Insurance

Suraksha Kavach

This new benefit is extended to all our borrowers absolutely free of cost!

The risks covered are:

a) Personal accident risk cover to the borrowers [earning applicant as specified by the company]

b) Loss of job of the earning applicant – upto 6 EMIs subject to a maximum of Rs.25,000/-

c) Insurance of the property [excluding land] against risk of fire and riots.

d) Also against risk of earthquake for Pune Branch borrowers and flood for all other branch borrowers.


The amount of claim shall be restricted to the loan amount outstanding upto a maximum of Rs. 1.00 crore. This cover cannot be claimed as a matter of right. It would be at the sole discretion of the company.