As the earlier cashless GMP policy under MAFS taken from Bajaj Allianz General Insurance Company Ltd. expired on August 14, 2019, the policy has now been placed with New India Assurance company Ltd. for a further period of one year (15-8-19 to 14-8-20) on the mutually agreed terms and conditions. As there is a change…
As you may be aware that RBI has renewed GMP for OPD to RBI Pensioners by their circular dated January 1, 2019. Policy Period is – January 1, 2019 to December 31, 2019. Details of circular are given below: 1. Forwarding letter. 2. Salient features 3. TPAs names and Zones allotted 4. Relationship Managers with email…
But it has been a continuing general grievance for the past several years that whenever a new insurer is introduced for reasons best known to bank, the ID cards are not dispatched within reasonable period . It is so because at the time of changing the insurer, the bank does not impose a condition that cards are issued within one month invariably. And if not , a penalty clause must have been included in the agreed terms and conditions..
As the earlier cashless GMP policy under MAFS taken from United India Insurance Company Ltd expired on August 14, 2018, the policy has now been renewed for a further period of one year (15-8-18 to 14-8-19) with Bajaj Allianz General Insurance co. Ltd. on the mutually agreed terms and conditions. As there is a change…
This is in continuation of our earlier post dated 10th November. RBI has now issued detailed clarifications for GMP for OPD to RBI Pensioners by their circular dated January 1, 2018. Policy Period is – January 1, 2018 to December 31, 2018. As the circular consists of 16 pages, it has been divided into 9 sections, for…
1. Group Mediclaim Policy from New India Assurance Company Ltd to cover OPD expenses to pensioners of 70 years of age and above which will commence from January 1, 2018 and will be valid up to December 31, 2018 has been introduced by the Bank vide HRMD circular dated November 10,2017. 2. The policy will cover pensioners and…
As the earlier cashless Medi claim policy taken from United India Insurance Company Ltd expired on August 14, 2017, RBI has, now, renewed the policy for a further period of one year (15-8-17 to 14-8-18) with United India Insurance Co.Ltd. (UIIC) on the mutually agreed terms and conditions. There is no change in the Third Party…
The earlier cashless Medi claim policy with the private sector company – IFFCO TOKIO– expired on August 14, 2016. RBI has ,now, renewed the policy for a period of one year (15-8-16 to 14-8-17) with United India Insurance Co. Ltd.(UIIC). There is a change in the Grade-wise limit for ICU, room/bed charges, sum insured per hospitalization. There…
As alredy informed, the Bank has re-opened the membership to the scheme to enable both serving as well as retired employees who are presently not members of the MAF scheme to re-join the scheme. Such Retirees should exercise their option by July 29,2016. Applications may be made in forms (G-164) to join the scheme and in (G-…
We have come to know from the retired members of MAFS that the present Insurance company -IFFCO Tokio- with whom the GMP contract for the period 2015/16 has been renewed- has initiated restrictive practices regarding settlement of their pre-authorisation bills with Network Hospitals. Some other unauthorised practices have also been observed in cases relating to planned hospitalisation such as, Cataract…
