RBI has recently made a significant modification to the Master circular Para 12.1 Master Circular modified: As per para 12.1 the dispensary facility such as free treatment and issue of drugs on credit slips as per norms is accessible only… Continue Reading →
Group Mediclaim Policy-OPD policy for all pensioners aged 60 years and above for the period April 01, 2024, to March 31, 2025, has been placed with New India Assurance Company Limited. There are changes in the policy as under: Group Mediclaim Policy… Continue Reading →
Overall, the recent improvements in updating retirees’ Pension and Family Pension, and the changes in GMP reflect RBI’s commitment to enhancing the well-being of its retired employees.
There is an increase in bed charges and ICU charges
After the expiry of the earlier cashless GMP policy under(MAFS) on August 14, 2023, RBI has extended the policy with the New India Assurance Co. Ltd. for the period up to 31.12.23 on the same terms and conditions.The new policy… Continue Reading →
PPN stands for Preferred Provider Network /Preferred Partner Network.
It means a Network of hospitals in India which have agreed to cashless package pricing for the insured. Every hospital that has a tie-up with the insurance company maintains three different rates for the same treatment.
GMP policy for OPD expenses-renewal Group Mediclaim Policy for OPD to Pensioners for the period April 01, 2023, to March 31, 2024 has been placed with New India Assurance Co. Ltd.–Bank’s letter Salient features The salient features of the policy… Continue Reading →
After the expiry of the earlier cashless GMP policy under MAFS on August 14, 2022, RBI has placed the policy with the New India Assurance Co. Ltd. for the period of one year (15-8-22 to 14-8-23) on the mutually agreed… Continue Reading →
Group Mediclaim Policy for OPD to Pensioners for the period April 01, 2022, to March 31, 2023 has been placed with New India Assurance Co. Ltd.The salient features of the policy are given in Annex I. OPD expenses incurred by… Continue Reading →
To cover OPD expenses of pensioners of age 70+, Bank has decided to extend the GMP-OPD policy with M/s New India Assurance Co. Ltd. for three months from January 01, 2022 to March 31, 2022. The terms and conditions /… Continue Reading →
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