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SBI DEATH CLAIMS
The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...- SBI paid extra pension by mistake, then recovered it; court orders Rs 3.6 lakh refund with interestA Delhi widow, solely reliant on her family pension, has been granted relief by the High Court after the State Bank of India made erroneous...
- SBI must pay Rs 5 lakh to woman despite 6-year delay in claim: Nagpur consumer panelA Nagpur consumer commission directed SBI to pay Rs 5 lakh to a widow. The payment is for an insurance claim filed six years late. The comm...
- Revised SBI deceased claim settlement guidelines: How to apply online, eligibility & documentsDeath claim settlement: SBI has issued revised guidelines to provide a harmonised framework and to standardise the documentation for the se...
- SBI ordered to release deceased depositor's FD, compensate son in KeralaThe Ernakulam Consumer Commission ordered SBI to repay a deceased depositor's Fixed Deposit and compensate his son. SBI had refused the cla...
- These SBI death claims can be settled in home branch onlyState Bank of India simplifies death claim settlements. Nominees can file online for savings accounts and fixed deposits. Visit the Decease...
- SBI Life Insurance fined Rs 1 crore for regulatory violations; Irdai asks insurer to adhere to rules to settle death claimsSBI Life Insurance has been fined Rs 1 crore by the Insurance Regulatory and Development Authority of India (Irdai) for violating regulatio...
- Latest claim settlement ratio of life insurance companies in India released in 2024Claim settlement ratio is one of the crucial metrics that give you a rough sense of how the insurance company honours the policyholders' cl...
- After death of home loan borrower, husband fights for 13 years for life insurance claim against SBI Life Insurance and winsState Bank of India (SBI) Life Insurance was ordered to pay the full amount of insurance claim to settle the housing loan taken by the dece...
- Odisha Train Accident: EPFO relaxes norms for EDLI, pension claim, suggests alternatives to death certificateThe competent authority has decided to relax the necessity of a death certificate for EDLI and pension claims relating to deceased members ...
- Irdai instructs insurers to ease, expedite claims settlement for victims of Odisha train accidentInsurance companies must abide by rules set forth by the Insurance Regulatory and Development Authority of India (Irdai) when resolving ins...
- How to claim money after death of SBI account holderHere is a look at the process of filing a claim with SBI after the death of an account holder. Before filing the death claim with the SBI, ...
- These SBI customers can avail up to Rs 2 lakh free insurance benefit: Check details hereTo get the accidental insurance benefit, the nominee will have to fill a claim form and attach the death certificate the person for whom th...
- SBI Life profit falls 43% in Q1SBI Life has reported a 42.9% year-on-year (YoY) drop in its June quarter (Q1) profit to ₹223.16 crore largely on the back of provisions ma...
- Life insurance see 5-10x surge in Covid claims in AprilThe second wave of Covid has pushed up claims for life insurance companies by 5-10 times for April 2021.
- Will life, general insurance stocks survive surge in Covid-19 death claims and taxes?Life insurers paid out covid-related claims worth Rs 1,986 crore in 2020-21. In 2019-20—a normal year—aggregate death claims paid by life i...
- Dena Bank ties up with SBI Life for Group Life InsuranceDena Bank today said it has tied up with SBI Life Insurance Company to provide Group Life Insurance coverage to its housing loan borrowers ...
- Insurers, including SBI Life and PNB Metlife set up helplines for J&K flood victimsInsurers, including SBI Life and PNB Metlife, have set up helpline numbers for J&K flood victims so as to enable easy settlement of death c...
- SBI to discontinue free accident cover for loan customersCountry's largest bank SBI will discontinue a free accident insurance cover given to its home and car loan customers from July this year.
- IRDA imposes fine of Rs 10 lakh on SBI LifeThe IRDA has imposed a fine of Rs 10 lakh on leading life insurer SBI Life for deviating from the offer document in one of its schemes.
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