Archive · 1 Oct 2025
FatakSecure Approved for Insurance Agent License in India
FatakSecure, a company that is part of FatakPay, has been given permission by the Indian government to sell insurance.
This means they can now offer different kinds of insurance like car, health, and life insurance to people.
The head of FatakSecure, Bikash Choudhary, said that this license is important because many people in India don't have insurance, and this will help them get protection and save money for the future.
The company is now able to formally offer these insurance products to more people.
FatakSecure, a subsidiary of FatakPay, received approval from IRDAI.
The approval allows FatakSecure to expand its insurance offerings.
The company can now offer motor, health, accident, and life insurance.
Bikash Choudhary, CEO of FatakSecure, highlighted the need for insurance in India.
The license allows the company to offer protection and savings.
- Who
- FatakSecure
- What
- Received approval for a corporate agent license
- When
- October 1, 2025 (publication date)
- Where
- India
- Why
- To expand insurance offerings
- Company
- FatakSecure (subsidiary of FatakPay)
- Regulatory Body
- IRDAI (Insurance Regulatory and Development Authority of India)
- License Type
- Composite Corporate Agent License
- Purpose
- To expand insurance offerings in India
- CEO
- Bikash Choudhary
- Approved Products
- Motor, health, accident, life, corporate and consumable insurance
- Date of Publication
- October 1, 2025