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DateLine Sunday, 22 April 2007

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HNB Gami Pubuduwa Micro Finance Insurance claim honoured



Chandula Abeywickrema (DGM - Personal Banking and Network Management - HNB) presents the cheque to Mrs. Murin Mataraarachchi, mother of deceased D. D. Shaminda. Also in the picture from left Mrs. Indrani Weerasinghe (General Manager Life-HNB Assurance) Gerry Gunadasa (General Manager - HNB Assurance) A N J de Silva (Chief Manager - Business Development Subsidiaries-HNB) and M V P Gunawardena (Manager - Development Banking - HNB).

The first claim under the HNB Gami Pubuduwa Micro Finance Insurance Scheme was honoured recently at its Head Office, Development Banking Division.

The beneficiary Mrs Murin Mataraarachchi (67) received an cheque for Rs. 25,000 as a nominee for her son Dimantha Danushka Shaminda (23) who died in a road accident recently. HNB Assurance also settled the loan balance outstanding of Rs. 23,000 to the bank, which is a great relief to guarantors who provided collateral for the deceased borrower's loan.

The borrower, D. D Shaminda, a Gami Pubuduwa customer of HNB Kalutara had been engaged in house wiring and repairing of electrical equipment. He was the breadwinner of his family and his father is also bed-ridden.

The bank together with HNB Assurance Ltd introduced this micro finance insurance scheme in June 2006 as a value addition to the Gami Pubuduwa concept, which covers life and liability of borrowers.

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