Terms and Conditions

• Accidental Death resulting from bodily injury due accident only
• Accidental Death resulting from bodily injury which directly and independently of all other causes results in Death within twelve (12) months of the event date
• On the event date, the account holder
  • Is a bonafide employees (aged less than 70 years ) of the organization to whom the specific offer has been extended
  • Is holding a Salary Account under the Corporate Salary Account Program with HDFC Bank and has received salary credit in the month or month prior
  • Should have carried out at least one purchase transaction using the Debit Card, within 6 months prior to the date of loss.
  • In case of Air Accidental Death claim ticket should have been purchased using Debit Card linked to Salary Account
• Cover provided only to the primary account holder

• Accidental Death resulting from bodily injury due accident only
• Accidental Death resulting from bodily injury which directly and independently of all other causes results in Death within twelve (12) months of the event date
• On the event date, the account holder
  • Is aged less than 70 years
  • Is holding a Salary Family Account by virtue of his/her relationship with the salary account holder and such salary account is a zero balance account and has received salary credit in the month or month prior
  • Should have carried out at least one purchase transaction using the debit card, within 6 months prior to the date of loss
  • In case of Air Accidental Death claim ticket should have been purchased using Debit Card linked to Salary Family Account
• Cover provided only to the primary account holder

• In the event of death of the account holder, the beneficiary to approach the account branch, and the branch would guide the customer on the documents required.
• On the receipt of these documents by the branch, as special gesture for our salary account holders, HDFC bank would liaise with the insurance company for processing the claim. However, receipt of the documents by the branch does not construe acceptance of claim. In the event of death, the beneficiary has to inform the account branch immediately. As per policy the insurance company needs to be informed (through the bank) within 30 days of accident and all supporting documents relating to the claim needs to be submitted to the insurance company within sixty (60) days from the date of loss.

• The account holder specifically acknowledges that the Bank will not be liable in any manner whatsoever by virtue of any insurance cover provided, and that the insurance company will be solely liable, in case of a death of a Cardholder and shall not hold the Bank responsible for any matter arising out of or in connection with such insurance cover, whether for or in respect of any deficiency or defect in such insurance cover, recovery or payment of compensation, processing or settlement of claims or otherwise howsoever, and all such matters shall be addressed to and sorted out directly with the Insurance company.
• The account holder further acknowledges that the insurance cover so provided will be available to the salary accounts only as per the terms of the relevant insurance policy in force, with his account maintained in good standing. On the account being closed or converted to savings regular account temporarily or permanently for whatever reason, the benefit of such insurance cover shall automatically and ipso facto cease to be available from such date of cesser of account. Further the account holder also agrees that even during continuation of his account, the Bank may at any time suspend, withdraw or cancel the benefit of such insurance cover, and there will no binding obligation on the Bank to continue this benefit.
• Insurance company can be subject to change and insurance cover is subject to the terms and conditions of the policy in force

• Photo ID proof as per the bank’s acceptable list of documents.
• Address proof as per the bank’s acceptable list of documents.

• The total balance in the BSDBA Small account should not exceed Rs. 50,000 at any point of time 
  OR
• The total credits in the BSDBA Small account should not exceed Rs. 1,00,000 at any point of time 
  OR
• The total withdrawals and transfers in the BSDBA Small account should not exceed Rs. 10,000 in a month

• An evidence of having applied for valid KYC (as per the acceptable list of KYC specified for BSBDA Small Accounts) within 12 months of account opening
• The following documents will be treated as evidence for having applied for a valid KYC within 12 months of account opening: 
  
  

  BSBDA Small Account – Acceptable list of documents accepted towards proof of having applied for valid KYC
  Documents to be established for proof of identity
  KYC Document	Document to be accepted as evidence
  Passport [ not expired]	Copy of application form by Ministry of External affairs - Govt.
  PAN card	Copy of Form 49A
  Election/Voter’s card	Copy of Form 6
  Driving Licensce - Permenant (except	Copy of application form by RTO
  Aadhaar card / letter issued by Government of India	Aadhaar Acknowledgement letter issued by UIDAI (Unique Identiifcation Authority of India)
  NREGA card.	Copy of application form by NREGA
  Documents to be established for proof of Address
  KYC Document	Document to be accepted as evidence
  Passport [ not expired]	Copy of application form by Ministry of External affairs - Govt. of India
  Driving license - Permanent(except issued by the Govt of Maharashtra).	Copy of application form by RTO
  Ration card	Copy of application form / Acknowledgement slip
  Election card / Voters ID [if it has address].	Copy of Form 6
  Aadhaar card / letter issued by Government of India.	Aadhaar Acknowledgement letter issued by UIDAI (Unique Identiifcation Authority of India)
  NREGA card.	Copy of application form by NREGA
  Senior citizens card issued by the State /Central Govt. of India (if it has address).	Copy of application form / Acknowledgement slip issued by the State /Central Govt. of India
  Domicile certificate with communication address issued by Municipal Corporation.	Copy of application form / Acknowledgement slip issued by Municipal Corporation

