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Control Your Finances
Finances play a pivotal role in every person’s life. HNB’s Current Accounts simplifies daily “hustle bustle” of your finances. Making payments are not only convenient through HNB cheques, but you also get rewarded for doing so. HNB current account holders are now life insured through our lifeline scheme.
Need you ask for more?
Current Account Requirements -
An account could be opened at any of our branches.
The requirement of a minimum deposit varies from branch to branch.
Lifeline Current Account
This is a scheme which offers personal current account holders free life insurance cover.
• Eligibility
Age - Between 18 & 65 years old
Minimum balance - 20,000/- continuously for 3 months in the C/A immediately preceding the contingency. (The minimum period will not apply if death or disability is caused by accident)
• Benefits payable under this scheme
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Contingencies |
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Value of benefits |
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Critical illnesses such as heart attack (Myocardial Infarction), Coronary by-pass surgery, stroke (cerebro vascular accident), cancer, renal failure and for major organ transplant Reimbursement of medical expenses |
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Rs 200,000/- |
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Personal accident - permanent total disablement i.e. loss of two limbs or loss of sight in both eyes or loss of one limb and loss of sight in one eye |
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Rs 100,000/- |
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Personal accident - partial and permanent disablement such as loss of a limb or sight in one eye |
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Rs 50,000/- |
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Death due to natural cause |
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Rs 200,000/- |
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Accidental Death |
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Rs 400,000/- |
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• Benefits payable under this scheme
Suicide and self-inflicted injuries are excluded from this insurance scheme.
Pre-existing conditions are not covered by this insurance scheme i.e. if the account holder is disabled or suffering from a terminal illness before opening the C/A, he or she is not covered under the policy.
Benefits payable under the scheme will be personal and cannot be assigned to a third party.
Insurance cover under the scheme will be terminated when the A/C holder completes the age of 65 years or when the minimum balance falls below Rs: 20,000/-
Joint A/C Holders: - Account holders will be entitled to receive the same benefits that an individual account holder will receive subject to a minimum balance of Rs: 20,000/- being maintained in the account per account holder for a continuous period of 3 months preceding the contingency. If only a minimum balance of Rs: 20,000/- has been maintained in the account, only the first claim will be entertained.
Shareline Current Account
This scheme was introduced exclusively for our shareholders in recognition of their contribution to the bank's development as the suppliers of the bank's equity capital.
This account offers a wide range of benefits which include the free issue of Travelers Cheques and Free standing orders, free documentation on loans over Rs. 1 Million
(Approx. US $18,000).
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