Yeti Dev. Bank signs pact with National Life Insurance to launch ‘Laghu Amrit Jeevan Beema’ scheme

Yeti Development Bank Limited has unveiled ‘Laghu Amrit Jeevan Beema’ for its microfinance creditors. The development bank signed the pact with National Life Insurance Company Limited on Mangsir 1, 2073. Issuing a press statement, it stated that creditors can borrow loan starting from Rs 5 thousand up to Rs 7 lakh at maximum under this scheme. Also after demise of the customer, the insured will be provided 10% or Rs 25 thousand of the total insurance amount. Likewise, upon severe physical injury, the insured will be paid 50% or even total of the insurance amount added the statement.