation there. Will be
If you have a single bank account or an account in the other branch of that bank, the compensation will also be paid to you at any one ATM, which is being done to transfer money. Before paying compensation, the bank will see that there was no financial transaction from that ATM within the last 45 days before the death.
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The information brochure that comes with debit-credit cards should be read carefully and know how much accident insurance you can get on the credit-debit card you have.
New Delhi: Many percent of the country's public has an account in the bank and most of them have ATM cards. The most important work of ATM card is to withdraw money from ATMs but besides this, another major benefit is getting ATM card holders, which you probably do not know about. Knowing this information, you also know the great news of your benefits today.
What is the biggest benefit associated with ATM?
If you have an ATM of any government or non-government bank, then you also get accident insurance in that bank itself. This insurance is from Rs 25,000 to Rs 5 lakh and up to Rs 10 lakh in any bank. It has been several years since the scheme started. The information brochure that comes with your debit-credit card has all its information, you should read it carefully and know how much accident insurance you can get on the credit or debit card you have.
What is the process of accident insurance and how compensation is available-
As soon as the ATM gets you after the account opens in the bank, the insurance policy becomes applicable. Insurance is done on behalf of the bank, so that the family can get help after ATM holder's death. According to this scheme there is a provision of different types of compensation till partial disability from death. No ATM holder has to deposit any money for this.
According to the scheme, if an ATM holder dies in an accident, then the family member will have to go to the branch of the bank within 2 months to 5 months where the person had an account and give an application about the compensation there. Will be
If you have a single bank account or an account in the other branch of that bank, the compensation will also be paid to you at any one ATM, which is being done to transfer money. Before paying compensation, the bank will see that there was no financial transaction from that ATM within the last 45 days before the death.
Click Here View