Did you know that atm card holders get 5 lakh insurance?

Did you know that atm card holders get 5 lakh insurance?

If you use an ATM card, the bank will charge you Rs.  Can give up to 5 lakhs.  Many people are not aware of this.  This is a type of insurance for which the cardholder's family members have to apply.  If you do not claim you will not get this amount. Did you know that atm card holders get 5 lakh insurance?

    

Did you know that atm card holders get 5 lakh insurance?

 Did you know that atm card holders get 5 lakh insurance? This news tells you how to make a claim (ATM insurance claim) for 5 lakhs if needed? You must read this news because hardly any bank official has informed you about this. Also Read: Coming  Bay of Bengal will be stormy from tomorrow, know in which district affected? Banks do not inform customers Among the free services available with ATM card, the most important services are insurance, like the bank issues the ATM card to the customer, the customer gets accident insurance.  However, due to lack of knowledge of this insurance, only few people can claim insurance for it.  Leave aside the villagers, even many educated people do not know the rules of ATM.  Even the bank does not give this information verbally to its customers. Who gets insurance? As per rules, a cardholder who has used an ATM card of any government or private bank for at least 45 days before is entitled to insurance.  Everything depends on the category of the ATM card. For each category Insurance Bank provides insurance to the cardholders according to different categories.  Did you know that atm card holders get 5 lakh insurance?

                 The categories of cards are Classic, Platinum and Normal.  50,000 on a normal MasterCard, Rs 1 lakh on a Classic ATM card, Rs 1.5 to 2 lakh on a Visa card and Rs 5 lakh on a Platinum card. Also Read: Going to Bank?  So first check this bank holiday list provided by RBI can claim up to 5 lakhs on death If the ATM card user dies in an accident then insurance is available from 1 to 5 lakh rupees.  

      On the other hand, if one arm or one leg is damaged, the sum assured is available up to Rs 50000 in that case.  For this you have to apply in the bank.  The cardholder's nominee has to submit an application to the bank.Did you know that atm card holders get 5 lakh insurance?

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