FinMapp, a financial services firm, announced that it has been granted a licence under the National Pension Scheme by the Pension Fund Regulatory and Development Authority (PFRDA). It has also obtained a registration certificate as a corporate agent from the Insurance Regulatory and Development Authority of India (Irdai).
On its app, the organisation offers a variety of financial goods, from mutual funds to bank accounts. “A one-stop marketplace for all financial products made digitally available by prominent banks, NBFCs, insurance companies, mutual funds institutions, and capital markets,” according to the company.”
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Key Points:
● The licences would allow FinMapp to provide insurance and NPS products to its clients as a verified seller, allowing the company to extend its customer base, according to the company’s statement.
● In the next months, the company will make NPS available as an investment tool on its app.
● The IRDAI & PFRDA certificate marks a crucial milestone in our development.
● It will assist us in strengthening our financial services and validating our status as a legitimate seller of NPS and other similar products.
● It will aid with the strengthening of our financial services and the validation of our status as a legitimate vendor of NPS and insurance products.
Find More News on Economy Here
Bondi Beach is one of Australia’s most recognisable and loved coastal destinations. Located just minutes…
As one of the all-time great WWE superstars, John Cena officially retired from in-ring competition…
The Indian Space Research Organisation (ISRO) has revealed plans for no less than seven space…
The Chakrashila Wildlife Sanctuary in Assam has recently come into focus due to successful community-led…
India’s presence in global motorsport technology received a major boost as MRF Tyres clinched the…
India's push towards meeting its increasing energy demands while ensuring long-term sustainability received a boost…