NCB full form – Full Form of NCB | Full Form World

 NCB full form 

ncb full form, full form of ncb

 

NCB Full Form – NCB is essentially a discount on your insurance premium that you can avail when you renew your policy. If you do not make any claims for a few years consecutively, You can accumulate up to 50% discount on premiums! 

Full form of NCB is :
 

 

N ➥No
➥Claim
➥Bomus

 

 
&
 
N ➥Narcotics
➥Control
➥Bureau
 
So,full form of NCB is No Claim Bonus. & Narcotics Control Bureau.
 

FAQs about NCB :

 

  • NCB will help you to fetch a discount on policy renewal.
  • NCB is associated with the car owner and not the car.
  • No Claim Bonus is applicable at the time of policy renewal and only on the ‘Own Damage’ component of your car insurance policy.

 

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