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Canara Bank Settles Rs 24.72L Insurance Claim
The New Indian Express Shivamogga
|September 12, 2025
CANARA Bank has credited Rs 24.72 lakh to a borrower's home loan account under the Canara Kavach insurance policy from Canara HSBC Life Insurance, following the borrower's death.
The deceased, Prashanth Shetty, had availed himself of a home loan from the bank and had purchased the policy by paying a one-time premium of Rs 94,518.
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