SERVICES
Insurance to Clients
Credit Life Insurance and Health Insurance (Hospi Shield) products are offered to clients, providing comprehensive financial security and peace of mind.
Credit Life Insurance
SRFS covers clients to the extent of the loan amount for the tenure of the loan. In the event of the unfortunate death of the borrower, the loan risk is fully covered, and the nominee receives the balance of the already repaid amount, helping the family overcome the financial burden of future repayments.
Health Insurance (Hospi Shield)
Offers hospital daily cash benefits and a death benefit of INR 1 lac in case of accidental death.
Financial and Digital Literacy
As Delivers workshops on budgeting, savings, financial planning and digital skills for rural women.
Support Services
CSR funds are provided to NGOs for forming and training SHGs. CSR funds are also provided to borrowers/clients for training in technical and management skills at relevant Training Institutions, particularly for those who take larger TIREN loans to upgrade their skills.
Mahila Sahaya Support Service
SRFS staff maintain digital/telephonic contact with clients to monitor progress, remind them of repayment due dates, and inquire about needs for support services like training and market linkages. If obstacles arise, experienced staff visit the client to assess requirements, and the Regional office takes steps to provide the necessary services.