Call us on +91 8294394519 for Free Demo class or any query about Clat Gurukul

Get Direction +91 8294394519  
  • 24/B, Beside Bikaner Sweets, Sahdev Mahato Marg, S K Puri, Patna
  • +91 8294394519 Testimonials Video Gallery
  • Archive Blog

    Corporation Bank, New India Assurance Company signs MoU on PMSBY

    Posted on: 2015-04-29 Posted by: CLAT Gurukul Category: Archive Blog

    New India Assurance Company Corporation Bank and New India Assurance Company Ltd signed a memorandum of understanding (MoU) for implementing Pradhan Mantri Suraksha Bima Yojana [PMSBY], central government`s scheme to provide security against personal accidental risk and permanent or partial disability. Under PMSBY, Bank`s Aadhar-linked SB account holders will be eligible for coverage against personal accidental risk, permanent/partial physical disability up to Rs 2 lakh. One has to pay a nominal premium of Rs 12 plus service tax. New India Assurance Company Ltd will issue a master policy under group insurance scheme, which is voluntary for the customers. The social security scheme is meant for all Aadhar linked SB account holders who are not covered under any other social security scheme, whose age is in between 18 to 70 years can enroll in to the scheme by paying a premium amount, a bank communique here states.


    For more updates on topics asked in CLAT, keep visiting CLAT Gurukul which is a knowledge sharing initiative of The Knowledge Tree, Patna's premier coaching institute for CLAT and for other law entrance exams like AILET, SET, LSAT etc.


    Subscribe now and receive weekly newsletter with educational materials on CLAT entrance preparation, new courses, interesting posts, popular books and much more!