Midland Microfin Ltd. offers Credit Linked Insurance Cover to its members, ensuring recovery and support for bereaved families in the event of an unfortunate death. This insurance amount not only protects credit but also provides financial support to borrowers’ families, mitigating the financial risk after the insured person’s demise.

Our life insurance policy covers both the borrower and their co-insured at an affordable premium, in accordance with RBI guidelines. We only charge the actual insurance cost from our members and the insured.

Midland Microfin Ltd. has established partnerships with HDFC Life, Digit Life and Kotak Life Insurance Company to provide this credit-linked insurance product, ensuring comprehensive and reliable coverage for our members.