A new-age Indian rurban bank, Fincare Small Finance Bank is focused on providing smart banking solutions. It announced its new tie-up with Go Digital Insurance. This partnership helps to enable Fincare Small Finance Bank to be able to avail the critical financial protection need of customers and make insurance services accessible to its targeted customer segment. The specifically designed byte-sized products for digital banking partners will offer high-value insurance products for customers without any complications in the boarding process.
Rajeev Yadav Managing Director and CEO of Fincare Small Finance Bank said that at Fincare all their activities are based on customer needs. This association will help them to strengthen and deepen the relationship with their customers and to meet their insurance needs at a period of time when it’s most necessary. The combination of Go Digit’s digitization and the innovative digital solution of Fincare helps to empower their clients to make sharp and smart choices.
Jasleen Kohli, Chief Distribution Officer of Go Digit Insurance said that their mission at Go Digit is to simplify insurance and to come up with innovative products that customers really need. Based on the current global crisis they are trying to cover people against any unforeseen and unfortunate situations and help them in protecting their assets. They hope to offer meaningful and useful products to Fincare customers through this partnership. They are happy that Fincare shares the same thought and outlook towards using technology to transform people’s lives better & simplify the processes. The idea is to handle those unpredictable situations in the possible the best way available, through the simplified insurance as an instrument, he added.
Under this partnership, the products offered by them include Digit’s Motor Insurance policies where the customers can opt for two-wheeler as well as four-wheeler vehicles against accidents, fire, natural disasters, etc. Insurance policies for Home and Shop are offered too where customers can cover their building structure and contents against fire, natural disasters, etc. Digit also offers zero-touch claims enabled by audio claims, soft-copy document submission, and 24*7 customer care assistance. The journey of Fincare was started in 2017 with the process of coming together of two NBFC microfinance institutions, Future Financial services, and Disha Microfin. They are in a run to become the ‘smart bank of choice’ in India.