• Actual KYC (ID proof, Address proof and Photograph) as per the Bank's acceptable list of KYC within 24 months of account opening

1. This cover is extended only to the first holder of the Senior Citizens Account.
2. This is a Reimbursement cover valid only in India.
3. If the cardholder is hospitalized for a minimum period of 24 hrs on the advice of a doctor because of accidental bodily injury sustained during the policy period, than the insurance company will reimburse, reasonable and customary medical expenses incurred upto a maximum sum insured.
4. This includes the reasonable charges incurred on the advice of a doctor as an inpatient in a hospital for accommodation, nursing care, the attention of medically qualified staff, undergoing medically necessary procedures and medical consumables.
5. For the claim to be accepted & processed, the cardholder should have carried out at least 1 purchase (point of sale) transaction at a merchant establishment using the Debit Card, in the previous 6 months before the accident. A purchase transaction performed before the date of hospitalization - in the same month (as the month of the accident) will also be valid.
6. This cover is applicable for resident individuals only. It will not be applicable to Non-individual entities.

1. It provides cash benefit for each completed day of hospitalisation, payable once a year @Rs.500 per day for a maximum of 15 days per year. 'Day' for this purpose shall be every completed (24 hours) of hospitalisation.

1. In the event of accidental hospitalisation of the cardholder, the claimant / claimant's representative to approach the account branch, and the branch would guide the customer on the documents required. On the receipt of these documents by the branch, as special gesture for our debit card holders, HDFC bank would liaise with the insurance company for processing the claim. However, receipt of the documents by the branch does not construe acceptance of claim. In the event of accidental hospitalisation, the claimant has to inform the account branch immediately. As per policy the insurance company needs to be informed ( through the bank) within 30 days of accident.

1. Insurance is the subject matter of solicitation and HDFC Bank is not responsible for any compensation or processing of claims or for any reason whatsoever.

• This cover is extended only to the first holder of the SavingsMax account.
• It would be applicable after the completion of the 1st calendar quarter, post the quarter of account opening.
• This is a Reimbursement cover valid only in India.
• If the first holder of the SavingsMax account is hospitalized for a minimum period of 24 hrs on the advice of a doctor because of accidental bodily injury sustained during the policy period, then the insurance company will reimburse, reasonable and customary medical expenses incurred upto a maximum sum of Rs. 1,00,000/-.
• This includes the reasonable charges incurred on the advice of a doctor as an in-patient in a hospital for accommodation, nursing care, the attention of medically qualified staff, undergoing medically necessary procedures and medical consumables.
• For the claim to be accepted & processed, the first holder of the SavingsMax account should have fulfilled the below 2 conditions -
  • Maintained an Average Quarterly Balance of Rs. 25,000 (irrespective of enjoying the benefit of a zero balance account with a Fixed Deposit of minimum Rs. 1,00,000/-), in the calendar quarter previous to the quarter of the date of accident
  • Should have done at least 1 purchase - point of sale (POS) transaction at a merchant establishment using the Debit Card in the previous 3 months before the date of accident
• Accidental hospitalisation reimbursement cover will be payable by the insurance company till the sum insured of Rs. 1,00,000/- is exhausted under one policy period of the bank with the insurance company, which is subject to renewal annually.
• The accident will be covered only if it requires hospitalisation of more than 24 hrs.
• This cover is applicable for resident individuals only. It will not be applicable to Non-Individual entities.

• It provides cash benefits for each completed day of hospitalisation & can be claimed if the customer is hospitalized due to an accident for more than 24 hrs. This is meant to cover expenses for which bills cannot be produced
• It is limited to Rs. 1,000/- per day for a maximum of 15 days per year, per person. 'Day' for this purpose shall be every completed (24 hours) of hospitalisation.
• Accidental hospital cash will be payable by the insurance company till 15 days are exhausted under one policy period of the bank with the insurance company, only in the situation where claim under Accidental hospitalisation has been accepted.

