Extending a major relief to the affected families, J&K Bank facilitated the swift settlement of MetLoan and Life Suraksha (MLLS) insurance claims of its deceased borrowers who had their accounts in different branches of the Bank’s Udhampur Zone.
The claims worth Rs 2.34 Crores have been paid to 48 families freeing them from the severe financial crisis. The Bank’s Zonal Head (Udhampur) Rajesh Gupta and Zonal Head (Credit Life – PNB MetLife) Irfan Ali Zargar displayed the symbolic cheque of Rs 2.34 Cr – an amount that was handed over to the nomineemlegal heirs of the deceased customers – in presence of Zonal Insurance Coordinator Raghuveer Singh, Branch Heads and other officials of the Bank and PNB MetLife including Regional Manager Ravi Sharma.
Expressing satisfaction on the occasion, the claimants thanked the Bank and its Insurance partner MetLife saying, “We are thankful to the Bank for covering these loans under insurance and appreciate their support in timely settlement of the claims. We are also grateful to PNB MetLife for coming to our rescue and relieving us from the difficult burden of growing liabilities.”
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