Apply ATM Card Online: If you are also using ATM card then there is good news for you. The bank has said that customers using ATM cards will be given Rs 5 lakh. Yes, many people do not know about this facility of the bank. We are going to tell you how you can take advantage of 5 lakhs. (Bank gives accident insurance of Rs 1 to 5 lakh for ATM card holder, know details)
What is Bank Facility?
At present, most bank account holders in the country use ATM cards. So how to take advantage of 5 lakhs? Insurance facility is provided to ATM users by the bank.
Accident Insurance
Many types of free services are provided to the customers through ATM cards. Insurance is also one of these. As soon as the bank issues the ATM card to the customer, the customer gets the facility of accident insurance. However, not many are aware of this insurance.
Category wise insurance
The bank offers various categories of insurance to the cardholders. There are 3 categories Classic, Platinum and Normal. A casual cover of Rs 50,000 in normal MasterCard, Rs 1 lakh in Classic ATM card, Rs 1.5 to 2 lakh in Visa card and Rs 5 lakh in Platinum card.
Sum Assured in case of death
In case of accidental death of ATM card users, insurance is available from Rs 1 to Rs 5 lakh. On the other hand, if there is an injury in one hand or one leg, then in that case the sum insured up to 50 thousand rupees is available. For this you have to apply to the bank. The cardholder’s nominee has to submit the application to the bank.
