India’s leading Digital lending startup, RevFin has joined hands with PNB MetLife India Insurance Company to offer protection to the RevFin’s customers by bundling life insurance cover on their loans. This insurance covers loans up to ₹3 lakh for a period of 3 years.
The collaboration will help PNB MetLife to reach out to unbanked areas & drive greater financial inclusion in the country by securing the families of the borrowers against loan repayment in case of unfortunate death of the borrower.
Important takeaways for all competitive exams:
- PNB MetLife India founded: 2001.
- PNB MetLife India Headquarters: Mumbai, Maharashtra.
- PNB MetLife India MD & CEO: Ashish Kumar Srivastava.
Source: The Hindu