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Fishermen fret over vital insurance cover with Cyclone Yaas set to strike

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Pradhan Mantri Suraksha Bima Yojana: Rs 12 To Be Deducted From Bank Account Before May 31

Pradhan Mantri Suraksha Bima Yojana: Rs 12 To Be Deducted From Bank Account Before May 31 Pradhan Mantri Suraksha Bima Yojana: Rs 12 To Be Deducted From Bank Account Before May 31 Under it, due to accidental death, the nominee gets Rs two lakh, while in case of partial disability an amount Rs one lakh is given. Due date for payment of annual premium for Pradhan Mantri Suraksha Bima Yojana is nearing All beneficiaries of Pradhan Mantri Suraksha Bima Yojana will have to be ready to pay the annual premium of Rs 12, which will soon be auto-debited from their bank accounts. The beneficiaries will be notified through SMS about the deduction of the premium amount.

Fact Check: Misleading Viral Post Claims Government Insurance Scheme May Be Availed For COVID-19 Deaths

Fact Check: Misleading Viral Post Claims Government Insurance Scheme May Be Availed for COVID-19 Deaths Maya M 28 April 2021 A message is being circulated widely on WhatsApp and other social media with a claim that the benefits under two of the prime minister s (PM s) schemes the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) can be claimed for COVID-related deaths.    The advisory post reads “If someone in close relative/friends circle has died due to Covid-19 or for any reason, ask the bank for an account statement or passbook entry from 01-04 to 31-03 of the financial year. Seeing the entry of Rs. 12/- or Rs. 330/- , mark it, Go to the bank and Claim for Insurance Rs 200000.  

BEFI seeks stress-free work environment

‘Employees facing tremendous pressure due to non-banking work’ Bank Employees Federation of India (BEFI) has demanded that bank managements put an end to non-banking business and focus on banking for the welfare of banks and their employees. Speaking in the backdrop of the death of a woman officer, BEFI State general secretary S.S. Anil said employees were working under tremendous pressure owing to non-banking work. He blamed the Reserve Bank of India (RBI) for giving silent permission to banks to undertake such work. BEFI joint secretary N. Meena said the officer who allegedly took the extreme step was not the first to do so due to work pressure. She added that several officials had opted for voluntary retirement owing to intolerable work demands.

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