Coverage:
1. Age should be between 18 to 70 years
2. Should be account holder of the bank. In case of multiple savings accounts held by an
individual in or different banks, the person shall be eligible to join the scheme through one savings bank account only
Cover shall be for one year period from 1st June to 31st May
Prescribed forms will be required to be submitted to the bank
|
a |
Death |
Rs. 2.00 lakh |
|
b |
Total and irrecoverable loss of both eyes or loss of use of both hands or feet or loss of sight of one eye and loss of use of hand or foot |
Rs. 2.00 lakh |
|
c |
Total and irrecoverable loss of sight of one eye or loss of use of one hand or foot |
Rs. 1.00 lakh |