Secure your family against the unexpected without breaking the bank....
Get affordable accident protection with your GIGA account
Secure your family against the unexpected without breaking the bank....
Get affordable accident protection with your GIGA account
Accidental death and disability cover for ₹20 only
Cover the essentials - life, eyesight and limb losses
Accident insurance that’s got you covered for a full year
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Get ₹2 lakh cover in case of the policyholder’s unfortunate accidental death
Get ₹2 lakh payout for total and permanent loss of both eyes or use of both hands or feet
Get ₹1 lakh support if there’s total and permanent loss of sight in one eye or use of one hand or foot
A drop-dead low annual premium of only ₹20 per year
auto-debit of premium payment straight from your Savings Account
Activate your policy by logging in via Mobile + DOB, NetBanking or GIGA Business Debit Card credentials
While purchasing, you don’t need any documentation. A saving account with the bank is all you need!
PMSBY scheme details - The scheme is a Personal Accident Insurance Scheme that keeps you covered for a year. Thereafter, just keep it renewed at the end of each year. It provides insurance benefits on death or disability caused by an accident.
Pay only ₹20 as annual premium, and you get benefits such as –
It gets deducted automatically from your Savings Account. This is made possible by the auto-debit instruction you give at the time of enrolment.
Rest assured, it is handled by the best in the business. This scheme is offered/administered through Public Sector General Insurance Companies (PSGICs) and other General Insurance companies. They offer it in collaboration with participating banks. As GIGA account holders of HDFC Bank, you will enjoy coverage of the scheme through HDFC Ergo General Insurance Co Ltd.
For starters, you must be a Savings Account holder with the participating bank, such as HDFC Bank. Then, if you are between the ages of 18 and 70 years, you are eligible to join. If you have multiple Savings Accounts in one or different banks, you would be eligible to join the scheme through any one of the accounts only.
Individuals who exit the scheme at any point may rejoin the scheme in future years subject to meeting age eligibility criteria.
Participating banks themselves are the master policyholders. So, in your case, it is HDFC Bank.
Your SBY policy gets terminated when any of the following events occur:
Yes. You can opt for this scheme in addition to any other existing insurance scheme active in your name.