XVI. INSURANCE COVERAGES
1. Money in Transit Policy
Money in Transit between HPF premises (HO & premises) and the Bank estimated annual carrying limit Rs. 382 lakhs. Limit of any one carrying from 0.5 lacs to 10 lacs at Branches and Rs. 30 lacs at Head Office, Indunagar, Safe locker / cash box at insured premises to the disbursement centre 0.04 lac.
2. Marine Inland Transit Policy
Inland transit of photographic finished goods from Head Office to 12 Branches situated all over India, inter Branch Transfer, Transfer of Raw Materials and other materials from Purchase centre to Head Office including Silver.
Estimated transactions during the year Rs. 70 crores.
3. Insurance on Store
Stock of photographic finished goods stored / lying at Head Office, Indunagar, and branches situated all over India against fire and allied perils and raw materials lying at Head Office at Ooty. Sum insured Rs. 100 lacs
4. Motor Vehicle Insurance
Company Vehicles :
Light vehicles : 11 Nos. Value Rs. 10,84,741/-
Heavy vehicles : 7 Nos. Value Rs. 12,10,840/-
** Interested insurance companies are requested to register by filling in the relevant columns of the registration formats and also furnish additional information deemed relevant for this purpose