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BIMA ACCOUNT I
58% surges in Insurance Ombudsman cases: 4 reforms to fix the backlog before it breaksThe Insurance Ombudsman serves as a guardian of trust for the industry and has resolved thousands of disputes for policyholders. But a grow...
Unclaimed deposits with banks stand at Rs 67,003 cr, SBI and ICICI top list: Govt in ParliamentUnclaimed deposits in Indian banks reached Rs 67,003 crore by June 2025, with public sector banks holding the majority. The RBI launched th...
Leaderless and lagging: India's insurance overhaul stalls without Irdai head since MarchIndia's insurance sector faces stagnation. Major reforms are delayed after the Irdai chairman's departure. Initiatives like Bima Sugam, Vis...
Get monthly allowance of Rs 5,000 under PM Internship Scheme (PMIS): What is the last date to enroll, how to applyPM Internship Scheme: The PM Internship Scheme provides an opportunity to gain knowledge and enhance skills by collaborating with leading c...
Private sector banks need to catch up on financial inclusion drive: Financial Services SecretarySpeaking at the 20th Global Inclusive Finance Summit, Financial Services Secretary Vivek Joshi also asked banks and financial institutions ...
SBI customers can use only Aadhaar to enrol in Atal Pension Yojana, other social security schemesState Bank of India (SBI) customers can now enrol in various social security schemes using only Aadhaar. They need not carry their passbook...
Irdai fine-tuning Bima Sugam, likely to miss August launch dateBima Sugam once launched will serve as an online insurance marketplace, similar to an e-commerce platform, where insurers have the opportun...
Latest post office savings account interest rateThe government hiked interest rates on only a few small savings programmes by up to 30 basis points for the October-December 2022 quarter. ...
Are PMJJBY policyholders eligible for discounted LIC IPO shares?All policies other than group policies qualify for Bidding in the Policyholder Reservation Portion. The total number of reservations for el...
BimaPe raises $545,000 in funding led by Lightspeed India Partners, Titan Capital, othersIn seven months since launching its beta product, BimaPe has boarded over 12,000 users without any paid marketing.
Govt to seek NABARD's help for procuring farm produce in J&K: Nirmala Sitharaman"Now I'm ensuring that I will take the chairman of NABARD to J&K even if it's winter now because I want ... the next crop of saffron, peach...
Social security cover extended to 50 crore people: PM Narendra ModiThe social security schemes of the Government of India help cope with the uncertainties of life, PM Modi said.
APY subscribers to touch 1 crore by March 2018: Finance MinistryGiven the huge population, Financial Services Secretary Rajiv Kumar said, there is a long way to go as the pension coverage is very low in ...
Social security schemes are more popular in urban than rural areasSurprisingly, nearly 50 per cent of the subscribers of Atal Pension Yojana and Pradhan Mantri Jeevan Jyoti Bima Yojana are from urban areas.
Social security schemes are historic step: Union HRD Minister Smriti IraniTelangana BJP president and MLA G Kishan Reddy, BJP floor leader in the Legislative Assembly K Laxman, several other MLAs and officials wer...
Maharashtra launches insurance schemes to support social security systemsPM Modi will be launching three schemes -PMSBY, Pradhan Mantri Jeevan Jyoti Bima Yojana and the Atal Pension Yojana (APY).
Budget 2015: Arun Jaitley proposes universal social security system, pension schemesArun Jaitley announced at least half-dozen social security schemes that will lead to a universal social security system for all, especially...
Budget 2015 proposes schemes to widen social security netThe Finance Minister said there are unclaimed deposits of about Rs 3,000 crore in the PPF, and approximately Rs 6,000 crore in the EPF corp...
- Life Insurance Corp's Bima Account I & II
LIC has recently launched two products under the new variable insurance regime. Often, insurance companies position these products as hybri...
- LIC launches two non linked plans
Life Insurance Corporation today said it has launched two new non linked plans -- Bima Account I and Bima Account II.