"Pradhan Mantri Suraksha Bima Yojna"
STATE BANK OF INDIA - Banker to Every Indian
Dear Sir/Madam,
Dear Sir/Madam,
You are aware that the Honorable Finance Minister announced two Insurance Schemes in the Union Budget 2015-16. The Schemes are as under-
1. PMJBY- Life insurance cover of Rs. 2 lacs for an annual premium of Rs. 330/- for all customers in the age group of 18 to 50 years.
2. PMSBY- Accident Insurance cover of Rs. 2 lacs for an annual premium of Rs. 12/- for all customers in the age group of 18 to 70 years.
The insurance cover will start from 01.06.2015 to 31.05.2016 and will be required to be renewed every year.
Please contact your nearest Branch immediately to avoid last hour rush and make use of this unique opportunity.
The insurance cover is available at the same premium amount and without requirement of a medical check up for all eligible people irrespective of their age.
Chief General Manager - RB
State Bank of India
A Message from Central Bank of India :
- Dear Customer come to Central Bank for enrollment in Life / Accident insurance under PM's Social Security Scheme PMJJY (2lac) Rs 330 & PMJSY (2Lac) Rs 12 per Year. So, Visit your nearest Branch to avail that benefit.
HDFC ANNOUNCEMENT ON PMSBY " Pradhan Mantri Suraksha Bima Yojna"
Dear Customer, Get Rs 2 lac Accident Cover with Pradhan Mantri Suraksha Bima Yojna for an annual premium of Rs 12. To subscribe SMS PMSBY Y to 5676712 from your registered mobile number. Premium amount will be debited from Your HDFC Bank Savings Account. For T & C & other details click http://bit.ly/1PwqQXB
+ comments + 11 comments
If a person has accounts in more than one banks can he be benefitted in each bank?
If a person has accounts in more than one banks can he be benefitted in each bank?
Can i subscribe both at a time?
Scope of coverage: All savings bank account holders in the age 18 to 70 years in participating banks will be entitled to join. In case of multiple saving bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one savings bank account only.
Ravindra, no only one account
Yes, you can suscribe both schme at a time
Termination of cover:
The accident cover for the member shall terminate on any of the following events and no benefit will be payable there under:On attaining age 70 years (age nearest birth day).Closure of account with the Bank or insufficiency of balance to keep the insurance in force.In case a member is covered through more than one account and premium is received by the Insurance Company inadvertently, insurance cover will be restricted to one only and the premium shall be liable to be forfeited.
Stay away from Andhra Bank. It has gone insane with its recent NPA losses.
It now started deducting money from its House loan customers who have associated savings accounts for these PM Insurance plans without application or approval from the customer.
Here is the fully story: http://www.quora.com/Who-else-has-seen-AndhraBank-debiting-money-for-PM-Insurance-Plan-in-your-A-C-without-your-approval-or-knowledge
"...Today, we see Rs12/- deducted under "PMSBY INS UPTO 310516" without our request or approval.
And this is for one of those genius give us money plans of PM Insurance.
....."
No,,a person can only with one bank,,because u r applied with insurance company, not to bank,,but through bank.
Yes
U r applying to the insurance company and not to the bank but through the bank.
Therefore u can apply only once through any one bank..if u apply with more banks u WL lose money..insurance company will pay you only once not twice.
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