UGB gives Rs1 l free accident insurance to its account-holders

| | Dehradun
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UGB gives Rs1 l free accident insurance to its account-holders

Thursday, 30 April 2015 | PNS | Dehradun

The Uttarakhand Gramin Bank is the only bank in the State which provides a free accident insurance of Rs1 lakh to its savings bank account holders. The National Insurance Company regional manager NN Mangla said this at a consumer meet in Dehradun on Wednesday. Speaking as the chief guest on the occasion, the UGB chairman Sanjay Agrawal said that the bank and insurance company had entered into a financial arrangement in 2007-08. The UGB is the sole bank in Uttarakhand to provide the Rs one lakh free accident insurance to its account holders. So far the families of 581 bank customers have availed of this facility. This year, 152 families have been provided the accident insurance amount. During the customers’ meet, insurance amounts were also presented to family members of the bank customers who had died in accidents.

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