| SOCIAL
SECURITY SCHEME(SSS) |
-
Total premium-Rs.125/-
-
Premium-Rs.100/- for JBY(LIC)Ø Premium-Rs.5/-
for GIS(LIC)
-
Rs.20/-to cover funeral expenses of the
spouse of the client& client
|
- SSS
is an Insurance product designed to mitigate
the risk & protect the welfare of the
borrower
-
Compulsory for all active borrowers
-
Insured Risk - life of the spouse
-
Risk coverage-ND-Rs.20000/- -AD-Rs.50000/-
-
Death of the client-Write-off the loan
outstanding of the client
- Scheme
with LIC-JBY
-
Other than the usual benefits from the
LIC, SAADHANA remits Rs. 1000/- for the
spouse & Rs. 500/- for the client on the
spot towards funeral expenses
|
All
borrowers |
|
