NRI Banking

NRI BANKING

Insure your Relatives
You work hard abroad and give the best to your family back home. The General Insurance has brought you a comprehensive Insurance Policy. Comprehensive medical cover takes care of your expenses in the event of sudden illness, advanced treatment covers expenses incurred on technologically advanced surgeries and procedures. Reimbursement of return airfare: bank will reimburse the return air ticket of the NRI in case he is required to visit his dependent in India due to hospitalisation. Bank will pay for the expenses up to three days at a rate of Rs 500 per day, free health check up. Offers a two-year coverage with automatic renewal after the first year, cashless benefit. Minimum age of insured should be three months and maximum age should be 70 years.

Student Medical Insurance - for stay abroad during studies
A comprehensive cover, which insures you against unfortunate incidents or unexpected expenses abroad and provides timely assistance and support when you need it the most.. Accepted by most foreign universities as a substitute for their compulsory insurance, medical out-patient expenses covered, no pre-medical check-up required 12-plan options, tailor-made plans to meet varied student needs, buy the policy in rupees, which is 1/3 the cost of buying abroad. Medical Expenses $50,000 to $250,000 incurred because of illness or accident including medically necessary and prescribed emergency evacuation. It covers outpatient, in-patient, medical aid, therapies and diagnostic tests. Dental treatment $250, checked baggage loss $1,000, personal accident $25,000, personal liability $100,000, bail bond $5,000. If arrested or detained by police or judicial authorities of the place, for any bailable offence whilst abroad, study interruption $7,500, sponsor protection $10,000 etc.

Foreign Currency Non Resident (FCNR) Deposit
FCNR deposit of these five leading international currencies, US dollars, pound sterling, euros, Australian dollars and Canadian dollars. Earn attractive interest rates in the foreign currency of your choice. A wide range of deposit tenures to choose from—12 months to 36 months. Avail of a rupee overdraft of up to 90% of your FCNR deposit value held in units of 1,000 so you can withdraw easily without breaking the complete deposit, automatic renewal on maturity, open the deposit jointly with any other non resident Indian (NRI), nomination facility available.


Overseas Travel Insurance - for parents and other family members visiting you abroad
This plan is for senior citizens between 71 and 85 years. Now avail senior citizen plan instantly with no medical check up with a claim benefit of $15,000 per illness or injury. Medical Cover-$25,000 to $50,000. This covers medical costs due to illnesses or accidents, including outpatient and inpatient medical expenses, medical aid, therapies and diagnostic test. It also covers cost of medical evacuation to India. You avail a claim benefit of $15,000 per illness or injury. Personal accident compensation $2,500. A compensation given in case of death or permanent total disability. Passport Loss $200.

Home Insurance - for house property in India
Insure your home and its contents against natural calamities like fire, earthquake, flood, gas cylinder explosion, and fire due to electric short circuit as well as man-made disaster like burglary. The structure cover protects your home structure against any damage by the perils covered by paying for the repair/remake of your home structure. 25% discount on a 5-year cover, 15% on a 3-year cover. In case of a huge claim, you can avail advance payment before the final claim is settled. Financial institutions prefer to provide home loans to people who have home insurance.



These schemes are provided by several MNC and Indian banks. For details, and for contacting relevant officers please write to 
sales@indiaempire.com
info@indiaempire.com or 
call 91.11.2923.1515 (10 AM-6 PM) Monday through Friday