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
Following good monsoon rains, migratory birds like storks, pelicans, painted storks, and bar-headed geese have…
With rising crime complexity and new legal mandates requiring forensic evidence, India is strengthening its…
Fiscal Policy is one of the most influential pillars of India’s economic strategy. It determines…
The Earth has many amazing and unusual places, and some of them experience temperatures that…
In a striking reflection of a shifting global wealth landscape, the UBS Billionaire Ambitions Report…
In a landmark moment for cricket, Sunil Narine has become the first player in the…