Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 2071)
2071.
This bank launched Met Loan & Life Suraksha to cover the loan liability of a customer.
Answer: Option
Explanation:
One of the leading private sector lender Karnataka Bank announced that the bank has launched "Met Loan & Life Suraksha" (MLLS) for its customers. It is a single premium plan covering the loan liability of a customer. The bank also introduced 'KBL MLLS' app, which marks the celebration of 15 years of partnership with M/s PNB MetLife. This app is exclusively for the Karnataka Bank employees to instantly calculate the insurance cover and premium-based on loan liability of their borrowers.
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