Anyone offering investment advisory, mutual fund distribution, insurance sales, or distributing other loans, credit cards, and accounts could be a good fit.
Not already an IFA? You can still partner with us. Contact us to learn how.
Stop redemptions and retain your customers
Help your customers get credit against life insurance policies
LOAN AGAINST INSURANCE ON MERA KAL IS EASY
Benefits of Mera Kal
For You
Stop Redemptions
Offer an alternative to redeeming mutual funds and shares or surrendering insurance assets through credit
Improve Portfolio Performance
Affordable credit can reduce customers’ losses due to redemptions and improve the productivity of low-yielding assets
Boost Earnings
Attract new customers and better service existing ones, build loyalty whilst earning commissions
For Your Customers
Affordable Loans from 11% p.a.
Offer an alternative to redeeming mutual funds and shares or surrendering insurance assets through credit
Avoid Surrender Loss
No need to surrender insurance policies, which typically leads to some loss of premiums paid and bonuses accrued, in order to get liquidity
Retain Policy Benefits
Continue to enjoy the life cover, tax benefits and to accrue bonuses on the policy as it approaches maturity
Unlock benefits for your customers and grow your financial advisory practice
Download our e-book to learn more.
How it works
Simple to get started on Mera Kal
Join Mera Kal online
Sign up in just 5 minutes, e-sign the MOU on your phone
Generate and share link
Generate a unique referral link that you can share with your customer
Customer signs up for loan
Receive instant intimation, commission on successful disbursal
Track clients status
Receive data on status of loan application of all your referred clients
More Details
Frequently Asked Questions
The commission paid to Independent Financial Advisors (IFAs) varies based on the amount disbursed. Currently, it is 0.75% of the loan amount disbursed. Please note that the commission structure may change over time.
| Loan Amount | Commission Earned |
|---|---|
| ₹10,00,000 | ₹7,500 |
| ₹1 Crore | ₹75,000 |