Claims will be settled in Indian currency only. If the claimant is NRI or PIO or OCI, subject to applicable RBI regulations and other acts, Claim can be settled by direct credit to NRE / NRO / Foreign Bank account of the claimant. Claim settled by crediting foreign bank account will be in proportion to the amount of premium paid in foreign currency, in relation to the total premium payable. Balance claim amount, if any, will be settled by crediting NRE / NRO account of the claimant, as applicable. If premiums have been paid in non-repatriable rupees, then claim will be settled by crediting to NRO account only. In case the claimant is an Indian Resident, then claim will be settled through direct credit to claimant’s Indian bank account only.