Suraksha Bima Yojana in SBI
We have published a lot of articles on this topic Suraksha Bima Yojana but this post is basically to resolve all the questions that my readers have been enquiring about Suraksha Bima Yojana in SBI.
Suraksha Bima Yojana is a term insurance plan in which subscriber gets Rs 2 lakhs covered for any accidental death. This insurance plan also covers you if you have incurred permanent disability due to accident in the term period.
FAQ related to Suraksha Bima Yojana in SBI
How can I enroll in Suraksha Bima Yojana in SBI?
The process is very simple first of all you should have a savings bank account in SBI. If you have it already then you just walk to your SBI bank branch and ask them the Suraksha Bima Yojana form. Please fill it properly and you are done. If you have received any SMS from SBI asking you to enroll in this scheme then by just replying to this SMS would enroll you in Suraksha Bima Yojana. You can also log in your State bank account online and apply for it from there.
I do not have a Savings account in SBI can I enroll in Suraksha Bima Yojana?
You can get yourself enrolled in any bank in which you have a savings account but if you wish to apply Suraksha Bima Yojana in SBI itself then you should have to have a savings account with them. You can apply for a zero balance Jan Dhan Yojana account in sbi to resolve this issue.
Who will give me the money to my nominee in case of death or disability?
Your nominee will have to inform SBI about the mis happening with proper documents supporting the case. Aadhar card for the subscriber may be required at this time. So it is advisable to make your Aadhar card to avoid any future conflict.
I do not have aadhar card can I apply Suraksha Bima Yojana in SBI?
Yes you can apply for Suraksha Bima Yojana if you do not have aadhar card as of now. But it would surely be an important documents which encasing this scheme.
I already have Suraksha Bima Yojana account in other bank can I transfer that to SBI?
Instructions for the same are still not updated but yes you should be able to do so in future.
What would happen if I die naturally before 70 years?
In this case you would not get anything from SBI. Suraksha Bima Yojana is a term insurance only for accidental cases.
What if SBI does not allow me to open Suraksha Bima Yojana in their branches?
In this case you can complain to Branch Bank Manager or else you can call SBI customer care and complaint about the same.
Do I have to fill the Suraksha Bima Yojana form every year?
It is mentioned that Suraksha Bima Yojana would be renewed every year but there is an auto debit facility available with SBI banks for this scheme which would mean that Suraksha Bima Yojana would be renewed automatically every year and Rs 12 would be deducted from your attached savings account.
Latest posts by Pavan (see all)
- Aadhar Payments App (BHIM) Download and Other Info - January 6, 2017
- 7 Nischay Arthik Hal Yuwaon Bal - January 4, 2017
- A brief about CM Startup Scheme in Himachal Pradesh - December 31, 2016