NEWS & ADVICE : SAVINGS ACCOUNTS
Andhra Bank's new scheme of insurance linked with savings
By Vaibhav Aggarwal
Dec 2, 2013
Print    Email    RSS   

On December 1, The 'AB Jeevan Abhay Plus' will be launched by Andhra Bank. This is a new product which is would be an insurance plan linked to a savings account. On Saturday, G. Ravi Kumar, the Deputy General manager at a press meet had stated the nationwide launch of the new scheme was to mark the 70th year of the bank. In regards to the premium, the media was informed that the premium between the years of 18 to 35 comes up to Rs.386 yearly. Between 36 to 50, the annual premium would be around Rs.766 and Rs.1,66 yearly between 51 to 55.

In an information which was provided to The Hindu by Mr. Ravi Kumar in regards to the business details, stated that in the Krishna district, the overall turnover of the bank was Rs.7, 346 crores. Out of this, Rs.3, 538 crores was from advances accounting and Rs.3, 808 crores was from deposits.

 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Carnival of Indian Personal Finance Blogs #6
Savings account portability: How...
Personal Finance for the 21st century...
12 point conduct checklist for bank and...
Carnival of Indian Personal Finance Blogs #4


kya account no 05890100004013 uco bank ke hi he...
i want account number i lost my passbook
i want to check my a/c
How many rs balance in my account sbi
Pl. find the address of account holder Accont no....
check my account balance

NEWS THIS WEEK
HDFC bank adjudged as the Best private bank in India Feb 16, 2015
HDFC reported an increase of 20% in its net profit Feb 16, 2015
ICICI bank launched Flash remit facility Feb 13, 2015
BOM launched new savings deposit scheme for HNI customers Feb 12, 2015
BMB bank to have a total of 80 branches by the March end. Feb 10, 2015
News Archive