Sunrise Bank and Prime Life signs an agreement to introduce new product

ShareSansar June 30:

Sunrise Bank will be introducing its new loan product named “Sunrise Surakchit Ghar Karja” which also incorporates a term life insurance.

Yesterday, in a program, CEO of Sunrise Bank Mr. Ratna Raj Bajracharya and CEO of Prime Life Insurance Mr. Manoj Kumar Bhattarai signed the agreement.

Under this product, home loan ranging from 5 lakh up to 1 crore will be dispersed and incase of death of the debtor, the insurance company will be paying the loan amount equal to the sum assured. Also at the end of loan period the debtor will be provided with dividends.