Briezi Partner

Features Briezi Partner

* Manage all your customers and policies digitally* Retain customers by providing premium finance, policy assignment* Help customers to get loans on insurance* Earn extra income and get processed leads to meet your monthly sales target* Automated renewal reminders and CRM features for managing your customersHere’s an example of how a loan against insurance work• Minimum Tenure - 6 Months• Maximum Tenure - 36 Months• Loan amount: ₹ 50,000• Processing fee (2% of loan amount * 18% GST) : ₹ 590• Total Loan amount: ₹ 50,590• Interest: 12% p.a.
(on reducing principal balance interest calculation)• Tenure: 12 months• Your EMI: ₹ 4,495• Total Amount to be paid: ₹ 4,495 x 12 = ₹ 53,940• Total interest paid: ₹ 53,940 - ₹ 50,590 = ₹ 3,350• Total cost of loan: ₹ 3,350 + ₹ 590 = ₹ 3,940• APR (Annual Percentage Rate): 14.2%Our Partner NBFCs• Radiant Equity Management Pvt Ltd