NEWS & ADVICE : CREDIT CARDS
Vidya Suraksha- insurance scheme for students by federal Bank
By Ankit Sharma
Dec 5, 2014
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Private sector lending Institute – Federal Bank has joined hands with kotak Life Insurance. In association with the Kotak Life insurance the bank will launch an insurance scheme for the students.

The scheme named Vidya Suraksha is specially designed for the students. This new scheme will offer life cover to the students who have taken student loan. In addition to this, the scheme is very useful for the students with the facility of a single-premium policy and the premium will be funded by the bank.

The scheme also offers the insurance protection to the students up to the extent of loan liability in event of death.


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