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accidental insurance

  • Personal accident Insurance policy for borrowers of home loans (including AAA, Home Improvement)
  • All loans are covered from day 1 of loan disbursement. Premium is borne by the Bank.
  • Covers the following
  • Death by accident
  • Loss of limbs by accident
  • Sum Insured
  • Death by accidents: 100% of loan amount outstanding
  • Loss of limbs: Upto 100% as per severity of loss
  • In case of co-borrowers, full cover is available for incident with any one
  • Claim Procedure
  • Claim form and other documents related to death/ loss of limbs (medical reports / cremation/FIR, etc)
  • Loan sanction letter/ latest statement of account.
  • KYC and other general documents
  • Claiments