IDBI Bank Launches ‘Aarogya Fixed Deposit’ Scheme Offering Health Insurance Cover of ₹15 Lakh
India: IDBI Bank today announced the launch of ‘Aarogya Fixed Deposit’ scheme, a unique fixed deposit product that combines assured returns with top-up health insurance coverage, reinforcing the Bank’s commitment to customer well-being and financial security.
Under the Aarogya Fixed Deposit scheme, customers can invest a fixed amount of ₹7.50 lakh for a tenure of 370 days and receive health insurance coverage of up to ₹15 lakh, along with fixed deposit interest. The health insurance cover is provided through Care Health Insurance, the Bank’s identified insurance partner for the product. The product is exclusively designed for resident individual customers aged between 18 years and 58 years 11 months.
Speaking on the launch, Shri Sumit Phakka, Deputy Managing Director at IDBI Bank, said, “The Aarogya Fixed Deposit scheme reflects IDBI Bank’s continued focus on innovation that puts customers first. By combining assured returns with meaningful health insurance cover, we are offering a holistic solution that addresses both financial stability and health security.”
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