This document is a policy schedule for a stand-alone own damage vehicle insurance policy issued to Mr. Mushtaq Ahmed of Jammu, Jammu & Kashmir. It provides insurance coverage from January 1, 2023 to December 31, 2023 for his 2020 Maruti Baleno registered in Jammu. The insured declared value of the vehicle is Rs. 495,857. The total premium due is Rs. 15,729 which will be paid by auto debit from his HSBC bank account. The policy covers own damage but no other liability and is subject to terms regarding use of the vehicle, drivers covered, deductibles, and no claim bonus eligibility.
This document is a policy schedule for a stand-alone own damage vehicle insurance policy issued to Mr. Mushtaq Ahmed of Jammu, Jammu & Kashmir. It provides insurance coverage from January 1, 2023 to December 31, 2023 for his 2020 Maruti Baleno registered in Jammu. The insured declared value of the vehicle is Rs. 495,857. The total premium due is Rs. 15,729 which will be paid by auto debit from his HSBC bank account. The policy covers own damage but no other liability and is subject to terms regarding use of the vehicle, drivers covered, deductibles, and no claim bonus eligibility.
This document is a policy schedule for a stand-alone own damage vehicle insurance policy issued to Mr. Mushtaq Ahmed of Jammu, Jammu & Kashmir. It provides insurance coverage from January 1, 2023 to December 31, 2023 for his 2020 Maruti Baleno registered in Jammu. The insured declared value of the vehicle is Rs. 495,857. The total premium due is Rs. 15,729 which will be paid by auto debit from his HSBC bank account. The policy covers own damage but no other liability and is subject to terms regarding use of the vehicle, drivers covered, deductibles, and no claim bonus eligibility.
This document is a policy schedule for a stand-alone own damage vehicle insurance policy issued to Mr. Mushtaq Ahmed of Jammu, Jammu & Kashmir. It provides insurance coverage from January 1, 2023 to December 31, 2023 for his 2020 Maruti Baleno registered in Jammu. The insured declared value of the vehicle is Rs. 495,857. The total premium due is Rs. 15,729 which will be paid by auto debit from his HSBC bank account. The policy covers own damage but no other liability and is subject to terms regarding use of the vehicle, drivers covered, deductibles, and no claim bonus eligibility.
(FORM 51 OF THE CENTRALMOTOR VEHICLES RULES, 1989) Policy Type Stand-alone OD Policy ( Private Vehicle ) Proposal No. & Date SR11931159 / 24-Dec-2022 Policy No. & Type 13188082 Period of Insurance 01-Jan-2023 to 31-Dec-2023 Policy Issued On 24-Dec-2022 (00:00) Vehicle Identification No. MBHEWB22SLM598828 Insured Name Mr Mushtaq Ahmed Geographical Area INDIA Invoice No SR11931159 Accounting Code of Service 997134 Insured Address S/O SH. NOOR DIN R/O UPPER THAHTER BANTALAB JAMMU NEAR RADHASWAMI SATSANG BHAWAN THATHER,, JAMMU-180001, Jammu & Kashmir Insured State & Code Jammu & Kashmir-01 Place of Supply Jammu & Kashmir GSTIN of Customer GSTUNREGISTERED INSURED MOTOR VEHICLE DETAILS INSURED DECLARED VALUE (IDV) (in Rs.) Make Maruti Vehicle 495857 Model & Variant THE NEW BALENO BS-VI ZETAPETROL/ Non Electrical Accessories 0 Registration No JK02CR3325 Electrical Accessories 0 Year of Manufacture 2020 CNG/ LPG Kit 0 Engine- Chassis No K12MP 4135520 - MBHEWB22SLM598828 Total IDV 495857 Cubic Capacity 1197 Seating Capacity 5 Type Of Body Saloon RTO Location JK02CR3325 / JAMMU Schedule Of Premium (Amount in Rs.) OWN DAMAGE SECTION (A) Pre-Existing Third Party Policy Details. Vehicle 6803 Insurance Company Name IFFCO TOKIO GENERAL INSURANCE COMPANY LIMITED Elec. Accessories 0 Policy No. 12343724 Non- Elec. Accessories 0 Risk Inception Date 01-Jan-2021 Kit (IMT-25) 0 Risk Expiry Date 31-Dec-2023 Extra Premium towards Inbuilt CNG/LPG NA Basic Premium 6803 MISP - JAMKASH VEHICLEADES, JAMMU