Allahabad Bank Offers Lic Cover

Allahabad Bank in a bid to provide value added services to its clients has launched Al-Ayushman Bima Yojana for its depositors in partnership with Life Insurance Corporation of India (LIC).

The scheme is open to depositors of the bank between 18 and 54 and has been maintaining savings and current accounts with any branch of the bank.

The scheme will allow depositors take a cover of Rs 1 lakh for premiums ranging between Rs 172 per and Rs888 per annum.

The bank which has a export customer base of 8000 with an annual export turnover of Rs 38,000 crore organised an exporters meet at Chennai.

 

The traditional items of export from Chennai and neighbouring areas were finished leather products, ready made garments, marine products and engineering goods.