Product Credit Life Insurance

NRSP Bank make arrangements of Credit Life Insurance to its all individual borrowers to cover the credit risk of natural or accidental death of clients.

Under This Scheme:

Provided to: All borrowers availing individual loans

Coverage Age: 18 Years to 65 years

Insurance Cover: Principal Outstanding

Fee Charge to Customer: Free

Coverage Against: On death of an insured member due to natural or accidental causes.