SBFC Finance has obtained Certificate of Registration from the Insurance Regulatory and Development Authority of India (IRDAI) to act as a ‘Corporate Agent (Composite)’ under the Insurance Act, 1938.
The company will be able to solicit insurance products to its customers as a Corporate Agent. The registration shall be valid from November 25, 2024 to November 24, 2027.
SBFC Finance is a systemically important, non-deposit-taking Non-Banking Finance Company (NBFC-ND-SI).