Nabil Bank launches Group Personal Accident coverage for its individual depositors; customers to receive insurance claim of Rs 10 lakh in case of death or permanent disability

Tue, Sep 3, 2019 10:11 PM on Corporate, Latest,

Nabil Bank has launched its all-new Nabil Group Personal Accident coverage service worth of Rs 10 lakh for its individual account holders.

The insurance coverage agreement, to be effective from Bhadra 16, 2076, was signed between DY CEO of the bank Mr. Anil Khanal and CEO of NLG Insurance Mr. Sunil Ballav Pant.

After the deal, customers of the bank who maintain minimum daily balance of Rs 5000 or more in their saving accounts with the bank shall be entitled to receive Rs 10 lakh as insurance claim in case of the death or permanent disability of the depositor in any accident, as per the media statement.

The bank currently provides its services from its 79 branches and more than 1500 Nabil Remit agents around the nation.