Non-banking financial companies offer Covid-19 insurance covers to its gold loan customers

For instance, Muthoot Finance has tied up with Kotak Mahindra General Insurance Company to provide complimentary Covid-19 insurance cover to its gold loan customers. The non-banking lender is offering a higher per gram lending rate for gold loan, along with complimentary Covid-19 cover up to Rs 1 lakh, to its Muthoot Super Loan scheme customers.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/non-banking-financial-companies-offer-covid-19-insurance-covers-to-its-gold-loan-customers/articleshow/77743972.cms