Banks Provide Free Accidental Insurance with ATM cards

RuPay Card Insurance Cover of Rs. 1,00,000 & 2,00,000

ATM Card Holder Insurance Rs. 5 Lacs

Personal Accident Insurance SBI ATM Card

Rs. 5 Lacs Insurance for ATM Card Holder

Bank ATM Card Insurance guide ATM धारक का होता है बीमा

Insurance on Card ICICI Bank Debit Card

Personal Accident Insurance (Death) ATM Card

SBI ATM Insurance for Savings Bank Account holders 

ATM धारक का होता है 5 लाख तक का बीमा, ऐसे मिलेगी राशि - ATM Card लेते ही हो जाता है 5 लाख रूपए तक का बीमा-

 ATM Card Holder Insurance Rs. 5 Lacs

बैंक खाता रखने वाले ज्यादातर ATM कार्ड का इस्तेमाल करते हैं। लेकिन एटीएम कार्ड का फायदा कभी भी पैसे निकालने का तो होता ही है, लेकिन इसका एक और फायदा आपको मिलता है जिसके बारे में बहुत ही कम लोग जानते होंगे। किसी भी सरकारी या गैर सरकारी बैंक का एटीएम आपके पास है तो आपका उस बैंक में अपने आप ही दुर्घटना बीमा हो गया है। आपका यह बीमा 25,000 रूपए से लेकर 5 लाख रूपए तक का होता है। यह योजना कई सालों पहले शुरू हो चुकी है, लेकिन अभी तक इसके बारे में 90 से 95 फीसदी को जानकारी नहीं, क्योंकि बैंक भी खुद ये जानकारी ग्राहकों को नहीं देते हैं।

यदि आपके पास साधारण एटीएम कार्ड तो अचानक से मृत्यु होने पर 1 लाख रूपए का तक का मुआवजा परिवार वालों को मिलेगा और अगर कार्ड मास्टरकार्ड है तो 2 लाख रूपए तक का मुआवजा। यदि आंशिक विकलांगता की सूची में एक हाथ या एक पैर खराब हो जाता है तो बैंक से 50,000 रूपए का मुआवजा मिलेगा। वहीं, दोनों हाथ या दोनों पैर खराब होने पर 1 लाख रूपए का मुआवजा एटीएम धारक को मिलता है।

मास्टर कार्ड धारक ग्राहक को 50 हजार रूपए का और क्लासिक एटीएम पर 1 लाख रूपए तक का बीमा होता है। सभी वीजा कार्ड पर 2 लाख रूपए का बीमा और मास्टर मित्र कार्ड पर 25 हजार रूपए का बीमा होता है। प्लैटिनम कार्ड पर 2 लाख रूपए और मास्टर प्लैटिनम कार्ड पर 5 लाख रूपए तक का बीमा आपको मिल सकता है।

आप बैंक में अपने एटीएम के बारे में जरूर पूछताछ करें और इस बात की जानकारी मांगे कि आपके एटीएम कार्ड पर आपको कितना बीमा मिला है। यदि बैंक इन्कार तो बताएं कि आपको सरकार द्वारा जारी इस योजना की पूरी जानकारी है। यदि किसी दुर्घटनावश एटीएम कार्ड धारक की मृत्यु हो जाती है तो कार्ड के टाइम के अनुसार मिलने वाली बीमा राशि की बैंक से मांग करें। यदि बैंक बैंक देने से मना करे तो कंज्यूमर फोरम में जाकर अपना हक ले सकते हैं। ज्यादातर बैंक ऐसा ही करते है कि ग्राहक को इस नियम की जानकारी देते और उसके बीमा की मिलने वाली राशि को दबा लेते हैं।

बैंक से अपने ATM बीमा के बारे में जरूर पूछें……

Viral Message on Social Media -

Banks provide free accidental insurance with ATM cards:     It is being claimed in a viral message on the social media that banks accord insurance to ATM card owners without any fee. 

What is the truth of the message?

It is being claimed that if a person has a bank account and uses an ATM card, he or she is entitled to accidental insurance extended by the bank without any fee.

It is being also claimed that if someone dies within 45 days of using the ATM card, his family can claim the insurance amount.

Here is the truth of the viral message. If you have a platinum card, you would be entitled to a sum of Rs. 2 Lakh. If you have a classic card or kisan debit card, you would get Rs. 50000/-. PNB ‘Mitra’ debit card holders are entitled to Rs. 25000/-.

According to the scheme, if a person dies in an accident, his family members would have to contact the bank within 2 to 5 months. They would have to file an application regarding this in the branch where the account is located.

