Andhra Bank
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Toll Free Number : 1800 425 1515

AB Insurance Linked Current Account

Individuals, JHF, Proprietary concerns, Partnership firms, Accounts of Overdraft/ Cash credit/ Pattabhi Agri Card
 Age Limit

5 to less than 70 years
  Insurance cover

Rs. 1,00,000 /- per person
  Risk Covered

Risk is covered only due to accident
In case of Death Rs. 1,00,000 /-
a) Permanent Rs. 1,00,000 /-
b) Partial Rs. 50,000 /-

Premium Rs.36/-

The insurance charges are to be collected at the time of opening the account and on 20th February every year
  Insurance Year

21st February to 20th February of the next year
  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.
  Minimum Balances to open Current Account :
Branch Located  in
Minimum Deposit (in Rupees)
Semi Urban 

The salient features   are mentioned  above.  For further  details, contact  your  nearest  Andhra Bank branch.