SBI life

SBI Life settles claim of martyred Indian Navy officer

Business 2 Comments on SBI Life settles claim of martyred Indian Navy officer 538

Jamshedpur: The State Bank of India chairperson Arundhati Bhattacharya today handed over a cheque of Rs. 20.91 lacs to Sri. Navin Kumar, father of late Manoranjan Kumar, the Indian Navy officer killed in a mishap aboard INS Sindhuratna on 26th February last, in a function organized at State Bank of India Jamshedpur main branch, Bistupur on 22nd March 2014.

Late Manoranjan was a customer of State Bank of India, Jamshedpur Main Branch and had availed a housing loan of Rs. 20.70 lacs on 14th June 2014.

The loan was secured by Rin Raksha policy of SBI Life. SBI Life has promptly settled the death claim, said the SBI chairperson.

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  • mdb

    another fraud or a typo — June 2014 , Misleading headline – how can sbi settle a navy claim . was he employed by sbi . sbi insurance settling it makes sense & deserves appreciation .Kudos . Loan of 20. 70 lacs how shall be collected or it will be sbi NPA, come on give right publicity.

    • News Desk

      Thanks for pointing out the error. We have changed “SBI” to “SBI Life” in the headline. This is a routine news item relating to SBI chairman’s Jamshedpur visit and is not meant to give any publicity to anyone. Thanks for pointing out the error. – Editor

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