Railway Employees with SBI Salary Accounts to Get Rs 1 Crore Accidental Death Cover

New Delhi: On Monday, Indian railways, employees and their families to provide significant insurance scope of the Indian State Bank with the Indian State Bank (Mou) said that he signed. Railways Minister Ashwini Vaishnaw’un signed in the presence of the agreement signed in accordance with the zapı, SBI and employees who continue their salary accounts, RS 1 Crore accident insurance will receive death insurance, he said.

This is an important increase in the current scope of RS 1.20 Lakh, 60,000 RS and 30,000 RS for Group A, B and C employees within the scope of Central Government Employees Group Insurance Program (CGEGIS).

“In addition, all railway employees holding only one salary account with SBI, without the need to pay any premium or any medical examination RS 10 Lakh’s natural death insurance will be in accordance with the scope of the scope.” He said.

“This agreement, which maintains its salary accounts with approximately 7 Lakh Railway Employees SBI, takes a big step towards the welfare of the employee reflecting a maintenance and a constructive partnership between Indian railways and SBI.” He said.

According to the Ministry, some of the basic complementary insurance caps within the scope of this agreement zapı are the scope of RS 1.60 Crore Air Accident Insurance (Death) and RUPAY Bank Card RS 1 CRORE; RS 1 Crore’s personal accident (permanent total disability) cover; and personal accident (permanent partial disability) up to 80 lakh.

The ministry said that this agreement is employee-centered, compassionate and designed to provide special benefits to the workplace-especially C and others.