ATM Card Insurance: In today's time, every person prefers to make online payments. Now you do not need to carry much cash with you. If you also have ATM. So you will know that you can withdraw money anywhere. On the contrary, very few people are aware of this. You also get accidental insurance with ATM card. With the help of this facility of ATM, if the ATM card holder dies. So his family gets the insurance amount. Most people are not aware of this, due to which they are not able to take advantage of it.

Important news for ATM card holders

The country's largest bank SBI is offering insurance cover of up to Rs 20 lakh on ATM cards. Information in this regard has also been made available on SBI website. According to which those having debit cards get complimentary insurance cover. Let us tell you that this insurance cover can range from Rs 25,000 to Rs 20 lakh. Which category is your ATM? The amount of insurance is determined according to this. Insurance cover is available only to the card holder. When done on ATM machine or E.Com within 90 days of the accident.

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In this way you can avail the benefit of insurance cover

If you also want to take ATM insurance claim. So you will have to contact the bank branch. If the card holder dies due to any reason. So the nominee of ATM card can contact the bank branch. After going there you will have to submit an application form. After this you will have to submit all the necessary documents to the bank. You will have to go to the bank and apply within 45 days of the accident happening to the holder and in this way you can avail the benefit of insurance cover.

Superfast News Coverage By YuvaPatrkaar.com Team

Publish Date: December 01, 2023  

Posted By Sunil

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