SBI gives insurance up to 20 lacks absolutely free to its ATM card holders. Know how?
SBI's ATM does not work only to withdraw cash, but many other facilities are also given to the customers.
Let us tell you that the country's largest government bank SBI gives an accidental insurance cover of up to Rs 20 lakh on ATM cards.
This amount of insurance given by SBI is decided according to different categories of different cards.
There are two types of insurance coverage available at SBI ATM. 1- Personal Accidental Insurance (Death) Non-Air 2- Personal Air Accidental Insurance (Death).
SBI Visa Signature/MasterCard Debit Card: 1-Non-Air Accidental: Insurance up to 10,00,000 2-Air Accident: Insurance up to 20,00,000
SBI Premium (Business Debit) (MasterCard/Visa) 1- Non-Air Accidental: Insurance up to 5,00,000 2- Air Accidental: Insurance up to 10,00,000
SBI Platinum (MasterCard/Visa) 1- Non-Air Accidental: Insurance up to 5,00,000 2- Air Accidental: Insurance up to 10,00,000
SBI Gold (MasterCard/Visa): 1- Non-Air Accidental: Insurance up to 2,00,000 2- Air Accidental: Insurance up to 4,00,000
SBI Pride (Business Debit) (MasterCard/Visa) 1- Non-Air Accidental: Insurance up to 2,00,000 2- Air Accidental: Insurance up to 4,00,000
Let us tell you that while giving ATMs, the bank does not tell about these facilities, so people do not know about them.