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Tuesday, August 11, 2015

Jan Dhan Yojana: 215 claims settled so far, says NPCI

As many as 215 claims have so far been settled under the Rs. 1 lakh accidental insurance cover provided under the Pradhan Mantri Jan Dhan Yojana (PMJDY) launched last year, A.P. Hota, Managing Director & CEO, National Payments Corporation of India has said.

The accidental insurance cover of Rs. 1 lakh was one among the special benefits attached to the scheme that was implemented on a mission mode by the Modi-led Government.

Till date, 17.29 crore bank accounts have been opened under PMJDY.

Hota said that in all about 500 claims have come for the accidental cover benefit, of which about 397 related to 2014-15 and about 97 this fiscal.

Of the 215 claims settled, 180 related to 2014-15 and the balance 35 for the current fiscal.

NPCI had paid the premium for this accidental insurance cover benefit. The premium paid by NPCI was about Rs. 0.47 per Rupay card issued under the Jan Dhan scheme.


Meanwhile, Hota also said that till date 400 claims has been received for the life insurance cover benefit of Rs. 30,000 assured to each Jan Dhan holder.

Of the 400 claims, payment of Rs. 30,000 to nominees of the Jan Dhan beneficiaries has been made in respect of about 150 claims, he added.

Source : Thehindubusinessline


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