• In the event of Accidental hospitalisation of the first holder of the SavingsMax account, the claimant/claimant's representative to approach the account branch, and the branch would guide the customer on the documents required. On the receipt of these documents by the branch, as a special gesture for our SavingsMax account holders, HDFC Bank would liaise with the insurance company for processing the claim. However receipt of documents by the branch does not construe acceptance of claim. In the event of Accidental hospitalisation, the claimant has to inform the account branch immediately. As per policy the insurance company needs to be informed (through the bank) within 30 days of the accident.

• Insurance is the subject matter of solicitation and HDFC Bank is not responsible for any compensation or processing of claims or for any reason whatsoever
• Claims will be subject to the exclusions mentioned in the policy document

• The insurance cover is restricted to death by vehicular accidents (Rail/Road/Air)
• This cover is extended only to the first holder of the SavingsMax account
• For claim to be processed, primary account holder should have done atleast 1 purchase- Point of Sale transaction at a merchant establishment using the Debit Card in the previous 3 months before the date of death. A purchase transaction performed before the date of death in the same month will also be valid

• In the event of accidental death of the account holder, the claimant / claimant's representative to approach the account branch, and the branch would guide the customer on the documents required
• On the receipt of these documents by the branch, as special gesture, HDFC bank would liaise with the insurance company for processing the claim
• However, receipt of the documents by the branch does not construe acceptance of claim
• In the event of accidental hospitalisation/death, the claimant has to inform the account branch immediately
• All supporting documents relating to claim must be submitted to the company within sixty (60) days from the date of loss and the claim should be within thirty (30) days from the date of Loss
• Claims will be subject to the exclusions mentioned in the policy document

• This cover is extended only to the first holder of the Women's Savings account
• For the claim to be accepted & processed, the first holder of the Women's Savings account should have done at least 1 purchase - point of sale (POS) transaction at a merchant establishment, using the Debit Card, in the previous 6 months before the date of accident. A purchase transaction performed before date of death in the same month will also be valid.

• This cover is extended only to the first holder of the Women's Savings account
• This is a reimbursement cover, valid only in India
• If the first holder of the Women's Savings account is hospitalized for a minimum period of 24 hours on the advice of a doctor because of accidental bodily injury sustained during the policy period, then the insurance company will reimburse, reasonable and customary medical expenses incurred upto a maximum sum of Rs. 1,00,000/-
• This includes the reasonable charges incurred on the advice of a doctor as an in-patient in a hospital for accommodation, nursing care, the attention of medically qualified staff, undergoing medically necessary procedures and medical consumables.
• For the claim to be accepted & processed, the first holder of the Women's Savings account should have done at least 1 purchase - point of sale (POS) transaction at a merchant establishment, using the Debit Card, in the previous 6 months before the date of accident. A purchase transaction performed before date of hospitalization in the same month as the month of accident will also be valid.
• Accidental hospitalization reimbursement cover will be payable by the insurance company till the sum insured of Rs. 1,00,000/- is exhausted under one policy period of the bank with the insurance company, which is subject to renewal annually
• The accident will be covered only if it requires hospitalization of more than 24 hours
• This cover is applicable for resident individuals only. It will not be applicable to Non-Individual entities.
• The age limit for the policy is 18 years - 70 years.

• The policy provides cash benefits for each completed day of hospitalization & can be claimed if the customer is hospitalised due to an accident for more than 24 hours. This is meant to cover expenses for which bills cannot be produced.
• It is limited to Rs. 1,000/- per day for a maximum of 10 days per year, per person. ‘Day’ for this purpose shall be every completed (24 hours) of hospitalization
• Accidental hospital cash will be payable by the insurance company till 10 days are exhausted under one policy period of the bank with the insurance company, only in the situation where claim under Accidental Hospitalization has been accepted
• The cash benefit will be payable maximum once a year only

• In the event of accidental hospitalisation / death of the account holder, the claimant / claimant's representative to approach the account branch, and the branch would guide the customer on the documents required
• On the receipt of these documents by the branch, as special gesture for our Women's Savings Account holders, HDFC bank would liaise with the insurance company for processing the claim
• However, receipt of the documents by the branch does not construe acceptance of claim
• In the event of accidental hospitalisation/death, the claimant has to inform the account branch immediately
• As per policy the insurance company needs to be informed (through the bank) within 30 days of accident

• Insurance is the subject matter of solicitation and HDFC Bank is not responsible for any compensation or processing of claims for any reason whatsoever
• Claims will be subject to the exclusions mentioned in the policy document
• Receipt of documents by the branch does not construe acceptance of claim

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