 |
SSF Products |
|
|
2. Insurance Products |
|
B. Emergancy Fund Services |
|
The Emergency Fund (EF) is the coverage to the client’s family if the client dies during the period of repayment (one year or six months as per the agreement) on the following terms and conditions: |
|
|
1% on each disbursed loan has to be deposited by client at the time of disbursement. |
|
The Coverage period is the loan term period as signed between the client and organization |
|
In case of client’s death the entire remaining amount will be waved off and will not be claimed from his/her families/guarantees. |
|
All the deposited amount with the organization (except Financial Income) will be returned back to the family members/nominee by the client. |
|
|