Insurance to clients
Credit Life Insurance, Health insurance (Hospi Shield) products are offered to clients.
Insurance to clients
Credit Life Insurance, Health insurance (Hospi Shield) products are offered to clients.
Credit Life Insurance
SRFS covers the clients to the extent of loan amount for the tenure of the loan. In the event of unfortunate death of borrower, the loan risk is fully covered, the nominee gets the balance already repaid amount which helps the family to overcome the financial burden of future repayments.
Credit Life Insurance
SRFS covers the clients to the extent of loan amount for the tenure of the loan. In the event of unfortunate death of borrower, the loan risk is fully covered, the nominee gets the balance already repaid amount which helps the family to overcome the financial burden of future repayments.
Health Insurance (Hospi Shield)
Offer hospital daily cash benefit and also death benefit of INR 1 lac in case of accidental death to our customers. Provides security for our customers and their families. SRFS offers the lowest premiums in the MFI sector for life and health insurance, as it does not charge any commission to its clients.
Health Insurance (Hospi Shield)
Offer hospital daily cash benefit and also death benefit of INR 1 lac in case of accidental death to our customers. Provides security for our customers and their families. SRFS offers the lowest premiums in the MFI sector for life and health insurance, as it does not charge any commission to its clients.
Financial Literacy Services
Financial literacy programs are delivered through structured training sessions for SHGs, organized by MYRADA and partner NGOs, funded by SRFS's CSR initiatives. Additionally, SRFS runs a significant program supported by the Reserve Bank of India’s Depositors Education Awareness (RBI-DEA) initiative, having conducted 36 sessions with approximately 2,500 participants. Digital literacy is also provided through regular SHG meetings, SHG Workshops and RBI DEA workshops. Social literacy –is a key component of SHG training programs funded by CSR initiatives. The training includes modules on the concept of SHGs, bookkeeping and digital literacy, leadership and its significance, decision-making and conflict resolution, effective SHG meetings, networking and linkages, and structural analysis of society.
Financial Literacy Services
Financial literacy programs are delivered through structured training sessions for SHGs, organized by MYRADA and partner NGOs, funded by SRFS's CSR initiatives. Additionally, SRFS runs a significant program supported by the Reserve Bank of India’s Depositors Education Awareness (RBI-DEA) initiative, having conducted 36 sessions with approximately 2,500 participants. Digital literacy is also provided through regular SHG meetings, SHG Workshops and RBI DEA workshops. Social literacy –is a key component of SHG training programs funded by CSR initiatives. The training includes modules on the concept of SHGs, bookkeeping and digital literacy, leadership and its significance, decision-making and conflict resolution, effective SHG meetings, networking and linkages, and structural analysis of society.
Support services
CSR funds are provided to NGOs for forming and training SHGs. CSR funds are provided to borrowers/clients for getting trained in technical and management skills in relevant Training Institutions. This is done particularly for those borrowers who take larger TIREN loans. They need to upgrade their skills.
Support services
CSR funds are provided to NGOs for forming and training SHGs. CSR funds are provided to borrowers/clients for getting trained in technical and management skills in relevant Training Institutions. This is done particularly for those borrowers who take larger TIREN loans. They need to upgrade their skills.
Mahila Sahaya Support Service
SRFS staff keep in touch digitally/telephonically with the client to enquire how activities are progressing and to remind the client of due dates for repayment. The staff also enquire where the client needs support services like training and market linkages and if there are obstacles arising in implementing the activity. If there are problems, experienced staff visit the client to assess what they require. The Regional office then takes steps to provide the service required.
Mahila Sahaya Support Service
SRFS staff keep in touch digitally/telephonically with the client to enquire how activities are progressing and to remind the client of due dates for repayment. The staff also enquire where the client needs support services like training and market linkages and if there are obstacles arising in implementing the activity. If there are problems, experienced staff visit the client to assess what they require. The Regional office then takes steps to provide the service required.