Learn how to claim
The Personal Accident Policy under this plan also covers the incident that happened outside India. The claim will be paid in Indian Rupees as per the sum insured on submission of required documents. The beneficiary can become a nominee in the account of the cardholder or legal heir as per the order of the court.
Also read- Chinese hackers are eyeing 44 crore SBI customers, emptying the account in a jiffy, know what is the way of hackers?
There is also an option to transfer
There is also an option to transfer Basic Savings Account to Jan Dhan Yojana Account. Those who have Jan Dhan Accouts, they get RuPay PMJDY card from the bank. The sum insured for RuPay PMJDY cards issued on Jan Dhan accounts opened up to 28 August 2018 will be Rs 1 lakh. Accidental cover benefit of up to Rs 2 lakh will be available on RuPay cards issued after August 28, 2018.
Also read- Bank Holidays: Banks will be closed for 11 consecutive days from tomorrow, check before going out, where there will be no work?
This scheme was started in 2014
Let us tell you that the Pradhan Mantri Jan Dhan Yojana was started in the year 2014. This scheme ensures access to financial services, banking savings and deposit accounts, credit, insurance, pension to the economically weaker sections in an affordable manner. Anyone can open a Jan Dhan account online by providing Know Your Customer (KYC) documents.