Insurance

Bancassurance for Life Insurance Solutions.

The Bank had tied up with the Max Life Insurance, The New India Assurance Co., Ltd., and Life Insurance Corporation of India for extending life insurance solutions to the customers. The details of Insurance Companies with their credentials are given below.

Andhra Pradesh Mahesh Co-operative Urban Bank Ltd..

Andhra Pradesh Mahesh Co-operative Urban Bank ltd. is a Corporate Agent of Max Life Insurance Company Ltd. IRDAI Certificate Registration No. CA0105.For all your Life Insurance related queries, please contact our nearest Branch .For more details, kindly visit www.maxlifeinsurance.com

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS

IRDAI clarifies to public that

  • IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
  • IRDAI does not announce any bonus.
  • Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number
  • "Insurance is the subject matter of solicitation"

Corporate Office : Max Life Insurance Co. Ltd. 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram- 122002 (Haryana).

Disclaimers

Andhra Pradesh Mahesh Co-operative Urban Bank ltd.is a Corporate Agent of Max Life Insurance Company Limited. Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Mitsui Sumitomo Insurance Co. Ltd. Max Life Insurance Co. Ltd.,11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram - 122002 (Haryana).The Life Insurance Products are offered and underwritten by Max Life Insurance Co. Ltd. The Life Insurance contract is between the Proposer and Max Life Insurance Co. Ltd. Insurance is the subject matter of solicitation. Trade logos displayed belong to Max Financial Services Limited and Mitsui Sumitomo Insurance Co. Ltd. respectively and are used by Max Life Insurance Co. Ltd. under a license. The purchase of Max Life Insurance product by Andhra Pradesh Mahesh Co-operative Urban Bank Ltd customer is purely a voluntary basis, as Andhra Pradesh Mahesh Co-operative Urban Bank Ltd is not in the business of insurance and there is no link either direct or indirect between the banking services offered by the bank to its customers and use of the insurance products. Max Life Insurance Toll-free numbers 1800-200-5577

IRDAI Regn. No. 104

ARN: Max Life/AP Mahesh/Web content/ July 2017

Basic Savings

Features

No Minimum Balance, No initial deposit to open the account.

No restrictions like Age, Income Criteria for opening BSBD Account.

All provisions of KYC, AML, PML are applicable.

Passbooks are given free.

Maximum of Four withdrawals in a month including ATM withdrawals;

RuPay ATM Cum Debit Card with Accidental Insurance of Rs. 1.00 Lac free

No charges for all the above facilities

PMJDY

PMJDY

The Hon’ble Prime Minister in his Independence Day Speech on 15th August, 2014 announced a comprehensive program of Financial Inclusion targeting the large number of people who are currently deprived of even rudimentary financial services. The PradhanMantri Jan DhanYojana (PMJDY) sets out to provide a basic Bank account to every family who till now had no account.