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Government extends RuPay Card usage condition to 90 days for a claim under an inbuilt accident insurance cover in case of RuPay Classic cardholders with effect from 25th November 2015; As on 20.11.2015, out of 697 claims lodged under Accidental Insurance under RuPay Debit Card in Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts, 644 claims have been disposed-off.

Dated:- 26-11-2015 - Pradhan Mantri Jan Dhan Yojana (PMJDY) - a National Mission on Financial Inclusion was announced by the Prime Minister Shri Narendra Modi in his Independence Day Speech 2014 with the main objective of covering all households with .....

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so provided to account holders. One of the stipulation of meeting the claim under Accidental Death and / or Permanent Disablement was that the RuPay Card holder has to carry-out at least one successful financial or non-financial transactions at a Mer .....

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ed to increase this condition of 45 days. The issue was taken-up by the Government with National Payment Corporation of India (NPCI), who operate the scheme of RuPay Debit Cards. National Payment Corporation of India (NPCI) has extended 45 days usage .....

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