Bank of India Settles Insurance Claim in Three Days, Hands Over ₹3.30 Lakh
Manifit Branch Manager Presents Check to Deceased Customer’s Nominee
Key Points:
- Bank processes claim on fast track within 72 hours
- Nominee had invested ₹94,000 over three-year period
- Insurance partner’s Territory Manager attends handover ceremony
JAMSHEDPUR – Bank of India’s Manifit branch delivered a ₹3.30 lakh insurance settlement to Naresh Kumar Rajak, completing the process in three days.
Branch Manager Neha Kumari presented the check. The nominee had invested ₹94,000 previously.
Meanwhile, Star Union Dai Chi representative attended. Territory Manager Rambha Kumari witnessed the handover.
Claim Processing
The bank expedited the settlement process. Officials ensured minimal waiting period.
Moreover, the branch shared banking information. Customers learned about various schemes.
Customer Service
The quick settlement demonstrated efficiency. Similar processes usually take longer periods.
Furthermore, the bank prioritizes customer convenience. Fast-track settlements benefit grieving families.
“We aim for prompt claim settlements,” noted a bank official. The branch maintains high service standards.

