Growth through the lens of Sustainability PRODUCT CATEGORY NAME OF LOAN/PRODUCT MAXIMUM AMOUNT OF LOAN / CREDIT LIMIT / INSURANCE COVERAGE TERM (MONTHS/WEEK) Insurance (offered through tie-ups with certain Indian insurance companies) Term Life Insurance Coverage is equal to loan amount disbursed to customer. Loan Term + 2 Months Hospicash INR 1,000/ INR 1,500 per day for normal hospitalisation up to 30 days and INR 2,000/ INR 3,000 per day for ICU hospitalisation up to 20 days in a year. Riders include Personal Accident benefit of INR 200,000 including permanent and partial disability. Convalescence benefit of INR 2,000/ INR 3,000 12/24 months Shopkeeper Insurance Sum Insured: (Stock – INR 1,25,000/ INR 1,50,000; Content – INR 1,25,000; Burglary – INR 2,50,000/ INR 2,75,000) 24 months Dwelling Insurance Upto INR 25,000 depending on extent of damage caused to the house 24 months Suraksha Kavach (Mediclaim) Sum Insured – INR 50,000, Daily benefit INR 500 daily benefit per day hospitalization with maximum limit up to 10 days in a year for Borrower & Co-Borrower (floater), Personal accident benefit INR 1 lakh 24 months Personal Accident Insurance Sum insured INR 1,00,000/ INR 2,00,000 24 months Loans to Small MFIs Term Loans INR 25 Cr 12-36 months OTHER PRODUCTS Annual Report 2023-24 | 16
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