Non-banking financial companies offer Covid-19 insurance covers to its gold loan customers

For instance, Muthoot Finance has tied up with Kotak Mahindra General Insurance Company to provide complimentary Covid-19 insurance cover to its gold loan customers. The non-banking lender is offering a higher per gram lending rate for gold loan, along with complimentary Covid-19 cover up to Rs 1 lakh, to its Muthoot Super Loan scheme customers.

from Banking/Finance-Industry-Economic Times https://ift.tt/2QkYUzD