Our Bureau

NEW DELHI: Punjab National Bank (PNB) has entered into a tie-up with New India Assurance Co Ltd to extend free of cost personal accident insurance cover to its retail lending customers.

The cover would be of a maximum of Rs 2 lakh and would include accidental death. The cost of the cover will be borne by the bank.

Speaking on the occasion of the signing ceremony for the memorandum of understanding, the PNB Chairman and Managing Director, Mr S.C. Gupta, said the agreement would provide value addition to its customers.

(This article was published in the Business Line print edition dated October 6, 2005)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.