Geographical Area Extn. (IMT-1) NA Lamp, Tyres etc. (IMT 23) 0 Driving Tuition Loading On OD Premium (60%) NA Notes : ( For Stand-alone OD Policy ) Fiber Glass Tank 0 1. Policy Issuance is the subject to the realisation of cheque. Sub-Total Additions 0 2. Consolidate stamp duty paid to State Exchequer Deductibles 3. The Policy is subject to a compulsory Deductible of Rs 1000 (IMT -22) Voluntary Deductibles (IMT 22A) 0 4. Voluntary excess Rs (0) Anti-Theft Device (IMT-10) 170 5. Subject to Endorsements IMT ,7 10, 6. The Coverage under this policy is only for Own Damage and no other liability in connection with AAI Membership (IMT-8) 0 the vehicle. No Claim Bonus 0 0 Discount for vehicles designed for handicapped NA Sub - Total Deductibles 170 Add - On Coverages DEPRECIATION WAIVER 3471 Engine And Gear Box Protection Cover 992 New Vehicle Replacement 1240 Loss Of Key Cover 250 Consumable Cover 744 Net own Damage Premium (A) 13330 CGST@9% 1199.70 SGST@9% 1199.70 Total OD Premium 15729 Nominee Details : Nominee Name ZULFABI Age 48 Relation Wife Payment Method Cheque No./Transaction No. Bank Name Amount Payment Detail Auto Debit 49684909 HSBC BANK LTD 15729 Financier Type Financed Financier Name JAMMU AND KASHMIR BANK LTD Financier Branch CHINAR SRINAGAR RESIDENCY ROAD Limitations as to use:- The Policy covers use of the vehicle for any purpose other than: a) Hire or Reward, b) Carriage of goods (other than samples or personal luggage), c) Organized racing, d) Pace making, e) Speed testing, f) Reliability Trials, g) Any purpose in connection with Motor Trade. Driver: Any person including the insured, Provided that a person driving holds an effective driving license at the time of the accident and is not disqualified from holding or obtaining such a license; Provided also that the person holding an effective learner's license may also drive the vehicle and that such a person satisfies the requirements of Rule 3 of the Central Motor Vehicles Rules, 1989. Deductibles: Deductible under section-I : Rs 1000(Compulsory Deductible Rs 1000 Imposed Deductible Rs. 0 and Voluntary Deductible Rs 0) No Claim Bonus: The insured is entitled for a No Claim Bonus (NCB) on the Own Damage section of the policy, if no claim is made or pending during the preceding year (s), as per the following: The preceding year/20%, Preceding Two consecutive years/25%, Preceding Three consecutive years/35%, Preceding Four consecutive years/45%, Preceding Five consecutive years/50%. No Claim Bonus will only be allowed provided the policy is renewed within 90 days of the expiry date of the previous policy. IMPORTANT NOTICE: The Insured is not indemnified if the vehicle is used or driven otherwise than in accordance with this Schedule. Any payment made by the Company by reason of wider terms appearing in the Certificate in order to comply with the Motor Vehicle Act, 1988 is recoverable from the Insured. See the clause headed "AVOIDANCE OF CERTAIN TERMS AND RIGHT OF RECOVERY". For Legal interpretation, English version will hold good. For information on ombudsman you may visit website : https://www.cioins.co.in/Ombudsman I / We hereby certify that the Policy to which this Certificate relates as well as this Certificate of Insurance are issued in accordance with the provisions of Chapter X and Chapter XI of M.V. Act, 1988. For IFFCO TOKIO GENERAL INSURANCE COMPANY LIMITED We hereby declare that though our aggregate turnover in any preceding financial year from 2017-18 onwards is more than the aggregate turnover notified under sub-rule (4) of rule 48, we are not required to prepare an invoice in terms of the provisions of the said sub-rule. Authorized Signatory Policy Issuing Office:-BS-45/6, Sector-B Sainik Colony National Highway Jammu Jammu & Kashmir 180011 GSTIN: 01AAACI7573HIZQ, CIN No.:U74899DL2000PLC107621 State Name : Jammu & Kashmir