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Listed below are the applicable terms & conditions for personal accidental insurance

Personal Accident (Death Only)

• All Bandhan Bank PMJDY cardholders will be eligible for the benefit under the RuPay Insurance Program 2024-25.

• Benefits of insurance will be available to the cardholders who have performed minimum one successful transaction as under financial or non-financial transaction at any channel both Intra and Inter - bank i.e., on-us (ATM/POS /e-com/business correspondent of the Bank at locations by any payment instrument) within 90 days prior to date of accident including accident date of Cardholders.

• Under the RuPay Insurance Program 2024-25, cardholders will be eligible for the compensation on only 1 eligible Bandhan Bank PMJDY Debit Card per cardholder or per customer, even if multiple cards held by cardholder of same/different bank are meeting the eligibility criteria. The choice of the card for the claim would rest with the customer.

• The personal accident insurance death and permanent total disability would be an open policy for any kind of accident related to death or permanent total disability.

• In the event that the date of accident is within 90 days prior to date of accident including accident date of cardholders, from the date of issuance of the Bandhan Bank PMJDY Debit Card, the policy would respond in favour of the cardholder even if no transaction has been carried out using the card.

• Personal accident insurance is open to all Bandhan Bank PMJDY cardholders above 5 years of age subject to fulfilment of the terms and conditions of the policy.

• Compensation of insurance benefit will be made to the eligible beneficiary on submission of complete documentation set prescribed under ‘Procedure for Claim’.

• Claims procedure

• Limit modification

• PIN generation

• Debit card block/unblock