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 | | Link to: Saubhagya MicroCredit |
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| Hawker Insurance |
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| Hawker Insurance |
| Also known as 'Aam Aadmi Bima Yojana' |
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| Purpose:- |
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| Hawker Insurance is a direct tie up between Union Bank of India and Life Insurance Corporation of India. This insurance provides life and accident cover to customers, who work as a hawker. |
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| Eligibility:- |
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| The insured person should be an existing or new customer of Union Bank of India and he or she must be working as a hawker. The age criterion for getting insured is from18-59 years. |
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| Quantum of loan:- |
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| The maximum sum assured is Rs. 50,000. |
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| Premium:- |
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| The Premium is Rs. 4/- per thousand sum assured per year up-to maximum premium of Rs.200/- per customer per year. |
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| 1. Is it only a life insurance scheme? |
| This scheme is not only pertaining to life insurance, there is benefit of insurance in case of accident too which depends on the degree of loss to the customer. |
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| Product Testimonial |
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| Quick Links |
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 | | Link to: Union White Card |
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