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Purchase Course

PNB SECURED SAVING SCHEME

PARAMETERFEATURES
EligibilityAn Individual falling in age group between 18 years to 50 years.
MABRural – Rs. 500/- , Semi Urban- Rs. 1000/-, Urban & Metro- Rs. 2000/-
Documents required for opening of AccountAs per Bank’s KYC Policy
Charges for Non-Maintenance of MABNIL
NominationAllowed
NEFT/RTGS/ IMPSFree Online
Internet BankingAvailable
Mobile BankingAvailable
SMS BankingAvailable
Cheque BookOne Cheque book of 25 Leaves free in a Financial Year
Rupay Platinum Debit CardAvailable
Facility of Life InsuranceMaximum age at maturity – 65 Years
Insurance Plan Type – Term Plan with Return of Premium Option (TROP).
Under this, Life Coverage is provided at low premium. In case of death (due to natural or accidental reasons), the life cover benefit is provided to the nominee. In case of survival after the
policy term (15 years), the total premiums paid (excluding GST) are refunded back to the insured person.
Premium Payment Mode – Annual
Premium Payment Term – 10 years
Total Coverage (Policy Term) – 15 years
Death benefit Options – Four Options :
1. INR 3300 per month for 10 years or INR 3 Lakh lumpsum
2. INR 5500 per month for 10 years or INR 5 Lakh lumpsum
3. INR 11000 per month for 10 years or INR 10 Lakh lumpsum
4. INR 16500 per month for 10 years or INR 15 Lakh lumpsum
Maturity Benefit – 100% of all premiums (excluding GST)

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