1.Central Government and State Government employees (in service or retired) and their families.

2.Employees (in service or retired) of Public Sector Undertakings, Public Sector Banks, any entity owned by the central government, any entity owned by a state government or any entity jointly owned by the central government and any state government, and their families.

3.Persons whose income is taxable under I-T Act 1961 or are filing the yearly Income Tax return or in whose case TDS is being deducted from the income, and their families.

4.Persons who are included in the Aam Aadmi Bima Yojana covering 48 occupations defined under the scheme, and their families.

5.Otherwise eligible account holders, who have life cover on account of any other scheme of the Bank against the account, shall have to choose between the two schemes and derive benefit from only one.

6.All persons who do not fulfil the basic eligibility conditions of the scheme.