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Corporation Bank settles total 1,148 claims under social security schemes of Govt

Corporation Bank settles total 1,148 claims under social security schemes of Govt

Corporation Bank has settled a total of 1,148 claims under the two social security schemes of the government during 2018-19 and up to May of the current fiscal. The bank settled 776 claims under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) in 2018-19, and 123 claims up to May of the current financial year. Further, the bank settled 211 claims under Pradhan Mantri Suraksha Bima Yojana (PMSBY) during 2018-19, and 38 claims up to May of 2019-20.

Corporation Bank is a Mangalore-based mid-sized public sector bank which was established in 1906

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