NKGS Cooperative Bank
Home Site Map Contact Us
Vision & operating principles Profile Chairmans Desk Share Holder's Corner Welfare Fund Scheme 'go green' Mandate Board of Directors Key Personnel Annual Report

Branch Locator
Call NKGS Bank
Home - About us - Share Holders Corner - Welfare Fund Scheme

Welfare Fund Scheme

Bank offers Member’s Welfare Scheme, only for the benefit of shareholders and their spouse.

Reimbursement of Medical / Hospitalization Expenses
Reimbursement of Medical Check up
Felicitation of Meritorious Wards of Members
Reimbursement of Medical / Hospitalization Expenses

Reimbursement of hospital & medical expenses incurred due to protracted illness
(viz. T. B., Paralysis, Mental disease, Brain Tumor etc).

  Major accidents or surgical operations as under:
  Angiography Rs.5,000/-
  Angioplasty Rs.15,000/-
  Bypass surgery, Cancer, Kidney transplant/brain/spinal surgery Rs.20,000/-
  Eye / Brain surgeries / major accident / operation Rs.5,000/-
  In cases other than A, B C & D above, reimbursement is (whichever is lower) of
    1) 50% of the expenses incured of which original bills are submitted OR
    2) 50% of difference between amount claimed and settled by employer OR
    3) Rs.15,000/- per member
  Original bills of approved medical hospitals/institutions of Public and Charitable Trust

In case of category E (ii) above, copy of certificate of reimbursements and bills paid by employer

  Shareholders above 50 years of age
  Shareholders for minimum 5 years with minimum shareholding of 50 shares.
  Reimbursement will be made once in two years.
  Shareholder should not be a defaulter as borrower / guarantor while applying for the said scheme.
  Click here to download application form


For further assistance contact - (022) 67545038 or, send mail to sec@nkgsb-bank.com
  * Conditions Apply
Home | Grievance Redressal | Customer Care | Service Charges | Newsroom | Tender & Opportunity | Terms & Conditions | Site Map