Before paying the compensation, the bank would check whether any transaction happened in the last 45 days or not.

As soon as you open the account, banks provide the insurance cover. 

That Viral Message is true.

ATM card holders can get insurance up to Rs 10 Lakh! 

5 such important things to know:-

New Delhi:     ATM cards have made our lives much easier. The 24x7 service doesn't only ensure fast cash dispensation; it has a host of other facilities which can be availed by click of your fingers.

However, ATM card holders are also eligible for many facilities other than just banking. These facilities are not known commonly to public.

Here are 5 most important facilities that ATM card holders can avail -

1- Get Insurance up to Rs 10 Lakh:     Automated teller machine (ATM) card holders of both public and private sector banks are eligible for accidental hospitalisation cover and and accidental death cover by the card issuing bank. It ranges between Rs 50,000 to Rs 10 lakh. However, if at all you must avail the insurance amount; your bank passbook has to be operational. The insurance cannot be availed for inoperative account.

2- How to claim insurance:    Immediately inform the police after the accident and highlight everything properly.

In case of hospitalization, all the medical reports have to be submitted.

If it is a case of accidental death these things will be required to deposit- The post-mortem report, police  panchnama, Death certificate, Valid driving license.

Bank must be informed that the card holder has made transaction in last 90 days.

3- Unlimited transaction:      Though most of the private and public banks charge you for making five transactions, there are certain banks which offer you unlimited transactions on their home ATM. But, an SBI account holder can avail unlimited transactions. For this the account-holder must have a minimum balance of Rs. 25,000 his/her account. Ratnakar Bank limited also offers unlimited ATM transactions.

4- Cash deposit through ATM:         You can also deposit cash through ATM machine. Six Indian offer fund transfer facility through ATMs through a shared network called Mitr. Punjab National Bank, Indian Bank, Oriental Bank of Commerce, Karur Vysya Bank, IndusInd Bank and UCO Bank, are part of the ATM sharing network, Mitr, with PNB as the settlement bank.

5- Avail Cash backs:     Not many know that they can avail cash back offers through their ATM card on both online and retail shopping. Banks like HDFC, ICICI, SBI and PNB offer such cash back schemes.

We must know all about ATM Card insurance policies -

“Virtual” RuPay Card: Benefits, How to Apply, Documents Required -

Virtual RuPay Card:      In order to increase the penetration of India’s first payment gateway system RuPay Debit Card, National Payments Corporation of India (NPCI) is soon going to launch Virtual RuPay Card. This would be replacement of physical card and requires single factor authentication. Get to know about the differences between RuPay vs Mastercard.


1. Sending and receiving money would be done through smartphone via 16 digit number displayed on the RuPay debit card.

2. Transaction charges would be less as compared to the ones which NPCI currently charges.

3. For making any transaction, there is no need to enter bank account details which is currently required. Only details required would be either:

Aadhar number.

10 digit mobile phone number.

Virtual payment address.

In order to send money, account holder needs to enter beneficiary’s valid E-mail address or mobile number. As of now, person requires IFSC code and account number in order to make any transaction. But with this system, the process would become much simpler. Check out benefits of RuPay debit card and offers for the card holders.


1. Person should have a smartphone.

2. RuPay debit card.

How to Apply for RuPay Debit Card:      Application for RuPay card is very simple. Interested person needs to first open savings or current account in the banks offering RuPay debit card. While making this application specify that “I want RuPay card”. There is another way to get RuPay card by opening account under Prime Minister Jan Dhan Yojana in which RuPay card is offered for free. Also see RuPay Prepaid Debit card for train ticket booking which was launched on 24 March 2015 by IRCTC and Union Bank of India.

Insurance on ICICI Card:     Your ICICI Bank Debit Card enhances not only the security of your account but also your own security by offering a complimentary Accident Insurance cover and purchase protection for goods purchased using the Debit Card.

Personal Accident Insurance (Air):    Get complimentary air accident insurance on your debit card. All you need to do is use your ICICI bank Debit Card every time you purchase your Air Ticket.

Personal Accident Insurance (Non Air):     ICICI Bank offers complimentary accident insurance on your debit card for all active debit card customers.

Purchase Protection:     The goods you purchase using your ICICI Bank Debit Card are secured from theft, fire or loss in transit till 90 days from the date of purchase.

Details of Insurance Cover:

Debit Card Types:        There are many types of cards in this (ICICI) bank for various types of customers insurance covers starting from Rs. 50000/- for Silver Card to Rs. 3 crores for Rubyx card holder. 

Government Policy details on ATM Card Insurance (Govt changes Insurance Company every year for said ATM Insurance)