Dena Bank's tie up with LIC
If u guys know that Dena Bank has also joined hands with Life Insurance Corporation of India (LIC) to launch a group mortgage redemption assurance scheme for housing loan borrowers.
Christened Dena Grihaswami Suraksha Yojana, the scheme is applicable to all housing loan borrowers, including staff housing loan borrowers of Dena Bank, in the age group of 18-60.
However, the insurance cover is limited to outstanding loan subject to a maximum of Rs 1 crore.
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