Kissht Receives IRDAI Nod to Operate as Corporate Agent

Kissht has announced that it has secured a corporate agency license from the Insurance Regulatory and Development Authority (IRDAI) and has partnered with HDFC life, Aditya Birla Health Insurance, ICICI Prudential & Go Digit to offer insurance products along with product finance and personal loans via its 10K+ retail merchant & 3K+ Kissht franchisee across India.

Customers who will avail loan from Kissht Franchisee partners, will get an option to secure loan against any unforeseen uncertainties.  Kissht has joined hands with reputed Insurance companies to provide their customers with General, Health & Life Insurance. This will provide them and their families with a sense of security on availing Personal Loans from us across our 3k+ franchisee chains. Kissht not only provides attractive financing schemes to the customers availing Personal Loan but also provides security in the form of accidental coverage, health insurance and critical illness cover to secure their & their families lives. The process is also completely digital in nature.

Customers who will opt to buy Mobile insurance or extended warranty via our 10K+ retail merchants will get insurance cover for product financed via Kissht. Under product insurance, customers enjoy protection in case of accidental and/or liquid damage with Pan India coverage.

In case of Extended Warranty, our partners provide Repair or Replacement Guarantee, Genuine Spare Parts Guarantee, Doorstep Service with maximum tenure of 5 years.

Speaking about this, Krishnan Vishwanathan CEO and Co-founder, Kissht has said that “Insurance is the logical next move for us to help our customers, not only achieve quick affordable finance but also great sense of personal security. The plan, from purchase to claim, will be completely integrated into our online platform, which customers are already familiar with and trust our services.”

Speaking about this, Ranvir Singh, Director and Co-founder, Kissht has said that “As we strive to achieve bigger milestones, our focus in the coming year would be to create more avenues for customers to avail complete digital, paper less affordable solutions for customer which further simplify customers’ life, using technology as an enabler.”