This is a Insurance Policy covering all the Kisan Credit Card holders of Jhunjhunu Kendriya Sahkari Bank. This scheme will cover all the KCC holders against death resulting from accidents occurring within the geographical jurisdiction of India. Jhunjhunu Kendriya Sahkari Bank has signed MOU with SBI Life Insurance Company Ltd. for implementing SJSY.
Period of Insurance: The insurance cover will be in force for a period of one year from the date of receipt of premium.
Premium:- 6.50 per 1000/- + Service Tax
Claim:-- Loan amount Or Rs. 10 Lacs Whichever is less.