Andhra Bank
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Toll Free Number : 1800 425 1515

Abhaya SB Account

Individuals, either single or joint
Age Limit  

5 to less than 75 years
Insurance cover

Rs. 50,000 /- per person
Risk Covered 

Risk is covered only due to accident

In case of Death                    
Rs. 50,000 /-
Disability:      a)  Permanent    
Rs. 50,000 /-
                     b)  Partial   
Rs. 25,000 /-

    Premium Rs.15/-

The insurance charges are to be collected at the time of opening the account and on 31st August every year
Insurance Year

1st September to 31st August every year (w.e.f. 01-09-2013 to 31-08-2014)

Claim Information

The information should be given within 90 days directly to the bank branch where the account is maintained.
Claim Submission

The claim document should be submitted within 180 days from the date of accident/ death to the bank branch.
Value additions

Cheque books/ International Debit card/ 24 hour ATM facility/ Utility payments through ATMs/ Instant Fund Transfer/ Any Branch Banking.

Settlement of Claims is done by United India Insurance Company Ltd (UIICO), at their sole Discretion and Andhra Bank will only act as a facilitator. UIICO, reserves the right for Admission of claim and reject a claim in case of incomplete submission of documents Or misrepresentation of facts. 

This is not meant to be a prospectus. This is only a gist of the salient features. For further details and other conditions, contact your nearest Andhra Bank Branch.