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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

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

( Last modified on Feb 13, 2026 at 11:02:58 AM )

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