Nainital Bank - Home Page
  • BANK OPENED ITS 148TH BRANCH AT BHANIYAWALA, DEHRADUN ON 5TH OCTOBER, 2020. MR. DINESH PANT, CHAIRMAN & CEO INAUGURATED SAHASTRADHARA AND BHANIYAWALA BRANCHES.new

  • Bank opened its 146th Branch at Danpur, Rudrapur on 29.09.2020 and 147th Branch at Govindpuram, Ghaziabad on 30.09.2020. Mr. Dinesh Pant, Chairman & CEO of the Bank inaugurated both the branches.new

  • 98th Annual General Meeting of Nainital Bank held on 10th September,2020 through VC at Bank's Head Office, Nainital.new

  • Bank paid tribute to its founder father Bharat Ratna Pt. Govind Ballabh Pant on his 133rd birth anniversary on 10th September,2020.new

  • Notice for shareholders new

  • Bank celebrated its 99th Foundation day with great fervour and enthusiasm by organizing simple events and remembering and paying tribute to its founder fathers including Bharat Ratna Pt. Govind Ballabh Pant.new

  • Bank has opened its 145th branch at Jail Road Crossing, Haldwani on the auspicious day of Bank's 99th Foundation day. Our hon'ble Chairman & CEO Sh. Dinesh Pant inaugurated the branch.new

  • To fulfill its CSR responsibilities Bank adopted Himalayan black bear, Red Panda, Goral, Kaliji Pheasant and love bird for one year at G.B.O\Pant High Altitude Zoo at Nainital alongwith tree plantation activity on ceremonial occasion of Bank's 99th Foundation Day.new

  • IN VIEW OF COVID-19 CRISIS 'EMERGENCY CREDIT LINE GUARANTEE SCHEME' IS AVAILABLE IN OUR BANK FOR MEETING THE ADDITIONAL TERM LOAN/WORKING CAPITAL FACILITY UPTO 20% OF TOTAL OUTSTANDING AS ON FEBRUARY,29,2020 TO ELIGIBLE BUSINESS ENTERPRISES /MSMEs.new

  • Our Chairman & CEO Mr. Dinesh Pant has been elevated to TEG Grade / Scale VII in the rank of General Manager in Bank of Baroda w.e.f. 01.04.2020.new

  • Bank has launched COVID Emergency Credit Line (NCECL) loan scheme to provide liquidity support to borrowers impacted by COVID-19 pandemic.new

  • Bank has formulated Naini Kissan Credit Card (NKCC) scheme for meeting working capital requirements for animal husbandry and fisheries activities to help the farmers.new

  • Bank has also revised its SEED POLICY for credit facilities to seed processing units for FY-2020-21 wherein interest rate has been linked with CMR rating and collateral coverage.new

  • Mr. Dinesh Pant, Chairman & CEO, Nainital Bank donated his ONE month salary to "PM CARES" for COVID 19 outbreak victims.new

  • Nainital Bank is contributing Rs. 11.00 lakh (Rs. Eleven lakh only) for Chief Minister Relief Fund under CSR for COVID 19 outbreak victims. new

  • Employees of Nainital Bank contributed Rs. 14.20 lakh (Rs. Fourteen lakh twenty thousand only ) for "PM CARES" for COVID 19 outbreak victims.new

  • "Bank requires career oriented professionals as specialist officers in the category of Chartered Accounts, Credit Officers, Marketing Officers, IT Officers,Risk Officer, Planning Officer and Law officer". For details visit the Bank's website. new

  • Bank's esteemed customers are informed that the ATM withdrawal limit per Card per day reduced from Rs 40,000/- to Rs 20,000/- w.e.f. November 01,2018.

  • All esteemed customers holding magnetic cards are requested to get their cards replaced with EMV chip cards for uninterrupted card services.

149 Branches - 100% CBS/RTGS/NEFT Enable
Home > Value Added Services > Naini Life line
Naini Life line

Nainital Bank offers a Master Policy named “India First Group Term Plan Policy” with India First Life Insurance Co Ltd. The said plan has been specially designed for all the customers of the bank. India First Group Term Plan is a non participating, non-linked, yearly renewable group protection plan offered to a group of individuals having a similar interest such as account holders, depositor/ creditor groups, Government agencies, parents of school/college students, social sector groups, affinity groups, employer-employee groups etc.

Features :
Name of the scheme : NAINI LIFE LINE
Eligibility : All account holders, individual, proprietor, partners of partnership firm, Directors of a company, Trustees of Trust/society etc having any deposit or advance account, aged between 18-55years. The cover begins on completion of 18 years and ceases on attaining 55
Sum Assured : Rupees One Lac only (Rs. 1,00,000/-)
Premium payable : The rate of premium will be as under, starting from 1st January & will be charged on pro-rata basis for the first year, from the date of joining:

Age Band Premium rate including
service tax(Rs.)
18-35 years 156
36-50 years

345

51-55 years

825


The insurance cover is available only after submitting the application to the bank by the account holder and payment of initial premium & on payment of renewal premium thereafter regularly.
Declaration : The customer will have to submit a simple declaration of Good Health.
Taint Accounts : Cover will be extended to account holders individually based on individual application/ consent cum authorization letter and No Objection Certificate [NOC from co -account holder
Payment of Claim : In the event of member (whether sane or not) committing suicide within one year from the date of entry into the scheme, no claim will be payable.
In case of death, written intimation is to be given to the branch along with following documents:
  • Identity and proof of the Member's age
  • Claimant's statement
  • Copies of First Information Report, Post Mortem Report, duly attested by police officials, in case of unnatural deaths including accidents etc.
  • Hospitalization documents (mscharge summery, all investigation reports) in case the member was treated for any illness related to the cause of death
  • Original Certificate of Insurance for the member
  • Death certificate
  • Any other document or information that the insurance company may need to process the claim depending on the cause or nature of the claim.
Tax Benefit : Premium paid under the above scheme is eligible for tax benefit tinder section 80 C of Income Tax Act. Death benefits are also tax-free under section 10(10) D of the Income Tax Act,1961
 
For more detail contact to nearest Branch