Insurance Pact between Yeti Bank and National Life

November 17: Yeti Development Bank has launched 'Laghu Amrit Jeevan Beema' scheme targeting its customers employing microfinance loan. For the effective execution of the scheme, the bank has co-ordinate with National Life Insurance. In this regard, both institutions signed an agreement on Wednesday, November 16. Under the scheme, customers will be facilitated insurance services worth of Rs 5,000 to Rs 700,000. The bank informed that in case of death of the customer, the insured amount will be provided to authorised person under the scheme.