toggle menu

Insurance:

JKSBL is a Corporate Agent as per the new IRDAI regulations,2015 for Registrations of Corporate Agents. The customers of the Bank can avail all types of Insurance scheme along with banking product under one roof.

Bank has a tie-up arrangement with following leading companies in various categories for insurance products.


Life:

1. Life Insurance Corporation of India (LIC) - IRDA Regn. No. 512
2. Max Life Insurance Co. Ltd. - IRDA Regn No. 104


General:

1.The New India Assurance Co. Ltd. IRDA Regn. No. 190
2. The Future Generali India Insurance Co. Ltd. - IRDA Regn. No. 133
3. The Iffco-Tokio General Insurance Co. Ltd. - IRDA Regn. No. 106


Health:

CIGNA TTK Health Insurance Co. Ltd. - IRDA Regn. No. 151

The products of these insurance companies are now available with our branches.
For More details customers can contact their nearest branch.


Disclaimer

"Janakalyan Sahakari Bank Limited is a registered corporate agent with IRDAI (Registration Number CA0143) for soliciting life insurance and general insurance business. Janakalyan Sahakari Bank Limited dos not underwrite the risk or act as an Insurer. Participation of the Customers of Janakalyan Sahakari Bank Limited is on a voluntary basis. JANAKALYAN SAHAKARI BANK LTD is not in the business of insurance m there is no link either direct or indirect between the banking services offered by the bank to its customers and use of the insurance products.

Informational statements regarding Insurance coverage are for general description purposes only. These statements do not amend, modify or supplement any insurance policy. Please consult the actual policy for details regarding conditions, coverage, exclusions, products, services and programs which may be available to you.


This website does not make any representation that the coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording. Any content on the Website must not be construed as investment advice, and you should seek independent advice and exercise due caution before entering into any investment or obligation based on the content. Bank makes no representation or warranty, express or implied , of any kind whatsoever to the links of the Insurance Provider companies. However for our esteemed customers we would like to highlight the following:


For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.
The investment risk in investment portfolio is borne by the Policyholder.
Linked Insurance products are different from the traditional insurance products and are subject to the risk factors.
Please know the associated risks and the applicable charges, from your policy document issued by the Insurance Company."



1. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) :-


Life insurance worth Rs. 2.00lacs at Just Rs. 330/- Per annum.

  1. i. For All saving Bank account holders whose age is between 18 (completed) to 50 years ( age nearer birthday)
  2. ii. Rs. 2.00lacs is payable to the Nominee on Member's Death due to any reason.
  3. iii. Period of Insurance Cover : 1st June to 31st May (every year)


2. Pradhan Mantri Suraksha Bima Yojana (PMSBY) :-


  1. i. For All saving Bank account holders whose age is between 18 to 70 years.
  2. ii. Accidental insurance cover of Rs. 2,00,000/-
  3. iii. Premium amount Rs. 12/- per annum
  4. iv. Accidental insurance coverage period from 1st June to 31st May every year.
Table of Benefits Sum Insured
I. Death Rs. 2 Lakhs
II. Total and irrecoverable loss of both eyes or loss of use of both hands or feet or loss of sight of one eye and loss of use of one hand or one foot Rs. 2 Lakh
III. Total and irrecoverable loss of sight of one eye or loss of use of one hand or one foot Rs. 1 Lakh

Premium Will be deducted annually from Saving Bank account thorough "Auto Debit" facility.
Each person would be eligible to join the scheme through one saving Bank account only.