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AMP Sanmar life cover for TMB scheme
CHENNAI: AMP Sanmar has come out with a group scheme for small savers. Developed for Tamilnad Mercantile Bank, the life insurance cover comes bundled with the bank's new RD scheme, Siranjeevee Recurring Deposit Scheme. The scheme has a life cover that equals the maturity value of the deposit, in addition to the accumulated deposit amount. An MoU in this regard was signed at Chennai by B. Natraj, Director and COO, AMP Sanmar, and S. Radhakrishnan, Chairman, TMB.
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