Suryajyoti Life Introduces E-Loan and Digital Card Services

Suryajyoti Life Insurance Company Limited has launched new services in Nepal’s insurance sector. The company introduced the ‘Suryajyoti Cares Digital Card’ and ‘Suryajyoti E-Loan’ services for the first time. The launch took place during an event on Monday, officiated by CEO Prakash Bikram Khatri.

Khatri explained, “Through the E-Loan service, individuals with life insurance policies can now apply for loans online.” Policyholders who have paid their third installment and completed three years can avail loans up to NPR 50,000. The amount will be deposited into their bank accounts within a few days, with the company claiming this to be a first-of-its-kind service in Nepal.

Additionally, the ‘Suryajyoti Cares Digital Card,’ priced at NPR 50, targets policyholders with policies exceeding NPR 5 lakh and agents. It offers discounts at 42 hospitals, QR payment benefits at Alka Hospital, and concessions at fitness centers, cinemas, and shopping malls, as per the company’s agreements.