New SB Product for Salaried Customers IND SALARY SURAKSHA
New SB Product for Salaried Customers IND SALARY SURAKSHA
A special salary product “Ind Salary Suraksha” for regular working employees of Government/PSU /Private sector companies is being launched on date.
This product offers combo benefits of Personal Health Insurance & Personal Accidental Insurance, subject to fulfilment of minimum quarterly average balance(QAB) criteria in two variants of QAB of Rs.20000/- and Rs.25000/- respectively.
KEY FEATURES OF THE PRODUCT
| Quarterly Average Balance QAB (Rs.) | Annual Health Insurance Coverage (Rs.) | Personal Accident Coverage (Rs.)* |
|---|---|---|
| >= 20000/- | 1.00 Lac | Not Eligible |
| >= 25000/- | 1.00 Lac | · Personal Accident Death Insurance Cover Rs. 30 Lakhs
· Accidental Permanent Total Disability cover of Rs 30 lakhs · Accidental Permanent Partial Disability cover of Rs 15 lakhs · Air Accident Death Insurance Cover of Rs 50 Lakhs. |
| ELIGIBLE CUSTOMERS | Regular permanent Employees of Government /PSU /Private sector companies with at least six-month service with their organization. |
| AGE GROUP | Entry Age – 18 years
Exit Age – 60 years or the period up to which the employee is in service whichever is earlier. |
| OPERATION | Single |
| INITIAL DEPOSIT | NIL |
| CHEQUE BOOK | Free |
| DEMAND DRAFT | Free , If issued through Salary account |
| RTGS/NEFT | Free |
| NATURE OF OPERATION | Cheque |
| AVERAGE QUATERLY MINIMUM BALANCE | Depending on the product variant opted by the customer for maintaining the QAB of either
>=Rs. 20000 >=Rs. 25000 If QAB is not maintained, Penalty for non-maintenance of minimum balance of Savings Bank Account will be applicable as per prevailing Bank Service Charges and the envisaged insurance facilities under the scheme will be discontinued. |
| SMS ALERT | Free |
| NET BANKING /MOBILE BANKING | Free –NEFT/RTGS
Free –IMPS/UPI |
| ATM DEBIT CARD | Free Rupay Platinum card with AMC free |
| MAXIMUM WITHDRAWAL AT OTHER BANK ATMs | Free |
| ACCIDENTIAL INSURANCE COVER ON DEBIT CARD | Rs.2 Lacs
Personal Accidental Insurance with Rupay Platinum Debit card is subject to terms and conditions of debit card company which may change from time to time. |
For more details: Visit nearest branch
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