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What is Jeevan Pramaan or Digital Life Certificate?

Monday, August 12, 2019, 11:59 AM

The jeevan pramaan certificate is the proof that pensioners must submit to the relevant and authorized pension distributing agency(bank or post office) once a year, to certify the pensioner is alive. Providing the jeevan pramaan certificate, helps the pensioner receive the pension to the savings bank account. Previously, the pensioner needed to be present before the pension disbursing agency to obtain the life certificate.
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What is Co-Pay in a Health Insurance Policy?

Friday, July 12, 2019, 5:32 PM

Co-pay refers to the part of the claim amount in an insurance policy which is borne by the insured out of pocket. It is generally provided in a percentage term and is applicable on the claim amount in General Insurance Policies. It may range from 10% to 50% in health policies.
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What is a Two-Wheeler Loan?

Friday, June 28, 2019, 11:54 AM

Banks offer loans to salaried and self-employed to fund the purchase of two-wheelers. Two-wheeler loans are disbursed really fast and require minimal documentation. Two-wheeler loans can be availed to purchase a scooter, motorbike or even luxury bikes. The banks fund up to 100% of the cost of the vehicle and these loans come with minimum income requirements.

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