: It can appear as a direct debit for insurance premiums or a credit if you have an active claim.
: Some insurance schemes, like the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) , automatically debit small amounts (e.g., ₹436) from savings accounts annually. If the entry is a small annual charge, it may be a government-linked scheme rather than a private Plic SBD policy. Common Reasons for Claims plicsbd insurance claim on bank statement
: Small Business Development division, which often handles group life, disability, and dental benefits for small to midsize businesses. Transaction Types : : It can appear as a direct debit
: In professional settings, these charges are sometimes categorized under accident insurance professional liability Managing the Insurance Claim Process automatically debit small amounts (e.g.