• Insurance

  • Micro Insurance

    Clients are offered term life insurance in partnership with insurance companies. In case of natural death, the family is relieved from loan payments as the company covers the full amount along with funeral expenses. In case of accidental death, 200% of the loan is provided to the family along with funeral support. If the client becomes fully disabled due to an accident, the total loan is compensated.

    Livestock Insurance

    NMBMF offers livestock insurance in collaboration with the Deposit and Credit Guarantee Corporation (DCGC). Clients pay 3% of the livestock’s value, which is matched by the government. If the livestock dies and is verified by a vet, 80% of the loan is reimbursed. If the livestock survives the loan term, 20% of the premium is refunded to the client.

    Life Insurance

    NMBMF partners with a local life insurance company to provide life insurance services, ensuring financial security and stability for its clients and their families.

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