Srinagar– J&K Bank has facilitated the swift settlement of insurance claims amounting to Rs 2.02 crore under its MetLoan & Life Suraksha (MLLS) scheme, providing financial relief to 38 bereaved families in the Kathua Zone.
The claims, linked to deceased borrowers, were settled across various branches, helping ease the financial burden on affected families during difficult circumstances. A symbolic cheque representing the total claim amount was displayed by Zonal Head Kathua Suresh Kumar Chowdhary along with PNB MetLife’s Associate Director and Head Irfan Ali Zargar, in the presence of senior bank officials and representatives of the insurance company.
The beneficiaries expressed gratitude to the Bank and PNB MetLife for the timely and seamless settlement of claims. Bank officials highlighted the importance of loan-linked insurance in protecting families from unforeseen financial liabilities, while PNB MetLife reiterated its commitment to honoring policyholder trust through prompt claim settlements.
The initiative reflects J&K Bank’s customer-focused approach and its emphasis on providing financial security through insurance partnerships.