INSURANCE PRODUCT

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 1. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) :-

 i. For customers in the age group of 18-50 years having savings account with the Bank

   ii. Life Insurance cover of ₹ 2,00,000/-

  iii. Premium amount ₹436/ - per annum

  iv. Life insurance coverage period 1st June to 31st May every year.

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2. Pradhan Mantri Suraksha Bima Yojana (PMSBY) :-

   i. For customers in the age group of 18-70 years having savings account with the Bank

   ii. Accidental insurance cover of ₹ 2,00,000/-

   iii. Premium amount ₹20/ per annum

   iv.Accidential insurance coverage period from 1st June to 31st May every year.

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Abhyudaya Bank –
Our bank has taken Corporate Agency of Life Insurance Corporation of India, HDFC Life Insurance Co. Ltd., SBI Life Insuracne Co. Ltd., The New India Assurance Co. Ltd, Bajaj Allianz General Insurance Co. Ltd., SBI General Insurance Co. Ltd. & Care Health Insurance Ltd. which are prestigious insurance company in India, The different policies offered by them are now available through different branches of our Bank. All interested parties may contact to their nearest branch or Insurance Dept., HO for insurance advise.

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Discountinuation of Insurance cover on Rupay Classic Card Click Here

As per the Circular “ NPCI/2019-20/Rupay/003 dated 23^rd May,2019” released by NPCI, it was informed to the member Banks that Insurance Program for Rupay Classic Cards will not be extended beyond Financial year 2019-20. It is informed  that Rupay Insurance feature will not be available on Rupay Classic Cards from  F.Y. 2020 – 21 onwards.