KVB ties up with Bajaj Allianz for health card

Coimbatore , January 4, 2014:  Karur Vysya Bank has tied up with Bajaj Allianz General Insurance for the roll-out of a co-branded health card.

The formal launch of this card happened at Karur on Friday, with the Chief Executive of Karur Vysya Bank, K. Venkataraman, receiving the first card

The bank is looking to issue 25,000 health cards in three months. “And it will not be restricted to our customers, but any individual seeking a health cover,” a senior official of the bank said.

The entry age is between 18 and 65 years and children from the age of three months are eligible for cover along with parents

Bank sources told Business Line that such card holders would be able to get cashless service, including accident-related hospitalisation and death compensation benefit, at any of the 3,500-plus hospitals listed by Bajaj Allianz.

Reimbursement of claims is also possible within 14 days of submission of required documents, the source said.

Awareness campaign

This van will be stationed near the bank’s rural branches. It is equipped to provide free health check-up and will offer discount coupons on various healthcare services, including outpatient treatment, in a network of hospitals, the official said.

In the first leg, the vehicle will cover various cities/towns in Tamil Nadu, including Karur, Salem, Namakkal, Erode, Coimbatore, Tiruchi, Thanjavur, Dindigul and Madurai.Business Line